This role will manage around 30 properties, ensuring the asset is sustainable over time.
Essential Functions and Responsibilities:
•Review and approve annual strategic, operation and financial plans and budgets for the portfolio with Affordable Housing Operations.
Review and approve audit reports and tax returns for assigned portfolio which includes a combination of subsidized and tax credit properties
• Understand partnership documents and loan documents as they relate to all aspects of the asset
• Calculate annual cash flow distributions for the Wallick owned portfolio
• Meet regularly with Affordable Housing Operations to discuss operating results, variances to budget and strategize on opportunities for property performance improvement
• Analyze business operations, trends, expenses, revenue, and financial commitments to project future revenue and expenses
• Create plans, set goals, and measure results for troubled assets
About You:
You have a bachelors degree in finance or a related field, and 3 or more years of experience in an asset management or similar role within the multi-family real estate industry.
• An intermediate understanding of accounting and finance is required.
• A basic knowledge of applicable laws and regulations governing public housing is a plus.
• Should be familiar with some type of automated accounting software, in addition to Microsoft Office software.
• Must possess the ability to read and analyze financial reports and other accounting data.
• Must be able to respond to inquiries from assigned properties and co-workers.
• Must possess the ability to effectively present information to management.
• Must possess the ability to apply advanced mathematical concepts and operations to tasks.
• Make complex decisions requiring some judgment.
• Decisions may affect internal departments and/or assigned properties.
Benefits:
- Employee Stock Ownership Plan.