This job opportunity is being re-announced. If you applied previously, you do not need to re-apply to be considered.

Works as part of the Asset Management Division. Takes initiative to ensure that properties are physically well maintained and in compliance with all lender, U.S. Treasury, HUD, LIHTC and other regulatory requirements, including HCD policies and procedures, agreements, programs and covenants. As an integral member of HCD, interacts in a thoughtful and collaborative manner with the community level and senior management and exemplifies the highest standards of honesty, respect, integrity, and discretion.

The position:

• Performs regular financial analysis of assigned portfolio's operating results and performance versus their business plan and searches for opportunities to maximize revenue and minimize expenses.
• Conducts on-site property inspections and file review; identifies and documents deficiencies in property condition, cleanliness, and service levels.
• Conducts preliminary analysis on repositioning of properties and recommends ways to enhance the property.
• Keeps current on market factors that impact the positioning and performance of assigned portfolio.
• Ensures a complete and clear understanding of federal, state and local program requirements for assets within portfolio.
• Assists in the annual involvement of the property audits.
• Reviews and analyzes annual operating budgets and business plans.
• Assists the division director with understanding factors impacting monthly, quarterly and annual reporting results.
• Documents and communicates regularly regarding the performance of the assigned assets and/or portfolio performance with Division Director.
• Attends public meetings and presents information on HCD programs, as required.
• Coordinates activities for projects within assigned portfolio with third party management, other asset managers and other HCD staff (i.e. Financial Management, Real Estate Finance, Grants Management, and Design, Development and Construction Divisions) and other Fairfax County agencies and related groups.

(The knowledge, skills and abilities listed in this specification are representative of the class but are not an all-inclusive list.)
Extensive knowledge of housing law and programs, site planning, real estate and land use law and building construction practices;
Knowledge of budget development and administration, and/or basic principles of accounting;
Ability to understand, interpret, explain, and apply applicable federal, state, and local laws and regulations;
Ability to communicate effectively in verbal, written and graphic forms;
Ability to supervise others;
Ability to establish and maintain effective working relationships with public officials, private developers and contractors, citizen groups and community residents;
Ability to lead multiple projects from concept through implementation;
Ability to coordinate project participants from multiple organizations, motivating them toward project completion;
Ability to prepare clear and concise reports. 

MINIMUM QUALIFICATIONS:
Any combination of education and experience equivalent to a bachelor's degree in public or business administration, real estate finance, or related field, plus four years of progressively responsible managerial experience in the fields of real estate, real estate finance, affordable housing asset management, or property management. A master's degree in a related field may be substituted for one year of the required experience. 

Click here to learn how Fairfax County interprets equivalencies for "Any combination, experience, and training equivalent to"

CERTIFICATES AND LICENSES REQUIRED:
Driver's license.

NECESSARY SPECIAL REQUIREMENTS:
The appointee to this position will be required to complete a criminal background check and a driving record check to the satisfaction of the employer.

All newly hired employees are required to be fully vaccinated against COVID-19 (two weeks after the last required dose) as a condition of employment or obtain approval of a medical or religious exemption prior to their start date. Proof of an exemption or vaccination status will be required during the pre-employment onboarding process. New employees who obtain an exemption from the vaccine mandate for medical or sincerely held religious beliefs will still be subject to the weekly testing requirement. Vaccinated employees and employees with a medical or religious exemption will complete the attestation online on their first day of employment or shortly thereafter.

PREFERRED QUALIFICATIONS:

• Preferred candidates will have a bachelor's degree in Business Administration, Finance or progressive working experience and knowledge within the area of asset management, local and federal housing programs, and/or residential multifamily housing development.
• Solid budget and financial management background, with working knowledge of financial underwriting and modeling to create/manipulate/review pro-forms, budgets, cash flow analysis, and forecasting reports.
• Strong written and oral communication skills are critical.
• Outstanding customer service skills and ability to establish and maintain effective working relationships.
• Ability to plan and implement activities in order to ensure effective and efficient utilization of resources.
• Preferred advanced knowledge of Excel and YARDI.
• Strong team leadership skills.
• Experience working with the public is preferred.
• Experience working in the following areas: Multifamily Asset Management Multifamily
  Property Management Low Income Housing Tax Credit (LIHTC) and/or
  Federally Subsidized Programs (HCV, PBV, PBRA, CDBG, HOME, SPRAC, etc.)