Real Estate Asset Manager Job at RESOURCE HOUSING GROUP INC, Atlanta, GA

T2U1TFhUY1AzdENDa3N5WFc2bFp4b3VFTnc9PQ==
  • RESOURCE HOUSING GROUP INC
  • Atlanta, GA

Job 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

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

· Provide monthly budget variance commentary on all assigned projects to the internal management team.

· 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.

· Assist with the year-end financial audit review to ensure accuracy of the accounting data.

· Maintain and update project summary data and financials MRI internal reporting software.

· Work closely with Property Management, Asset Management and Development.

· Carry out periodic on-site inspection property visits to evaluate the physical condition of property. Provide feedback to the Property Manager as needed.

· In conjunction with third party property management team, develop preventative maintenance program, monitor its implementation, and conduct property inspections.

· Identification and analysis of under-performing assets, and preparation and implementation of proactive operational work-out strategies.

· Review and evaluate rent structure for each property based on market analysis and ownership objectives.

· Maintain and track reporting requirements for all syndicators, investors, and financial institutions.

· Review Insurance Requirements; work with broker on obtaining new policies, and review of renewals. Open claims as needed.

· Review Property Tax assessments and submit appeals if needed.

· Perform other duties as assigned by CFO or other senior management staff.

· Keep senior management regularly informed regarding the asset performance.

Qualifications

· Four-year college degree in Accounting or Finance or related field

· Proficiency in Microsoft Office (proficient in Excel & Word)

Essential Skills

· Self-motivated with the ability to prioritize and multi-task in an environment of multiple responsibilities

· Deadline driven with a high degree of energy and enthusiasm

· Detail – Oriented

· Some experience with physical property experience

· LIHTC experience (Plus)

Job Tags

Similar Jobs

52TEN

Regional Property Manager Job at 52TEN

 ...for excellence. Our culture of support ensures that youre always surrounded by top-tier talent with a shared vision. Regional Property Manager Role 52TEN owns multiple manufactured housing communities across the country and our newest Regional Property Manager will... 

Concorde Education

Drone Piloting Instructor , Part Time, In Person Job at Concorde Education

 ...Job Title: Drone Piloting Instructor General Responsibilities: Under the supervision of the Director of Educational Development, plans and facilitates drone piloting lessons aimed at preparing students for the Part 107 exam. Major Duties: Meets regularly... 

GreenXT

Junior Computer Engineer Job at GreenXT

Junior Computer Engineer Location Philadelphia, PA (Marconi Plaza-Packer Park area) : GreenXT is seeking Junior Level Computer Engineers to support their Navy customer in the areas of Cybersecure Hull, Mechanical, and Electrical (HM&E) Control Systems and Networks.... 

Danbury Senior Living

Resident Care Companion and STNA (Part Time or Full Time) Job at Danbury Senior Living

 ...clock in at a job. You walk in the door to a work family who wants to make the day count. We...  ...are currently seeking applicants for full time, 12 hour shift Resident Care Companion and...  ...BonusesTrainingBonusesWe offer a great PART TIME perks package too!Perks:Worked... 

Victoria Logistics Carrier LLC

12-16 Ft. Box Truck Owner Operator Job at Victoria Logistics Carrier LLC

 ...Hello, guys! We are hiring Box trucks owner-operators for our company VICTORIA LOGISTICS CARRIER. We work within an independent contract agreement and offer very competitive rates. You can always negotiate the rate with our dispatchers as well. ~ A large number...