Asset Manager

Overview

Asset Manager

$85K–$105K + bonus

Hybrid work schedule: 3 days/week in office

Location:

Boston, MA

Mission‑driven, nationally recognized organization in the affordable housing space with over two decades of experience in the LIHTC industry. The firm has played a key role in financing and developing tens of thousands of affordable homes nationwide. Employees enjoy a collaborative, values‑based culture, strong leadership, opportunities for professional growth, and a competitive compensation and benefits package that supports long‑term career success and work‑life balance.

• Manage a portfolio of LIHTC assets during the development phase
• Monitor key milestones including construction completion, lease‑up, stabilization, loan conversions, and issuance of 8609s
• Lead transition calls for newly closed partnerships, including new relationships and acquisition rehabs
• Track and calculate tax credit delivery through review of occupancy reports, cost certifications, and 8609s
• Ensure ongoing compliance with partnership agreements and Section 42 requirements
• Review monthly, quarterly, and annual financial reporting; analyze benchmarks and perform risk assessments
• Coordinate audits, tax returns, and compliance reviews with internal teams and third‑party partners
• Review construction draws and process equity installments; project future equity timing and funding needs
• Evaluate GP requests for deal changes and prepare formal recommendations
• Identify risks during development and collaborate on solutions to keep projects financially balanced

• Bachelor’s degree in finance, accounting, real estate, or a related business field
• 2+ years of experience in asset management, affordable housing, development, or real estate finance
• Working knowledge of Section 42 / LIHTC program requirements strongly preferred
• Strong financial analysis and reporting skills with advanced Excel proficiency
• Experience reviewing construction draws, budgets, and funding schedules
• Excellent communication skills and comfort working with senior leadership and external partners
• Ability to manage multiple projects, prioritize deadlines, and work independently
• LIHTC Compliance Certification (or ability to obtain)