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Job Category : | Business |
Company Name: | Real Estate Equities |
Position Name: | Asset Manager |
Location : | Saint Paul, MN 55102 |
Job Description : | Title: Asset Manager Job Classification: Exempt Reports to: Chief Financial Officer Purpose: To increase the net income of properties by identifying ways to increase income, lower expenses and find operational efficiencies. Asset Manager Job Duties and Responsibilities: Represent the building owners to the Management Company Review financials monthly for all assets Review and represent the monthly Asset Management report or other KPI’s as necessary to ensure solid financial performance Maximize income at all properties thru rent growth and efficient tenant charges Minimize property expenses Work with our utility provider to monitor utility usage, manage trends and address outliers Research and implement software’s to assist you in your goals, including Yield star or Rent Maximizer Manage insurance claims including the construction process Communicate with partners about each asset and make recommendations on capital expenditures Assist with annual budget process including ensuring positive trends and realistic goals Review and approve capital expense improvements in annual budget and approve exceptions if needed Implement capital asset projects and monitor process to completion. Assess physical condition of property on an annual basis and make recommendation for improvements as well as asset preservation Ensure that property tax protests for correct property valuations are completed as required Manage replacement reserves so they are sufficient for the future needs of the property Recommend and monitor scope of rehab needs and 5-year capital plans Direct, maintain and adhere to company and site quality standards Asset Manager Non-Essential Job Duties and Responsibilities: Perform other duties, as assigned Asset Manager Position Requirements: Previous Asset Management experience and or Portfolio Director experience Strong written and verbal communication skills Strong organizational and planning skills Possess strong, intermediate computer skills, including /Microsoft Office Suite Effective leadership skills Travel as necessary to complete job duties Ability to sit for extended periods of time in front of a computer Ability to walk for extended periods of time as well as bend, kneel and go up and down stairs Monday through Friday |
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