Jr. Asset Manager
: Job Details :

Duties include, but are not limited to the following:

– Prepare annual rent increase for project-based Section 8 properties;

– Prepare annual operating budgets;

– Analyze project cash flow and monitor operating expenses;

– Assist in the preparation of annual property audits;

– Prepare and review required reporting documents in a timely fashion for investors and government agencies;

– Respond to financial inquiries from banks, loan services, tax credit syndication, and regulatory agencies;

– Explore potential cost-saving initiatives (i.e. energy/utility efficiency)

– Timely review, compile and request disbursements from replacement reserves from lenders

– Frequently communicate with property management to provide effective property oversight

Requirements:

– College degree required;

– Previous experience in real estate and/or finance a plus;

– At least 2 years of experience working in an office environment;

– Able to work well both independently and within a team;

– Strong organization, communication, and analytical skills required;

– Ability to thrive in a fast-paced, constantly changing environment;

– Interest in learning the real estate development industry, specifically focusing on affordable housing