Conifer Realty
ASSET MANAGEMENT ASSOCIATE – AFFORDABLE HOUSING NORTHEAST (Remote, New York or New Jersey Preferred)
Job Type: Full‑time
About Conifer Conifer Realty, LLC is a dynamic, vertically integrated organization that creates and manages high‑quality affordable and work‑force housing. Conifer has a 45‑year investment and development history with over 15,000 units owned and managed today. Along with its affiliate, Conifer is one of the Top 20 owners in the nation. We currently have an East Coast portfolio and are looking to rapidly expand.
Overview Under the guidance and supervision of the Vice President of Asset Management, the Associate‑Asset Management is responsible for monitoring property performance and maximizing property revenue to ensure the optimal value of assets is achieved. This includes providing strategy, direction, oversight, and balancing of costs, risks, and opportunities against desired performance of assets in the portfolio.
Responsibilities
Monitor operations of portfolio, analyze data, and report to staff and senior management. Compare site performance and projections to similar properties and industry data.
Recommend strategies for maximizing value and returns for assets and monitor to ensure performance meets ownership objectives.
Review assigned properties to understand financing, regulatory requirements, reporting, and owner/investor goals. Monitor partnership agreement amendments and understand their impact.
Assist property management staff in decisions that affect the asset long term and determine relationships to established goals.
Work with property management staff to maximize the potential value and benefit of the property to Conifer.
Coordinate and oversee monthly/quarterly financial review of portfolio.
Visit assigned sites and participate in site audits as requested.
Ensure escrow accounts are funded at the proper levels and tax payments, including PILOTs, are calculated and made timely.
Monitor reserve balances to ensure appropriate funding and accurate draw down requests.
Work with Property Finance to evaluate possible refinancing, disposition, or change of use of assigned properties.
Maintain and foster relationships with lenders and investors post‑closing for assigned sites.
Oversee annual budget preparation process for portfolio. Compare projections to comparable experience and industry data.
Assist with preparation of pro forma income statements for development underwriting and coordinate review with Property Management team.
Participate in periodic review meetings for projects transitioning from development to operations.
Assist with due diligence on potential acquisition opportunities.
Perform financial analysis, modeling, and portfolio stress testing as needed.
Other special projects and job‑related duties as assigned.
Education and Experience
Bachelor’s degree in accounting or finance required.
Master’s degree preferred.
Prior experience in multi‑family real estate preferred.
Skills
Minimum 5‑7 years relevant asset‑management experience with demonstrated institutional analytical and quantitative skills.
Accounting, financial analysis, and budgeting skills.
Advanced Excel knowledge (macros, pivot tables).
Multi‑family affordable real estate experience preferred.
Yardi Voyager or equivalent housing software preferred.
Proficiency with MS Office (Word, Excel, Outlook, SharePoint).
Adaptable and able to manage multiple projects simultaneously.
Excellent business judgment, professionalism, and practices for day‑to‑day matters.
Strong analytical skills and financial modeling experience.
Travel to specific Conifer sites required.
Benefits Competitive compensation package commensurate with experience, ongoing training, 13 holidays, 15 days paid time off, 401(k) with company match, medical, HSA, dependent care flex account, dental, vision; company‑paid life, short and long‑term disability insurances; wellness program.
Salary range:
$95,000.00 – $115,000.00. Actual compensation may vary depending on experience, skills, qualifications, location, etc. This range does not include additional forms of compensation such as bonuses.
Apply Today via our website link:
http://www.careersatconifer.com. Complete our application process and attach your resume. You will hear directly from the hiring manager on next steps in the process.
Conifer Realty LLC is an Equal Opportunity Employer and does not discriminate on the basis of any legally protected status or characteristic. Minority/Female/Sexual Orientation/Gender Identity/Disability/Veteran.
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Job Type: Full‑time
About Conifer Conifer Realty, LLC is a dynamic, vertically integrated organization that creates and manages high‑quality affordable and work‑force housing. Conifer has a 45‑year investment and development history with over 15,000 units owned and managed today. Along with its affiliate, Conifer is one of the Top 20 owners in the nation. We currently have an East Coast portfolio and are looking to rapidly expand.
Overview Under the guidance and supervision of the Vice President of Asset Management, the Associate‑Asset Management is responsible for monitoring property performance and maximizing property revenue to ensure the optimal value of assets is achieved. This includes providing strategy, direction, oversight, and balancing of costs, risks, and opportunities against desired performance of assets in the portfolio.
Responsibilities
Monitor operations of portfolio, analyze data, and report to staff and senior management. Compare site performance and projections to similar properties and industry data.
Recommend strategies for maximizing value and returns for assets and monitor to ensure performance meets ownership objectives.
Review assigned properties to understand financing, regulatory requirements, reporting, and owner/investor goals. Monitor partnership agreement amendments and understand their impact.
Assist property management staff in decisions that affect the asset long term and determine relationships to established goals.
Work with property management staff to maximize the potential value and benefit of the property to Conifer.
Coordinate and oversee monthly/quarterly financial review of portfolio.
Visit assigned sites and participate in site audits as requested.
Ensure escrow accounts are funded at the proper levels and tax payments, including PILOTs, are calculated and made timely.
Monitor reserve balances to ensure appropriate funding and accurate draw down requests.
Work with Property Finance to evaluate possible refinancing, disposition, or change of use of assigned properties.
Maintain and foster relationships with lenders and investors post‑closing for assigned sites.
Oversee annual budget preparation process for portfolio. Compare projections to comparable experience and industry data.
Assist with preparation of pro forma income statements for development underwriting and coordinate review with Property Management team.
Participate in periodic review meetings for projects transitioning from development to operations.
Assist with due diligence on potential acquisition opportunities.
Perform financial analysis, modeling, and portfolio stress testing as needed.
Other special projects and job‑related duties as assigned.
Education and Experience
Bachelor’s degree in accounting or finance required.
Master’s degree preferred.
Prior experience in multi‑family real estate preferred.
Skills
Minimum 5‑7 years relevant asset‑management experience with demonstrated institutional analytical and quantitative skills.
Accounting, financial analysis, and budgeting skills.
Advanced Excel knowledge (macros, pivot tables).
Multi‑family affordable real estate experience preferred.
Yardi Voyager or equivalent housing software preferred.
Proficiency with MS Office (Word, Excel, Outlook, SharePoint).
Adaptable and able to manage multiple projects simultaneously.
Excellent business judgment, professionalism, and practices for day‑to‑day matters.
Strong analytical skills and financial modeling experience.
Travel to specific Conifer sites required.
Benefits Competitive compensation package commensurate with experience, ongoing training, 13 holidays, 15 days paid time off, 401(k) with company match, medical, HSA, dependent care flex account, dental, vision; company‑paid life, short and long‑term disability insurances; wellness program.
Salary range:
$95,000.00 – $115,000.00. Actual compensation may vary depending on experience, skills, qualifications, location, etc. This range does not include additional forms of compensation such as bonuses.
Apply Today via our website link:
http://www.careersatconifer.com. Complete our application process and attach your resume. You will hear directly from the hiring manager on next steps in the process.
Conifer Realty LLC is an Equal Opportunity Employer and does not discriminate on the basis of any legally protected status or characteristic. Minority/Female/Sexual Orientation/Gender Identity/Disability/Veteran.
#J-18808-Ljbffr