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Area Director

Cresten Properties

SIOUX FALLS, SD US

Posted/Updated: 2 days ago

Job Description

Operational & Financial Management

  • Oversee day-to-day operations of multiple properties, ensuring adherence to company policies and federal/state regulations.

  • Assist in budgeting, financial planning, and expense management to optimize property performance.

  • Monitor and analyze financial reports, including monthly budget variance analysis.

  • Oversee accounts receivable (AR) and accounts payable (AP) functions for each property.

Team Leadership & Performance Management

  • Recruit, train, and mentor Property Managers and on-site staff, fostering a high-performing, engaged workforce.

  • Set clear performance expectations and hold staff accountable for achieving budget, KPI, and operational goals.

  • Provide ongoing coaching and support to enhance team efficiency and professional development.

Leasing, Marketing & Resident Relations

  • Monitor occupancy trends and develop leasing strategies to maintain high occupancy and maximize revenue.

  • Analyze market conditions to ensure competitive pricing and positioning.

  • Ensure high resident satisfaction through proactive communication, conflict resolution, and community engagement initiatives.

Property Maintenance & Compliance

  • Collaborate with maintenance teams to uphold property standards and ensure timely service.

  • Conduct regular property inspections to identify and address maintenance needs.

  • Ensure compliance with Fair Housing regulations, risk management protocols, and company policies.

Vendor & Contractor Management

  • Coordinate with vendors and contractors to ensure cost-effective, high-quality service delivery.

  • Negotiate contracts and manage vendor relationships to optimize operational efficiency.

Performance Monitoring & Continuous Improvement

  • Track and analyze key performance indicators (KPIs) such as occupancy rates, rent collection, and maintenance efficiency.

  • Implement process improvements and cost-saving initiatives to enhance operational success.

  • Provide reports and recommendations to senior leadership on property performance and areas for growth.

REQUIRED SKILLS/ABILITIES:

  • Strong leadership, organizational, and problem-solving skills.

  • Ability to analyze financial data and implement strategic solutions.

  • Excellent communication and interpersonal skills.

  • Proficiency in property management software (Yardi preferred).

  • Knowledge of Fair Housing laws and industry regulations.

  • Ability to multi-task and prioritize in a fast-paced environment.

EDUCATION & EXPERIENCE:

  • 3+ years of experience in Property or General Management (multi-site experience preferred).

  • Previous experience managing staff and overseeing multiple properties.

  • High school diploma required; additional certifications in property management a plus.

WORK ENVIRONMENT & TRAVEL:

  • Work performed in both office settings and residential properties.

  • Regular travel required within the assigned region.

PHYSICAL REQUIREMENTS:

  • Ability to sit, stand, walk, kneel, and reach as necessary to conduct inspections and property visits.