Asset Manager - Portfolio Compliance Associate - Full-Time

Victory Housing Corporate Office
Rockville, MD
Jul 28, 2022
Aug 12, 2022
Full Time
Affordable Housing:Rockville, MarylandAt Victory Housing, Inc. (VHI), we provide housing opportunities for low- and moderate- income seniors and families. As the nonprofit, housing development arm of the Archdiocese of Washington, we have served our mission of providing affordable housing and assisted living for over 40 years. We accomplish this mission in Washington, DC and the Maryland counties of Calvert, Charles, Montgomery, Prince George's and St. Mary's. We have created over 34 affordable and mixed-income communities with over 2,500 units throughout DC and Maryland and invite you to consider joining our team and help us sustain our mission and our communities. We are looking for an Asset Manager - Portfolio Compliance Associate to contribute to our team and work with internal and external partners to complete annual portfolio performance and compliance requirements. This work is essential to ensure that our properties can maintain outstanding physical condition and deliver excellent service to our community residents and the communities at large. You will help us continue to create and maintain well-managed, sustainable housing. By working with our financier and government partners, you will help us ensure that every community remains in compliance with various federal, state, and local requirements. The Asset Manager - Portfolio Compliance Associate reports to the Director of Asset Management. This role will have primary responsibility for completing annual multifamily portfolio partnership, administrative developer and other fee reconciliations and supporting all routine audit and compliance functions for the multifamily portfolio, working with and submitting reports to government, financial and audit partners. The Asset Manager - Portfolio Compliance Associate will also perform routine and ad hoc reporting and analyses, assist in tracking reporting schedules and complete other duties as assigned, including supporting quarterly and annual reporting to the board of directors and the Archdiocese. Ability to meet deadlines, organize and maintain records, and provide clear communication are key attributes for success in this position. Additionally, the Asset Manager - Portfolio Compliance Associate will have the opportunity to work closely with our Finance, Accounting and Administrative and Real Estate Development teams.Specific duties and responsibilities include the following:* Complete and communicate multifamily portfolio partnership, administrative developer and other fee reconciliations. * Work with Finance, Accounting and Administrative Services, Real Estate Development and Assisted Living to satisfy compliance requirements and perform compliance, reporting to investors and government. Scan, file, and distribute audits, tax and personal property returns, licenses, reports and other financial property information as needed.* As part of annual audit process, work with the auditors and the Accounting and Administrative Services team to support the annual reporting of operating statements, budgets, rent rolls, and property expenditures for effective property operations, report on findings and confer with colleagues regarding appropriate actions.* Support the timely completion of quarterly and annual board and Archdiocese reports. Create other reports and analyses as directed and as needed.* Maintain systems to track reporting requirements and deadlines, property information and statistics.* Occasionally assist the Director of Asset Management with various portfolio tasks as assigned, including occasional evaluation of refinance and acquisition opportunities.* Collaborate with the Finance, Accounting and Administrative Services and Real Estate Development teams to complete annual audits and to ensure and facilitate communication with respect to portfolio and individual property finance and compliance status. * Perform other duties as assigned.Qualifications:* Bachelor's degree required, Masters preferred, preferably with focus on real estate accounting, finance, or related fields. Familiarity with general accounting principles through education and/or work experience is preferred.* 5-10 years of experience, preferably in affordable housing real estate, eg, at LIHTC syndicator or developer, multifamily asset management, finance or compliance, preferred* Strong writing and presentation skills, with the ability to analyze data and present information* Ability to work both independently and on a team, as well as to multi-task and meet deadlines* Proficiency with Microsoft Excel, Word, Outlook, PowerPoint, Teams; Yardi and Smartsheet also helpful* Strong communication skills* Able to work in office or remote environmentsOther:Competitive compensation commensurate with experience, and strong benefits, including 403(b) match, free parking, on site fitness center and flexible working arrangements. Must be fully vaccinated and boosted for Covid-19, as well as willing and able to comply with various measures recommended for public health purposes, such as using a mask and practicing social distancing. Victory Housing, Inc. is an Equal Opportunity Employer committed to providing an inclusive work environment for staff, clients, volunteers, and service partners. All applicants will be considered for employment without attention to race, color, religion, age, sex, sexual orientation, gender identity, national origin, veteran, or disability status. Interested candidates should apply at