Senior Manager, Asset Manager

USA Properties Fund•Roseville, CA

6d•$125,000 - $130,000

About The Position

USA Properties Fund, Inc. (“USAPF”) is seeking a Senior Asset Manager to lead strategic initiatives that enhance the financial and operational performance of a portfolio of affordable housing properties. This role focuses on improving asset performance through proactive analysis, collaborative problem-solving, and implementation of performance improvement strategies, while maintaining compliance and supporting long-term portfolio health.

Requirements

Bachelor’s degree in Finance, Business Administration, Real Estate, or related field (Master’s preferred).
Minimum of 7 years in asset management or property management, with experience in affordable housing (LIHTC, HUD).
Expertise in financial modeling, cash flow analysis, and NOI optimization strategies.
Proficiency in Yardi or similar ERP systems, Business Intelligence software, and advanced Excel skills.
Strong analytical and problem-solving abilities.
Excellent communication skills for diverse stakeholders.
Ability to interpret complex agreements and financial documents.

Responsibilities

Serve as the owner’s representative for a defined portfolio, with emphasis on assets requiring enhanced performance.
Monitor property financials monthly against budget; identify trends and recommend strategies to improve NOI and overall financial health.
Lead development and execution of asset-level improvement plans in partnership with property management and internal teams.
Oversee governance meetings for assigned assets, presenting performance updates and improvement strategies to leadership.
Conduct variance analysis on income statements; identify revenue opportunities and expense efficiencies.
Review loan documents and analyze terms to ensure alignment with asset strategies.
Perform DSCR calculations and develop strategies to optimize debt service coverage.
Partner with Construction and Corporate Accounting teams to monitor project costs, identify variances, and proactively address potential funding shortfalls to ensure financial alignment throughout development.
Support capital planning and reserve funding decisions to maintain long-term asset viability.
Review physical attributes and maintenance trends to identify deferred maintenance before it becomes a capital crisis.
Collaborate with property management to address operational challenges, including occupancy, delinquency, and lease-up performance.
Ensure compliance with LIHTC, HUD, and other affordable housing regulations in coordination with the Compliance team.
Prepare and present detailed performance reports to internal leadership and external partners, as needed.
Maintain accurate data in centralized systems for reporting and decision-making.
Develop and manage relationships with lenders, investors, and regulatory agencies to support asset objectives.
Perform additional responsibilities as assigned by your supervisor to support departmental and organizational objectives.