Asset Manager

Job Title: Asset Manager

About Us:

Wallick Communities, an employee-owned company, gives low-income families and senior citizens a place to call home – thanks to five decades of experience in developing, building, managing, and overseeing affordable multi-family housing and assisted-living communities across the mid-west.

We have:

• 55 years serving our communities
• 20,000 residents call our community's home
• 5 states and growing
• Employee owned with 1000 associates

Mission and Values:

Our Mission: Opening doors to homes, opportunity, and hope.

Our Values flow directly from our Mission and set the expectation for how all associates work together. These values are:

• Care
• Character
• Collaboration

The Role:

In accordance with the Wallick Mission and Values, act as the Owners' representative to ensure the asset is meeting the financial and compliance commitments, monitoring the long-term viability, and creating value through strategic decisions.

This role will manage around 30 properties, ensuring the asset is sustainable over time.

Key Responsibilities:

• Review and approve annual strategic, operating and financial plans and budgets for the portfolio with Affordable Housing Operations
• Review and approve audit reports and tax returns for assigned portfolio which includes a combination of subsidized and tax credit properties
• Understand partnership documents and loan documents as they relate to all aspects of the asset
• Calculate annual cash flow distributions for the Wallick owned portfolio
• Meet regularly with Affordable Housing Operations to discuss operating results, variances to budget and strategize on opportunities for property performance improvement
• Analyze business operations, trends, expenses, revenue, and financial commitments to project future revenue and expenses
• Create plans, set goals, and measure results for troubled assets

About You:

You have a bachelor's degree in finance or a related field, and 3 or more years of experience in an asset management or similar role within the multi-family real estate industry.

You should possess:

• An intermediate understanding of accounting and finance
• A basic knowledge of applicable laws and regulations governing public housing (a plus)
• Familiarity with some type of automated accounting software, in addition to Microsoft Office software
• The ability to read and analyze financial reports and other accounting data
• The ability to respond to inquiries from assigned properties and co-workers
• The ability to effectively present information to management
• The ability to apply advanced mathematical concepts and operations to tasks

What We Offer:

We offer:

• Employee Stock Ownership Plan
• Pay on demand (access your money as you earn it)
• Up to 8 weeks of Paid Parental Leave
• Paid time off, Holiday pay, and Gift of Time
• Health, Dental and Vision insurance effective within 2 weeks
• Gym membership or Fitness equipment reimbursement
• Company paid life and long-term disability insurance
• Voluntary life, short-term disability, accident, critical illness, and hospital indemnity coverage
• 401(k) with a 3.5% company match
• Tuition reimbursement
• Pet insurance

Diversity, Equity, Inclusion, Belonging:

We invest in the equity of each group, all groups benefit. It's not about one person, one idea, nor any one action. It's about what we can accomplish together.

Requirements:

Candidates must successfully pass a pre-employment drug screen and background check.

Salary: $80,000 - $120,000 per year

Salary : $80,000 - $120,000