Asset Manager

Why Join T&H Investments?

T&H Investments is a Carmel-based affordable housing developer and owner. Our companies cover development, construction and market-rate property management. We own and steward a portfolio of roughly eight operating affordable (LIHTC-focused) properties, with three additional properties under construction, across the Midwest and Atlantic seaboard. Our properties are run day to day by third-party property management companies.

About the Role

The Asset Manager is the portfolio’s day-to-day operating steward. You will be the main contact for our third-party property managers, track each property against budget, and keep compliance and reporting on schedule. You will sit inside Finance & Accounting, work directly with the CFO, and help shape how we leverage AI and modern tools to manage assets.

This role suits someone with solid fundamentals who wants to continue learning the workings of affordable housing asset management in depth. We will coach you. We value judgment, curiosity and follow-through over years of experience

What You’ll Do

Property manager oversight

• Be the primary contact and manager of our third-party property management companies; hold them accountable to approved budgets, management agreements and company standards
• Lead regular check-ins with each property manager and escalate issues to the CFO early, with options
• Support annual reviews, assessments and renewal of property management agreements
• Occasional scheduled visits to each property in person on a set schedule to verify condition and performance

Financial performance

•  Review monthly property financials against budget and business plan; explain variances and update annual projections
•  Support each property’s annual operating budget process and give managers clear feedback
•  Identify underperforming properties early and help build workout plans
•  Track capital expenditures against budgets, capital needs assessments and lender requirements; review bids

Compliance, reporting and records

• Prepare and review quarterly and annual investor, lender and agency reporting for accuracy and on-time submission
• Track compliance with debt, equity, incentive and grant agreements, including escrow funding, property tax payments and PILOT or abatement filings
• Track insurance renewals, solicit bids and negotiate new policies when needed, and coordinate with the CFO on claims
• Maintain the asset management files, the owned-real-estate schedule and related portfolio schedules

Strategy and development support

• Support refinance, sale and hold analysis, including valuations, sensitivities and broker opinion or appraisal review
• Collaborate with the development team to ensure realistic operating-cost view (expenses, utilities, taxes, management) are reflected during underwriting
• Participate alongside Development during lease-up and initial occupancy, and take each project’s handoff at stabilization

Finance team contribution

• Help with finance and accounting projects and processes that benefit from accounting knowledge (for example, reconciliations, accruals review, audit support, reporting clean-up)
• Help build and improve AI-assisted reporting and portfolio analytics
• Take on special projects as needed

What Makes T&H a Great Place to Work

T&H Investments is a dynamic company where collaboration, clear communication, and accountability are paramount. We operate with a servant leadership mindset, ensuring that each team member feels valued and empowered. We leverage the Entrepreneurial Operating System (EOS) to ensure alignment and facilitate the achievement of our goals, creating a productive and connected work environment.

As a family-owned company, we offer flexibility, recognizing the importance of balancing hard work with family life. Our core values — Do What's Right, Take Ownership and Pursue Excellence, Be a Team Player, Leave it Better than you Found it, and Enjoy Life — guide everything we do. At T&H, we work hard, but we also know how to have fun. If you thrive in an environment where success and enjoyment go hand-in-hand, T&H is the place for you!

What You Bring

Required

• Bachelor’s degree in business, accounting, finance, economics, real estate or a related field
• Five or more years in real estate, property management, asset management, accounting or finance (we will consider strong earlier-career candidates)
• Ability to read and analyze property financial statements; strong Excel skills
• Clear written and verbal communication, and comfort holding third parties accountable in a professional, collaborative way
• Genuine comfort with AI tools and a willingness to keep learning as they evolve
• Coachable, organized and detail-oriented, with a habit of following through

Preferred

• Exposure to or experience with affordable housing (LIHTC, HUD, state housing agency programs)
• Accounting background or coursework;
• Experience working with third-party property managers; management experience of third-party property managers a plus;
• Familiarity with real estate valuation, DCF and sensitivity analysis

The Asset Manager must fulfill the performance standards of this position and comply with policies, rules, and procedures of the company. Including those set out in the Team Member Handbook or otherwise communicated (verbally or in writing) to team members.

This job description is intended to describe the general nature and responsibilities of this position. This job description and the duties of this position are subject to change, modification, and addition as deemed necessary by the company. Team Members are required to comply with supervisory instructions and perform other job duties, responsibilities and assignments requested by supervisors, managers, or other company officials.

This job description does not constitute an employment contract between the company and any team member.