Asset Manager

Description

Wallick Communities, an employee-owned company, provides affordable multi-family housing and assisted-living communities across the Midwest. The company was founded 55 years ago and currently serves over 20,000 residents in 5 states. As an employee-owner, you can benefit from the company's profitability through an ESOP.

The work - How you will contribute

In accordance with the Wallick Mission and Values, this role acts as the Owners' representative to ensure the asset meets financial and compliance commitments, monitors long-term viability, and creates value through strategic decisions. This position will manage around 30 properties, ensuring their sustainability over time.

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.
• An intermediate understanding of accounting and finance is required.
• A basic knowledge of applicable laws and regulations governing public housing is a plus.
• Should be familiar with some type of automated accounting software, in addition to Microsoft Office software.
• Must possess the ability to read and analyze financial reports and other accounting data.
• Must be able to respond to inquiries from assigned properties and co-workers.
• Must possess the ability to effectively present information to management.
• Must possess the ability to apply advanced mathematical concepts and operations to tasks.
• Make complex decisions requiring some judgment.

Essential Functions and Responsibilities

• Review and approve annual strategic, operation, 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.

Benefits

• 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

Working at Wallick Communities

• Diversity, equity, inclusion, plus belonging
• Equal opportunity employer