Assistant Community Manager - Affordable

Posted 2 Days Ago
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Houston, TX
Junior
Real Estate
The Role
The Assistant Community Manager supports the property revenue and profit targets while ensuring high standards of customer service. Responsibilities include maintaining property accounting, processing payments, compliance with affordable housing regulations, leasing apartments, and mentoring the leasing team.
Summary Generated by Built In

$1,000 First-Year Bonus*

Assistant Community Manager - Affordable

OUR COMPANY:

At Fairfield, we are proud to be a leader in the multifamily housing industry. We are passionate about creating exceptional and luxurious apartment living. Among the most experienced multifamily companies, Fairfield has developed and acquired over 1000 communities since 1985. We are an award-winning company that proudly employs over 1,400 associates who are dedicated to serving our customers at our apartment communities located in over 30 markets nationwide.

Being a part of Fairfield means more than a rewarding career with personal growth. It’s a partnership for the long term, working alongside colleagues in an open-dialogue environment that encourages growth and the sharing of ideas. We know that our associates are a key ingredient to our success, and we’re proud to reflect that in our culture.

ABOUT THIS ASSOCIATE:

Fairfield properties are known for our visible and available on-site staff that keep our residents loving where they live. Our Assistant Community Managers are critical members of our sales and management team that maintain these high standards with a customer-centric mindset.

Together with the Community Manager, this Associate works to ensure the property’s revenue and profit targets are met while maintaining best in class standards for customer service and high retention for our residents. Assistant Community Managers are responsible for cultivating and managing the resident experience while supporting the property’s accounting needs and leasing policies.

This is a busy, exciting job for a candidate that is eager to apply their superior leasing and marketing experience into the next step of their career in property management. This position reports to the on-site Community Manager and successful associates may be promoted to more senior positions on the Property Management team.

WHAT YOU CAN EXPECT TO DO IN THIS ROLE:

ACCOUNTING & BOOKKEEPING

  • Maintain all property accounting and reporting, including collecting and posting rent, financial and leasing reports, month end, pre close, bank deposits and ensuring a balanced rent roll.

  • Prepare monthly close-out and financial reports.

  • Process invoices for payment.

  • Collect rent, fees, and other payments.

  • Complete bank deposits, dispositions, and account reconciliations.

  • Use property management software such as Yardi to record, track, and report on all financial workings of the community.

AFFORDABLE COMPLIANCE

  • Gather and follow up on all verifications of income, as required for LIHTC and/or HUD programs.

  • Monitor correct usage of income and rent limits as well as utility allowances.

  • Walk units to prepare for state required inspections.

  • Maintain positive relationship with local housing authority. 

CUSTOMER SERVICE & SALES

  • Use your leasing and sales experience to lease apartments.

  • Promote resident satisfaction and retention by regularly responding to complaints, questions, and requests in a timely manner.

  • Take all appropriate action to resolve and address service issues.

TEAMWORK

  • Cheer, lead and mentor our leasing team. They will look to your guidance and experience related to leasing, closing, marketing, apartment files, and resident retention.

  • Work closely with the Community Manager regarding all property operations.

WHAT YOU’LL NEED ON DAY ONE:

  • Minimum of one year of residential leasing, sales and/or property management experience required.

  • Bilingual in English & Spanish preferred

  • Minimum of one year of LIHTC experience required.

  • Experience in leadership and supervising a staff preferred.

  • Experience using Yardi or other related property management accounting software

  • Strong knowledge of Microsoft Outlook, Word, and Excel.

  • Strong math and accounting skills.

  • Understanding of financial statements (budget, financial reports, accounting information, etc.).

  • Strong understanding of federal, state, and local fair housing laws and provisions. 

  • High school diploma or equivalent required.

  • Housing Credit Certified Professional (HCCP) Designation preferred.

  • Knowledge of Low Income Housing Tax Credit (LIHTC).

  • Knowledge of IRS 8823 guide and HUD 4350.3 manual. 

  • Certified Occupancy Specialist (COS) or Certified Professional of Occupancy (CPO) designation preferred if HUD property. 

  • Ability to work a flexible schedule to include weekends, evenings, and some holidays.

  • Valid driver’s license required.

*The First-Year Bonus, less usual deductions, will be divided into two equal payments: the first payment following the completion of 90 days of employment, and the second payment following the completion of 1 year of employment.

#LI-PAT

Estimated Rate of Pay:

$22.15 - $28.80

This position is non-exempt; the range above reflects hourly rates.

The pay range displayed for this position is determined by skills and experience required, location and job complexity*. Potential job offers may vary based on the skills, education, and experience an individual candidate holds. This range reflects base rate only, and does not include allowances, perks, commissions or bonuses applicable to this position (if any). In addition to base salary, Fairfield offers all full time associates the following, upon meeting eligibility requirements: 

  • Paid time off, paid holidays and sick days, paid time off for volunteering activities (optional) 
  • Matched 401(k) 
  • Medical, dental & vision insurance 
  • Flexible spending account 
  • Life insurance 

* Pay range is a calculation based on a midpoint price. Fairfield complies with all wage and hour laws, including minimum wage and salary exempt requirements.

The Company
HQ: San Diego, California
1,399 Employees
On-site Workplace
Year Founded: 1985

What We Do

Fairfield is a fully integrated real estate operator and investment manager in the multifamily sector with in-house development, construction, acquisition, property and asset management services across a broad spectrum of investment strategies. Fairfield’s core capabilities span acquisition and development strategies including LIHTC Affordable, Value Add, Core Plus, Develop to Core, Suburban Development, and U.S. Multifamily Debt.

Fairfield is one of the top multifamily housing owners, developers and property managers in the U.S. as ranked by NMHC. We strive to create vibrant neighborhoods, deliver attractive returns, work collaboratively and make meaningful sustainable contributions to our communities. With over 37 years in the multifamily sector, Fairfield has acquired or developed 1,015 communities consisting of over 285,000 units and $39.8 billion in total project costs. Our current property management is 41,000 units in over 30 markets nationally (as of September 30, 2022).

Being a part of the Fairfield family of associates nationwide means more than a rewarding career with personal growth. It’s a partnership for the long term, working alongside colleagues in an open-dialogue environment that encourages growth and the sharing of ideas. We know that our associates are a key ingredient to our success, and we’re proud to reflect that in our culture. Creating Better Living for Better Lives.

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