Jobs · Finance · Massachusetts

Senior Asset Manager (LIHTC)

MRI Software · Boston, MA · 1 wk ago
HybridFinanceFull-time

About the role

Work as part of a cross-functional team to protect and increase asset value – including both tax benefits and cash flow – on behalf of clients as part of MRI Asset Management Services formerly known as TCAM.

Responsibilities

  • Develop and maintain strong relationships with clients, general partners, lenders, government agencies, investors and property managers.
  • Understand partnership, financing and tax matters, as well as real estate issues at the operating partnership level.
  • Review and monitor monthly or quarterly operating reports and evaluate performance.
  • Establish relationships and communicate regularly with the client and others involved in the specific assets, including syndicators, lenders, management agents and government officials.
  • Ensure the timely receipt and integrity of asset information collected and stored in Asset Management database.
  • Affiliate with the creation of reports from Asset Management database including written specifications and pre-production testing.
  • Analyze annual audited financial statements and follow-up with the general partner/borrower on any issues identified.
  • Analyze operating partnership tax returns and work with the general partner and accountants to resolve problems.
  • Inspect construction sites and evaluate construction draw requests for payment release.
  • Maintain construction and lease-up progress, including management's marketing efforts.
  • Conduct site visits to evaluate property management, property marketability and market positioning, management plan, and physical condition of properties.
  • Review tenant files and evaluate compliance with Section 42 requirements.
  • Analyze local market conditions and competition.
  • Respond to client requests for information through informal interactions and formal presentations.

Requirements

  • Bachelor’s Degree
  • Senior-Level Tax Expert with Limited LIHTC (Low-Income Housing Tax Credit) Asset Management
  • Significant Experience with Benefits Schedules
  • Strong analytical skills
  • Proficiency in financial analysis and spreadsheet modeling
  • MS Excel and Word proficient
  • Excellent organizational, communication, and analytical skills
  • Ability to work well with others and thrive in a collaborative, team-based, dynamic environment – pitching in wherever needed to achieve team goals.
  • Flexibility and ability to manage conflicting priorities.

Qualifications

  • Ability to work from anywhere in the world for two weeks out of the year.

Skills

  • Ability to work from anywhere in the world for two weeks out of the year.

Benefits

  • Join our employee-led groups to maximize your experience at work such as our Diversity, Equity and Inclusion committee, employee resource groups such as Women and Allies, and our Pride Event Group.
  • Enjoy peace of mind over yours and your family’s health with our medical coverage options and HSA benefit.
  • Invest in our competitive 401k plan and help set you up for your future.
  • Enjoy a fantastic work-life balance with 20 days PTO plus observed Holidays, plus 15 hours of ‘Flexi’ time a year.
  • Further your professional development and growth with our generous Tuition Reimbursement offerings.
  • Amazing growth requires amazing employees.

Pay

Details TBD

Schedule

Details TBD

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