Senior Asset Manager (LIHTC)

MRI Software•Boston, MA

1d•Remote

About The Position

Work as part of a cross-functional team to protect and increase asset value – including both tax benefits and cash flow -- on behalf of clients as part of MRI Asset Management Services formerly known as TCAM. Develop and maintain strong relationships with clients, general partners, lenders, government agencies, investors and property managers. Understand partnership, financing and tax matters, as well as real estate issues at the operating partnership level.

Requirements

Bachelor’s Degree
Senior-Level Tax Expert with Limited LIHTC (Low-Income Housing Tax Credit) Asset Management Significant Experience
Benefits Schedules
Strong analytical skills
Proficiency in financial analysis and spreadsheet modeling
MS Excel and Word proficient
Excellent organizational, communication, and analytical skills
Ability to work well with others and thrive in a collaborative, team-based, dynamic environment – pitching in wherever needed to achieve team goals.
Flexibility and ability to manage conflicting priorities.

Responsibilities

Review and monitor monthly or quarterly operating reports and evaluate performance.
Establish relationships and communicate regularly with the client and others involved in the specific assets, including syndicators, lenders, management agents and government officials.
Ensure the timely receipt and integrity of asset information collected and stored in Asset Management database.
Assist with the creation of reports from Asset Management database including written specifications and pre-production testing.
Analyze annual audited financial statements and follow-up with the general partner/borrower on any issues identified.
Analyze operating partnership tax returns and work with the general partner and accountants to resolve problems.
Inspect construction sites and evaluate construction draw requests for payment release.
Monitor construction and lease-up progress, including management's marketing efforts.
Conduct site visits to evaluate property management, property marketability and market positioning, management plan, and physical condition of properties.
Review tenant files and evaluate compliance with Section 42 requirements.
Analyze local market conditions and competition.
Respond to client requests for information through informal interactions and formal presentations.

Benefits

Medical coverage options and HSA benefit
Competitive 401k plan
Parental Leave Program
20 days PTO plus observed Holidays
15 hours of ‘Flexi’ time a year
Tuition Reimbursement offerings
Flexibility of working from anywhere in the world for two weeks out of the year
Employee-led resource groups
16 extra hours to your time off to shorten your workday as part of our Flex at MRI program.
16 hours of paid time to volunteer.
Employee referral scheme
Regional-specific healthcare benefits for you and your family.
Parental support perks