Manager of Asset Management
| Company | Ryan Companies |
|---|---|
| Location | Chicago, IL, USA, Milwaukee, WI, USA, Minneapolis, MN, USA |
| Salary | $108400 – $172100 |
| Type | Full-Time |
| Degrees | Bachelor’s |
| Experience Level | Senior |
Requirements
- Undergraduate degree in accounting, finance, real estate, or related field.
- 5+ years of experience as an asset management professional in real estate or the housing sector.
- Knowledge of financial statements, forecasting and modeling, property management issues, loan agreements, policies, and procedures.
- Knowledgeable on organizational structures/documents (LLC agreements, partnership agreements); property tax assessment process; partnership agreement & structure, management agreements, financing structures/loan documentation and valuation theory/analysis.
Responsibilities
- Review monthly property reports and cash flow forecasts; follow up with property accountant and operating partners on variances and other concerns.
- Perform property benchmarking analysis, comparing to other Ryan communities and industry benchmarks.
- Prepare reports relating to individual community performance, problems and work-out strategies, construction and leasing status, etc.
- Assist with the preparation of investment partner presentation reports and investment memorandums.
- Conduct annual site inspections of the communities to analyze the overall condition of the property and make appropriate recommendations.
- Prepare financial assessments and provide recommendations on overall strategy.
- Prepare cash flow forecast models at a building and portfolio level.
- Assist with research tasks related to overview of competitive market, and demographic trends within the portfolio’s geographic area.
- Maintain project database with information available for immediate access related to key indicators, performance and project details.
- Assist with preparation of annual business plans and review of operating and capital budgets.
- Research and present strategic cost cutting initiatives and operational efficiencies.
- Maintain current knowledge of industry trends and performance of comparable properties.
- Effectively interact with in-house departments including accounting, investments/acquisitions, capital markets, accounting and legal to ensure a team-oriented approach.
- Comfortable presenting information, direction and follow up amongst internal and external partners.
- Stay aware of trends and information in the housing industry.
Preferred Qualifications
- Proven ability to work independently and as part of a team.
- Strong verbal and written communication skills.
- Proficient in MS Excel and Word.