Asset Manager

Asset Manager Location: Wallick Communities Corporate Office (New Albany, OH) Job Type: Full-Time About Wallick Communities Wallick Communities, an employee-owned company, gives low-income families and senior citizens a place called “home” – thanks to five decades of experience in developing, building, managing, and overseeing affordable multi-family housing and assisted-living communities across the mid-west. Key Facts 55 years serving our communities 20,000+ residents call our community’s home 5 states and growing Employee owned with 1000+ associates Wallick Mission Opening doors to homes, opportunity, and hope. Wallick Values Care Character Collaboration Wallick’s employee stock ownership plan (ESOP) allows you to be a shareholder and benefit from our company’s profitability. As an employee-owner, you can enjoy a valuable source of retirement income and feel more invested in our mission. Join us and become a partner in creating communities. The work – How you will contribute In accordance with the Wallick Mission and Values, act as the Owners’ representative to ensure the asset meets financial and compliance commitments, monitors long-term viability, and creates value through strategic decisions. This role will manage about 30 properties, ensuring sustainability over time. Essential Functions and Responsibilities Review and approve annual strategic, operation and financial plans and budgets for the portfolio with Affordable Housing Operations. Review and approve audit reports and tax returns for assigned portfolio which includes a combination of subsidized and tax credit properties. Understand partnership documents and loan documents as they relate to all aspects of the asset. Calculate annual cash flow distributions for the Wallick owned portfolio. Meet regularly with Affordable Housing Operations to discuss operating results, variances to budget and strategize on opportunities for property performance improvement. Analyze business operations, trends, expenses, revenue, and financial commitments to project future revenue and expenses. Create plans, set goals, and measure results for troubled assets. About You You have a bachelor's degree in finance or a related field, and 3 or more years of experience in an asset management or similar role within the multi-family real estate industry. An intermediate understanding of accounting and finance is required. A basic knowledge of applicable laws and regulations governing public housing is a plus. Should be familiar with some type of automated accounting software, in addition to Microsoft Office software. Must possess the ability to read and analyze financial reports and other accounting data. Must be able to respond to inquiries from assigned properties and co-workers. Must possess the ability to effectively present information to management. Must possess the ability to apply advanced mathematical concepts and operations to tasks. Make complex decisions requiring some judgment. Decisions may affect internal departments and/or assigned properties. Benefits Employee Stock Ownership Plan Pay on demand (access your money as you earn it) Up to 8 weeks of Paid Parental Leave Paid time off, Holiday pay, and Gift of Time Health, Dental and Vision insurance effective within 2 weeks Gym membership or fitness equipment reimbursement Company paid life and long-term disability insurance Voluntary life, short-term disability, accident, critical illness, and hospital indemnity coverage 401(k) with a 3.5% company match Tuition reimbursement Pet insurance Working At Wallick Communities Diversity, equity, inclusion, plus belonging. Four impactful words. One powerful and transformative journey. Here at Wallick, we know that when we invest in the equity of each group, all groups benefit. It’s not about one person, one idea, nor any one action. It’s about what we can accomplish together. Join us and work towards creating an inclusive and diverse workforce experience at Wallick. We are an equal opportunity employer. Candidates must successfully pass a pre-employment drug screen and background check. #J-18808-Ljbffr