Description
AppleOne is proud to present:
Affordable Housing organization located in West Los Angeles is looking to hire a Jr. Asset Manager. Someone who has 1-3 years experience is HIGHLY desirable. Salary: $85,000.
DUTIES:
- Must be proficient in MS office products (Word, Excel, Outlook)
- Experience with industry applications, specifically Yardi.
- Bachelor’s degree is preferred in Business, Finance, Accounting, or related field
- Knowledge of Low-Income Housing Tax Credit (LIHTC)
- Familiarity with the concepts of real estate funding sources, debt, grants, capital contributions, subsidies
Primary Responsibilities
- Perform review of monthly property operating reports including key performance indicators and budget variance analysis.
- Coordinate with other departments, outside partners, and property managers to ensure timely/accurate reporting and compliance with the regulatory agreements and in some cases to produce such reports.
- Coordinate and/or produce annual/quarterly GP certifications.
- Respond to ad hoc investor, partner, lender, or internal requests for portfolio information.
- Review, manage, and approve annual budgets.
- Monitor the construction timelines and stabilization period of new projects in the assigned portfolio.
- Provide project management support for tax credit, construction, and permanent financing applications.
- Perform operating project site visits: identify, prioritize, follow-up on project issues, work with partners to resolve issues.
- Review and interpret agency regulatory agreements.
- Provide support in the year end tax return and audit process through operating variance analysis, year over year change analysis.
- Assist with the transition of development projects to operating, documentation of all key deal agreements.
- Oversee and monitor the vacancy of each project in the assigned portfolio.
- Monitor weekly rental collections for projects with Permanent Supportive Services and rental assistance funding partners.
- Participate in collaborative periodic calls between Property management and Supportive Services.
- Perform other duties as assigned.
If this sounds like a great opportunity, please apply today!!
Equal Opportunity Employer / Disabled / Protected Veterans
The Know Your Rights poster is available here:
https://www.eeoc.gov/sites/default/files/2023-06/22-088_EEOC_KnowYourRights6.12.pdf
The pay transparency policy is available here:
https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp_%20English_formattedESQA508c.pdf
For temporary assignments lasting 13 weeks or longer, the Company is pleased to offer major medical, dental, vision, 401k and any statutory sick pay where required.
We are committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please contact your staffing representative who will reach out to our HR team.
AppleOne participates in the E-Verify program in certain locations as required by law. Learn more about the E-Verify program.
https://e-verify.uscis.gov/web/media/resourcesContents/E-Verify_Participation_Poster_ES.pdf
We also consider for employment qualified applicants regardless of criminal histories, consistent with legal requirements, including, if applicable, the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance. Pursuant to applicable state and municipal Fair Chance Laws and Ordinances, we will consider for employment-qualified applicants with arrest and conviction records, including, if applicable, the San Francisco Fair Chance Ordinance. For Los Angeles, CA applicants: Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.
#1013
Experienced (Non-Manager)