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Equity LifeStyle Properties, Inc. · Chicago, Illinois
Equity Lifestyle Properties is hiring for the position of
Director of Construction - Asset Management
in Chicago, Illinois.
What You'll Be Doing
The Director of Construction - Asset Management will lead a team of construction project managers and help to set and execute capital strategy and objectives for a defined business area. This role combines people leadership and capital investment decision making with direct oversight of project execution. Additionally, this role is responsible for managing multiple projects, managing associated professional services firms and communication with Senior Management.
Your Job Will Include
Lead, mentor and develop a team of construction project managers, including hiring, goal setting, performance reviews and ongoing coaching
Assign projects and allocate team resources across the region based on priority, complexity and workload
Set standards for project delivery and hold the team accountable for schedule, budget, quality and safety results
Assess and prioritize capital expenditure issues and opportunities across the region
Evaluate and make recommendations for value-add opportunities at individual properties to increase NOI
Lead the financial analysis of capital investment recommendations (NPV, IRR, ROI) and make go/no-go recommendations on proposed projects
Senior level presentations on capital investment recommendations
Prepare and oversee the execution of the annual capital budgets and business plans for assets within region
Apply industry/market/product knowledge to drive revenue production and business growth
Full ownership of development, restoration and upgrade projects - ranging from $500k to $5+ million - from concept to completion
Confirm all construction best practices are adhered to regarding design, bidding, cost control, project scheduling and turn-over of the project
Establish and manage project budgets, contingencies and scope; review and approve change orders and control scope creep
Source vendors and bid project work; collaborate with vendors to deliver on schedule, on budget projects
Review construction bids for thoroughness of project cost detail, proposed GC project teams, qualifications and assumptions, durations/sequencing within contractor schedules, scope gaps, allowances carried, value engineering opportunities, and provide recommendations to Senior Management based on bid review
Initiate contracts and negotiate terms with consultants, contractors and legal
Review/approve invoices to ensure compliance with commitments
Work closely with internal and external partners, including accounting, legal, contractors, and vendors, to balance competing needs and priorities and ensure that all projects are delivered on time and budget
Lead the entitlement and/or permitting process with all required governmental entities
Ensure all environmental and NESHAP protocol is followed, where appropriate
Effectively communicate with Operations and senior management on project status and risk exposure
Provide weekly updates to both the operating and asset management teams
Skills & Experience You Need
Bachelor's degree a must, Master's degree is highly desirable
Ten+ years of increasingly responsible construction and/or asset management experience in a position with significant financial and operational responsibility
Five+ years of experience directly managing and developing a team of project managers or other professionals
Strong Project/Construction Management experience and the ability to simultaneously drive multiple projects
Proven track record of making and defending capital investment decisions; strong Excel skills and familiarity with investment metrics including NPV, ROI, & IRR
Strong communicator with business case writing and highly effective presentation skills
High energy, proven ability to handle high volume of diverse projects, flexible to deal with daily changing priorities and ambiguity
Ability to define problems, collect data, establish facts, draw valid conclusions and make suggestions for change based on those conclusions
Possess excellent organization and project management skills, leadership skills and the ability to manage and complete multiple tasks simultaneously
Experience in the following is beneficial: Operations, services, and activities of a comprehensive utilities program including water, wastewater, and recycled water systems; Concepts, theories, principles, and practices of utilities administration operations; Industry best practices; Pertinent federal, state, and local laws, codes, and regulations including laws and regulations related to water, wastewater, and reclamation systems
Details
| Company | Equity LifeStyle Properties, Inc. |
| Location | Chicago, Illinois |
| Type | FULL TIME |
| Niche | Full-time |
| Salary | $1,50,000 – $1,50,000 / yr |