Director of Operations - Commercial Portfolio
Full-time DirectorJob Overview
Key Responsibilities
Operational Leadership
- Provide direct oversight of Property Managers, Engineering teams, and third-party vendors for Cirrus’ Commercial Assets.
- Ensure properties are maintained to highest level of standards with strong preventative maintenance execution.
- Oversee capital projects, tenant improvements, and landlord work with disciplined budgeting and execution.
- Standardize operational processes and implement performance benchmarks across the portfolio.
Financial Oversight
- Manage operating budgets, CAM reconciliations, and variance reporting.
- Drive NOI growth through expense control and operational efficiencies.
- Partner with COO, Commercial Division on business plans and annual budget preparation.
- Review and approve major vendor contracts and service agreements.
Leasing & Tenant Strategy
- Collaborate with COO, Commercial Division and General Managers to support occupancy and retention goals.
- Review lease terms, landlord work scopes, and operational implications of deal structures.
- Support tenant escalations and ensure high-quality communication and responsiveness.
Vendor & Risk Management
- Oversee contract compliance and service performance.
- Ensure properties meet safety, compliance, and risk management standards.
- Coordinate with insurance providers, legal counsel, and external consultants when required.
Reporting & Executive Communication
- Provide weekly and monthly operational reporting to executive leadership.
- Track KPIs including occupancy, NOI, capital execution, AR aging, and tenant satisfaction.
- Present portfolio performance and operational strategy recommendations.
Key Traits for a Successful Candidate
- Strong leadership presence with ability to manage teams across multiple assets.
- High level of financial acumen with deep understanding of commercial real estate operations.
- Operationally disciplined and process-driven.
- Decisive and solutions-oriented under pressure.
- Excellent written and verbal communication skills.
- Ability to balance strategic oversight with hands-on execution.
- Strong sense of accountability and urgency.
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