Assistant Vice President at Donohoe Companies Inc., The

Bethesda, Maryland, United States -

Full Time

Start Date

Immediate

Expiry Date

06 Jun, 26

Salary

165000.0

Posted On

08 Mar, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Property Management, Financial Performance Management, Budgeting, Forecasting, Expense Control, Profitability Analysis, Market Analysis, Pricing Strategy, Performance Metrics Analysis, Recruiting, Team Development, Succession Planning, Performance Management, Client Reporting, Resident Satisfaction, Strategic Planning

Industry

Real Estate

Description

Overview Who We Are Borger Residential is a community and industry respected full-service property management company with over 90 years of experience in Washington, DC, Maryland, and Virginia. Originally founded in 1930, Borger Residential currently manages over 9,500 apartments throughout the DC Metro Area, and it continues to grow. Today, we stand proudly under the umbrella of The Donohoe Companies, shaping the future of property management, as Donohoe's sixth operating division. Why You’ll Love Working with Us For over a century, Donohoe has been a well-respected member of the community and we continue to engage in the communities where we live and work. In our hotels, offices, Residential/Commercial properties, and on Company jobsites, we pride ourselves on a collaborative, diverse and engaging culture which starts with our interview process and continues all the way through to your day-to-day. Benefits We are pleased to offer full-time employees a comprehensive benefits package, including: health, dental and vision insurance; short- and long-term disability; life insurance; optional life, long-term care, accidental and critical illness insurance; employee assistance program (EAP); bereavement, jury duty and other paid and unpaid leaves of absences; vacation and sick time; holidays; 401(k) with a company-match; commuter benefits and Flexible Spending Accounts. Come join us to experience all the reasons why we were voted one of The Washington Business Journal’s Best Places to Work! Salary: $150,000 - $165,000 per year Responsibilities Key Responsibilities include: Oversee assigned Regional Property Managers and property management team, ensuring execution of company standards and operational efficiency across portfolio. Manage financial performance, including budgeting, forecasting, expense control, and profitability. Regularly monitor market conditions to recommend pricing and promotions for portfolio. Establish, monitor, and analyze performance metrics to continuously improve property operations. Recruit, hire, develop, and retain property management team. Create and track succession planning goals. Effectively manage performance issues in a timely manner. Prepare, review, and present routine reporting to clients, senior leadership and partners. Drive resident satisfaction and retention through service excellence and strategic enhancement of the living experience. Build and sustain a positive, high-performance culture by modeling Borger Residential core values, including integrity, encouraging collaboration, and reinforcing a commitment to service excellence. Lead or support company initiatives and strategic programs as assigned. Assist with acquisitions and dispositions, including preparation of pro forma budgets and coordination of due diligence activities. Ensure compliance with local, state, and federal regulations. Qualifications To be successful in this position, you should have the following qualifications: Minimum of 10 to 12 years of progressive management experience in residential property management, with at least 5 years in a leadership role. DC Salesperson or DC Property Managers License and/or CPM, CAPs certification required. Extensive knowledge of DMV markets, including DC and MD Rent Control. Excellent verbal, written, presentation, and analytical skills. Expert ability to communicate ideas, recommendations and solutions clearly and concisely. Strategic thinker with strong financial acumen, attention to details, and operational/organizational/problem-solving skills. Demonstrated success supervising, mentoring, inspiring, and motivating a team of professionals. Computer proficiency in Microsoft Office, including expert knowledge of Excel, is required. Working knowledge of real estate software programs such as RCC, MRI, Yardi, AVID, and DCHA portal is desirable.

Responsibilities

This role involves overseeing Regional Property Managers and the property management team to ensure adherence to company standards and operational efficiency across the portfolio, while also managing financial performance including budgeting, forecasting, and expense control. Key duties include driving resident satisfaction, leading team development, preparing routine reports for stakeholders, and assisting with acquisitions and dispositions.