MRI Software

Senior Asset Manager (LIHTC)

MRI Software • $90K — $130K *
Boston, MA 02115In-Person
Real Estate & Construction
Less than 5 years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • Bachelor's Degree
  • Senior-Level Tax Expert with Limited LIHTC Asset Management experience
  • Significant experience with Benefits Schedules
  • Strong analytical skills
  • Proficient in financial analysis and spreadsheet modeling
  • Skilled in MS Excel and Word
  • Excellent organizational and communication skills
  • Ability to work collaboratively in a dynamic environment
  • Flexibility to manage conflicting priorities

Responsibilities

  • Review and monitor monthly or quarterly operating reports and evaluate performance
  • Establish and maintain client relationships, communicating regularly with stakeholders
  • Ensure timely collection and integrity of asset information in Asset Management database
  • Assist in creating reports from Asset Management database, including written specifications and testing
  • Analyze annual audited financial statements and address issues with general partners
  • Examine operating partnership tax returns to resolve problems
  • Inspect construction sites and assess payment draw requests
  • Monitor construction and lease-up progress, evaluating marketing efforts
  • Conduct site visits to assess property management, marketability, and compliance
  • Analyze local market conditions and competition
  • Respond to client inquiries through informal interactions and formal presentations

Benefits

  • Participate in employee-led groups focused on Diversity, Equity and Inclusion
  • Comprehensive medical coverage options, including HSA benefit
  • Competitive 401k plan to support future financial stability
  • Generous Parental Leave Program for quality family time
  • 20 days PTO plus holidays and 15 hours of 'Flexi' time annually
  • Tuition Reimbursement for professional development
  • Work remotely from anywhere in the world for two weeks a year
Full Job Description
The Role:
Work as part of a cross-functional team to protect and increase asset value - including both tax benefits and cash flow -- on behalf of clients as part of MRI Asset Management Services formerly known as TCAM. Develop and maintain strong relationships with clients, general partners, lenders, government agencies, investors and property managers. Understand partnership, financing and tax matters, as well as real estate issues at the operating partnership level.

You Will:
  • Review and monitor monthly or quarterly operating reports and evaluate performance.
  • Establish relationships and communicate regularly with the client and others involved in the specific assets, including syndicators, lenders, management agents and government officials.
  • Ensure the timely receipt and integrity of asset information collected and stored in Asset Management database.
  • Assist with the creation of reports from Asset Management database including written specifications and pre-production testing.
  • Analyze annual audited financial statements and follow-up with the general partner/borrower on any issues identified.
  • Analyze operating partnership tax returns and work with the general partner and accountants to resolve problems.
  • Inspect construction sites and evaluate construction draw requests for payment release.
  • Monitor construction and lease-up progress, including management's marketing efforts.
  • Conduct site visits to evaluate property management, property marketability and market positioning, management plan, and physical condition of properties. Review tenant files and evaluate compliance with Section 42 requirements.
  • Analyze local market conditions and competition.
  • Respond to client requests for information through informal interactions and formal presentations.


You Have:
  • Bachelor's Degree
  • Senior-Level Tax Expert with Limited LIHTC (Low-Income Housing Tax Credit) Asset Management
  • Significant Experience with Benefits Schedules
  • Strong analytical skills
  • Proficiency in financial analysis and spreadsheet modeling
  • MS Excel and Word proficient
  • Excellent organizational, communication, and analytical skills
  • Ability to work well with others and thrive in a collaborative, team-based, dynamic environment - pitching in wherever needed to achieve team goals.
  • Flexibility and ability to manage conflicting priorities.


We're obsessed with making this the best job you've ever had!

We want our teams to love working here, so we've created some incredible perks for you to enjoy:
  • Join our employee-led groups to maximize your experience at work such as our Diversity, Equity and Inclusion committee, employee resource groups such as Women and Allies, and our Pride Event Group
  • Enjoy peace of mind over yours and your family's health with our medical coverage options and HSA benefit
  • Invest in our competitive 401k plan and help set you up for your future
  • Big on family? So are we! We understand family is important and being able to spend quality time with your family is a wonderful experience. Our Parental Leave Program is designed to give you the opportunity to spend even more time with your new arrival(s)
  • Enjoy a fantastic work-life balance with 20 days PTO plus observed Holidays, plus 15 hours of 'Flexi' time a year
  • Further your professional development and growth with our generous Tuition Reimbursement offerings
  • Enjoy the flexibility of working from anywhere in the world for two weeks out of the year


About MRI Software

MRI Software is a leading provider of innovative real estate software applications and hosted solutions. MRI's comprehensive and flexible technology platform coupled with an open and connected ecosystem meets the unique needs of real estate businesses?from property-level management and accounting to investment modeling and analytics for the global commercial and residential markets. MRI Software is headquartered in Solon, Ohio, with offices in Australia, Canada, Hong Kong, India, Ireland, New Zealand, Singapore, South Africa, the United Kingdom, and the United States.
Learn more about MRI Software
Size
2,000 employees
Industry
Business Services
* Ladders Estimates

Similar Jobs

Ad banner background

Get Ready For Your
Next Interview

More Jobs at MRI Software

More Real Estate & Construction Jobs

Find similar Senior Asset Manager (LIHTC) jobs:

NationwideBoston, MA