Asset Manager - Affordable Housing

Volunteers of America National Services
Alexandria, VA
Category Finance
Job Description
Role Overview

The Asset Manager represents the owner/sponsor interests in all housing properties sponsored/cosponsored by Volunteers of America National Services. The objective of this position is to ensure that housing properties owned by Volunteers of America National Services are performing at optimal level (including financial, physical plant and operating systems) and in compliance with financial covenants, regulatory requirements and other reporting and filing requirements as imposed from time to time.

What You Will Do

The Asset Manager will gather, evaluate, interpret and report on the operational performance and condition of assigned real estate assets. Provide analysis, conclusions and recommendations regarding specific properties assigned as well as entire real estate portfolio.

Why It Might Be a Fit

The Asset Manager will ensure timely submission of monthly/quarterly financial reports from management and accounting entities, review reports and assess actual performance to approved budget and original underwriting assumptions.

Requirements

  • A minimum Bachelor’s degree from an accredited institution is preferred.
  • A graduate degree in Planning, Real Estate Development, Finance, or Business is also desired.
  • A minimum of two (2) years experience in Real Estate Finance, Property Management, Real Estate Development, or Construction Management.
  • Experience skilled property management, financial analysis, insurance/risk management, accounting, valuation of income-producing real estate, capital markets, tax management, customer/client/regulator relations, code and law.
  • Specific knowledge of HUD housing programs, tax credit programs and tax exempt bonds.
  • Interpersonal skills necessary to effectively delegate, manage and motivate other employees and outside contacts in relation with housing development.
  • Ability to travel occasionally

Benefits

  • 403(b) Retirement Plan
  • Career scholarships
  • Continuing career education and leadership programs
  • Medical, Dental and Vision Insurance
  • Paid Time Off (Vacation, Holiday & Sick Days)
  • NetSpend – Get paid early: Tap into 50% of your earnings before payday
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