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Executive Director - job 1 of 3

Company Description

At Spectrum Retirement Communities, we believe in living without limits, in aging fearlessly, and in sharing great stories. The Spectrum Story is full of compassion, hard work, and fun. If the chapters of your life story include caring for others and a dedicated work ethic, then we need you!

Job Description

Salary: $87,600-$113,900/year.

The Executive Director is responsible for managing the day-to-day operations of the Community, achieving and maintaining maximum occupancy of the Community, achieving high resident/employee satisfaction, generating respect in the neighborhood for the Community, ensuring smooth operation of the Community and reaching the projected budget objectives for the company.

In this position, your main responsibilities will include:

  • Ensure positive resident, family, and employee relations by responding promptly and appropriately to their needs, requests, concerns, and suggestions.
  • Perform marketing and sales activities including public relations efforts, prospective resident follow-up, and direct sales monitoring to ensure positive occupancy percentages.
  • Recruit, hire, train, motivate, and educate staff in all departments.
  • Operate the Community in a manner that will ensure company profitability by exceeding all community budget and census guidelines as set by the company.
  • Perform administrative duties including month-end reports. Timely and accurate completion of all daily, weekly, and monthly billings, and accounting and bookkeeping requirements (i.e., residents, A/R, A/P, payroll, collections, etc.)
  • Comply with all state and federal laws and regulations and all company rules regarding the operation of the Community.
  • Have a basic understanding and knowledge of Fair Housing Rules/Laws.

Qualifications

To be successful in this position, we believe that you need the following experiences, strengths, and skills:

  • Minimum of high school diploma. Bachelor’s degree preferred.
  • Assisted Living Administrator Certification/License a plus.
  • Must have at least seven years of experience in senior living or multifamily residential with three years’ experience in leadership role.
  • Must comply with all State and Federal mandated training and/or certification programs for the position of Executive Director.
  • Current state specific driver’s license and appropriate driving record.

Additional Information

If you join Spectrum as a full-time team member, your story will include eligibility for medical insurance, dental insurance, vision insurance, life insurance, and other voluntary insurance options. All part-time and full-time team members are eligible to participate in our 401(k), for paid time off, holiday pay, and discounts through Perk Spot.

Spectrum Retirement Communities strongly encourage all team members to be fully vaccinated against COVID-19, however, the vaccine is not a requirement to work with us.

Spectrum Retirement, LLC and all affiliates are Equal Opportunity Employers. We do not discriminate against employees or applicants on the basis of race, color, national origin, gender, sex, sexual orientation, pregnancy, gender identity or expression, disability, religion, age, genetic information, veteran status, or any other characteristic protected by federal, state or local law.

Spectrum Retirement, LLC also participates in the E-verify program through the Department of Homeland Security and the Social Security Administration.

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Average salary estimate

$100750 / YEARLY (est.)
min
max
$87600K
$113900K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Executive Director , Spectrum Retirement Communities, LLC

At Spectrum Retirement Communities, we're looking for an enthusiastic and experienced Executive Director to join our team in Denver, CO! In this vital leadership role, you will oversee the daily operations of our community and play a crucial part in fostering positive relationships among residents, families, and staff. Imagine making a significant impact on the lives of our residents while enjoying a competitive salary between $87,600 and $113,900 per year. Your responsibilities will include ensuring high occupancy rates through innovative marketing and exceptional service, hiring and mentoring a dedicated team, and handling administrative tasks like financial reporting. We seek someone passionate about senior living, bringing at least seven years of relevant experience, including three years in a leadership role. This position offers an excellent opportunity to create a vibrant community culture that truly reflects our values of compassion and hard work. If you're ready to embrace a fulfilling career where you can help others age fearlessly and live fully, then Spectrum Retirement Communities wants to hear from you!

Frequently Asked Questions (FAQs) for Executive Director Role at Spectrum Retirement Communities, LLC
What are the responsibilities of an Executive Director at Spectrum Retirement Communities?

As the Executive Director at Spectrum Retirement Communities, your primary responsibilities include managing the daily operations of the community, ensuring high resident and employee satisfaction, achieving maximum occupancy, and overseeing marketing and sales initiatives. You'll also be responsible for recruiting and training staff, ensuring compliance with regulations, and completing administrative tasks such as financial reporting to maintain budget objectives.

