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Asset Manager

Company: Elderly Housing Development Operations Corporation
Location: Fort Lauderdale
Posted on: September 16, 2020

Job Description:

Job Details Full-timeEstimated: $64,000 - $88,000 a year4 hours ago Qualifications - Microsoft Excel - Asset management - Communication skills - LIHTC - Bachelor's degree Full Job Description Job Description Status: Full Time / Exempt Job Summary The candidate would definitely need to be highly motivated, detail oriented, self- starter, well organized, a multitasker with strong work ethic with a solid asset management and compliance background and, obviously be willing to partake in extensive travel. The position would be based at HQ and would report directly to you as a member of the senior staff, or as a junior to senior staff and report to anyone you choose. Primary Responsibilities Essential Job Duties and Responsibilities - Responsibility for overall portfolio asset management and compliance. - Assist in oversight of field operations to ensure optimal property performance through our directives and full adherence to HUD and LIHTC program compliance requirements. - Ensure the oversight and implementation of the property's business and marketing plan, overall performance objectives and operate within the property's approved budget. - Work together with managers and property accountants to analyze monthly financials, prepare budget variance narratives and set up performance metrics to maximize revenue and minimize expenses. - Provide recommendations to implement changes necessary for property improvements based on physical inspections and periodic file audits (based on a historical trend analysis). - Assist Community Managers and Regional Directors to prepare monthly narratives and financials packages for LP investors, HUD and lenders. - Work with VP of Development and VP of Finance & Accounting to maximize the asset's NOI to increase its value for planned refinance/ rehabilitation. - Conduct periodic complete property inspections and file audits as directed by the President/ CEO as part of the ongoing monitoring of property's performance, management and capital needs. - Assist with negotiating major vendor contracts and pursue portfolio-wide expense reductions through vendor bidding. - Problem solve property and portfolio level issues through research, analysis and implementation - Oversee preparation for third-party LIHTC, HUD REAC inspections. - Assist CMs and RDs with responses to HUD, LP, Lender and state agency file audit, MOR and REAC/UPCS inspections - Implement and monitor approved capital improvement projects. - Assist with completing and submitting HUD 9839 Management Certifications, 2530's, AOC's, AFHMP's, state agency and LP compliance reports. Qualifications and Skills: 3 - 5 years' experience in affordable multifamily asset management and compliance. - Prefer HUD, LIHTC or other low-income experience. - Bachelor's degree (prefer real estate, business and/or finance). - Excellent Excel and communication skills. - Strong management skills, with an ability to work independently and multitask. - Highly motivated, with a positive 'can do' attitude. - Self-starter and problem solver. - An analytical approach with a results oriented mindset. - Ability to think like an owner. - A willingness spirit to do what is required and necessary. - Travel to properties across the nation required Send resume with cover letter to Show full job description Quick

Keywords: Elderly Housing Development Operations Corporation, Fort Lauderdale , Asset Manager, Executive , Fort Lauderdale, Florida

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