ZipRecruiter
Associate Vice President of Asset Management Operational
ZipRecruiter, Indianapolis, Indiana, us, 46262
Overview
About Us:
KCG Companies is a leading vertically integrated real estate development and construction firm specializing in the development of sustainable multifamily housing. Our commitment to quality, innovation, and affordable housing is at the core of everything we do.
Position Summary:
The Associate Vice President of Asset Management will report directly to our Senior Vice President of Asset Management. They will focus on the operational side of asset management.
Essential Duties and Responsibilities
Oversee, monitor, analyze, and report on operational and financial performance for the Stabilized portfolio including but not limited to; monitoring budgets (compared to actuals), cash collections, aged payables, and review occupancy levels as necessary
Evaluate property management performance as required.
Conduct all necessary site visits (including tracking those outsourced with third party management).
Work closely with third-party property managers to provide direction for and oversight of business plans, budgets, forecasts, leases, analysis, deferred maintenance, capital expenditure needs and approvals.
Maximize total return for each assigned asset through the analysis of property efficiencies and identifying opportunities for improved performance.
Evaluate and monitor LIHTC compliance and other risk factors quarterly, or as needed.
Review partnership agreements, regulatory agreements, financing documents and other sources to determine enforceability of terms, financing structures and constraints, as needed.
Monitor reserve balances and oversee requests for release of replacement and operating reserves.
Develop and distribute periodic reports to investors, consultants, and other partners.
Complete ad-hoc assignments and/or projects required by the Asset Management department.
Oversee and track offline units to ensure no risk to credits.
Knowledge and Qualifications
Bachelor's degree or equivalent work experience, ideally in Accounting, Finance, Business, and Real Estate, or a similar field.
6 years of relevant work experience, with LIHTC experience.
High attention to detail and strong analytical, time management and problem-solving abilities.
Ability to multitask efficiently in a fast-paced work environment.
Excellent verbal and written communication.
Exceptional proficiency with Microsoft Excel, Word, PowerPoint, and Outlook.
Ability and willingness to travel to sites for investor visits.
Work based out of the Indianapolis office.
Abilities
Excellent verbal and written communication skills.
Ability to collaborate with a team of professionals across various disciplines.
Professional and positive interaction with subordinates, peers, and supervisors.
Maintain a positive attitude and cooperative working relationship with all employees.
Ability to recognize and manage priorities.
Demonstrate good judgement in reporting and solving issues.
Exhibit a “Can Do” Attitude.
Function independently with minimal supervision while demonstrating good planning skills.
Ability to multi-task effectively.
Show initiative in taking on additional responsibilities as schedule allows.
KCG Values
Accountability - We don’t let others let us fail.
Collaboration - We support each other across departments.
Entrepreneurship - We work with an ownership mindset; own the work, the problem and the solution.
Commitment - We create dynamic communities and foster long-term relationships.
Transparency - We act responsibly and communicate authentically.
Competencies
Demonstrates knowledge of EEO policy
Shows respect and sensitivity for cultural
Values and promotes a harassment-free environment.
Treats people with respect and keeps commitments
Inspires the trust of others
Works with integrity and ethically
Upholds organizational values.
Benefits
Be part of a team that is focused on values and committed to building better lives through better communities.
Grow in your career with our development opportunities.
Thrive in our collaborative and inclusive work environment.
Enjoy our industry-leading benefits package and competitive compensation.
Know that your work makes a positive impact on the lives of those in our communities.
EEOC Statement: All employment decisions at KCG Companies are based on business needs, job requirements, and individual qualifications. Qualified candidates are recruited without regard to , , , , , and .
Please note that we do not accept unsolicited submissions from recruitment agencies. Any unsolicited resumes or candidate profiles submitted without prior agreement from our HR team will be considered as the property of KCG Companies, and we reserve the right to pursue and hire those candidates without any obligation to any third-party recruiter or agency.
#J-18808-Ljbffr
KCG Companies is a leading vertically integrated real estate development and construction firm specializing in the development of sustainable multifamily housing. Our commitment to quality, innovation, and affordable housing is at the core of everything we do.
Position Summary:
The Associate Vice President of Asset Management will report directly to our Senior Vice President of Asset Management. They will focus on the operational side of asset management.
Essential Duties and Responsibilities
Oversee, monitor, analyze, and report on operational and financial performance for the Stabilized portfolio including but not limited to; monitoring budgets (compared to actuals), cash collections, aged payables, and review occupancy levels as necessary
Evaluate property management performance as required.
Conduct all necessary site visits (including tracking those outsourced with third party management).
Work closely with third-party property managers to provide direction for and oversight of business plans, budgets, forecasts, leases, analysis, deferred maintenance, capital expenditure needs and approvals.
Maximize total return for each assigned asset through the analysis of property efficiencies and identifying opportunities for improved performance.
Evaluate and monitor LIHTC compliance and other risk factors quarterly, or as needed.
Review partnership agreements, regulatory agreements, financing documents and other sources to determine enforceability of terms, financing structures and constraints, as needed.
Monitor reserve balances and oversee requests for release of replacement and operating reserves.
Develop and distribute periodic reports to investors, consultants, and other partners.
Complete ad-hoc assignments and/or projects required by the Asset Management department.
Oversee and track offline units to ensure no risk to credits.
Knowledge and Qualifications
Bachelor's degree or equivalent work experience, ideally in Accounting, Finance, Business, and Real Estate, or a similar field.
6 years of relevant work experience, with LIHTC experience.
High attention to detail and strong analytical, time management and problem-solving abilities.
Ability to multitask efficiently in a fast-paced work environment.
Excellent verbal and written communication.
Exceptional proficiency with Microsoft Excel, Word, PowerPoint, and Outlook.
Ability and willingness to travel to sites for investor visits.
Work based out of the Indianapolis office.
Abilities
Excellent verbal and written communication skills.
Ability to collaborate with a team of professionals across various disciplines.
Professional and positive interaction with subordinates, peers, and supervisors.
Maintain a positive attitude and cooperative working relationship with all employees.
Ability to recognize and manage priorities.
Demonstrate good judgement in reporting and solving issues.
Exhibit a “Can Do” Attitude.
Function independently with minimal supervision while demonstrating good planning skills.
Ability to multi-task effectively.
Show initiative in taking on additional responsibilities as schedule allows.
KCG Values
Accountability - We don’t let others let us fail.
Collaboration - We support each other across departments.
Entrepreneurship - We work with an ownership mindset; own the work, the problem and the solution.
Commitment - We create dynamic communities and foster long-term relationships.
Transparency - We act responsibly and communicate authentically.
Competencies
Demonstrates knowledge of EEO policy
Shows respect and sensitivity for cultural
Values and promotes a harassment-free environment.
Treats people with respect and keeps commitments
Inspires the trust of others
Works with integrity and ethically
Upholds organizational values.
Benefits
Be part of a team that is focused on values and committed to building better lives through better communities.
Grow in your career with our development opportunities.
Thrive in our collaborative and inclusive work environment.
Enjoy our industry-leading benefits package and competitive compensation.
Know that your work makes a positive impact on the lives of those in our communities.
EEOC Statement: All employment decisions at KCG Companies are based on business needs, job requirements, and individual qualifications. Qualified candidates are recruited without regard to , , , , , and .
Please note that we do not accept unsolicited submissions from recruitment agencies. Any unsolicited resumes or candidate profiles submitted without prior agreement from our HR team will be considered as the property of KCG Companies, and we reserve the right to pursue and hire those candidates without any obligation to any third-party recruiter or agency.
#J-18808-Ljbffr