Director, Asset Management
2 months ago
THE POSITION
Reporting to the Vice President, Asset Management, the Director, Asset Management is our main liaison between ownership and 3rd party property management. The primary objective of this role is to manage all operational aspects of the portfolio’s assets, drive excellence in asset performance and business plan execution.
What You Can Expect To Do
- Assist with driving asset performance, generate and execute strategic asset plans; strategically manage property cash flow, and major repair and maintenance capital improvements.
- Develop a thorough understanding of each property and its challenges, assess implementation of strategic initiatives, assess operational and management performance, and identify opportunities for improvement.
- Coordinate and manage strategic capital improvement plans carried out by general contractors and third-party vendors.
- Forge strong relationships with operating partners to proactively work through challenges and communicate concerns up internal and external chains of command when expectations are not being met.
- Analyze and ensure the integrity of monthly and quarterly property-level financial statements vs. budget or proforma.
- Creation and implementation of annual operating and capital budgets.
- With the support of our Compliance team, monitor compliance requirements and deadlines across multiple government agencies and programs.
- Maintain terms of partnership agreements, loan documents, regulatory agreements and various property agreements.
- Coordinate communications and manage requests from investors, lenders, governmental agencies, and other stakeholders.
- Support our Construction Services and Acquisitions teams with ad-hoc coordination and communication as needed.
- Conduct frequent physical inspections of each asset and its competitive market in the portfolio.
What You Should Have
- Bachelor’s degree required, preferably in Business, Finance, Real Estate, or related fields
- 3-5 years of experience with real estate asset management and finance
- Operational experience with financial reporting and managing equity investments, in essential housing
- Strong analytical skills, with the ability to evaluate complex data and present solutions
- Effective communication and presentation skills to work effectively with and present to a broad range partners, agencies and third-party managers
- Ambition, a strong desire to learn, to achieve, a history of career advancement
- Organizational skills; the ability to manage your time, focus and communicate with clarity
- A sense of urgency, an internal clock that helps you move with purpose and meet deadlines
- Proficiency in Microsoft Excel and Word
- The ability to travel as needed
What You Should Be
- Curious and ambitious by nature; a highly motivated person who’s not afraid to ask questions.
- An independent self-starter; you don’t wait around too long looking for directions from others.
- Highly accountable; you take ownership, follow-through, meet deadlines, and care about the quality of your work product.
- A world-class communicator, or rapidly becoming one.
- Able to work collaboratively in a small team environment; willingness to “roll up your sleeves” and pitch in when and where necessary.
- Ready to work in a fast-paced environment and be part of an amazing team doing valuable work.
Who You Can Expect To Work With
Mike Martin
Standard Communities is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. All employment is decided on the basis of qualifications, merit, and business need.
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