DIRECTOR ASSET MANAGEMENT - AFFORDABLE HOUSING NORTHEAST (Rochester, NY or Philadelphia PA)

Rochester, NY

Job Type

Full-time

Description

About Conifer:

Conifer Realty, LLC is a dynamic, vertically integrated organization that creates and manages high-quality affordable and work-force housing. Conifer is devoted to growth, to innovation and being a best -in -class developer.

Conifer has a 45-year investment and development history with over 15,000 units owned and managed today. Along with its affiliate, Conifer is one of the Top 20 owners in the nation. We currently have an East Coast portfolio and are looking to rapidly expand. At the heart of Conifer is an experienced team of more than 500 highly skilled and passionate professionals. The team’s demonstrated entrepreneurial spirit has secured our leadership role in the affordable housing industry.

Visit Conifer's website to understand our history, mission, and values at link:https://coniferllc.com/

GENERAL DESCRIPTION

Under the guidance and supervision of the Vice President of Asset Management, the Director - Asset Management is responsible for overseeing a team of asset managers through maximizing property performance and driving portfolio analytics. Additionally, this person will be responsible for developing policies and process that dictate those key functions.

JOB DESCRIPTION

• Conduct comprehensive asset performance analysis to inform strategic decisions to senior management

• Provide leadership and direction to the asset management team, fostering an environment of continuous improvement and professional development

• Monitor key market trends and legislative changes to capitalize on opportunities and ensure strategic direction of the portfolio

• Prepare detailed reports and presentations for executive management on asset performance, new opportunities, and asset utilization strategies

• Manage cash flow models and workout strategies for underperforming assets or “watchlist” properties

• Oversee team to drive budget process, ensuring timely completion and accurate forecasting utilizing analytics

• Key knowledge of operating agreements and management entities to properly understand ownership structures as to be maximize cash flow for investors

• Assist property management staff in decisions that affect the asset’s long-term performance and to understand its relationship to established goals and budgets

• Work with property management staff to ensure that the potential of the property’s value and benefit to Conifer is maximized

• Coordinate and oversee monthly/quarterly financial review of portfolio with asset management team

• Visit assigned sites and participated in site audits, as requested

• Work with Property Finance in evaluation of possible refinancing, disposition or change of use of assigned properties

• Foster relationship with lenders and investors to best communicate Conifer’s initiatives and investment plans

• Participate in periodic review meetings for projects transitioning from Development to Operations

• Assist with due diligence on potential acquisition opportunities

• Conduct financial analysis, modeling, and portfolio stress testing, as needed

• Other special projects and job-related duties, as assigned

  EXPERIENCE

• Prior experience in Multi-family Real Estate preferred

• Affordable housing experience preferred

• Minimum 6-10 years of relevant Asset Management experience with demonstrated institutional analytical and quantitative skills, ideally within multi-family real estate

• Minimum 3+ years managing a team in a demonstrated leadership capacity preferred

EDUCATION

• Bachelor’s degree in accounting or finance

• Master’s Degree preferred

REQUIREMENTS

• Accounting, Financial Analysis and Budgeting Skills

• Yardi Voyager or equivalent housing software preferred

• Proficiency with MS Office (Word, Excel, Outlook, SharePoint)

• Understanding of Business Intelligence (BI) platforms a plus

• Adaptable; flexible to multi-task several projects at one time

• Excellent business judgment, professionalism, and practices to handle day-to-day matters.

• Demonstrated strong analytical skills and financial modeling experience

• Travel to specific Conifer sites and HQ required.

Conifer Realty is a professional, service-oriented organization offering a competitive compensation package commensurate with experience, along with excellent benefits that include ongoing training and development, 13 holidays, 15 days paid time off, 401K with company match, medical, HSA, dependent care Flex account, dental, vision; company-paid life, short and long-term disability insurances; and a wellness program.

The salary range for this position is $130,000.00-$150,000.00. The actual compensation may vary depending on a wide range of factors, including experience, skills, qualifications, certifications, location, etc. This range does not include additional forms of compensation such as bonuses.

APPLY TODAY via our website link:http://www.careersatconifer.comcomplete our application process and attach your resume. You will hear directly from the hiring manager on next steps in the process. Thank you for your interest in joining the Conifer Team!

Conifer Realty LLC is an Equal Opportunity Employer and does not discriminate on the basis of any legally protected status or characteristic. Minority/Female/Sexual Orientation/Gender Identity/Disability/Veteran.