Director of Asset Management

Principal Objective of Position:

The primary function of the Director of Asset Management is to direct and manage all aspects of the administrative, financial, capital and operations of the nationwide residential Fund portfolio.

Essential Functions:

• Evaluate, hire and oversee local third party property managers and leasing agents. Analyze whether to manage certain markets in-house.
• Propose goals and objectives for each property.
• Assist in the preparation and approval process of property operating budgets.
• Ensure that property managers are providing timely rental operating and accounting information.
• Monthly, quarterly and annual reporting of the portfolio.
• Monthly review of operating statements.
• Assist in the due diligence and underwriting of potential acquisitions.
• Financial analysis, market studies and industry standard reporting (i.e. variance reporting, discounted cash flows, IRR’s, etc.)
• Management and P&L responsibilities for departmental operations.

Training/Education:

• Bachelors Degree required with a concentration in business, finance, accounting and/or real estate.
• Industry Accreditations Preferred (CCIM, etc.)

Experience/Skills:

• Five to ten years of proven experience in asset management.
• Computer literacy sufficient to operate spreadsheet and word processing applications (i.e. Microsoft Excel, Microsoft Word, Microsoft PowerPoint).
• Working knowledge of Yardi or other property management software.
• Ability to work with financial concepts and perform financial analysis including ROI, IRR and discounted cash flow modeling.

To apply for this position, upload your resume below or send it to us via email at Careers@timgmt.com