Asset Manager

At Mercy Housing, your work helps create homes, hope, and opportunity. We are a mission-driven organization guided by mercy, justice, and respect, committed to empowering residents while supporting the personal and professional growth of our team. Together, we build affordable housing and inclusive communities that transform lives. The Asset Manager will review, approve, and monitor annual property management budgets. Identify and manage properties on the watch list/critical list. Manage construction draws on small scale capital improvement projects for properties in assigned portfolio. Create and update asset business plans focused on identifying and mitigating property related risk. Manage capital needs assessments and develop capital plans.

Pay:

$95,000-110,000 annually, dependent on experience. This is a hybrid position, with approximately one day per week expected in office. Benefits Several Healthcare plans to choose from, dental (includes adult and child orthodontia) and vision 15 days of earned PTO your first year, 12 company holidays + 2 floating holidays. 403b + match Early close Fridays (3 paid hours each Friday) Early close prior to a holiday (3 paid hours) Paid Time off between Christmas and New Year's Holiday Paid Volunteer Time Paid Parental Leave and Care Giver Leave Paid Life Insurance Free Employee Assistance Plan Free Basic Dental Pet Insurance options Duties Prepare an annual asset business plan. Create plan for strategies, financial goals, and physical condition, also a five-year plan for each property in the portfolio. Review and recommend annual budget on behalf of the owner, review and approve the annual operating budget for each property in the portfolio as recommended by the property management company. Plan for capital needs. Conduct annual site inspection to evaluate physical condition, operations, and current market conditions. Monitor portfolio to ensure achievement of targeted financial results per approved annual asset business plan and budget. Create strategies for properties operating below budget. Manage risk through prompt resolution of life/safety issues, compliance with Fair Housing, OSHA, IRS, and other regulatory requirements; monitor for any liability issues that could harm the Owner. Promptly report threatened or pending legal action. Ensure that all lender and investor regulatory requirements are met. Other duties as assigned. Minimum Qualifications Minimum of three years of financial analysis or accounting experience. Advanced proficiency in MS Office suite. Preferred Qualifications Bachelor's degree in real estate, finance, business, or related field. Affordable housing or multi-family real estate experience. Experience with property management software (Yardi preferred).

Visit https:

//www.mercyhousing.org/ or LinkedIn to learn more about our work. Mercy Housing is a fair chance employer; while we conduct background checks for all positions, we will consider qualified applicants with arrest and conviction records. Equal Opportunity Employer This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.