Senior Asset Manager - Property Management

Mayfair Management Group

$90K — $120K *
Real Estate & Construction
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of proven property management experience
  • Strong financial acumen with budgeting and reporting skills
  • Excellent communication and interpersonal skills
  • Ability to collaborate effectively with diverse stakeholders
  • Creative problem-solving capabilities
  • Highly organized with attention to detail
  • Proficient in financial software and reporting tools

Responsibilities

  • Coordinate monthly financial reports with the accounting team
  • Prepare and submit bid packages with recommendations to the Owner
  • Develop and manage annual operating budgets effectively
  • Approve significant expenditures exceeding regional authority
  • Facilitate loan closing documentation for partnership and permanent loans
  • Provide clear responses to lender and investor inquiries on financial statements
  • Collaborate with energy consultants to manage energy rates

Benefits

  • Flexible work hours including possible weekends and overtime
  • Opportunity to engage with lenders and government agencies
  • Dynamic work environment with varied responsibilities
  • Chance to lead financial oversight and asset management projects
  • Professional development and constructive feedback culture
Full Job Description
Senior Asset Manager - Property Management

SUMMARY: Functions as the owner representative and provides general financial oversight for the management of the property. The Asset Manager performs the following duties.

ESSENTIAL DUTIES AND RESPONSIBILITIES: are listed below and will always include those specifically assigned by the immediate supervisor.

Coordinate with accounting monthly Owner financial letter and variance report detailing operational anomalies

Submit to Owner bid package detailing bids and recommendation

Prepare annual operating budgets within required timeframe

Approve expenditures that exceed Regional Manager authority ensuring property operates within Owner approved budget

Gather required documents necessary to assist Owners with partnership and permanent loan closings

Respond to lender and investor questions regarding the monthly or quarterly financial statements

Work with accounting and compliance after partnership close to gather documents for capital requests, designation plan, and proforma

Prepare TDHCA Subaward funding for approval by TDHCA

Work with energy consultants to lock in favorable energy rates

Submits monthly, quarterly and annual reports to lenders, investors and government agencies

Prepares, submits and tracks replacement reserve requests

Consistently provide accurate, timely, and reliable information to internal and external customers

Perform other tasks and projects as directed by any person authorized to give such instructions or assignments

Prepare proforma budgets for new assets

Complete duties as otherwise assigned

QUALIFICATIONS: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

OTHER QUALIFICATIONS

Creative
Outgoing and enthusiastic personality
Professional
Self-motivated
Prompt and Reliable
Team Player
Organized Effective listener and communicator
Able to work weekends and overtime
Able to take directions from supervisor
Able to work well with others
Able to learn and accept constructive criticism

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