LIHTC Regional Manager at Cirrus Asset Management

San Francisco, California, United States -

Full Time

Start Date

Immediate

Expiry Date

19 May, 26

Salary

130000.0

Posted On

18 Feb, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Property Management, LIHTC, Affordable Programs, Hiring, Training, Supervising, Staff Development, Fair Housing, Leasing, Marketing, Physical Asset Inspection, Maintenance Monitoring, Financial Reporting, Budgeting, Rent Collection, MS Word

Industry

Real Estate

Description

Company Description At Cirrus Asset Management, we are dedicated to providing exceptional property management services to property owners and residents alike. With our expertise and passion for real estate, we strive to create a seamless and rewarding experience for all parties involved. Our company culture is defined by its unwavering commitment to integrity, empowerment, respect, teamwork, innovation, and exceptional customer service. These values shape our everyday actions and guide us in achieving our mission and serving our clients effectively. Employee Benefits Paid Holidays, Sick, and Vacation Time Health Insurance Life Insurance Dental Insurance Vision Insurance 401k Plan Healthcare Spending or Reimbursement Accounts such as HSAs, FSAs, HRPs, and HRAs Job Description This position will oversee both Affordable and Market Rate Properties in Northern California *** LIHTC KNOWLEDGE AND EXPERIENCE IS REQUIRED*** KEY DUTIES AND RESPONSIBILITIES: Uphold the Company's Core Values and Mission Statement. Responsible for hiring, training, supervising, developing, and terminating all on-site personnel. Ensure staff compliance with company policies and procedures (including disciplinary action, if necessary). Ensure optimal staff performance and timely completion of all job duties. Assist with special projects and administrative tasks.*Maintain positive relationships with other departments within the Company's Companies to ensure accurate and timely completion of work product. Assist with all written work generated by Property Managers. Determine the strengths and weaknesses of individual employees and work on goal setting; improving the performance of each person according to his or her capabilities and personal goals. Handle and/or assist with all resident problems that cannot be solved by the Property Manager.*Attend all scheduled inspections and reviews.*Audit resident files on a regular basis, paying attention to proper documentation and ensuring compliance procedures are being followed. Maintain reasonable awareness of relevant laws and agency regulations, including but not limited to fair housing, sexual harassment, disability accommodations, and landlord-tenant relationships as they apply to the policies and procedures of the company and the communities. PURSUE MARKETING & LEASING Understand the target market of your community by outlining marketing goals, preparing regular market surveys, keeping open lines of communication with surrounding communities, and aiming for advertising and promotions.*Review rental applications and lease documents for accuracy and compliance with corporate policies. MAINTAIN THE PHYSICAL ASSET Inspect the properties on a regular basis for safety hazards, property damage, and needed repairs by maintenance staff. Follow up on repairs to verify completion and compliance with standards, property insurance companies, government agencies, and company safety policies and risk management procedures. Monitor preventative maintenance work and resident service requests. Evaluate maintenance operations periodically to determine cost efficiency. Make recommendations for major physical repairs, replacements, and improvements. Submit to the Director of Operations for approval. Monitor purchases of routine supplies and materials, ensuring expenses are within allocated budget amounts. MAXIMIZE FINANCIAL RETURNS; MONITOR REPORTING & CONTROLS Implement and supervise the rent collection program. Achieve budgeted NOI. Assist Property Manager and corporate accountants in the preparation of monthly financial accounting reports and explanation of budget variances.*Assist Property Manager with preparing management plans, marketing plans, vendor contracts, and budgets.*Approve invoices for payment that exceed maximum spending amounts allocated to site staff. Ensure payroll information is reported to the corporate office on time. Monitor resident account receivables on a weekly basis. Review and complete monthly community report for corporate office; attend monthly managers' meetings. Review, approve and/or sign all contracts/proposals in conjunction with the Property Manager. Provide final approval of payroll, reports, budgets, and property invoices. Qualifications Minimum five consecutive years of experience in Property Management or related experience three of those years overseeing 5 or more properties. - Required Direct experience in LIHTC and other affordable programs in California - Required Active Real Estate Salesperson License in good standing - Preferred Valid Driver's License, operational vehicle and valid automobile insurance. The job requires travel throughout assigned portfolio of properties on a weekly basis. A degree from a four-year college is preferred; experience and industry designations in lieu of a degree are possible considerations. Computer literate, specifically MS Word, Excel (advanced level preferred), and Outlook for Windows. Knowledge of Yardi Residential preferred. Minimum of three years experience supervising others, preferably on-site. Team player with a strong work ethic and ability to interact with a variety of people and personality types. Strong verbal and written communication skills. Capable decision-maker with the ability to negotiate effectively. Must have the ability to climb stairs and ladders if necessary. Must be flexible to work after-hours in emergency situations. Physically and mentally able to perform the duties listed above, all of which are deemed 'essential functions of the job. Additional Information Pay Range: $125,000 - $130,000 per year Properties located throughout the San Francisco Bay Area. We are an equal opportunity employer and all applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law. We will consider for employment qualified applicants with criminal histories. The above job description is not intended to be an all-inclusive list of duties and standards of the position. All your information will be kept confidential according to EEO guidelines. On-call: No Compensation: USD125000 - USD130000 - yearly

Responsibilities

This role involves overseeing both Affordable and Market Rate Properties in Northern California, requiring the management of all on-site personnel, ensuring compliance with company policies, and handling escalated resident problems. Key duties include auditing resident files for compliance, pursuing marketing and leasing goals, maintaining the physical assets, and maximizing financial returns through monitoring reporting and controls.