Regional Director- Portfolio Ops, US West

Company: Kasa Living
Location: San Francisco
Posted on: May 17, 2022

Job Description:

Job DescriptionThis role is fully remote, we set a location because some job boards require it. The RoleKasa is seeking an accomplished and dynamic senior leader who will be the P&L owner for the Western half of Kasa's rapidly growing US portfolio of multifamily short-term rental apartments, boutique hotels, and apartment-hotel properties. As a key member of Kasa's leadership team, you will be responsible for working with premiere real estate partners to offer Kasa guests a hospitality experience with the quality of an established hospitality brand, the comfort of a fully furnished short term rental apartment, and the efficiency and ease of one of the world's most tech-enabled stays. As Regional Director, you will be the ultimate point of accountability for delivering great guest stays, financial results, and operational outcomes across a large and growing set of properties. This role requires substantial leadership and management experience, a pragmatic but data-driven approach to problems, and a creative and entrepreneurial spirit. About the TeamThis role sits within Kasa's Operations leadership team and reports directly to the Vice President of Operations. You will lead a team of Portfolio General Managers and work in close partnership with the Eastern Regional Director, as well as leaders overseeing Kasa's Launch Operations and Hospitality Operations (including our centralized Guest Experience team). You will sit on Kasa's overall leadership team as well and contribute to work across many other functions within the business. As Kasa's portfolio continues to grow, you will ensure that your portfolio teams remain appropriately staffed and that the bar for talent is high, whether at the General Manager level or at the local field team and housekeeping partner level. Day in the life of a Portfolio Ops Regional DirectorYour region spans dozens of individual metro areas and includes markets where Kasa has hundreds of operating units and others where Kasa has less than ten. Your role is to manage the complexities of Kasa's highly distributed operation and to ensure that no matter what the on the ground situation, Kasa is able to achieve its four main operating goals:

• Ensure that every Kasa guest has a five-star stay. Establishing and driving dependable standards of quality, whether for cleanliness, Kasa's technology, or communication and guest support. You will work with your own portfolio teams as well as Kasa's centralized teams to sustain high quality where it exists, and drive towards improved quality where there is still work to do.
• Achieve financial outcomes for the portfolios in the region. You will need to be an expert in Kasa's unique P&L and financial structures and work with your GMs to be vigilant and creative to drive revenue and cost performance at each property. You will help communicate and explain unusually positive or negative financial performance and help to inform better property underwriting and budgeting assumptions as you look at trends across your regions.
• Build mutually beneficial relationships with local/regional partners and enterprise property owners and neighbors. You'll hold the bar high for local teams to bring a sense of hospitality not just to guest stays but to relationships with our property partners, avoiding short-term thinking and seeking mutually beneficial outcomes. You will be Kasa's senior operations contact for a set of our institutional real estate property owners and will participate in business development efforts to expand our footprint with them.
• Maintain every unit to a level that Kasa can be proud of. You want every Kasa unit in your region to be one you'd be proud for a family member or friend to stay in, whether for a day or a month. To achieve this, you will lead the team in building the tools, trainings, SOPs, recognition programs, performance management practices, and cross-functional inputs to ensure that we adhere to consistent standards even in a very diverse set of properties.To accomplish these four goals, you will have wide latitude and decision-making responsibility. You will be expected to hire and coach high-performing General Managers and inspire them to hold the bar high when bringing on their own talent. You will establish trusting internal relationships, whether with revenue management, finance, tech & product, or people ops teams, to establish alignment and commitment towards common goals. And you will participate in numerous leadership processes within Kasa, including establishing bi-annual objectives and key results (OKRs), defining Kasa's hiring and management principles, and helping to strengthen Kasa's culture and values.Like most Kasa roles, this is a remote position, so you are free to work from anywhere. By virtue of your portfolio, you will be expected to be available during Mountain and Pacific time zone hours. You should expect to travel -30-40% of the time (although more is welcome!) both to meet with your team across the many markets you'll cover, as well as for in-person leadership summits and other strategic forums. For the most part, the timing of this travel is very discretionary, so you can plan your travel around your life!Requirements

