Senior Asset Manager

Senior Asset Manager

Salary

$133,795.70 - $160,771.25 Annually

Location

Tukwila, WA

Job Type

Regular Full-Time

Job Number

2026104

Division

DEVELOPMENT

Department

Asset Management

Opening Date

08/14/2026

Closing Date

Continuous

• Description
• Benefits
• Questions

Job Summary

King County Housing Authority (KCHA) is seeking a Senior Asset Manager to support the Asset Management department in Tukwila, WA. This role oversees a portfolio of tax credit and/or bond-financed affordable housing properties, ensuring financial performance, physical maintenance, and compliance with IRS, HUD, lender, and KCHA requirements.

Responsibilities include acting as owner's representative, monitoring third-party property management, reviewing financial statements, preparing reports and forecasts, managing cash flow and debt service, and ensuring regulatory compliance. The position also involves constructability reviews, daily reporting, and maintaining accurate records. Work is performed under the general supervision of the Senior Vice President of Asset Management.

King County Housing Authority (KCHA), an independent municipal organization, is a highly performing nationally recognized leader in affordable housing. To learn more about KCHA and our Mission visit this link.

Please note this position is open until filled; however, to ensure consideration applications should be received by August 31, 2026, at 4:30 p.m.

Essential Functions

The Senior Asset Manager will:

• Oversee advanced financial monitoring and reporting division wide; review financials; provide directions to staff; prepare and assist with preparation of journal entries; manage cash flow reporting and distribution.
• Perform strategic planning related to cash flow, property improvements, acquisitions, partnership transactions and program initiatives for a variety of multi-family housing programs.
• Manage and direct program budgets; determine strategy for rent growth/increase policies based on market analysis and affordable rent balancing; create budget guidelines for all property related costs; perform short-term and long-term planning throughout budget process.
• Oversee the preparation of financial information; manage the review and critique of partnership audits and tax returns to ensure accuracy and timely submission to investor partners and the Internal Revenue Service (IRS); recommend and complete adjusting journal entries.
• Review and provide comments for documents related to acquisition of new properties and/or development of existing properties under the LIHTC program; coordinate between asset management, development, construction and property management staff for LIHTC certification and relocation of tenants; direct and assist in the preparation of financial documentation necessary for placing tax credit developments in service.
• Recruit and select divisional personnel; assign, direct, train, and inspect the work of staff; evaluate staff performance; develop staff schedules; recommend transfers, promotions, suspensions, terminations, and demotions.
• Provide oversight to property management companies to ensure financial performance, maintenance of safe and sanitary living conditions, and compliance with all legal and regulatory requirements; inspect properties regularly to maintain physical integrity and appearance; make recommendations and approve plans for needed property improvements; respond to and resolve escalated resident complaints as needed.
• Direct and review the preparation and submission of required compliance reporting to appropriate state and federal agencies.
• Ensure compliance requirements and debt service coverage ratios to lenders and trustees are met for taxable and tax-exempt bond financing.
• Explore funding opportunities, rebates or offers long-term cost savings; review physical versus fiscal position of all properties and determines how to leverage long-term impact and cost savings through large-scale projects or funding opportunities; determine special capital projects for long-term savings, using cost-benefit analysis and working with other departments; develop and monitor initiatives until concluded.
• Ensure legal issues are addressed and resolved to mitigate adverse action against the Authority; ensure preparation for adverse weather conditions at all properties and guidelines are followed after serious weather events; address life-safety issues at all properties in portfolio such as play equipment, trip hazards, etc.; ensure property management companies have developed and adhere to plans/procedures related to hazardous materials.
• Complete and/or assign, monitor, and review special projects, reporting, and departmental capital projects; maintain and update the departmental operations manual to ensure our processes are documented, best practices are in-use and material is available to review and educate staff; partner with other agencies and departments to further the Authoritys mission and provide housing for disadvantaged groups.
• Develop, manage, and create a variety of monthly, quarterly, and annual reports and disseminate to appropriate internal or external agents as required.

