What are the responsibilities and job description for the Assets and Facilities Manager position at Latino Economic Development Center?
Assets and Facilities Manager
Job Description
The Latino Economic Development Center (LEDC) is a nonprofit organization that provides economic opportunities for Latinos in Minnesota by offering ongoing small business technical assistance, access to loan capital for business start-up or expansion, and training on business development topics. LEDC has been engaged in this work for more than two decades, and as a Community Development Financial Institution (CDFI), can raise capital from a wide range of philanthropic, corporate, and governmental sources to then invest consistently with the mission, goals, and activities described above.
Position: Asset and Facilities Manager
Responsible to: Executive Director
Employment Classification: Exempt
Job Summary:
The Asset and Facilities Manager will manage and oversee the programming, maintenance and evaluation of all owned facilities. As of 2025 LEDC owns 3 properties. The AFM will be responsible for ensuring that our assets are well-maintained, efficiently utilized, and properly capitalized. This role is crucial in supporting our mission by managing our physical resources effectively.
Duties and Responsibilities:
- Manage portfolio of properties (commercial, retail, and housing)
- Oversee the programming of these properties and their respective budgets
- Develop and implement maintenance schedules for all facilities.
- Coordinate with maintenance staff and external contractors to ensure timely repairs and upkeep.
- Oversee contracts and leases for the properties; evaluate market trends and lease pricing
- Conduct regular inspections to identify and address maintenance needs.
- Maintain records of maintenance activities and costs.
- Assess the value and condition of assets to determine capitalization needs.
- Prepare reports on asset valuation and recommend capitalization strategies.
- Collaborate with finance and accounting teams to ensure accurate asset capitalization.
- Monitor and report on the depreciation and amortization of assets.
- Optimize the use of facilities to support the organization's programs and activities.
- Develop and implement policies for asset usage and allocation.
- Track and analyze asset performance to identify opportunities for improvement.
- Ensure compliance with relevant regulations and standards.
- Identify and mitigate risks associated with asset management.
- Develop and implement safety protocols for facility operations.
- Build relationships with organizations and resources related to tenants (rent assistance, safety issues, city inspections, etc.
- Other duties as assigned.
Minimum Qualifications:
- Bachelor's degree or other advanced Degree in Business Administration, Property Management, Affordable housing or Commercial Management, Construction Management, Project Management, Facilities Management, or a related field, or equivalent experience.
- Min of 3 years of experience in asset management, facilities management, or related field.
- Strong knowledge of maintenance practices and asset capitalization.
- Proficiency in asset management software and tools.
- Organizational efficiency expertise, process improvement and resource allocation.
- Occasionally work in confined spaces, and the ability to lift and carry heavy weights that could be up to or even exceed 50 lbs. (e.g., moving office furnishing etc.), work overhead on and off a ladder, and climb stairs repeatedly.
- High level of proficiency using Microsoft Office systems (Outlook, Word, Teams, Excel, PowerPoint, Planner)
Other Knowledge, Skills and Abilities will be interviewing for:
- Excellent organizational and project management skills.
- Strong analytical and problem-solving skills.
- Ability to work collaboratively with diverse teams.
- Excellent communication and interpersonal skills.
- Must be flexible regarding working hours (weekends and evenings may be required)
Preferred Qualifications:
- Ability to communicate fluently in Spanish and English
- Prior experience working in a non-profit organization
Compensation and Benefits:
Pay range for this role is: $85,000 to $95,000 per year
- 100% Company paid medical, dental and vision insurance coverage for employees and their eligible dependents.
- 9 company paid holidays (including two floating holidays) plus company paid holidays between Christmas Eve through New Year’s Day
- Paid Parental Leave
- 403(b) retirement plan
- Flexible, Hybrid schedules
Equal Employment Opportunity
LEDC celebrates diversity and is committed to creating an inclusive environment for all employees. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.
Reasonable accommodation will be provided for applicants with disabilities. If you are an individual with a disability who needs assistance, please contact us at careers@ledcmn.org. Please indicate what assistance is needed.
LEDC regrets that it is unable to offer H-1B sponsorship at this time. The successful candidate, under U.S. Citizenship and Immigration Services regulations, must be able to accept work in the U.S. by the day employment begins.
To Apply:
Apply via the really.com job link or send your materials to careers@ledcmn.org with the email subject Assets and Facilities Manager. Please include a cover letter, three references, and a resume. LEDC will prioritize applications received by March 14, 2025.
Job Type: Full-time
Pay: $85,000.00 - $95,000.00 per year
Benefits:
- Dental insurance
- Health insurance
- Life insurance
- Paid time off
- Retirement plan
- Vision insurance
Schedule:
- Monday to Friday
Application Question(s):
- Are you legally authorized to work in the United States?
- Will you now or in the future require visa sponsorship to work in the United States?
Language:
- Spanish (Preferred)
License/Certification:
- Driver's License (Preferred)
Ability to Commute:
- Saint Paul, MN 55106 (Preferred)
Ability to Relocate:
- Saint Paul, MN 55106: Relocate before starting work (Preferred)
Work Location: In person
Salary : $85,000 - $95,000