<p>WinnCompanies is looking for an Asset Manager to join our team.</p> <p>In this role, you will support the company in connection with its investment and asset management activities. You will also be responsible for the asset management of acquired properties while assisting in developing, monitoring and ensuring on-going compliance with the financial controls framework of the portfolio and strategic decisions.</p> <p>This is a hybrid full-time opportunity. You'll benefit from a blend of collaboration in our Boston headquarters four days per week (Monday through Thursday) and flexibility of one remote day per week (Friday). You'll also travel throughout the region at least 1-3 times per month.</p> <p>Additionally, please note that a Real ID is required for this position.</p> <p>Responsibilities</p> <ul> <li>Asset Management (60%): </li><li>Perform all asset management responsibilities with a focus on affordable properties to enhance asset value including asset performance, leasing and capital programs, etc. </li><li>Develop asset-level strategic plan and ensure integrated alignment across the property team. </li><li>Provide ad-hoc reporting and analysis as needed. </li><li>Review reporting prepared by management and accounting teams. </li><li>Coordinate asset management initiatives. </li><li>Prepare and present added value capital expenditure initiatives for owner approval. </li><li>Appraise and implement redevelopment, reconfiguration, or refurbishment initiatives. </li><li>Prepare budgets and forecasts (rental, capital and non-recoverable), as appropriate. </li><li>Oversee annual rent review and lease renewal strategy and lease negotiations for each asset and ensure timely implementation. </li><li>Report recommendations and ensure successful completion. </li><li>Monitor asset expenses. Approve the property management strategy and objectives and oversee implementation by the Property Management Agent. </li><li>Assist acquisitions team with operational feedback. </li><li>Oversee monthly lease renewal and rent review reports, work in progress schedules, and other internal/external reports as appropriate. </li><li>Cultivate and maintain key occupier and agency relationships in marketplace. </li><li>Review audited financial statements. </li></ul> <p>Transactions / Financial Due Diligence (25%):Review, analyze, and challenge investment models and assumptions.Review, analyze, and challenge transaction memo submissions to Investment Committee.Manage the transaction process for properties in their portfolio. This task includes underwriting the transaction, getting the transaction approved, securing partner/lender/etc. consent, closing the transaction, communicating changes with the appropriate parties, drafting deal summary memorandums, managing any required capital improvements and the related reimbursement process, etc.As part of the diligence process, make recommendations for capital repairs, improvements, and upgrades (including coordinating with the Sustainability Group on "green initiatives").</p> <p>Strategic Support to Leadership Team (10%):Review and analyze portfolio performance against the strategic plan.Review and analyze results and returns to understand and drive performance.Track, analyze, and challenge return performance of individual investments against original underwriting.Identify risks and opportunities related to meeting the overall short term and long-term financial objectives.</p> <p>General Department Functions (5%):Complete administrative duties: correspondence, photocopying, scanning, etc.Maintain department document management systems, electronic and physical.Create policies and procedures to document processes.Complete other projects.</p> <p>Requirements</p> <ul> <li>Bachelor's degree </li><li>Minimum of 3-5 years of relevant work experience. </li><li>A current Real ID in good standing and ability to meet the driving records standards outlined in the Company Safe Vehicular Operations Policy. </li><li>Experience with LIHTC affordable housing programs. </li><li>Ability to regularly travel throughout the region. </li><li>Advanced skills with Microsoft Office applications, particularly Excel. </li><li>Ability to produce complex documents, perform analysis, and maintain databases. </li><li>Excellent leadership and customer service skills. </li><li>Outstanding verbal and written communication skills. </li><li>Ability to juggle multiple priorities with superior attention to detail. </li><li>Ability to perform comfortably in a fast-paced, deadline-oriented work environment. </li></ul> <p>Preferred Qualifications</p> <ul> <li>Master's degree in real estate, finance, or another similar discipline. </li><li>Experience using RealPage Accounting and Leasing platforms. </li></ul> <p>#LI-BB1</p> <p>#IND3</p> <p>Our Benefits:</p> <p>Permanent full-time US employees are eligible to participate in the following benefits:</p> <ul> <li>Generous time off policies (including 11 paid holidays (12 for MA employees); Generous Accrued Time Off increasing with years of service; Generous paid sick time; Annual day of service; Floating Holiday) </li><li>401(k) plan options with a company match </li><li>Various Comprehensive Medical, Dental, & Vision plan options </li><li>Flexible Spending Account, Dependent Care Flexible Spending Account, Health Savings Account options with HSA annual employer contribution </li><li>Long Term Disability and voluntary Short Term Disability; Basic Term Life Insurance and AD&D; optional supplemental life insurance </li><li>Health Expense Reimbursement program (including gym memberships, equipment, and subscriptions) </li><li>Tuition Reimbursement program and continuous training and development opportunities </li><li>Wellbeing program (group challenges, seminars, opportunities to earn points to reduce medical premiums), Employee Assistance Program, & Commuter and Parking Reimbursement options </li><li>Employee Corporate Discount Programs (Verizon Wireless, Home Depot Pro, Staples, and more!) </li><li>Flexible and/or Hybrid schedules are available for certain roles </li><li>Employee Relief Program supporting employees with unexpected hardships that place undue financial stress on them and their families </li><li>To learn more, visit winnbenefits.com </li></ul> <p>Why WinnCompanies?</p> <p>A job you can be proud of: WinnCompanies is a nationally recognized leader in apartment community management and development. Our team members are committed to helping people in the communities we serve and making a positive difference in their lives.</p> <p>A job that challenges you: Our employees are responsible for our growth and success, and we challenge our team members to always be their best in our fast-paced, dynamic and rewarding workplace.</p> <p>A job you can learn from: We offer multi-faceted leadership and learning opportunities to support our team members' career growth and professional development.</p> <p>A team that cares: We value teamwork, innovation, diversity and mutual respect. Through our recognition and rewards programs, we're committed to celebrating and uplifting our team members.</p> <p>About Us:</p> <p>WinnCompanies is a mission-driven, national business focused on building and operating top quality affordable housing communities for individuals and families of all incomes, including members of the U.S. Armed Forces and their families. Our people are the source of our success - 4,300+ team members working together to create the best possible living communities in 27 states, Washington, D.C., and Puerto Rico.</p> <p>Whether your skills are in operations, maintenance, leasing, compliance, marketing, IT, HR, accounting or finance, there's a role for you at WinnCompanies. Your passion for excellence can help us make a positive impact in the lives of real people every day.</p> <p>If you are a California Resident, please see our Notice of Collection here.</p> <p>Salary will vary based on job responsibilities and scope, geographic location, candidate's relevant experience, and other factors.</p> <p>Current Winn employees should apply through this internal link.</p>