Asset Manager responsible for managing the financial health of EAH properties. Ensuring compliance with lenders, investors, and regulatory agencies in Honolulu, HI.
Responsibilities
Ensure the long-term financial and physical health of EAH properties
Review and analyze the portfolio against benchmark performance
Develop corrective action plans for Watch List property issues
Monitor budget-to-actual variances
Communicate issues and proposed solutions to various departments
Acts as primary contact for lenders, investors, and regulatory agencies for budget approvals
Submit monthly, quarterly, and annual reporting as required
Analyze budgets against EAH benchmarks and goals
Work with Compliance Director to confirm Maximum Rent
Review budgets and participate in budget review meetings
Submit all reserve draw requests
Manage LIHTC capital accounts
Provides enhanced review and analysis of Watch List properties
Monitor properties moving into operations
Prepare DCR worksheets for perm loan closing
Complete Asset Management Plans and summary reports
Maintain and update fields and information in MRI
Requirements
Bachelor’s degree or equivalent combination of education/training/experience
3 - 5 years in affordable housing
1+ years reporting to and working with agencies such as HUD, TCAC, CHFA, HOME, USRDA, HCD, RHCP, and investors
Knowledge of YARDI & MRI Accounting and/or Finance Education
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