Affordable Housing Asset Management Analyst (ahama)

Redmond, OR, US, United States

Job Description

Please visit our website for additional information regarding full job description, application timeline, and how to apply!! https://housing-works.org/employment/



Job Summary


Join the Housing Works Team! We're excited to announce an opportunity to make a meaningful impact within Central Oregon's affordable housing community. Housing Works is seeking an Affordable Housing Asset Management Analyst (AHAMA): A detail-driven, mission-aligned professional who thrives at the intersection of financial analysis, strategy, and community impact.

In this key role, you will analyze the financial and operational performance of Housing Works' property portfolio, support long-term asset stewardship, and collaborate with internal teams and external partners. If you enjoy transforming data into insights, optimizing property performance, and want to contribute to an organization dedicated to "Fostering Dignity Through Housing," we encourage you to apply!

Duties



Portfolio Oversight & Financial Management



Manage the financial and operational performance of a portfolio of affordable multifamily properties. Monitor property performance against budgets, proformas, and compliance requirements. Support regular site visits to assess property conditions and management effectiveness. Collaborate with Asset Manager and property management companies to ensure efficient financial operations. Attend meetings with property manager to discuss portfolio issues. Update Deal Books for all properties, including organization of real estate transaction documents, partnership agreements and other regulatory agreements. Prepare DCR performance dashboard or other data for the monthly board report. Ensure timely reporting to third parties and the board of commissioners Maintain real estate schedule. Review and analyze monthly, quarterly, and annual property financial statements, including budget-to-actual income statement variance analyses. Identify opportunities to optimize revenue, control expenses, and improve overall asset value. Track and monitor property reserve accounts, loan covenants, and partnership agreements. Assess monthly financial performance metrics such as accounts receivable, vacancy rate, average days vacant, PUPY operating expenses, etc. Assist in creation of annual property budgets. Recognize performance and project issues as they arise; identify negative financial conditions or trends, utility consumption outliers, adequacy of reserve funding, etc. Recommend and implement strategies to correct. Monitor property performance and regularly measure performance against benchmarks and watch list criteria. Work with property managers to limit expenses as able and maximize property financial performance including rent increase analyses.

Compliance & Reporting



Ensure properties comply with affordability regulations (LIHTC, HUD, HOME, OAHTC, Section 8, etc.) in collaboration with the Asset Manager. Maintain compliance with auditors, lenders, investors, and regulatory reporting requirements. Oversee timely and accurate submission of compliance documentation and audits. Responsible for grant accounting, including revenue recognition, and related reporting requirements. Request and assist in processing reserve transfer requests.

Other Duties



Implement tools and processes to strengthen portfolio oversight and performance. Perform as an effective team player, valuing the ideas and opinions of others and routinely collect their input as part of the decision-making process. Act with uncompromising integrity and ability to maintain strict confidentiality. Champion the mission, culture and objectives of the organization. Perform other projects and activities as assigned.

Skills



Ability to understand financial analysis, cash flow projections, operating budgets, written regulations, and real estate documents. Able to work effectively within a team as well as independently Understanding of the financial underwriting of the assets in the Agency's portfolio. Proficient in MS Word, Excel, Power Point, Microsoft Outlook and internet applications. Able to write and format routine business correspondence, reports, documents, manuals, and presentations. Analyze and resolve problems creatively. Ability to organize efficiently and prioritize tasks appropriately. Must have a valid Oregon driver's license

Minimum Education



Bachelor's degree preferred or 5 years' experience in accounting, asset management, financial management, property management, or related fields.
Must be able to successfully pass drug screening and background check.

Please visit our website for additional information regarding full job description, application timeline, and how to apply!

https://housing-works.org/employment/



Job Type: Full-time

Pay: $75,000.00 - $95,000.00 per year

Benefits:

Dental insurance Flexible spending account Health insurance Paid jury duty Paid time off Retirement plan Vision insurance
Work Location: Hybrid remote in Redmond, OR 97756

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Job Detail

  • Job Id
    JD6186237
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    75000.0 95000.0 USD
  • Employment Status
    Permanent
  • Job Location
    Redmond, OR, US, United States
  • Education
    Not mentioned