Chief Operating Officer

Chief Operating Officer Job Description:
Objectives of this role

• Collaborate with CEO in setting and driving organizational vision, operations strategy, and hiring levels
• Translate strategy into actionable steps for growth, implementing organization-wide goal setting, performance management, and annual operations planning
• Oversee company operations and employee productivity, building a highly inclusive culture that ensures team members can thrive and that organizational goals are met
• Ensure effective recruiting, onboarding, professional development, performance management, and retention
• Ensure compliance with national and local business regulations, and take appropriate action when necessary

Responsibilities:

• Analyze internal operations and identify areas for process enhancement
• Implement business strategies and plans that align with the short
• and long-term objectives developed in tandem with CEO
• Oversee operations, HR, and accounting, and partner with CEO in sales management so that sufficient investment capital can be budgeted for near-term growth targets
• Manage capital investments and expenses aggressively to ensure that the company achieves investor targets for growth and profitability
• Monitor performance with tracking software and take corrective measures when necessary, and prepare detailed updates and forecasts
• Build and maintain trusting relationships with key customers, clients, partners, and stakeholders

Required skills and qualifications

• Five or more years of experience in executive leadership roles
• Excellent leadership skills, with steadfast resolve and personal integrity
• Understanding of advanced business planning and regulatory issues
• Solid grasp of data analysis and performance metrics
• Ability to diagnose problems quickly and foresee potential issues
• Fundraising experience
• International business experience

Plans and directs all aspects of the Real Estate organization’s Strategy, Objectives, initiatives, and policies.

Directs the development of the team with an emphasis on maximizing the value of the existing real estate portfolio and growing the portfolio through acquisitions, development, and value creation.

Ensure Company has proper operational controls, procedures, and highly trained and talented professionals in place to effectively grow the organization and to ensure its financial strength

SPECIFIC RESPONSIBILITIES

Will lead the organization to become a “Best in Class” company in all areas.

Ensure consistent achievement of assigned goals within the Real Estate Division

Including Long-term Attainable Housing strategy & Goals

Responsible for attainment of short and long term financial and operational goals of the Real Estate Division.

Responsible for reviewing Real Estate Division Strategic plans and prepares an Annual Consolidated Business Plan for approval by CEO.

Responsible for approving property level portfolio operating budgets

Oversee all joint venture relationships, ensuring that partners’ performance is aligned with

Agreements and investment expectations.

Reviews and approves annual budgets for each of the areas of his / her responsibility and prepares a consolidated operating budget for review by CEO.

Conducts budget reviews as appropriate for each area of responsibility

Meets frequently with CIO to understand economic risks and opportunities

Oversee all investment due diligence to ensure risks are identified and plans are in place to mitigate known risks

Oversee all aspects of ground-up development strategy, working closely with Director of Development to ensure that proper systems are in place to mitigate entitlement, construction, and market risks.

Reports to CEO on agreed upon schedule to review business environment, performance results, and course corrections.

Ambassador of Company Culture

REAL ESTATE

Ultimate responsibility for the Leadership, Growth and Success of REDOC HOMES.

All Asset Management: including all direct owned real estate as well as assets held in joint ventures.

Recommends all Acquisition and Development projects to be approved by CEO and Investment Committee.

Recommends all disposition opportunities to CEO for approval

HUMAN RESOURCES

Responsible for all areas relating to Human Resources

Culture, Policy & Administration

Compensation, benefits, and Regulatory compliance

General communication to the office staff

Recommending additional staff and termination of any staff member to CEO

FINANCE, ACCOUNTING, LEGAL & IT

Responsible for all areas as led by Senior Controller, Including:
Financial reporting, legal, & tax planning

Information Technology

Long-term financial planning

Short-term cash management

Financial and Operational Authority

Short term Bonus Payments (with approval of CEO)

Recommend changes to established Company Policies and Procedures

Corporate Insurance Programs

Company Events

Department Operating Budgets

Approval for Managing Bank Accounts (opening/cl