• You have 10+ years of experience in successively more senior general management or functional leadership roles, ideally in operational startups, or in forward-thinking operations teams at larger companies or hospitality businesses.
• You have 6+ years of experience managing teams, and have managed geographically distributed teams and teams that include both hourly and salaried employees.
• You are an adept people manager, and have frequently been called "the best person I ever worked for" by former direct employees. You know how to balance high expectations with a supportive culture.
• You've been responsible for successfully achieving ambitious quantitative targets and know how to coach teams to rise to the challenge of audacious goals. You always "know your numbers" when asked.
• You are an influential individual and can point to instances where you've been able to pull together a group of misaligned colleagues to find agreement and commitment where it seemed impossible before
• You've worked in technology companies or been a consistent early adopter of new technologies, and are energized by the prospect of unlocking new ways to operate through building new tech.
• You know your way around a P&L and can quickly establish intuition for financials that lets you rapidly assess what might be going wrong (or right!).
• You're scrappy and willing to do what it takes to accomplish Kasa's goals in your region, and motivate others to do the same, all while maintaining a positive demeanor even in stressful moments.Plus if...
  • MBA or equivalent degree preferred
  • Experience in the real estate, real estate finance industry, or you have personal experience managing a vacation rental property
  • Experience at a operationally intensive technology startup experiencing fast growth
  • Experience in a customer service focused environment and an innate sense of hospitalityIn one year, you will succeed at Kasa by having:
    • Achieved superb performance balanced across guest quality, financial performance, property partner loyalty, and team engagement
    • Built and coached a dedicated and creative team of Portfolio GMs who raise the bar for what Kasa can deliver and always go the extra mile
    • Built strong relationships across operations and Kasa leadership, and you've become a person your peers seek to collaborate (or commiserate!) with across a variety of projects
    • Prepared your team for significant additional growth ahead, and built a set of operational processes that are "future-proofed" against 10x growth in the coming yearsBenefits
      • Remote Work: With flexibility as a core value, and over three-quarters of the team working remotely, Kasa employees are able to work from anywhere!
      • ✈ Kasa Travel Credit: We love to travel! Kasa employees get an allowance of free stays with us in any of our locations, plus a 50% discount on any night for friends and family
      • Generous Stock Option Plan: We believe the success of our business should be shared with our team. As you grow with us, we increase the opportunities for you to become part-owners of our company.
      • Flexible PTO: Full-time exempt Kasa employees are encouraged to take time off as they need and see fit, ensuring that it's not disruptive to their work.
      • 401(k) plan: As you invest in yourself and your future, Kasa invests in you too: we match 50% of the first 4% of deferred salary.
      • ️ Leadership coaching: A growth mindset is a core value for Kasa. One of the ways we deliver on it is by offering complimentary external leadership coaching to Kasa team members.
      • Competitive Salary: We offer base salaries at or above market rates plus additional earning opportunities based on the position
      • Health Coverage: We've invested in comprehensive health insurance options to help when you need it mostWho We AreKasa is building a global accommodations brand unlike any other. We took the best that hotels and short-term rentals had to offer and created a new class of hospitality that is well priced, trustworthy, and that offers a large selection of great locations. Our guests enjoy seamless check-ins, spacious apartments, and attractive amenities, helping them feel right at home. If anything comes up, our remote guest experience team is available 24/7, ensuring our hospitality is always felt, though rarely seen.Behind the scenes, we build technology that combines with our innovative operations to grow a globally scalable offering that delivers high-quality stays. Our products and systems unlock unparalleled flexibility to operate anywhere from a few Kasa to a few hundred Kasas in any type of building, in just about any location. We currently have Kasas in over 17 states and are expanding into new markets all the time.All of this is made possible by our team members, each of whom plays a critical role in fulfilling our vision and mission. We strive to foster a culture that values feedback, support, and collaboration throughout the organization. As a remote-first company, we work hard to bridge the gap of distance through initiatives that foster connection across Kasa. A few examples include lively All-Hands meetings, department get-togethers (online and in-person), and teamwide celebrations of important milestones. We offer benefits that encourage team members to stay at Kasa properties to experience our product firsthand and meet local team members when nearby. Guests are crucial to Kasa's mission. Accordingly, every new Kasa team member gets trained in our Guest Experience Akademy during their onboarding.Our team is fortunate to have diverse backgrounds, personalities, and experiences united by a commitment to excellence and passion for our industry. If Kasa's vision and culture speak to you, and you're up for the challenge of building a company on the cutting edge of real estate, we would love to have you on our team!
        
        Kasa Living is an E-Verify participant. We will verify the identity and employment eligibility of all persons hired to work in the United States by matching information employees provide on the form i-9 against records available to the Social Security Administration (SSA) and the Department of Homeland Security (DHS). You may find more information here and here.

Keywords: Kasa Living, San Francisco , Regional Director- Portfolio Ops, US West, Executive , San Francisco, California