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What qualifications do I need to become an Executive Director at Spectrum Retirement Communities?

To qualify for the Executive Director position at Spectrum Retirement Communities, candidates should have a minimum of a high school diploma, although a bachelor’s degree is preferred. Additionally, candidates must possess at least seven years of experience in senior living or multifamily residential settings, with a minimum of three years in a leadership role. An Assisted Living Administrator Certification or License is considered a plus.

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What kind of work environment can I expect as the Executive Director at Spectrum Retirement Communities?

Working as an Executive Director at Spectrum Retirement Communities means immersing yourself in a vibrant and compassionate environment. You will lead a dedicated team and interact closely with residents and their families, fostering an atmosphere of care and support. The company values creativity and collaboration, making it an exciting place to implement innovative ideas while making a difference in the lives of others.

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How does Spectrum Retirement Communities support their Executive Directors?

Spectrum Retirement Communities provides robust support for their Executive Directors, including eligibility for medical, dental, and vision insurance, life insurance options, and a 401(k) plan. Additionally, employees enjoy paid time off, holiday pay, and discounts through Perk Spot. The company also emphasizes the importance of training and education to ensure that their team is well-prepared to succeed in their roles.

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What is the expected salary range for the Executive Director position at Spectrum Retirement Communities?

The salary range for the Executive Director position at Spectrum Retirement Communities is competitive, falling between $87,600 and $113,900 per year. Commensurate with experience, this compensation reflects the essential role you will play in leading the community and ensuring a high quality of life for residents.

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Common Interview Questions for Executive Director
Can you describe your leadership style as an Executive Director?

When answering this question, emphasize your adaptive leadership approach, highlighting how you motivate and empower your team while fostering a collaborative environment. Providing examples of how you've effectively led teams in the past will add credibility to your response.

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How do you handle resident complaints or concerns?

In your response, outline your approach to addressing resident issues promptly and effectively. Highlight your communication skills and willingness to listen, and provide an example of a situation where you successfully resolved a resident's concern.

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What strategies would you implement to improve occupancy rates?

Discuss creative marketing strategies you would employ to boost occupancy, including community outreach, partnerships, and events. Mention the importance of measuring and analyzing data to refine these strategies further, showcasing your analytical approach.

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How do you ensure compliance with state and federal regulations?

Explain your proactive approach to compliance by discussing your familiarity with relevant laws and regulations, and outline the steps you take to train and keep your team informed about changes in the legal landscape.

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Describe a successful team building initiative you've led.

Draw on a specific example from your past experience that demonstrates your ability to build a cohesive, motivated team. Discuss the planning, execution, and outcomes of the initiative, highlighting the positive impact on staff morale and resident satisfaction.

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What techniques do you use for effective budgeting and financial management?

Talk about your experience in financial reporting, oversight of operational budgets, and your approach to maintaining profitability. Highlight specific tools or software you utilize and how you ensure accuracy in fiscal management.

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How do you maintain high employee satisfaction?

Share your strategies for employee engagement, including regular feedback, recognition programs, and professional development opportunities. You can also mention the importance of fostering open communication and a supportive culture.

Join Rise to see the full answer
What role does community engagement play in your approach to managing a retirement community?

Emphasize the value of community involvement, discussing how you plan to engage residents, families, and local organizations in creating a vibrant, interactive environment. Provide examples of past initiatives that promoted community outreach.

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How do you prioritize tasks and manage your time effectively in a busy environment?

Address this by demonstrating your organizational skills. Discuss your method for prioritizing tasks, managing schedules, and delegating responsibilities effectively to ensure that all aspects of community management are addressed.

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What do you envision for the future of the community you would lead?

In your response, share your vision for creating a thriving, supportive environment at Spectrum Retirement Communities. Highlight how you would incorporate resident feedback and adapt to changing needs to create a blueprint for future success.

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Founded in 2003, Spectrum Retirement Communities, LLC is a management company of senior living communities. Spectrum offers Independent, Assisted, and Memory Care living communities. Spectrum Retirement Communities, LLC is headquartered out of Den...

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Full-time, on-site
DATE POSTED
January 15, 2025

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