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IMPROSYNERGIES

Asset Manager (LIHTC - Low Income Housing Tax Credit)

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What they do

A Tax Manager manages tax reporting and advises on tax planning for a company. Maintains current knowledge of federal, state and local tax codes and ensure that company tax filings are in compliance with the law. Manages tax accounting staff.

$166,323 / year median in Florida

+10% projected growth

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Job Description

Asset Manager (LIHTC - Low Income Housing Tax Credit)
IMPROSYNERGIES - 3.5
West Palm Beach, FL Job Details Full-time 9 hours ago Benefits Health insurance Dental insurance 401(k) Paid time off Vision insurance Life insurance Qualifications LIHTC Yardi Managing property portfolios Affordable housing management Bachelor's degree Cash management Portfolio management
Full Job Description Job Overview:
Successful Real Estate Investment/Development Company in Palm Beach, Florida with 30+ years of sustainable growth, is seeking an Asset Manager to oversee a portfolio of 30+ multifamily properties (3000 + units) including Market rate, Tax Credit & HAP projects throughout the states of Florida and Georgia. We are looking for a competent and dependable person with proven abilities to improve the cash flow and value of each site. A person must have a sense of urgency and accountability. This person will work very closely with the Ownership group and the respective Management Companies of the properties and provide asset management services including but not limited to following: Monthly Property Status Reports Quarterly Budget Review Summaries Monthly Cash Needs Reports Occupancy Reports & Financial Summaries Quarterly Physical Inspection Reports Medium and long-term strategies for properties Insurance renewal Claim management The ideal candidate will have the following experience: Proven abilities to improve cash flow and value of each site. Yardi accounting Software experience Be very proficient with excel and other software typically utilized in this role. Capable of working with a 3rd party management company and Ownership Group on a senior level. Able to prepare reports and analysis of various types and details as required for these types of communities. Have a thorough understanding of the laws and compliance rules with
LIHTC & HAP
properties and the various programs that are offered. Be able to travel as required by the position. Be able to review, analyze and understand a Balance Sheet and the various loan structures associated with LIHTC properties. Must have excellent written and verbal communication skills Must be Goal oriented
Benefits:
Health Insurance 401K Life Insurance Paid Vacation time off
Schedule:
Monday to Friday full time from Palm Beach Gardens office. Weekend availability.
Job Type:
Full-time Benefits:
401(k) Dental insurance Health insurance Paid time off Vision insurance Application Question(s): How many years have you worked as an Asset Manager managing
LIHTC & HAP
properties? Do you have proven abilities to improve cash flow and value of each site? Please explain how. How many years of Yardi Software experience do you have? Are you able to prepare reports and analysis of various types and details as required for
LIHTC & HAP
properties? As an Asset Manager have you managed 2500 + portfolio of Section 8 & LIHTC units for 5+ years? Tell us about a time when you found it difficult to work with someone. How did you handle that situation? Can you tell us about any skills or experience you have that might be helpful in this job? What motivates you to do a great job at work, other than the paycheck?
Education:
Bachelor's (Preferred)
Experience:
LIHTC:
5 years (Required) Ability to
Commute:
West Palm Beach, FL 33410 (Required)
Work Location:
In person