Asset Manager (Housing Comm Dev IV)

Make a difference - join our team to empower communities and build futures!

The Fairfax County Department of Housing and Community Development works in partnership with the Redevelopment and Housing Authority to serve the people of Fairfax County by creating housing opportunities to promote inclusive and thriving communities. Help make our vision of a community everyone can afford to call home a reality!

This position works as part of the Rental Housing Division. Takes initiative to ensure that properties are physically well maintained and in compliance with all lenders, U.S. Treasury, HUD, LIHTC and other regulatory requirements, including HCD policies and procedures, agreements, programs and covenants. As an integral member of HCD, interacts in a thoughtful and collaborative manner with the community level and senior management and exemplifies the highest standards of honesty, respect, integrity, and discretion.

The position:

• Performs regular financial analysis of assigned portfolio's operating results and performance versus their business plan and searches for opportunities to maximize revenue and minimize expenses.
• Conducts on-site property inspections and file review; identifies and documents deficiencies in property condition, cleanliness, and service levels.
• Conducts preliminary analysis on repositioning of properties and recommends ways to enhance the property.
• Keeps current on market factors that impact the positioning and performance of assigned portfolio.
• Ensures a complete and clear understanding of federal, state and local program requirements for assets within portfolio.
• Assists in the annual involvement of the property audits.
• Reviews and analyzes annual operating budgets and business plans.
• Assists the division director with understanding factors impacting monthly, quarterly and annual reporting results.
• Documents and communicates regularly regarding the performance of the assigned assets and/or portfolio performance with Division Director.
• Attends public meetings and presents information on HCD programs, as required.
• Coordinates activities for projects within assigned portfolio with third party management, other asset managers and other HCD staff (i.e. Financial Management, Real Estate Finance, Grants Management, and Design, Development and Construction Divisions) and other Fairfax County agencies and related groups.

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MINIMUM QUALIFICATIONS:
Any combination of education and experience and training equivalent to the following: (Click on the aforementioned link to learn how Fairfax County interprets equivalencies for "Any combination, experience, and training equivalent to") Graduation from an accredited four-year college or university with a bachelor's degree in a related field of study such as planning, engineering, architecture, economics, construction science, business or public administration, finance, real estate, social work, public policy or other related field; Plus four years of experience related to an assigned program area.

• Preferred candidates will have a bachelor's degree in business administration, finance or progressive working experience and knowledge within the area of asset management, local and federal housing programs, and/or residential multifamily housing development.
• Solid budget and financial management background, with working knowledge of financial underwriting and modeling to create/manipulate/review pro-formas, budgets, cash flow analysis, and forecasting reports.
• Strong written and oral communication skills are critical.
• Outstanding customer service skills and ability to establish and maintain effective working relationships.
• Ability to plan and implement activities in order to ensure effective and efficient utilization of resources.
• Preferred advanced knowledge of Excel and YARDI.
• Strong team leadership skills.
• Experience working with the public is preferred.
• Experience working in the following areas: Multifamily Asset Management Multifamily
• Property Management Low Income Housing Tax Credit (LIHTC) and/or
• Federally Subsidized Programs (RAD, HCV, PBV, PBRA, CDBG, HOME, SPRAC, etc.

Fairfax County Government prohibits discrimination on the basis of race, color, religion, national origin, sex, pregnancy, childbirth or related medical conditions, age, marital status, disability, sexual orientation, gender identity, genetics, political affiliation, or military status in the recruitment, selection, and hiring of its workforce.

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