Senior Asset Manager (LIHTC)

MRI Software • $90K — $120K *

Cleveland, OH 44130In-Person

Real Estate & Construction

Less than 5 years of experience

More than 3 months ago

Job Overview by Ladders

Qualifications

Bachelor's Degree
Senior-Level Tax Expert with Limited LIHTC Asset Management
Significant Experience with Benefits Schedules
Strong analytical skills
Proficiency in financial analysis and spreadsheet modeling
Excellent organizational, communication, and analytical skills
Ability to manage conflicting priorities and thrive in a team-based environment

Responsibilities

Review and monitor operating reports and evaluate performance
Establish and communicate regularly with clients and stakeholders
Ensure integrity of asset information in management database
Assist in creating reports from the asset management database
Analyze annual audited financial statements and address issues
Inspect construction sites and evaluate payment requests for draw releases
Monitor construction progress and marketing efforts

Benefits

Employee-led groups for Diversity, Equity, and Inclusion
Medical coverage options and HSA benefits
Competitive 401k plan
Generous Parental Leave Program
20 days PTO, observed Holidays, and additional Flexi time
Tuition Reimbursement for professional development
Flexible work-from-home options for two weeks a year

Show MoreShow Less

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

Show MoreShow Less

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

Trust Real Estate Department Lead
$91K — $169K *
The PNC Financial Services Group, Inc
Cleveland, OH 44114 (CUYAHOGA County)
Reposted 2 weeks ago
Senior Trust Real Estate Asset Manager
$100K — $120K *
Huntington National Bank
Cleveland, OH 44130 (CUYAHOGA County)
2 weeks ago
Portfolio Manager CRE
$80K — $130K *
Raymond James Financial, Inc
Cleveland, OH 44130 (CUYAHOGA County)
Today

More Jobs at MRI Software

Project Manager
$70K — $95K *
Cleveland, OH 44130 (CUYAHOGA County)
Reposted 2 months ago
Information Technology
In-Person
Senior LIHTC Tax Manager, Asset Manager (LIHTC)
$110K — $130K *
Boston, MA 02115 (SUFFOLK County)
Reposted Yesterday
Real Estate & Construction
In-Person
Product Marketing Manager
$90K — $130K *
Atlanta, GA 30349 (FULTON County)
2 months ago
Real Estate & Construction
In-Person
Product Marketing Manager
$90K — $120K *
Cleveland, OH 44130 (CUYAHOGA County)
2 months ago
Enterprise Technology
In-Person
Sales Manager
$125K — $150K *
Remote
1 month ago
Real Estate & Construction
Remote

More Real Estate & Construction Jobs

Project Manager, Construction
$100K — $120K *
Barry-Wehmiller Companies, Inc.
Atlanta, GA 30349 (FULTON County)
Reposted 1 month ago
Sr Structural Engineer - Temporary Works - Kiewit Infrastructure Engineers
$110K — $165K *
Kiewit Corporation
Lone Tree, CO 80124 (DOUGLAS County)
Reposted 3 weeks ago
Project Manager - Electrical Contracting
$75K — $95K *
Tradesmen Electric
Battle Ground, WA 98604 (CLARK County)
Reposted 2 months ago
Superintendent - Commercial
$90K — $160K *
Chesapeake Contracting Group
Richmond, VA 23223 (RICHMOND CITY County)
Reposted 1 month ago
Civil Structural Engineer (Forensic Engineering)
$80K — $95K *
SEA, Ltd.
Fort Lauderdale, FL 33311 (BROWARD County)
Reposted 3 weeks ago