construction asset manager .

Seeking a Real Estate Construction Asset Manager responsible for oversight and analysis for housing development portfolio, including revenue and expense management, capital projects, property condition maintenance, and compliance activities. The Construction Asset Manager provides the necessary financial analysis and capital project oversight to ensure that each property maintains a high-quality living environment; the properties are managed and maintained in an economical and fiscally responsible manner; adequate reserves are being accumulated for future maintenance needs; all federal, state and local legal and financial obligations are met; and reports are provided to subordinate corporations on financial health and property concerns. 

salary: $40 - $50 per hour
shift: First
work hours: 8 AM - 4 PM
education: Bachelors

Responsibilities

Financial Management and Transactions
• Provide on-going financial monitoring and evaluation of property performance, particularly watchlist management, reviewing cash flow projections and reserve management for an assigned portfolio of properties
• Monitor all debt and equity financing requirements, including Section 42 LIHTC compliance
• Assists property management firms and Director of Asset Management in preparing the annual operating budgets and rental increases for approval
• Review requests for replacement reserve reimbursements
• Review bids for large projects and make recommendations to Director of Asset Management
• Implement acquisition plans for the limited partner interest in LIHTC properties at Year 15
• Prepares asset management and production reports as requested

Capital Project Management
• Plan capital improvements, troubleshoot facility challenges and supervise consultants
• Oversee large capital improvements, including selecting consultants/contractors and monitoring budget
• Take the lead on development hand off, attending weekly meetings, monitoring construction and lease up,
assisting with financial close out as needed
• Participate in future development ventures and provide input on design, operating and other features
of proposed new development projects
• Work with Development staff on refinancing and rehab of existing properties in portfolio and property
acquisitions




Skills

Asset Liability

Budget

Financial Statements

Microsoft Office

CAP

Large Cap (5 years of experience is required)

Debt Ratios (2 years of experience is preferred)

Annual Operating Budget (5 years of experience is preferred)

Construction (7 years of experience is required)

Financial Reporting (5 years of experience is required)

Oral Communication

Organization

Property Management (5 years of experience is required)

Cash Forecasting/Cash Flow (5 years of experience is required)

Decision Making

Creating Presentations

Asset Based

Portfolio Management (7 years of experience is required)

Qualifications

Years of experience: 7 years

Experience level: Experienced

Randstad is a world leader in matching great people with great companies. Our experienced agents will listen carefully to your employment needs and then work diligently to match your skills and qualifications to the right job and company. Whether you're looking for temporary, temporary-to-permanent or permanent opportunities, no one works harder for you than Randstad.

Equal Opportunity Employer: Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.

At Randstad, we welcome people of all abilities and want to ensure that our hiring and interview process meets the needs of all applicants. If you require a reasonable accommodation to make your application or interview experience a great one, please contact HRsupport@randstadusa.com.

Pay offered to a successful candidate will be based on several factors including the candidate's education, work experience, work location, specific job duties, certifications, etc. In addition, Randstad offers a comprehensive benefits package, including: medical, prescription, dental, vision, AD&D, and life insurance offerings, short-term disability, and a 401K plan (all benefits are based on eligibility).

This posting is open for thirty (30) days.