Asset Manager - Atlanta, United States - RESOURCE HOUSING GROUP INC

Description

Resource Housing Group (RHG) is a dedicated nonprofit organization established in 1994,
committed to providing quality, secure, and affordable housing for low-income (LI) families. With
a track record of success, RHG has developed over 6,000 units of affordable housing across the
Southeastern United States, owning more than 50 affordable housing developments.

Responsibilities
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Analyze monthly financial statements of all assigned projects for variances between actual and budget, ensuring adequate escrow balances, bond funds and accruals.

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Provide monthly budget variance commentary on all assigned projects to the internal management team.
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Work closely with Property Managers to provide direction for and oversight of operating plans, budgets, and forecasts. Specific tasks include approving and submitting reserve draws, reviewing/approving third party contracts, rent increases, non-budgeted large expenditures.

Participate in the annual budget review process by preparing operational trends to budget analysis.
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Assist with the year-end financial audit review to ensure accuracy of the accounting data.
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Maintain and update project summary data and financials MRI internal reporting software.
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Work closely with Property Management, Asset Management and Development.
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Carry out periodic on-site inspection property visits to evaluate the physical condition of property. Provide feedback to the Property Manager as needed.
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In conjunction with third party property management team, develop preventative maintenance program, monitor its implementation, and conduct property inspections.
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Identification and analysis of under-performing assets, and preparation and implementation of proactive operational work-out strategies.
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Review and evaluate rent structure for each property based on market analysis and ownership objectives.
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Maintain and track reporting requirements for all syndicators, investors, and financial institutions.
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Review Insurance Requirements; work with broker on obtaining new policies, and review of renewals. Open claims as needed.
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Review Property Tax assessments and submit appeals if needed.
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Perform other duties as assigned by CFO or other senior management staff.
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Keep senior management regularly informed regarding the asset performance.

Qualifications
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Four-year college degree in Accounting or Finance or related field
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Proficiency in Microsoft Office (proficient in Excel & Word)

Essential Skills
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Self-motivated with the ability to prioritize and multi-task in an environment of multiple responsibilities
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Deadline driven with a high degree of energy and enthusiasm
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Detail – Oriented
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Some experience with physical property experience
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LIHTC experience (Plus)

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