Vice President of Land

Description

Position at Century Communities

What You’ll Do:
The Vice President of Land manages the pipeline of land acquisition, provides land asset management and reporting, and ensures compliance with all established land acquisition policies.

Your Key Responsibilities Include:

• Travel estimated to be 25% to conduct property visits or required attendance at Divisional offices.
  
• Ensures a robust land pipeline through management of Corporate Land Department resources dedicated to the following key aspects: deal sourcing, structuring, evaluating, and transacting on land investment opportunities.
  
• Acts as a liaison between Corporate headquarters and the Region/Division management related to pipeline evaluation; land opportunity communication/presentation; and adherence to policy/procedure adherence.
  
• Sets expectations from Corporate with the Region/Division management for capital allocations, financial hurdles, and land pipeline management.
  
• Coordinates the Asset Management Committee package review and hearings weekly.
  
• Leads weekly strategy calls with Region/Division management relative to land pipeline and growth prospects.
  
• Resolves issues that arise during the purchase agreement negotiation; feasibility; and closing with partners from Division offices, Legal Department, and outside parties.
  
• Analyzes markets and sub-markets and the respective Division's current land positions to identify gaps and strategic areas for concentrating future land acquisitions.
  
• Maintains knowledge of market activities, trends, and opportunities and generates prospective land deals through networking with industry and local contacts, developers, brokers, other builders, land sellers, title companies, and others.
  
• Sources multi-market or larger-scale opportunities throughout the Company platform.
  
• Negotiates strategic programs with third parties, such as land/lot banking, joint ventures, and other arrangements allowing for more efficient capital deployment.
  
• Continuous evaluation of local land department staffing levels and effectiveness.
  
• Presents companywide land acquisition reporting weekly, monthly, and quarterly basis.
  
• Prepares ad-hoc financial reports by collecting, sourcing, analyzing, and communicating information.
  
• Leads asset management activities on certain portfolio-owned assets to generate more robust returns.
  
• Briefs executive management on land acquisition opportunities and outlook within respective regions.
  
• Communicates and ensures compliance with all established land acquisition policies and procedures.
  
• Works with other Corporate partners to create areas of process improvement.
  
• Provides instrumental support and recommendations in analyzing and reviewing all expansion transactions relating to organic growth and homebuilder acquisitions.
  
• Negotiates national contracts for market research and land resources.
  
• Perform other duties as needed or assigned.

What You Have:

• Self-motived with impressive attention to detail and organizational abilities.
  
• Demonstrated ability to design and negotiate deal structures that facilitate projects' conformance with applicable underwriting hurdles.
  
• Ability to manage multiple priorities in a fast-paced environment in various time zones.
  
• Complete understanding of land acquisition, land contracts and structure, land planning, entitlements, and land development projects.
  
• Expert ability to perform real estate market research and complex financial analysis, including developing and critically reviewing project financial pro forma and evaluating market opportunities.
  
• Exceptional written and verbal communication skills, including researching and presenting strategic business scenarios and concepts.
  
• Strong interpersonal and organizational skills, including interacting successfully with Divisional Offices, Legal Counsel, Corporate Management, and Land Sellers across the Company.
  
• Expertise in residential Real Estate economics, Construction and Development Budgeting, Accounting practices, and general macro trends.

Your Education and Experience:

• Experience with contract negotiation and terms agreement.
  
• Prior experience evaluating opportunities and managing teams across multiple markets.
  
• Market research experience preferred.
  
• Prior experience with public homebuilding companies preferred.
  
• A Bachelor's in Land Use Planning, Economics, Civil Engineering, Business Administration, Real Estate, Public Administration, Land Development, and/or equivalent combination of education and experience.
  
• MBA and/or JD preferred.
  
• Minimum of 15 years of experience in all land acquisition and analysis facets.
  
• Expertise with MS Office suite, with a specific focus on Excel.

About Century Communities
Our mission of A Home For Every Dream® is only possible with the best talent in the industry. If that’s you—if you’re a self-starter, changemaker, and thoughtful collaborator ready to take your career to the next level—then apply today!

As one of the nation's largest homebuilders and an industry leader in online home sales, we strive to create thriving, enduring neighborhoods with lasting livability, with a focus on building sustainable, affordably priced homes for our customers while reducing our carbon footprint. For team members, our goal is to provide the resources, opportunities, and benefits to build successful and rewarding careers.