Asset Manager

4 weeks ago


Charlotte, United States ATARID Specialist Recruiters to the Property & Asset Management Industry Full time

ATARID Specialist Recruiters to the Property and Asset Management Industry are seeking experienced industry professionals on behalf of our client, a leading investment firm in affordable housing:


Title: Asset Manager

Oversee a portfolio of real estate assets funded under Section 42 LIHTC.


Responsibilities:

  • Evaluate project and partnership risk factors for LIHTC compliance.
  • Calculate annual tax credits from cost certifications and 8609s.
  • Determine first-year credit delivery from lease-up figures.
  • Oversee equity disbursement for the portfolio.
  • Monitor performance data monthly, quarterly, and annually.
  • Conduct property inspections annually or as needed.
  • Collect financial and operational data from partnerships.
  • Ensure timely submission of tax returns and audits with General Partners.
  • Review and analyze the annual operating budget for properties.
  • Identify and report project risks. Develop action plans to mitigate risks.
  • Support asset disposition at the end of the tax credit period.
  • Engage in team initiatives.
  • Maintain up-to-date records of property activities.
  • Stay informed about economic and demographic trends in portfolio markets.
  • Foster relationships with industry stakeholders.


Qualifications:

  • 3+ years as Asset Manager overseeing a portfolio of assets funded under Section 42 LIHTC. Experienced from syndicator, investor or developer preferred.
  • Bachelor’s degree in business, finance, or related field.
  • Current knowledge of LIHTC investment assets.
  • Strong financial skills including budgets, real estate concepts, financial analysis, organizational skills and reporting.
  • Excellent communication skills – written and verbal.
  • Travel approximately 30%.


Location: Charlotte, NC – Based in the office in a highly collaborative environment.


Compensation: Negotiable commensurate with experience, plus Benefits Package & Bonus. Relocation assistance.


Forward your resume together with dates//times that you are available for a confidential chat.


Equal Opportunity Statement: Include a statement on commitment to diversity and inclusivity.


ATARID - Specialist Recruiters has been established for 15+ years and is the leading provider of Management, Senior and C-level opportunities to industry professionals.


With connections to the foremost Property and Asset Management Companies nationally, ATARID works with you to find the best fit.


Let’s connect – we can keep you informed of additional opportunities in the future.


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