Asset Manager

Senior Lifestyle • Chicago, IL

11d • $115,000 - $125,000

About The Position

Do you have HEART? We are looking for individuals who can embrace our mission to purposely brighten and enrich the lives of those we serve with HEART; Hospitality, Excellence, Appreciation, Respect & Teamwork. In this role you will be responsible for assisting with day-to-day operational and administrative tasks. Job Description Salary Range: $115,000-$125,000 Review operational performance and financial results for a portfolio of properties and compare performance to budget, historical and proforma underwriting. Financial modeling, budgeting, and forecasting of existing assets – ability to review and recognize areas of opportunity, help identify root cause, and provide possible solutions for improvement in partnership with Operations team. Prepare financial packages for investors and lenders to include financial performance and key performance metrics (Payroll, Occupancy, NOI, Debt Services/Lease Payments, etc). Attend and actively participate in monthly/quarterly investor meetings (presenting financial performance, operational goals, market data, etc). Actively participate in the creation of annual business plans and operating budgets Works closely with Asset Management Analysts to create new efficiencies. Proactive approach to making changes to improve upon our investor relations and internal communications. Develop strategy and procedure for internal and external reporting for measuring community performance. Assistance with training and coaching team members Interface with investors, lenders and senior leadership team. Maintain confidentiality of all pertinent information. Perform other duties as assigned.

Requirements

• Level of Formal Education: BBA
• Area of Study: Finance, Real Estate or Accounting
• Years of Experience: 3-5
• Type of Experience: Seniors Housing or Healthcare Industry preferred; Asset Management
• Possesses strong organizational skills and ability to multi-task and meet deadlines
• Interacts professionally and effectively with all levels of the organization, including community staff, residents, family members, and investors
• Knowledge of real estate, underwriting, valuation, legal documentation, purchases/sales and property operations
• Advanced experience with Excel (Hyperion experience a plus)
• High level oral and written communication
• Strong organizational skills.
• Light travel required
• Information Systems: Excel, Hyperion (not required), Yardi (not required)

Nice To Haves

• Seniors Housing or Healthcare Industry preferred
• Asset Management
• Hyperion experience a plus
• Yardi (not required)

Responsibilities

• Review operational performance and financial results for a portfolio of properties and compare performance to budget, historical and proforma underwriting.
• Financial modeling, budgeting, and forecasting of existing assets – ability to review and recognize areas of opportunity, help identify root cause, and provide possible solutions for improvement in partnership with Operations team.
• Prepare financial packages for investors and lenders to include financial performance and key performance metrics (Payroll, Occupancy, NOI, Debt Services/Lease Payments, etc).
• Attend and actively participate in monthly/quarterly investor meetings (presenting financial performance, operational goals, market data, etc).
• Actively participate in the creation of annual business plans and operating budgets
• Works closely with Asset Management Analysts to create new efficiencies.
• Proactive approach to making changes to improve upon our investor relations and internal communications.
• Develop strategy and procedure for internal and external reporting for measuring community performance.
• Assistance with training and coaching team members
• Interface with investors, lenders and senior leadership team.
• Maintain confidentiality of all pertinent information.
• Perform other duties as assigned.

Benefits

• Senior Lifestyle offers a comprehensive benefits plan to eligible team members including health, dental, vision, retirement benefits, short-term disability, long-term disability, and paid time off.
• All Senior Lifestyle positions are eligible to use DailyPay, an application that allows you to access your earned but unpaid wages before your next payday.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level