Lead portfolio performance and redevelopment strategy for a national affordable housing owner and developer. Hands-on responsibility across financial performance, capital planning, and property management oversight.
This Jobot Job is hosted by: Sean Pool
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Salary: $175,000 - $195,000 per year
A bit about us:
We are representing a real estate owner, investor, and developer focused on affordable housing. They’re looking for an experienced asset management leader to guide portfolio performance, oversee property management partners, and connect financial strategy with capital investment and day-to-day property operations.
Why join us?
Competitive salary, with an earlier advertised range of $175,000–$190,000.
Meaningful work preserving and improving affordable housing.
Ownership of portfolio strategy, financial performance, and capital planning.
Broad exposure to acquisitions, redevelopment, and ongoing asset operations.
Collaborative team environment with direct interaction with leadership.
Job Details
Job Details:
We are looking for a dynamic and experienced individual to join our team as the Permanent Director of Asset Management in the Accounting + Finance industry. This role is critical to our business, as it involves the management of our affordable housing portfolio. The successful candidate will be responsible for overseeing all aspects of our asset management, from financial analysis and investor reporting to capital planning and budgeting. This is an exciting opportunity for a seasoned professional to make a significant impact on our organization and the communities we serve.
Responsibilities:
As the Permanent Director of Asset Management, you will be responsible for:
1. Overseeing the financial performance of the affordable housing portfolio, including regular financial analysis and reporting to investors and lenders.
2. Managing property operations, including oversight of property management teams and ensuring compliance with Section 8 and Low Income Housing Tax Credit (LIHTC) regulations.
3. Developing and implementing capital planning strategies, including managing cash flow and reserve funds.
4. Leading the budgeting and forecasting process, including the development of financial models to support strategic decision-making.
5. Ensuring all properties are in compliance with all regulatory requirements, including Section 8 and LIHTC.
6. Working closely with internal and external stakeholders to ensure the long-term financial sustainability of our affordable housing assets.
Qualifications:
The ideal candidate for the Permanent Director of Asset Management position will have:
1. A minimum of 5 years of experience in asset management, preferably in the affordable housing sector.
2. Proven expertise in financial analysis, investor and lender reporting, property management oversight, capital planning, cash flow and reserve management, budgeting and forecasting, and financial modeling.
3. Extensive knowledge of Section 8 asset oversight and LIHTC compliance.
4. Strong leadership skills, with the ability to manage and motivate a team.
5. Excellent communication skills, with the ability to effectively communicate complex financial information to a variety of stakeholders.
6. A bachelor’s degree in finance, accounting, or a related field. An MBA or other advanced degree is preferred.
7. A commitment to the mission of providing affordable housing to those in need.
If you have a passion for affordable housing and a track record of success in asset management, we encourage you to apply. This is an exciting opportunity to make a real difference in the lives of the communities we serve.
Interested in hearing more? Easy Apply now by clicking the "Quick Apply" button.
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