Foundation Board Member «Foundation Erstwohnraum Vaz/Obervaz»

About the job

Purpose of the Foundation
The citizen community Vaz/Obervaz and the political community Vaz/Obervaz aim with the «Foundation Erstwohnraum Vaz/Obervaz» to create and maintain demand-oriented and economically affordable housing (rental apartments) for the local population of all age groups in the municipality of Vaz/Obervaz.

Role of the Foundation Board
The foundation board member, together with the foundation board members of the citizen community Vaz/Obervaz and the political community Vaz/Obervaz, bears the overall strategic responsibility for the foundation. They ensure that the foundation's purpose is sustainably fulfilled and that the foundation develops and implements its projects economically, legally, and socially responsibly.

Main Tasks
Founding Phase
- Participation in the establishment of the foundation
- Development of various regulations
- Definition of the strategic direction
- Collaboration in determining the organisational structure
- Establishment of sustainable governance
- Recruitment of any management or external partners
- Participation in capital procurement and financing
- Support of the first project developments

Strategic Leadership
- Determination of the long-term strategy
- Collaboration in setting annual goals
- Ensuring the fulfilment of the foundation's purpose and annual goals
- Approval of significant projects
- Approval of the budget and financial planning
- Decision on major investments

Project Development
- Evaluation of new project ideas
- Strategic support of land purchases or building rights
- Decision on project starts
- Monitoring of project development
- Ensuring economical project execution
- Risk monitoring

Finances
- Monitoring liquidity
- Monitoring long-term financing
- Controlling cost development of projects
- Ensuring appropriate risk management

Supervision
- Overall supervision of commissioned third parties
- Control of compliance with legal requirements
- Ensuring good corporate governance
- Approval of important contracts
- Handling significant risks

Representation of the Foundation towards
- Municipalities
- Investors
- Banks
- Population
- Partner organisations

Competences
The foundation board member, together with the entire foundation board, has the following competences:
- Issuance of regulations
- Election of management
- Decision on projects
- Approval of investments
- Conclusion of important contracts
- Taking up of external capital (according to statutes)
- Representation of the foundation externally
- Appointment of working groups

Responsibility
The member bears collective responsibility for:
- Fulfilment of the foundation's purpose
- Compliance with legal provisions
- Compliance with the statutes
- Careful handling of the foundation's assets
- Sustainable development of the foundation
- Avoidance of conflicts of interest
- Maintenance of confidentiality

Requirements
Professional Requirements
Knowledge in at least one of the following areas is advantageous:
- Real estate development
- Spatial planning
- Construction
- Finance
- Building law
- Housing construction
- Project management

Personal Requirements
- Strategic thinking
- Teamwork skills
- Decision-making ability
- Sense of responsibility
- Communication skills
- Negotiation skills
- Residence in the municipality of Vaz/Obervaz

Meetings
- Estimated 4 – 6 regular foundation board meetings per year
- Project-related additional meetings as needed
- Circular resolutions for urgent matters
Additional meetings may be required during the founding and development phase.

Estimated Time Commitment (per year)
In the founding phase (approx. ½ year)
- 80 - 100 hours (including meetings, preparation, project tasks)
In regular operation
- Approx. 40 – 60 hours (including meetings, preparation, project tasks)
For larger construction projects, the effort may be higher

Remuneration
The remuneration is based on the remuneration regulations of the foundation developed by the foundation board.

Term of Office
The term of office is 4 years according to the statutes. Re-election is possible.