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Asset Manager
Salary: Negotiable DOE |
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As a member of ACOF’s Asset Management Department, the Asset Manager will manage a portfolio of Affordable Housing developments through the oversight of a third party management company, site visits, financial review, and compliance review. In addition, the Asset Manager will focus on the review and analysis of property level financial data for ACOF’s portfolio, including annual operating budgets, quarterly financial statements, residual receipts analysis, year-end audited financial statements and tax returns. The Asset Manager will also assist the department on special projects related to Partnership Reporting, Workouts and Year 15 exit strategies.
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| Essential Job Functions |
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Responsible for the financial and operational performance of an assigned portfolio
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Oversee and monitor third party management companies
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Review monthly financial reports prepared by property management firms to track asset performance; review and evaluate key indicators, such as vacancy, delinquencies and turnover rates, and budget-to-actual variances.
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Oversee regulatory compliance in accordance with loan documentation
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| Desirable Qualifications |
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Master’s degree in business administration, finance, economics, or accounting, or equivalent experience
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3 – 5 years experience with operations and analysis, budgeting, financial reporting, and general accounting.
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Strong analytical Excel, Access skills required, as are excellent written and verbal communication skills. Microsoft Access and/or other database experience preferred.
Project Managers encouraged to apply. |
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Please send cover
letter, resume and salary history to A Community of Friends,
Attn: Kinette Cager, Director of Administration |
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Email: kcager@acof.org • Fax: 213.480.1788
Mail: 3345 Wilshire
Blvd., Suite 1000, Los Angeles, CA 90010 |
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An Affirmative
Action/Equal Opportunity Employer |
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