Enterprise is a national nonprofit that exists to make a good home possible for the millions of families without one. We support community development organizations on the ground, aggregate and invest capital for impact, advance housing policy at every level of government, and build and manage communities ourselves. Since 1982, we have invested $64 billion and created 951,000 homes across all 50 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands - all to make home and community places of pride, power and belonging.

Join us at enterprisecommunity.org

Working at Enterprise

At Enterprise, you'll be part of a diverse, committed team making a difference every day. You will collaborate with some of the smartest minds and biggest hearts in our field. You'll be empowered to drive systems change and take bold steps to advance racial equity. And you will find a career home where you're valued and supported in your growth journey.

Enterprise offers career opportunities in our with an.

Job Description Summary

Job Description

ESSENTIAL RESPONSIBILITIES:

• Manage the financial and physical performance of the ECD portfolio in collaboration with property management, development, and resident services.
• Receive, review, and evaluate monthly financial statements and follow-up on variances.
• Review and approve annual operating budgets and capital expenditure plans.
• Review and approve non-routine expenditures.
• Conduct site visits and review property management systems.
• Develop strategic plans for underperforming communities and supervise execution of the plans by property management.
• Develop and update annual business plans for each community.
• Participate with the ECD development team in developing the scope of work and operating budgets for properties to be acquired/renovated/refinanced.
• Identify operational issues throughout design/construction/lease-up/stabilization phases of development and work with cross-functional project teams to devise solutions.
• Provide a leadership role in the transition of all properties from development to operations. Work with development to execute lease-up strategy in collaboration with property management. Work with property management and development to ensure items such as security contracts, controlled access, video surveillance, and internet/video have been considered, and if appropriate, contracts/equipment are put in place.
• Establish a feedback loop with the development team to capture learnings from portfolio operations to inform future project design and development.
• Identify, prioritize, and resolve physical and operating problems/issues with properties.
• Assist with property insurance related matters including claims reporting and gathering certificates.
• Monitoring property debt and the expiration of LIHTC compliance to identify opportunities for restructure, refinance or acquisition of limited partners' interests.
• Coordinate with property management compliance staffto ensure affordable housing program reporting requirements are being met.
• Manage timely and accurate communications and reports with investors, lenders, government officials and others as required.
• Approve major contracts with third-party vendors.
• Monitor property operations, including weekly occupancy levels.
• Assist in resolving resident issues with property management and resident services.
• Review and approve property tax assessments and coordinate property tax appeals with local counsel. Approve real estate tax invoices for payment.
• Work with Director of Security to ensure security assessments and related action plans are being implemented.

QUALIFICATIONS & SKILLS:

• Bachelor's degree or equivalent required, preferably in real estate, business management, accounting, finance or related field. Master's degree in real estate, MBA, CPA, CFA preferred.
• 3+ years multi-family real estate, finance, and/or asset management experience.
• Experience managing a portfolio of real estate, and familiarity with private financing and federal, state, and local government funding.
• Strong organizational skills and ability to coordinate complex activities, prioritize conflicting demands and meet deadlines. Strong business writing skills.
• Ability to collaborate effectively with cross-functional teams and diverse groups of people from different backgrounds.
• Strong analytical skills and the ability to read, interpret, and analyze financial statements.
• Sound understanding of multi-family real estate terminology and concepts with a working knowledge of LIHTC preferred.
• Strong computer skills with excellent MS Excel skills.
• Highly motivated and able to work independently.
• Excellent problem-solving and communication skills. Comfort level using multiple electronic mediums to communicate (MS Teams, Zoom, email).
• Must demonstrate strong ethics in interpersonal relations and work as an effective, collaborative team member to produce high-quality results.

Total Rewards at Enterprise:

• You will be working with a group of talented professionals who are motivated by serving the community and addressing the need for affordable housing. Enterprise offers a comprehensive total rewards package for you and your family.
• The base salary for this role is $111,800/year to $137,500/year, depending on level of skills and experience.
• The salary range for this position is represented by the low and high end of the range for the amount to be paid for the position. Salaries paid at Enterprise will vary based on factors that may include skills, education, location, experience, and performance. The salary range is just a part of the total rewards package provided to employees at Enterprise, and other rewards may include annual performance bonuses and generous paid leave programs.
• At Enterprise, our benefits form a major component of our total rewards package. Benefits include dental, health, and vision care plans, as well as family-building benefits, such as fertility, adoption, surrogacy support, and gender-affirming care. Enterprise allows flexible work arrangements to promote a better work-life balance. We offer health advocacy, EAP, and mental health benefits. We round out our total rewards package by offering financial education, wellness programs, and auto-enrollment in the company's 401(k) plan with employer matching contributions. Finally, you will have learning and development opportunities, including tuition reimbursement for job-related courses and certifications. Thank you for your interest in joining the Enterprise team in our effort and commitment to serve others.

PHYSICAL DEMANDS/WORKING CONDITIONS:

• Able to work under pressure, including evenings and weekends during peak periods. Peak periods are anticipated to be the 4th and 1st quarters.
• Able to travel for periods of up to 2 hours (air, car, train).
• Able to climb stairs at communities during site visits.
• When visiting project sites, incumbent may be exposed to varying environmental conditions (e.g., inclement weather, dirt, dust, and other construction work site hazards).
• Valid driver's license required, with own insurance.

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