Director Residential Property Management
Job Summary
This position supports the Vice President of Residential Property Management in the APAC region by overseeing property management budgets, governing documents, and management agreements for new residential developments. The role focuses on financial analysis, cost allocation, and the creation of tools for smooth project handovers to opening teams. It involves high-level stakeholder interaction and ensures compliance with property management requirements during the design and pre-opening phases.
Responsibilities
- Manage residential property budgets and carrying costs
- Review governing documents and legal agreements
- Oversee pre-opening transitions and operational handovers
- Provide financial analysis and benchmarking for projects
- Mentor and develop residential team members
Required Skills
- Financial analysis and project accounting
- Residential property management expertise
- Knowledge of mixed-use real estate operations
- Contract review and legal compliance
- Strong communication and stakeholder management
Job Details
### Responsibilities
**Development of Carrying Cost for new residential projects (40%):**
- Coordinate the review and input into residential and mixed use operating assessment budgets for new residential developments to ensure accuracy.
- Provide internal financial analysis on project costs, allocation methods, and market benchmarking.
- Analyze residential and mixed use demarcation maps and master property management structures.
- Review proforma assessment cost estimates for reasonableness, risks, and sensitivities.
- Ensure cost allocation assumptions are fair, equitable, and compliant with management agreements.
- Monitor market-specific factors including taxes, insurance, labor rates, and union issues.
**Governing Documents / Project Documents / Property Management Requirements (30%):**
- Review governing documents and management agreements for financial and operational clarity.
- Establish timelines for HOA entity setup and define developer/management roles.
- Collaborate with legal teams to ensure the property management setup is executable.
- Manage licensing requirements and processes for property management in the region.
**Support Pre-opening / Open and Operating Developments (30%):**
- Provide implementation and handover packages to pre-opening teams.
- Assist in rolling out global property management initiatives within the APAC region.
- Review capital plans and conduct property operational evaluations for compliance with local law and Four Seasons standards.
- Develop collateral and tools to communicate best practices in residential and mixed-use execution.
- Provide consultation to operating projects and mentor direct reports.
### Qualifications
- University Degree in Accounting, Finance, Real Estate, Property Management, or Business (MBA preferred).
- Professional accounting/finance designation preferred.
- 8-10+ years of experience in industry finance, accounting, project analysis, or hospitality/mixed-use sectors.
- Ability to travel 15-20%.