Asset Manager /Compliance Manager

Company: Westhab
Location: Yonkers
Posted on: March 20, 2023

Job Description:

JOB DESCRIPTIONJOB TITLE: Asset Manager/Compliance ManagerFLSA: ExemptDIVISION: Asset ManagementREPORTS TO: AVP, Property and Asset Management SALARY: $70,000.00 - $80,000.00LOCATION: Yonkers, NYSUMMARY:TheReal Estate Asset Managerand Compliance provides support to the AVP in overseeing the health and compliance of a portfolio of 600+ affordable and permanent supportive housing units. This role provides oversight to all compliance matters related to our properties, and closely monitors the fiscal and regulatory compliance aspects in conjunction with the AVP.DUTIES & RESPONSIBILITIES:

• Analyze operating reports, rent rolls, vacancy, collections and arrears reporting for permanent housing portfolio.
• Assist in the preparation of annual compliance audits for lenders, syndicators and outside agencies.
• Prepare and review monthly and quarterly reporting for investors, government agencies and internal reporting.
• Prepare and analyze annual income expense reporting to identify trends and assist with underwriting new projects.
• Assist with annual real estate tax filings, as well as real estate tax abatement applications and grievances.
• Assist with repositioning assets, i.e. refinancing, year 15 exits, etc.
• Prepare revenue budgets for properties, and work with finance to analyze expenses.
• Respond to financial inquiries from banks, loan servicers, tax credit syndicators, and regulatory agencies.
• Work with finance and the facilities department on capital expenditure budgets.
• Ensure that property management department is incompliance with rent collection, leasing and regulatory agreements, and make recommendations for improvement in tracking.
• Coordinate activities/projects in conjunction with Property Managers and ensure timely completion on all tasks.
• Other duties as assigned.EXPERIENCE, EDUCATION AND SPECIAL REQUIREMENTS:Bachelor's degree required with three or more years of experience in finance, property management or asset management. Affordable housing/LIHTC compliance experience a plus. Candidate must have excellent computer and phone skills and be proficient in Excel, PowerPoint, and Word. Strong organizational, planning and time management skills are crucial to success in this role.AGENCY PROFILE & EMPLOYEE EXPECTATIONS:Westhab is a prominent community development organization, providing housing and supportive services for more than 10,000 of the most vulnerable members of our community each year. We are staffed by an extraordinary group of hard-working professionals that are fully committed to our mission - Building Communities. Changing Lives. Working at Westhab is not easy. Our expectations for all staff are high. We believe that the people and the communities that we have the privilege to serve deserve our very best every day. We are a results-driven organization that focuses on empowerment and impact. If you want to apply for this opportunity, it should only be because you feel ready for the challenges and expectations that come with joining this kind of team. (EOE)OCCUPATIONAL SAFETY AND HEALTH ADMINISTRATION (OSHA):The Occupational Safety and Health Administration (OSHA) ensures safe and healthful working conditions to workers by setting and enforcing standards and by providing training, outreach, education and assistance. Westhab complies with all applicableOSHAstandards, rules and regulations in addition to keeping our workplaces free of serious recognized hazards.

Keywords: Westhab, Yonkers , Asset Manager /Compliance Manager, Accounting, Auditing , Yonkers, New York