Real Estate Asset Manager

Resource Housing Group (RHG) is a dedicated nonprofit organization established in 1994, committed to providing quality, secure, and affordable housing for low-income (LI) families. With a track record of success, RHG has developed over 6,000 units of affordable housing across the Southeastern United States, owning more than 50 affordable housing developments. Responsibilities · Analyze monthly financial statements of all assigned projects for variances between actual and budget, ensuring adequate escrow balances, bond funds and accruals. · Provide monthly budget variance commentary on all assigned projects to the internal management team. · Work closely with Property Managers to provide direction for and oversight of operating plans, budgets, and forecasts. Specific tasks include approving and submitting reserve draws, reviewing/approving third party contracts, rent increases, non-budgeted large expenditures. Participate in the annual budget review process by preparing operational trends to budget analysis. · Assist with the year-end financial audit review to ensure accuracy of the accounting data. · Maintain and update project summary data and financials MRI internal reporting software. · Work closely with Property Management, Asset Management and Development. · Carry out periodic on-site inspection property visits to evaluate the physical condition of property. Provide feedback to the Property Manager as needed. · In conjunction with third party property management team, develop preventative maintenance program, monitor its implementation, and conduct property inspections. · Identification and analysis of under-performing assets, and preparation and implementation of proactive operational work-out strategies. · Review and evaluate rent structure for each property based on market analysis and ownership objectives. · Maintain and track reporting requirements for all syndicators, investors, and financial institutions. · Review Insurance Requirements; work with broker on obtaining new policies, and review of renewals. Open claims as needed. · Review Property Tax assessments and submit appeals if needed. · Perform other duties as assigned by CFO or other senior management staff. · Keep senior management regularly informed regarding the asset performance. Qualifications · Four-year college degree in Accounting or Finance or related field · Proficiency in Microsoft Office (proficient in Excel & Word) Essential Skills · Self-motivated with the ability to prioritize and multi-task in an environment of multiple responsibilities · Deadline driven with a high degree of energy and enthusiasm · Detail – Oriented · Some experience with physical property experience · LIHTC experience (Plus)

Created: 2025-09-26