Asset Manager - Jubilee Housing

About Jubilee Housing

The mission of Jubilee Housing is building diverse, compassionate communities that create opportunities for everyone to thrive. Since 1973, Jubilee has worked to provide high quality affordable housing and holistic support to those experiencing persistent economic hardship in the Adams Morgan and Columbia Heights neighborhoods of Washington D.C. Jubilee operates 1properties totaling 465 units of affordable housing, with another four properties and 120 units under development, and offers robust programming for residents and community members pursuing life goals.

• Oversee and manage Jubilee Property Management division to ensure high quality and on-budget operations.
• Utilize systems such as accounting systems to enhance Jubilee Housing's real-time reporting and analytical capabilities.

• Obtain leadership approval for certain property expenditures.
• Develop reports and/or a dashboard to analyze the performance of Jubilee Housing's portfolio.
• Manage all regulatory and compliance submissions and Monitor and validate compliance with lender, investor, government funders, and with regulatory agreements and funding requirements.
• Assist with annual property audits to ensure they are completed in a timely manner.
• Contribute to the resolution of operation issues or concerns, including the submittal of replacement and operating reserves for approvals and follow-thru for transfer of funds.
• Facilitate responses to government and/or lending agencies.
• Lead review and approval process in the annual budgeting for each property.
• Contribute to decisions regarding maximizing property cash flow and fees paid to Jubilee Housing.
• Lead and participate in internal and external team meetings; prepare reports and presentations to executives, external partners, and the public; participate in trainings and conferences and regional meetings to ensure.
• Implement or evaluate Property Management plans.
• Performs other tasks as may be assigned and Risk Management
• Responsibilities include directing the purchase of insurance programs, management of claims and loss control activities, management of relationships with third party service providers including brokers, insurers and other TPAs, implementing safety approved programs, promoting loss prevention, updating and monitoring compliance with insurance procedures and managing safety/risk management manuals.
• Complete property inspections as part of monitoring property performance, management execution and property capital needs
• Complete property inspections as part of monitoring property performance, management execution and property capital needs

• Relevant experience in multifamily property management for a general or limited partner. Specific knowledge of affordable programs, such as IRS Section 42 (LIHTC), HUD, HOME, DCHA's LRSP.
• Previous experience must include responsibilities for understanding property budgets, variance analysis, capital improvement plans, investor and lender reporting requirements,
• Detailed knowledge of and ability to interpret legal documents such as loan documents, limited partnership agreements, regulatory agreements and agreements for the provision of resident
• Experience with accounting software preferred Real Page Onesite is a plus.
• Advanced Microsoft Excel skills required.
• Able to render and act upon an opinion decisively and yet be flexible in eliciting other opinions.
• Able to interact with all levels of organization, agencies, and tenants with the correct perspective ranging from prudence to compassion.
• Excellent verbal, written and organizational skills.
• Self-motivated and hard worker
• A collaborator who is able to work independently.
• Highly motivated, with a positive can do attitude.
• An analytical approach with a results-oriented mindset
• Ability to think like an owner in all decision making.

• Bachelor's Degree preferred.
• 3-5 years of relevant job experience preferred.
• Familiarity with non-profit multi-funded organization desirable

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