Asset Manager

Mission First Housing Group; Washington (District of Columbia); Presencial; USD 80.000 - 105.000; Jornada completa

Ventajas ofrecidas por este puesto de trabajo

Health, dental, and vision insurance

Retirement plan with employer matching

Paid time off and holidays

401(k) and 401(k) matching

Employee assistance program

Flexible spending account

Life insurance

Descripción de la vacante

Mission First Housing Group is seeking an Asset Manager to support the financial, physical, and operational performance of its affordable housing portfolio in Washington, DC. The role reports to the Director of Asset Management and focuses on occupancy, budgeting, and NOI across properties.

The candidate will monitor performance, analyze cash flow and variances, and ensure compliance with affordable housing programs while collaborating with property management and leadership.

Formación

• Bachelor’s degree in Finance, Real Estate, Business Administration, Accounting, Economics, or a related field.
• Two to four years of experience in asset management, real estate finance, property operations, compliance, or financial analysis.
• Experience with affordable housing programs such as LIHTC, Section 8 HAP, HOME, or USDA, and with nonprofit or mission-driven organizations, preferred.
• Strong financial analysis skills and advanced proficiency in Excel.

Responsabilidades

• Monitor the financial and operational performance of assigned properties, including occupancy, collections, delinquency, and expense trends.
• Review monthly financial statements, operating reports, and rent rolls; perform variance and forecasting analyses.
• Assist with annual operating and capital budgets and reserve analyses.
• Support compliance monitoring for LIHTC, Section 8 HAP, HOME, and USDA in coordination with the Compliance team.
• Prepare recurring and ad hoc portfolio reports for leadership.
• Collaborate with property management to support occupancy, revenue, and expense controls.
• Build trackers and dashboards consolidating portfolio data; use AI tools to summarize documents and improve reporting.

Conocimientos

Financial analysis

Analytical thinking

Attention to detail

Communication

Problem solving

Educación

Bachelor’s degree in Finance/Real Estate/Business/Accounting/Economics

Equivalent relevant exempt work experience

Herramientas

Yardi

Microsoft Office

Descripción del empleo

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Asset Manager

Asset Management Salaries Full Time Professional Washington, DC, US

3 days ago Requisition ID: 1002

Salary Range: $80,000.00 To $105,000.00 Annually

Columbus Property Management, a Member of Mission First Housing Group, is dedicated to creating and managing affordable, equitable, and sustainable housing solutions that empower residents and strengthen communities. As part of Mission First Housing Group, we serve families, seniors, veterans, individuals with disabilities, and other populations through thoughtfully developed and well-managed properties.

Position Overview

The Asset Manager supports the financial, physical, and operational performance of Mission First’s affordable housing portfolio. Reporting to the Director of Asset Management, this role monitors property performance, analyzes financial and operational results, and works with property management to support occupancy, collections, and net operating income across an assigned group of properties.

The Asset Manager helps maintain reliable portfolio reporting, supports compliance with affordable housing program, lender, and investor requirements, and uses technology to improve the accuracy and efficiency of asset management work. This is a support-level role that builds the analytical and operational foundation for effective portfolio oversight.

Key Responsibilities

Asset Performance Monitoring

• Monitor the financial and operational performance of assigned affordable housing properties, including occupancy, collections, delinquency, and expense trends.
• Track performance against approved budgets, business plans, and lender or investor benchmarks; flag variances to the Director of Asset Management.
• Help maintain portfolio watch lists and property action plans for assets requiring closer oversight.
• Identify early signs of financial or operational challenges and support corrective action with property management.

Financial Analysis and Budgeting Support

• Review monthly financial statements, operating reports, and rent rolls.
• Perform variance, forecasting, and trend analyses and prepare supporting schedules.
• Assist with annual operating and capital budgets, including reviewing assumptions and reserve levels.
• Support analysis of cash flow, surplus cash, reserve balances, and distributions.

Compliance and Reporting Support

• Support compliance monitoring for affordable housing programs, including LIHTC, Section 8 HAP, HOME, and USDA, in coordination with the Compliance team.
• Assist with lender, investor, and regulatory reporting, and track reporting deadlines and loan covenant requirements.
• Prepare recurring and ad hoc reports on property and portfolio performance for the Director of Asset Management and senior leadership.

Property Management Collaboration

• Partner with property management to support occupancy, revenue, expense control, and resident stability.
• Participate in property visits and regular property management meetings.
• Help identify opportunities to increase revenue and control costs, and track follow-up items to completion.
• Coordinate with responsible parties to support the resolution of property-level issues.

Data, Technology, and AI Tools

• Build and maintain trackers, dashboards, and reporting workbooks that consolidate portfolio data from multiple sources.
• Use approved AI and automation tools to summarize documents, analyze data, draft correspondence, and improve routine reporting.
• Review AI-assisted work for accuracy and follow organizational data governance and confidentiality standards.
• Recommend ways to streamline recurring asset management workflows through technology.

Transactions and Special Projects

• Assist with due diligence for acquisitions, dispositions, refinancing, and Year 15 activity, including data gathering and financial analysis.
• Support special projects and portfolio initiatives as assigned by the Director of Asset Management.

Qualifications

• Bachelor’s degree in Finance, Real Estate, Business Administration, Accounting, Economics, or a related field. Equivalent relevant exempt work experience may be considered in lieu of a degree.
• Two to four years of experience in asset management, real estate finance, property operations, compliance, or financial analysis.
• Affordable housing, LIHTC, or multifamily experience preferred.
• Experience with affordable housing programs such as LIHTC, Section 8 HAP, HOME, or USDA, and with nonprofit or mission-driven organizations, preferred.
• Strong financial analysis skills and advanced proficiency in Excel.
• Experience with property management and accounting software, such as Yardi.
• Working knowledge of AI and automation tools, with the ability to apply them responsibly to analysis, reporting, and document review.
• Proficiency with Microsoft Office and comfort learning new technology.
• Strong organizational, analytical, communication, and problem-solving skills.
• Ability to manage multiple priorities, collaborate across departments, and maintain confidentiality.
• Demonstrated attention to detail and initiative.

Preferred Education and Certifications

• Asset Management Specialist (AMS) designation from the Consortium for Housing and Asset Management, or willingness to obtain it.
• Additional affordable housing certifications, such as HCCP, SHCM, or C3P, preferred.

Work Environment and Physical Requirements

• Combination of office and on-site property work.
• Occasional evening or weekend work may be required.
• Ability to walk properties, climb stairs, and conduct inspections.

Compensation and Benefits

• Competitive salary based on experience
• Health, dental, and vision insurance
• Retirement plan with employer contribution
• Paid time off and holidays
• 401(k) and 401(k) matching
• Employee assistance program
• Flexible spending account
• Life insurance

Mission First provides equal employment opportunities to all employees and applicants without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status, genetic information, or any other characteristic protected by applicable federal, state, or local laws. Mission First prohibits discrimination and harassment of any type.

EOE M/F/D/V/SO

Application Question(s):

• How many years of experience do you have analyzing financial statements, operating reports, budgets, or rent rolls for real estate properties?
• Do you have experience with affordable housing programs such as LIHTC, Section 8 HAP, HOME, or USDA? If yes, please briefly describe your experience.
• How would you rate your Excel skills, and what types of financial analyses or reporting have you completed using Excel?
• Do you have at least 3 years of experience in an asset management role?
• Can you describe your experience preparing portfolio reports for affordable housing properties? What performance measures did you track, how did you verify the data, and how did you communicate important trends or concerns to leadership and property management?