Description

ATARID has been retained to identify an Asset Manager for a client specializing in developing and managing affordable housing assets. The Asset Manager will play a crucial role in overseeing property management agreements, ensuring compliance with various requirements, and maintaining financial performance through effective management of property budgets. This position requires ongoing communication with third-party property management companies and a proactive approach to identifying and addressing property performance issues.

Company Culture and Environment

The work environment fosters collaboration, effective communication, and a strong team spirit, encouraging individuals with a sense of humor and compassion for those needing affordable housing.

Career Growth and Development Opportunities

Working with ATARID, candidates will be connected to leading Property and Asset Management Companies, providing avenues for professional development and future opportunities.

Detailed Benefits and Perks

This position offers an extensive benefits package as part of the overall compensation, promoting a supportive workplace for employees.

Compensation and Benefits

• Up to $110,000, negotiable and commensurate with experience
• Extensive benefits package

Why you should apply for this position today

This role presents an excellent opportunity to impact affordable housing positively and work with a recognized leader in the property management sector. With a focus on collaboration and a supportive culture, this position is ideal for those looking to make a meaningful difference while advancing their careers.

Skills

• 1+ years of experience as an Asset Manager in affordable housing, including LIHTC
• Excellent written and oral communication skills
• Advanced proficiency in Excel and Google tools
• Strong problem-solving skills, detail-oriented, and able to meet deadlines
• Team player with a good sense of humor
• Compassion for those needing affordable housing

Responsibilities

• Oversee property management agreements and regulatory compliance
• Manage property budgets and financial performance
• Maintain communication with third-party property management companies
• Analyze operating statements, budgets, and asset management data
• Identify and address property performance issues proactively
• Monitor asset performance against benchmarks
• Collaborate on budget forecasts and quarterly valuation updates
• Improve reporting on key performance metrics
• Analyze monthly, quarterly, and annual financial and operational reports

Qualifications

• Bachelor’s degree in accounting, finance, or a related field (or 6 years of relevant work experience)
• Valid California driver’s license
• Proven experience as an Asset Manager or Senior Associate

Education Requirements

• Bachelor’s degree in accounting, finance, or a related field is required
• Minimum 6 years of relevant work experience can substitute for a college degree

Education Requirements Credential Category

• Bachelor’s degree or equivalent work experience

Experience Requirements

• 1+ years of experience in asset management, specifically in affordable housing
• Relevant experience in the LIHTC sector is preferred

Why work in Los Angeles, CA

Los Angeles offers a vibrant urban lifestyle with diverse cultural experiences, beautiful weather, and a strong community focus on affordable housing initiatives. Working in this city provides opportunities to engage with innovative projects and make a difference in the lives of many residents.