Job Description:
Job Summary:
The Associate Director, Portfolio Management is a strategic finance and asset management leader responsible for evaluating the financial health and performance of a portfolio of affordable and multifamily housing assets. This role bridges asset-level financial performance with enterprise-level financial planning, ensuring that operational outcomes align with organizational goals, compliance standards, and long-term sustainability. The ideal candidate is analytical, detail-oriented, and able to communicate effectively across teams to drive data-informed decision-making and optimize portfolio performance.
Role & Responsibilities:
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Develop financial models to analyze cash management, capital expenditures, and residual cash payments for portfolio properties.
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Conduct comprehensive financial analyses to support asset management plans and optimize property financial performance.
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Collaborate with finance and accounting teams on annual waterfall calculations, forecasts, and compliance-sensitive reporting.
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Review GAAP annual property audits and ensure alignment with consolidated audits.
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Analyze portfolio operating budgets and identify financial trends with Asset Managers.
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Lead enterprise-level portfolio risk management reporting and recommend mitigation strategies.
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Define and standardize performance metrics for portfolio property financial performance using benchmarks and tools.
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Partner with Asset Managers to develop strategic capital plans and budgets to strengthen portfolio financial health.
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Support due diligence and underwriting for acquisitions, refinancing, re-syndication, and repositioning projects.
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Analyze and present proposals for 15-year exit strategies on portfolio properties.
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Ensure appropriate capital and reserve investments to maintain asset quality and relevance.
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Conduct market research and analyze data on occupancy, rental rates, demographics, comparable properties, and economic conditions.
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Support and leverage ERP systems to consolidate financial reporting and prepare portfolio analysis.
Education, Experience, and Abilities:
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Bachelors degree in Business Administration, Real Estate, Finance, Accounting, or related field (CPA preferred).
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Minimum 3+ years in a finance/accounting role.
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Minimum 5+ years of experience in affordable housing or real estate with portfolios of at least 3,000 apartments.
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Advanced Excel skills and strong quantitative, analytical, and critical thinking abilities.
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Proven ability to lead complex financial analysis within real estate financing structures.
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Excellent communication and presentation skills for engaging diverse stakeholders.
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Strong attention to detail and accuracy.
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Demonstrated ability to support diverse and inclusive housing initiatives.
Physical Abilities:
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Ability to sit, stand, and move for extended periods.
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Move equipment weighing 2035 pounds independently; more than 35 pounds with assistance.
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Navigate office, outdoor areas, and construction sites while following safety protocols.