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
- Applies solid risk management skills to make more complex risk decisions
- 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
- Travel is required up to 50%
In return for your excellent skills and abilities, we offer a comprehensive benefits package including: medical, dental, and vision plans, a generous 401(k) employer match, and paid vacations, holidays, and sick time.
We invite you to visit our web site at for additional information regarding our exceptional resort communities.
As an Equal Opportunity Employer, we welcome and thank all applicants.
Estimated compensation for this position:
Annual Salary: $150,000 - $200,000 + Bonus