Head of Asset Oversight

1 week ago


Doral, Florida, United States Macdonald & Company Full time

Overview:

Macdonald & Company is seeking a Director of Asset Management to oversee our extensive portfolio of affordable housing. This role will involve significant collaboration with third-party property management teams and will be pivotal in enhancing asset performance and executing strategic business plans.

Key Responsibilities:

  • Drive asset performance by developing and implementing strategic asset management plans, focusing on property cash flow and overseeing major repairs and capital improvements.
  • Gain a comprehensive understanding of each property’s unique challenges, assess the execution of strategic initiatives, and identify areas for operational enhancement.
  • Build and maintain strong relationships with operating partners to address challenges proactively and communicate effectively with stakeholders.
  • Review and ensure the accuracy of monthly and quarterly financial statements against budgetary expectations.
  • Lead the creation and management of annual operating and capital budgets.
  • Collaborate with the Compliance team to monitor adherence to regulatory requirements across various government programs.
  • Manage partnership agreements, loan documents, and other property-related contracts.
  • Facilitate communication and manage inquiries from investors, lenders, and governmental bodies.
  • Support Construction Services and Acquisitions teams with coordination and communication as necessary.
  • Conduct regular physical inspections of properties and analyze competitive market conditions.

Qualifications:

  • Bachelor's degree in Business, Finance, Real Estate, or a related field is required.
  • 3-5 years of experience in real estate asset management and finance.
  • Operational experience in financial reporting and managing equity investments in affordable housing.
  • Strong analytical abilities to assess complex data and propose actionable solutions.
  • Excellent communication and presentation skills for effective collaboration with diverse partners and agencies.
  • Demonstrated ambition and a history of professional growth.
  • Exceptional organizational skills with the ability to prioritize tasks and communicate clearly.
  • A proactive approach with a strong sense of urgency to meet deadlines.
  • Proficiency in Microsoft Excel and Word.
  • Willingness to travel as required.


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