sr asset manager - Atlanta, United States - Metropolitan Atlanta Rapid Transit Authority

Description

Job Description

MARTA is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity and/or expression, status as a veteran, and basis of disability or any other federal, state or local protected class.

POSITION POSTED UNTIL A VIABLE POOL OF CANDIDATES HAS BEEN ESTABLISHED

INTERVIEW SELECTION PROCESS: The selection process may include one or more components to demonstrate applicants' knowledge, skills and abilities in job related areas. These may include exercises such as practical demonstrations, written communications, oral interviews and/or competency assessments.

THIS POSTING IS TO FILL THE CURRENT VACANCIES AND ANY FUTURE VACANCIES THAT MAY OCCUR IN THE NEXT SIX (6) MONTHS

SUMMARY

Responsible for activities related to the physical and fiscal management and long-term economic performance of individual real property assets assigned, from development stage extending through the disposal of each investment. Formulates and administers approved property management practices to ensure that revenues and related reports accurately reflect the condition of the business, while providing reliable information necessary to control operations. Monitors long and short-term economic performance through identification of new revenue opportunities and documentation of return on investment for existing lease and license agreements.

ESSENTIAL DUTIES AND RESPONSIBILITIES

1. Identifies new revenue opportunities and investment returns for existing agreements and by generation of new business.
2. Within first quarter of employment, be proficient in the specific terms of each lease and license agreement in order to track deadline dates for renewals, options, extensions, evictions and/or expirations, and creates Abstracts for each agreement.
3. Serves as the primary point of contact for the leasing/licensing of excess real property. Responsible for conducting site visits with prospective tenants, managing tenant communication and expectations, resolving issues related to properties under agreement and coordinating closing process for disposed real property assets.
4. Manages bid solicitation processes for all real estate disposals and work in partnership with the Office of Contracts and Procurement.
5. Works closely with Stakeholders - external (local Municipalities, community organizations, developers), and internal (Legal, Facilities, Engineering, Operations, Police, Capital Programs, Accounting and Grants). Supports and documents community partner events on MARTA-owned properties.
6. Responsible for maintaining MARTA's lease management database and audit reporting systems and generating monthly and annual proforma budget reports and revenue projections. Monitors accounts receivables to meet critical event dates (CPI and re-appraisal escalations), project maintenance, calculation of incentive and capital event participation rents.
7. Negotiates on behalf of MARTA's membership in Owners' Associations to provide critical oversight of operating and capital budget assessments.
8. Ensures compliance with MARTA, Federal, State and Municipal regulations, and adherence to the FTA 49CFR Uniform Act. Maintain FTA-required reports for the Rail Fleet Management Plan.
9. Performs other related duties as assigned.

SUPERVISORY RESPONSIBILITIES

Manage the Asset Specialist and external independent contractors who may be engaged related to the Lease Management System

SAFETY RESPONSIBILITIES

Take every reasonable precaution given the circumstances to ensure the protection of employees, patrons, and members of the public. Identify and inform employees of hazards in the workplace. Determines safe work methods and ensures that employees are notified of new and modified methods. Ensures that employees are trained on safety policies and procedures. Ensures that employees follow procedures. Responds to health and safety concerns of employees in a timely manner.

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

EDUCATION and/or EXPERIENCE

Bachelor's degree in business administration, Accounting, Finance, Urban Development, or a related field. Eight years of asset management expertise and oversight experience with proven record of revenue generation and cost-saving policy development required. Must have knowledge of competitive bidding, negotiations, and procurement regulations. Proficient in use of Argus, Yardi, MRI or similar software and have Advanced Excel skills. Highly effective verbal and written communication skills are required. Highly effective planning, analytical, financial analysis, and problem-solving skills are required. Intermediate to advanced skills in use of personal computer and associated software package applications required. Prior experience presenting to C- Suite, Committee, Councils or Boards of Directors is highly desired. In lieu of a degree, directly related experience may be substituted on a year- for- year basis.

LANGUAGE SKILLS

Ability to read, analyze, and interpret general business periodicals, appraisals, professional journals, technical procedures, or governmental regulations. Ability to write reports, business correspondence, and procedure manuals and create proforma revenue projections. Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.

PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this job, the employee is regularly required to sit; use hands to finger, handle, or feel; reach with hands and arms; and talk or hear.

WORK ENVIRONMENT

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Work is ordinarily performed in a standard office environment. While performing the duties of this job, the employee is occasionally exposed to outside weather conditions.

AMERICANS WITH DISABILITIES ACT

If you are a qualified individual with a disability, you have a right to request that MARTA make reasonable accommodations in order to help you accomplish your work, which must still be performed in all its essential functions.