What are the responsibilities and job description for the Asset Manager position at Collective/Great States?
POSITION SUMMARY
Great States focuses on acquiring and developing multifamily housing in growing markets across the Midwest and Mountain West. Our primary focus includes multi-family, adult active living (55 ) and single family for rent.
As the Asset Manger, you are a talented leader with an entrepreneurial mindset. You are a high performer that creates successful operational and financial functions and processes. The goals for the Asset Manager are to maximize the asset’s value, increase cash flow, and increase the velocity of the capital.
ESSENTIAL JOB FUNCTIONS
- Lead debt management strategies
- Maximize revenue for assets
- Conduct property inspections and propose improvements to leadership
- Determine asset baseline and implement strategies to improve
- Continually assess financial health of the asset
- Monitor and assess all insurance policies
- Approve and review property taxes including escrow sufficiency and contest property taxes
- Approve CAPX management including monitoring recurring and ongoing projects
- Approve market analysis
- Approve expense management
- Contribute to the annual property budget review
- Identify opportunities for change in management or dispositions
- Communicate the performance vs proforma/budget
- Responsible for cash management and forecast global real estate cashflow for future deals
- Cultivate investor relationships through communication of results, projections, and summaries
- Property owner’s representative and primary point of contact
EDUCATION AND WORK EXPERIENCE:
- Bachelor’s degree in finance or related field
- Five years of progressive experience
KNOWLEDGE, SKILLS, AND ABILITIES REQUIRED:
- Strong organizational skills, detail-oriented and accurate
- Excellent communication skills – both written and verbal
- Ability to exercise strategic/critical thinking
- Entrepreneurial and continuous improvement mindset
- Self-motivated, eager, and positive
