Asset Manager – Affordable Housing Portfolio

WNC & Associates; Irvine (CA); On-site; USD 110,000 - 150,000; Full time

Benefits offered by this job

Medical, dental, vision insurance

401k match

Life insurance

Long-term disability

Job summary

WNC & Associates in Irvine, CA seeks an Asset Manager to join its private equity fund team. You will oversee up to 10 assets, coordinate with 3rd party management, and analyze monthly financial performance including budgets, occupancies, and capital needs.

You will review agreements and assist in capital renovations with vendors and the Construction Asset Manager. You’ll work cross-functionally with property staff, lenders, and partners to optimize returns, monitor reserves, and develop action

Qualifications

• Advanced Excel, PowerPoint, Yardi, Power BI are required or strongly preferred.
• Strong financial analysis skills and attention to detail.
• Excellent written and verbal communication abilities.

Responsibilities

• Oversee a portfolio of up to 10 assets including LIHTC, HUD, Bond, Home, and market-rate properties.
• Analyze monthly financial performance and budgets; monitor KPIs such as occupancy, collections, and capital needs.
• Review and approve annual budgets submitted by 3rd party management companies.
• Coordinate capital renovation projects with vendors and the Construction Asset Manager.
• Review reserve withdrawals and track Reserve balances.
• Develop action plans with partners and property management; monitor effectiveness monthly.
• Conduct site visits and assess properties regularly.
• Review financing documents to determine structures and constraints.
• Collaborate with partners, lenders, and regulators to resolve problems.
• Analyze audits and prepare quarterly distribution projections.
• Evaluate potential acquisitions and provide market and condition feedback.

Skills

Advanced Excel

PowerPoint

Proficient communication

Detail oriented

Education

Bachelor's degree in Real Estate, Finance, Accounting, or related subject

Tools

Yardi

Power BI

Job description

WNC & Associates in Irvine, CA seeks an Asset Manager to join its private equity fund team. You will oversee up to 10 assets, coordinate with 3rd party management, and analyze monthly financial performance including budgets, occupancies, and capital needs.

You will review agreements and assist in capital renovations with vendors and the Construction Asset Manager. You’ll work cross-functionally with property staff, lenders, and partners to optimize returns, monitor reserves, and develop action