Qualifications and Competencies

Required Qualifications:

• Bachelor's degree in accounting, business administration, finance or closely related field AND
• Extensive experience in a combination of accounting, business administration, compliance, finance, property management, real estate management, and/or real estate development OR
• An equivalent combination of experience and education that provides the necessary knowledge, skills, and abilities to perform the essential functions of this position.

Required Knowledge, Skills and Abilities:

• Understands technical aspects of the position and continuously builds knowledge, keeping up to date on the substantive and procedural aspects of the position including:

• Demonstrated knowledge of applicable local, federal, state regulations, and policies and procedures, with the ability to interpret and apply.

• Practical accounting experience and knowledge of GAAP with ability to apply relevant skills.

• Experience supervising staff including coaching and mentoring to support employees in achieving Authority and individual goals; demonstrated ability to provide strong leadership in a dynamic, highly regulated work environment.

• Proven success in building productive and engaged work teams with a focus on mentoring and nurturing staff development.

• Clearly and effectively communicates both verbally and in writing by actively listening and sharing relevant information.

• Ability to explain complex or technical information regarding rules, rights, regulations, policies, procedures, programs, or services to answer questions, resolve problems, communicate decisions or actions.

• Values open-mindedness, inclusion, and diverse perspectives, recognizing multiple ways of knowing, thinking, and being; fosters a work environment that embraces and appreciates diversity, treats others with respect, and promotes cooperation.

• Strong critical-thinking and analytical skills, with the ability to evaluate information, to make timely and nuanced decisions, and to apply business and operational priorities in weighing outcomes.

• Establishes and nurtures relationships with stakeholders, regularly inviting feedback and suggestions; works cooperatively with others as an active member of a team.

• Effectively organizes multiple assignments, sometimes of a complex nature or involving competing priorities, to produce work products that are accurate, thorough and on time.

• Adapts to changing business needs, conditions, and work responsibilities; responds positively to change, embracing and using new practices or values.

• Proficiency with MS Office to include Word, Excel, Outlook, and database software.

Special Requirements:

• Obtain Fair Housing, Landlord Tenant Law, and Tax Credit Compliance training upon hire.
• Final candidates may be required to complete a drivers and criminal background check in accordance with applicable law.
• Must be able to travel regularly between work sites as required to perform the essential functions of the position and have a reliable means of transportation to meet those travel requirements. A valid drivers license may be required for positions where driving is an essential job function.

Position Information and Application Process

Application Requirements:

To be considered for this opportunity, you must:

• Complete the online application profile in its entirety.
• Upload a cover letter that addresses how your experience and education qualifies you to perform the essential functions listed in the job announcement. (Cover Letter)
• Upload a detailed résumé of all educational and professional experience. (Résumé)

Salary & Benefits:

The salary range for this position is $133,795.70 - $160,771.25 annually depending on qualifications and professional experience. The complete salary range for this position is $133,795.70 - $187,565.78 annually. Performance based merit increase opportunities and COLAs are reviewed on an annual basis. A comprehensive health care benefits package for you and your dependents includes medical, dental and vision insurance, life and long-term disability insurance plans, vacation, sick and personal leave, tuition reimbursement, and retirement benefits are available. For more details regarding KCHA comprehensive benefits, please visit our benefits page.

Work Environment:

After initial onboarding, this role will have the opportunity to work remotely up to 60% in accordance with the KCHAs flexible work arrangements; however, remote work conditions will be reviewed on a regular basis based on business and program need. The ability to report to the Central Office in Tukwila will be required.

Physical Requirements:

Incumbent(s) must be able to meet the physical requirements of the classification and have mobility, balance, coordination, vision, hearing and dexterity levels appropriate to the functions performed. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

This work requires the occasional exertion of up to 25 pounds of force; work regularly requires sitting, speaking or hearing, using hands to finger, handle or feel and repetitive motions and occasionally requires standing, walking, reaching with hands and arms and pushing or pulling; work has standard vision requirements; vocal communication is required for expressing or exchanging ideas by means of the spoken word; hearing is required to perceive information at normal spoken word levels; work requires preparing and analyzing written or computer data, operating motor vehicles or equipment and observing general surroundings and activities; work occasionally requires wet, humid conditions (non-weather), exposure to fumes or airborne particles and exposure to outdoor weather conditions; work is generally in a moderately noisy location (e.g. business office, light traffic).

