The Quest Organization
https://cdn.haleymarketing.com/templates/62493/logos/questorg-hml.png
http://www.questorg.com
http://www.questorg.com
USD
175000
YEAR
true
Senior Vice President, Affordable Housing Asset Management
50 E. 168th Street Bronx, NY 10452 US
Posted: 09/13/2023
2023-09-13
2023-12-30
Industry: Senior Vice President
Job Number: 4691-1
Pay Rate: 175,000
Job Description
Our client, a housing developer/non-profit, is seeking a Senior Vice President of Affordable Housing and Asset Management to join their team.
Responsibilities:
ASSET MANAGEMENT:
OTHER KEY DUTIES:
Qualifications:
Responsibilities:
ASSET MANAGEMENT:
- Measure and analyze the financial performance of all properties relative to budgets, and prepare performance reports for the Board of Directors and Executive Team, highlighting strengths and weaknesses and areas for improvement;
- Work with staff and third-party managers to generate and monitor operating and capital budgets for all properties;
- Review monthly, quarterly and annual property operating reports and financial statements and report to tax credit investors, joint venture partners and government agencies;
- Monitor and review the appropriate legal agreements and covenants to ensure
- Review and evaluate property and casualty insurance, and other insurance coverage across the portfolio and collaborate in risk management and minimization activities.
- Liaise with Controller and/or Assistant Controller to integrate real estate accounting and reporting into organization-wide systems. Serve as the main liaison to outside auditor of housing affiliates’ fiscal policies and practices.
- Lead and support the WHEDco housing team, currently comprised of the Director of Real Estate and Project Manager, and two third-party property management companies;
- Provide leadership and oversight on capital projects throughout the portfolio, to ensure timely and cost-effective completion of projects including:
- Creating budgets and timelines,
- Overseeing architects and contractors,
- Overseeing completion of the Bronx Music Hall
- Manage commercial leases and sub-leases;
- Manage the vendors providing building security and work to ensure ongoing security and safety at all buildings.
OTHER KEY DUTIES:
- Serve as the main liaison to the WHEDco Board Housing Committee.
- Assist with grant requests and budget documentation.
- Other duties as assigned.
Qualifications:
- ?Bachelor’s degree with a focus in urban planning, real estate, finance or accounting; Master’s degree preferred.
- A minimum of 10 years of related experience required, preferably in an organization with significant government service contracts.
- Experience with government affordable housing programs and/or asset management experience is strongly preferred.
- Excellent financial modeling and quantitative analysis skills required.
- Exceptional communication and interpretive skills.
- ?A high level of integrity and emotional intelligence, along with strong interpersonal skills.
- Excellent and adaptive leadership skills, with the ability to work collaboratively with a diverse group of individuals.
- Experience managing and retaining high performing team members as well as providing professional development opportunities to promote individual, interpersonal, and organizational growth.
- ?Genuine interest and passion for WHEDco’s mission.
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