Description
Job Summary:
The Associate Director, Portfolio Management is a strategic finance and asset management leader responsible for evaluating the financial health and performance of a portfolio of affordable and multifamily housing assets. This role bridges asset-level financial performance with enterprise-level financial planning, ensuring that operational outcomes align with organizational goals, compliance standards, and long-term sustainability. The ideal candidate is analytical, detail-oriented, and able to communicate effectively across teams to drive data-informed decision-making and optimize portfolio performance.
Role & Responsibilities:
Develop financial models to analyze cash management, capital expenditures, and residual cash payments for portfolio properties.
Conduct comprehensive financial analyses to support asset management plans and optimize property financial performance.
Collaborate with finance and accounting teams on annual waterfall calculations, forecasts, and compliance-sensitive reporting.
Review GAAP annual property audits and ensure alignment with consolidated audits.
Analyze portfolio operating budgets and identify financial trends with Asset Managers.
Lead enterprise-level portfolio risk management reporting and recommend mitigation strategies.
Define and standardize performance metrics for portfolio property financial performance using benchmarks and tools.
Partner with Asset Managers to develop strategic capital plans and budgets to strengthen portfolio financial health.
Support due diligence and underwriting for acquisitions, refinancing, re-syndication, and repositioning projects.
Analyze and present proposals for 15-year exit strategies on portfolio properties.
Ensure appropriate capital and reserve investments to maintain asset quality and relevance.
Conduct market research and analyze data on occupancy, rental rates, demographics, comparable properties, and economic conditions.
Support and leverage ERP systems to consolidate financial reporting and prepare portfolio analysis.
Requirements
Education, Experience, and Abilities:
Bachelor’s degree in Business Administration, Real Estate, Finance, Accounting, or related field (CPA preferred).
Minimum 3+ years in a finance/accounting role.
Minimum 5+ years of experience in affordable housing or real estate with portfolios of at least 3,000 apartments.
Advanced Excel skills and strong quantitative, analytical, and critical thinking abilities.
Proven ability to lead complex financial analysis within real estate financing structures.
Excellent communication and presentation skills for engaging diverse stakeholders.
Strong attention to detail and accuracy.
Demonstrated ability to support diverse and inclusive housing initiatives.
Physical Abilities:
Ability to sit, stand, and move for extended periods.
Move equipment weighing 20–35 pounds independently; more than 35 pounds with assistance.
Navigate office, outdoor areas, and construction sites while following safety protocols.