Equal Opportunity:

King County Housing Authority is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status.

The excellent benefits package includes employer paid dental; vacation, sick & holiday pay; life insurance, long term disability insurance and transit subsidy. PERS retirement (mandatory) and medical plan require employee and employer contributions. Employee paid deferred compensation (457b) and flexible spending accounts are optional. Positive corporate culture and commitment to a diverse workplace, plus more!

For more details regarding KCHA comprehensive benefits, please click on the link below. www.kcha.org/employment/employeebenefits.aspx

01

Do you have direct experience with the King County Housing Authority?

• Yes, I am a current employee at KCHA.
• Yes, I am a current temporary employee at KCHA.
• Yes, I am a current resident of KCHA.
• Yes, but not as described above.
• No, I dont have any direct experience but I am willing to learn.

02

Which best describes your level of education?

• High School Diploma or GED
• Some College
• Associates Degree
• Bachelors Degree
• Masters Degree or Higher
• None of the above

03

This position requires experience in Property Management, Real Estate Management, Accounting and/or Finance. Please identify your years of experience.

• I have no experience in these areas.
• I have minimal (less than one year) experience.
• I have moderate (1 to 3 years) experience.
• I have considerable (3+ to 5 years) experience.
• I have extensive (more than 5 years) experience.

04

Based on your response above, please provide a brief description of your experience. If you indicated no experience, please enter "NA" in the space provided.

05

Do you have working knowledge in any of the following housing programs? Please select all that apply.

• Condominium
• Conventional Housing
• Disabled
• Elderly
• Homeless
• Home Owners Association
• New Market Tax Credit
• Immigrant/Refugee
• Project Based Section 8
• Public Housing
• Section 8
• Sponsor Based
• Tax Credit
• No experience with housing programs.

06

If you identified housing experience above, please provide a brief description of the type of working knowledge you have in each of the areas you identified.

07

Please describe your professional experience providing direction and guidance to partners, stakeholders and/or third party entities. If you do not have experience, please enter "NA" in the text box.

08

How many years of experience do you have developing and monitoring a budget?

• I have no related experience.
• I have minimal (less than one year) experience.
• I have moderate (1 to 3 years) experience.
• I have considerable (3+ to 5 years) experience.
• I have extensive (more than 5 years) experience.

09

Please identify the size of budget you have managed.

• Less than $250,000
• $250,000 to less than $500,000
• $500,000 to less than $1 million
• $1 million to $3 million
• More than $3 million
• I have no experience with budgets.

10

How many years of experience do you have developing and monitoring forecasts?

• I have no related experience.
• I have minimal (less than one year) experience.
• I have moderate (1 to 3 years) experience.
• I have considerable (3+ to 5 years) experience.
• I have extensive (more than 5 years) experience.

11

Which of the following best describes your level of proficiency with Microsoft Excel?

• I have no experience with Microsoft Excel.
• Beginner
• Intermediate
• Advanced
• Expert

12

This position requires a valid drivers license and acceptable driving record at the time of hire. A valid Washington State Drivers License is required within 30 days of employment. Maintaining an acceptable driving record throughout employment at KCHA is required for this position. Can you meet this requirement?

• Yes
• No

13

Do you have any combination of two or more license suspensions or revocations within the last five years?

• Yes
• No

14

Have you had any of the following violations within the last three years? Please select all that apply.

• I have NO violations on my driving record in the last 3 years
• Reckless or negligent driving or other similar offense (e.g., careless driving)
• Failure to stop and report a vehicle incident (e.g., hit and run)
• Any driving offense involving the use of drugs, alcohol, controlled substances, or other gross misdemeanors or felonies
• Driving while license is suspended or revoked
• Eluding an officer of the law
• Possession of open container of alcoholic beverage

Required Question

Employer King County Housing Authority

Address 600 Andover Park West

Tukwila, Washington, 98188

Phone 206-574-1100

Website http://www.kcha.org