Arlington, VA
Salary Estimate: Confidential
Employment Type: Full Time
Work Place: Hybrid
Experience Required: 2+ to 5 years
Education Required: 4 Year College
Benefits
Job Description
- Oversee, prepare, or assist with internal and external reporting and processing as required by AHC policies, including occupancy, property valuations, insurance, property taxes, and cash management exercises.
- Establish KPIs, compile monthly performance reports, analyze results and use all property information to guide the property towards key objectives.
- Analyze and develop the property-level financial and operating metrics, as well as monitor the physical performance of the portfolio in collaboration with property management, development, construction, compliance, and resident services teams.
- Review and approve annual operating budgets, capital expenditure plans, and all non-routine expenditures.
- Conduct site visits, monitor property management systems and correspondence in line with AHC policy and as specified in investment and lender advisory agreements.
- Collaborate with external and internal customers and communicate issues that may place a project at risk to appropriate leadership in Asset Management. Develop action plans to help mitigate any risks and protect the residents and investments.
- Develop and implement proactive strategies to identify and resolve operational, financial, and compliance issues and concerns.
- Abstract, understand, and monitor all aspects of the property capital structures including loan, equity, and tax credit terms and covenants.
- Identify opportunities for capital structure improvement through restructure, refinance or repositioning of owners’ interests.
- Ensure all contracts with third-party vendors or service providers are approved in line with AHC policies and authority levels.
- Bachelor's degree or equivalent required, preferably in Business Management, Accounting or Finance.
- Three plus years multifamily real estate management, finance, accounting and/or asset management experience.
- Two plus years affordable housing, real estate asset management, property management, or housing development experience.
- Experience managing a portfolio of real estate ownership interests and sufficient expertise and knowledge to independently manage multiple debt products, equity investments, private financing, and federal, state, and local government funding.
- Working knowledge and experience of other affordable housing programs centered on HUD, public housing and other programs that support affordable housing. LIHTC knowledge gained from asset management, operations or development is required.
AHC Inc.
• 1-100 employees
Our Mission
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