Acord (association For Cooperative Operations Research And Development) Looking for Chief Executive Officer at Norwood, New York Full Time

Job Description:

HallKeen Management is a leading affordable housing organization driven by the mission of providing quality affordable housing to people of all backgrounds. HallKeen Management provides a platform for owning and managing affordable housing while strengthening bonds with the local communities in which the properties are located. HallKeen Management was established in 1991 by three founding partners. Today, it has over 300 employees, 90 + properties, 7,000+ units under management, and is headquartered in Norwood, Ma.

HallKeen Management is seeking a seasoned Chief Executive Officer who will be responsible for the overall strategic leadership and management of HallKeen Management. While also possessing the leadership skills to inspire staff and management skills to drive results, this individual will articulate and lead a fiscally responsible strategy for effectively integrating all functions of the organization. The HallKeen portfolio is a heterogenous group of affordable multifamily properties mainly developed with the federal Low-Income Housing Tax Credit (LIHTC) program and other federal, state and local subsidies. The new CEO should have a strong knowledge of the real estate development process, rehabilitation, affordable housing funding, and the syndication/re-syndication of affordable housing.

The CEO will report to President and the Chairman of the Board to ensure that business goals and strategies are being met. The CEO provides leadership in formulating and implementing HallKeen Management philosophy, mission, strategies, and goals. The underlying goal for the CEO is to increase opportunities for HallKeen Management residents to live full lives by providing high-quality, well-managed affordable housing and a range of supportive services.

While building on the successes of the past, the organization has created an environment that welcomes a new vision and leadership. HallKeen Management has a solid pipeline of real estate development and re-development projects, a strong balance sheet, and a well-defined asset management function.

Major Duties and Responsibilities including but not limited to:

• The CEO leads the Executive Team, which includes the Chief Operating Officer-Residential, Chief Financial Officer, Chief Operating Officer-Acquisition and Development, and Senior Vice President of Human Resources.

• Provide the required linkage between the President, investors, owners, Chairman of the Board and the Executive Management Team, and provide them with adequate information to carry out their responsibilities.
• Provide advice, guidance, direction, authorization and leadership to the Executive Management Team to carry out major plans and procedures, consistent with established policies.
• Lead and assist the Executive Team in setting strategic goals, objectives, budgets, policies, and procedures to enhance its market share, profitability and return on investment. Must have ability to jump in and do work when required.

• Demonstrated strong commitment to valuing diversity and contributing to an inclusive working and learning environment; proven ability to engage in productive and respectful conversations with individuals and groups on diversity, equity, inclusion & belonging.
• CEO should identify and pursue opportunities to expand its impact and reach and maintain the reputation for leadership as the local subject matter expert.

• Conduct a strategic review of performance on a regular basis to determine whether the company is meeting its short-and long-term objectives (increase in profits, increase in market share, return on investment, etc.).
• Develop, in coordination with the Executive Management Team, an integrated business plan that optimizes market share and profitability of existing or new activities.

• Assist in setting departments’ high-level goals, objectives and plans and work with them on attaining such goals by closely monitoring their operations.

• Review the operating results of the company & compare them to established objectives and goals, and follow-up to ensure appropriate measures are taken to correct unsatisfactory results.

• Establish and maintain an effective system of communications throughout the company to ensure that the responsibilities, authorities, and accountabilities of all executives are clearly defined and understood.

• Ensure development of an effective organizational structure and the promotion of a positive internal climate in which management development for succession is nurtured.

• Delegate some responsibilities to appropriate executives in order to ensure smooth running of the company.

• Conduct annual performance appraisal for all executives and recommend salary adjustments, rewards and promotions.

• Monitor the adherence of employees to guidelines, policies and procedures.

• Recruit, develop, manage and motivate executives and employees reporting to the CEO.

This individual will articulate and lead a fiscally responsible strategy for effectively integrating all functions of the organization while also possessing the leadership skills to inspire staff and management skills to drive results. The majority of affordable multifamily properties are developed with the federal Low-Income Housing Tax Credit (LIHTC) program and other federal, state and local subsidies.

Qualification:

Minimum 10-15 years real estate acquisition, redevelopment, asset management and property management. Demonstrated real estate leadership skills are required. Experience in affordable housing is preferred. Minimum ten years’ experience supervising senior staff or department heads. Preferred Master’s degree in management/finance. Demonstrated leadership skills using performance incentives and team-building strategies. This position requires strong written, oral and reading communication skills to accurately obtain, interpret and transcribe complex programs at all levels of the organization. Strong computer skills and experience with industry related software.

Salary commensurate with qualifications and experience. Benefits include health, dental, long term disability and life insurance. CEO will be located at central office, Norwood MA and remote home office. Travel around New England/East Coast including some overnights will be required. .

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