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RWJBarnabas Health

Vice President, Asset & Property Management

RWJBarnabas Health, Oceanport, New Jersey, us, 07757


Req #:

0000167287Category:

Professional / ManagementStatus:

Full-TimeShift:

DayFacility:

RWJBarnabas Health Corporate ServicesDepartment:

Plant Operations

Location:

System Business Office, 2 Crescent Place, Oceanport, NJ 07757

Vice President, Asset & Property Management

Job Overview:

The Vice President, Asset and Property Management will be an asset and property management expert with a passion for customer service to both internal and external stakeholders. The role is responsible for managing the real estate acquisition process and overseeing a comprehensive plan to manage the assets after acquisition. Developing and implementing strategies to ensure the long-term financial health of the portfolio; and supervising the day-to-day operations of the asset and property management department.

This individual will play a crucial role in maximizing the value of estate assets, ensuring operational efficiency, and maintaining high standards of tenant satisfaction. The VP of Asset and Property Management will supervise the off-site property management technicians as well as our outsourced third-party property management companies. The VP will partner closely with the Real Estate, Finance, and Accounting teams.

Reports to:

The VP of Asset and Property Management will report to the Senior Vice President, Real Estate Development

Qualifications:

Bachelor's degree in Business, Real Estate, or a related field

Proven experience in asset and property management with a track record of successful strategy development and implementation

Excellent written and oral communication and negotiation skills

Computer literacy and competence with property management software and databases

Superior organizational skills

In-depth knowledge of relevant regulations and compliance standards

Essential Functions:

Acquisitions

Oversee the entire acquisition process through due diligence and closing to ensure a smooth transition in the asset management phase of the project life cycle

Strategic Asset Planning

Develop and implement comprehensive asset and property management strategies aligned with overall organizational goals and objectives

Conduct regular assessments of the current portfolio and identify opportunities for growth or divestment

Financial Analysis & Management

Analyze financial data related to assets, including performance metrics, cash flow, and return on investment

Oversee budgeting, financial analysis, and reporting for the department, ensuring cost-effectiveness and profitability

Manage audit requests from all funding sources and syndicators in partnership with the finance department

Risk Management

Identify and assess potential risks associated with the asset portfolio and property management activities

Develop risk mitigation strategies to protect the organization's investments and financial interests

Team Leadership

Lead and mentor a team of asset and property management professionals (staff and outsourced property management companies)

Stakeholder Communication

Communicate with internal and external stakeholders, providing regular updates on performance and strategies

Maintain a strong working relationship with tenants and ensure property-related matters are addressed in a timely manner

Work with program staff and other internal/external stakeholders to balance effective property management and quality client services

Compliance and Regulations

Ensure compliance with local, state and federal regulations and industry standards

Tenant Relations

Establish and maintain positive relationships with tenants, addressing concerns and ensuring high levels of tenant satisfaction

Vendor Management

Oversee relationships with third-party vendors and service providers to ensure quality and cost-effective services

Technology Integration

Stay abreast of industry trends and integrate relevant technologies to enhance asset and property management processes

Other Duties:

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

Additional Information:

Benefits and Perks:

At RWJBarnabas Health, our market-competitive Total Rewards package provides comprehensive benefits and resources to support our employees' physical, emotional, social, and financial health.

Paid Time Off (PTO)

Medical and Prescription Drug Insurance

Dental and Vision Insurance

Retirement Plans

Short & Long Term Disability

Life & Accidental Death Insurance

Tuition Reimbursement

Health Care/Dependent Care Flexible Spending Accounts

Wellness Programs

Voluntary Benefits (e.g., Pet Insurance)

Discounts Through our Partners such as NJ Devils, NJ PAC, Verizon, and more!

Choosing RWJBarnabas Health!

RWJBarnabas Health is the premier health care destination providing patient-centered, high-quality academic medicine in a compassionate and equitable manner, while delivering a best-in-class work experience to every member of the team. We honor and appreciate the privilege of creating and sustaining healthier communities, one person and one community at a time.

RWJBarnabas Health is an Equal Opportunity Employer

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