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Vice President of Operations

Company: Confidential
Location: Scottsdale
Posted on: December 5, 2019

Job Description:

Vice President of Operations PURPOSE OF THE POSITION:
Company is searching for a Corporate Vice President of Operations to join its team. This position is responsible for providing oversight and direction for the operations of a medical office portfolio of assets across multiple states. This candidate will work closely with the corporate executive leadership team to plan and execute corporate strategy for multiple regions and drive portfolio performance while providing leadership to the in-house property management and engineering team.
ESSENTIAL FUNCTIONS:

  • Work with executive leadership team to ensure corporate initiatives and directives are carried out at every level within multiple regions.
  • Coordinate with in-house property management teams in overseeing tenant relations, building operations, and engineering team
  • Directly oversee and guide the budgeting process for multiple regions, providing oversight in areas for savings and driving performance. Track performance monthly and report to executive team on variances and strategy.
  • Oversee national contracts and vendor management
  • Complete and communicate monthly regional performance and metrics to the executive leadership team. Monthly updates include providing updates on accounts receivable collection efforts and reserve recommendations along with financial variances to budget, forecast and (if a new acquisition) underwriting.
  • Throughout the year you will be required to direct a number of ad-hoc reviews for the region including CAM review/reconciliation and quarterly reforecasting.
  • Provide strategic and tactical support to the asset management team to develop and implement short & long term objectives to maximize cash flow and value
  • Responsible for operational oversight of properties. Negotiate contracts (subject to standard form and executive approval) including property management and construction.
  • Maintain accurate and timely property financials with the ability to input results into various real estate software platforms.
  • Manage operations team via coaching and goal setting to ensure the team is optimized across the company
  • Develop and recommend strategic business plans for individual assets to determine current market valuation, value or cash flow enhancement opportunities for underperforming assets.
  • Responsible for execution of approved business plans to include oversight of day-to-day operations of each asset with respect to directing property management
    MINIMUM REQUIREMENTS:
    Following are the minimum requirements of this position:
    • BS/BA degree required;
    • Commercial real estate with 5-10 years' experience
    • Healthcare real estate experience a plus
    • Strong technical skills in budget preparation and reporting, finance, operations, portfolio management, asset management, budgeting, cash flow projections and strategic planning
    • Strong communication skills
    • Strong negotiation skills and ability to create comprehensive proposals and recommendations
    • Comprehensive spreadsheet (Excel) skills
    • Comprehensive skills in real estate accounting platforms such as MRI
    • Excellent written and interpersonal skills
    • Ability to travel up to 40% of time

Keywords: Confidential, Phoenix , Vice President of Operations, Executive , Scottsdale, Arizona

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