Asset Management Analyst

Mercy Housing; Denver (CO); Hybrid; USD 50,000 - 53,000; Full time

Benefits offered by this job

Early close Fridays (3 paid hours off)

Healthcare plans (medical, dental, and

15 days of PTO in first year

Paid holidays and floating holidays

Paid time off for Christmas to NewYear

Volunteer time off

Parental and caregiver leave

Employer-paid life insurance

403b with match

Employee Assistance Plan

Pet insurance options

Job summary

Mercy Housing in Denver is seeking an Asset Analyst Manager to analyze and report on properties in the national portfolio. The role includes annual partnership cash flow calculations, audits, budgets, and tax exemption filings. The position is hybrid and based in Denver, CO.

You will prepare investor reporting, review reserve requests, and collaborate with Asset Managers and Accounting to ensure timely reporting. A bachelor's degree and 2 years of financial analysis are required.

Qualifications

• Bachelor's degree required in Real Estate, Accounting, Finance or related field.
• Two years of financial analysis experience.
• Ability to read, interpret and understand financial information and legal documentation.
• Strong analytical skills and attention to detail.

Responsibilities

• Maintain and update internal periodic reports.
• Update asset management system for assets in the national portfolio.
• Prepare annual calculations for surplus cash distributions before budgeted dates.
• Complete annual tax exemption appeals or applications.
• Maintain property tax tracker with valuations and tax bill amounts.
• Coordinate tax appeals with Asset Managers and third-party consultants.
• Complete annual personal property tax filings.
• Provide evidence of coverage to third parties as required.
• Coordinate with Accounting on information releases and submissions for investors and lenders.
• Maintain records management and electronic filing for the portfolio.

Skills

Analytical skills

Attention to detail

Communication skills

Problem-solving

Adaptability

Education

Bachelor's degree in Real Estate, Accounting, Finance

Job description

Pay:

$36.06 - 38.46/hourly, depending on experience

At Mercy Housing, your work creates homes, hope, and opportunity. Together, we’re transforming lives through affordable housing and inclusive communities.

The Asset Analyst Manager will analyze and report on properties in the national portfolio. Perform annual partnership cash flow calculations. Distribute final audits and budgets to investors. Perform annual tax exemption filings. Prepare investor and state monitoring agency reporting; perform internal reporting. Review and submit replacement reserve, operating reserve, residual receipts, and sinking fund requests.

This is a hybrid position based in Denver, CO.

Benefits

• Early close Fridays (3 paid hours off each Friday)
• Early close prior to a holiday (3 paid hours)
• Several healthcare plans to choose from, dental (includes plans covering orthodontia and a free basic dental option) and vision
• 15 days of earned PTO your first year, 12 company holidays + 2 floating holidays
• Paid time off between Christmas Day and New Year's Day
• Paid time off to volunteer
• Paid parental and caregiver leave
• Employer-paid life insurance
• 403b + match
• Access to free Employee Assistance Plan
• Pet insurance options

Duties & Responsibilities

• Maintain and update all required internal periodic reports.
• Review and update the asset management system for each asset in the national portfolio.
• Prepare annual calculations for surplus cash distributions prior to the budgeted distribution date.
• Complete necessary annual tax exemption appeals or applications.
• Maintain the property tax tracker, including valuations and tax bill amounts.
• Coordinate property tax appeals with Asset Managers and third-party appeals consultants.
• Complete annual personal property tax filings.
• Provide third parties with evidence of coverage as required.
• Request reimbursement from escrows when applicable.
• Prepare and submit interim and annual reporting and provide information as required by investors and lenders.
• Coordinate with Accounting and Asset Managers on information releases.
• Maintain reporting schedules to ensure timely submission of all required reports.
• Compile reporting for Board meetings as directed by Asset Managers, the Senior Vice President of National Portfolio Management, and Geographic Business Center Executives.
• Review and submit replacement reserve, operating reserve, sinking fund, and residual receipts requests as directed by Asset Managers.
• Maintain records management and electronic filing systems for the assigned portfolio.
• Read and interpret real estate documents.
• Maintain regular and punctual attendance.
• Work cooperatively with others.
• Comply with all company policies and procedures.

Competencies

• Articulate and integrate the mission and core values of Respect, Justice, and Mercy into day-to-day work.
• Actively portray a positive attitude, professionalism, and integrity.

Minimum Qualifications

• Bachelor's degree in Real Estate, Accounting, Finance, or a related field.
• Two years of financial analysis experience.

Preferred Qualifications

• Experience in asset management, property management, or real estate finance.

Knowledge And Skills

• Ability to read, interpret, and understand financial information and legal documentation.
• Strong analytical skills and attention to detail.
• Ability to communicate clearly, both verbally and in writing.
• Problem-solving skills with a solution-focused approach.
• Flexibility to work in a complex and changing organization and adapt to changes in structure and work priorities.

Mercy Housing is a fair chance employer; while we conduct background checks for all positions, we will consider qualified applicants with arrest and conviction records.