Asset Management Energy Analyst

~ Preservation of Affordable Housing, Inc. (POAH) is, as its name implies, a non-profit organization committed to preserving "at risk" affordable rental housing around the country. ~

Based in Boston, with branch offices in Chicago and Washington D.C., POAH is a growing entrepreneurial organization which currently owns and manages over 8,500 affordable rental homes for low-income families and seniors in nine states and the District of Columbia.  On average, resident incomes in POAH communities are only 30% of area median incomes.

POAH's reach is national in scope, and its pursuit of the preservation mission is empowered by a focus on the business bottom line.  Its strong reputation has resulted from a demonstrated ability to craft complex financial transactions, tackle tough multi-family projects, and close deals that preserve the affordability of ‘at risk' properties.  The organization and its leaders are at the forefront of policy and legislative discussions around housing preservation, affordable housing finance and regulatory reform.

Position Overview 

About the opportunity: 

POAH is seeking a Boston-based Associate to work with its Ownership & Operations team, particularly with asset management and energy staff.

The Ownership & Operations team is responsible for monitoring POAH's long-term owner interests and focuses on maintaining a healthy portfolio of housing communities by executing on financial, physical and policy opportunities for stewarding the portfolio. 

This team works on property and portfolio level analytics, workouts, refinancings, restructurings, energy projects, limited partner exits, financial monitoring, real estate tax management, insurance oversight, design and construction standards and project oversight, leveraging information technology to improve portfolio oversight, etc. 

Responsibilities  

Some of the Associate's specific and essential tasks may include: 

• Pulling together and analyzing financial information about POAH properties or portfolios of properties. 
• Data collection, validation and other support for POAH's Integratec database system (PI). 
• Helping develop training manuals and procedure documents for POAH's Integratec database system and/or other technologies and processes utilized across the organization (i.e. Yardi, Energy Management Systems, Wegowise).
• Assisting the Director of Energy Management in analytics and initiatives to support POAH's pursuit of the Better Building Challenge and improving the portfolio's global footprint.
• Compiling information and completing applications for funding opportunities for properties across the POAH portfolio.
• Providing functional and administrative support to members of the Ownership and Operations team.
• Drafting correspondence for other members of the asset management team and for externalparties. 

Qualifications 

Knowledge 

Candidates for this position should possess 1 to 4 years of relevant experience and knowledge in some or all of the following areas: 

• Affordable Housing and the regulations and financing applicable to the industry;
• Asset Management, Energy Management, Property Management; Real Estate Development, Economic and Community Development;
• Real Estate Law, particularly experience with multifamily real estate closings and associated legal documentation (mortgages, notes, loan agreements, deeds, regulatory agreements, subsidy, etc.);
• Property Audits, partnership agreements, partnership tax returns, subsidy contracts/renewal, etc.; 
• Energy conservation, policy, and management in real estate and community development projects; 
• Utility trend analysis and working with energy management systems;
• ProjectManagement;
• DatabaseDevelopment and/or Database Administration;
• Information Management and/or Corporate Record Keeping and; and
• Public and private financing and transaction structuring.

Skills 

Candidates should have demonstrated ability in some or all of the following areas: 

• Perform spreadsheet and other financial analysis and modeling including pulling together information in excel at an intermediate level or better; 
• Perform database management and administration;
• Design, prospect and/or develop financial reports (i.e. create ad hoc reports, develop Spreadsheet Gear or Crystal Report mockups and specifications, or equiv);
• Manage a project or tasks independently;
• Exhibit scrupulous attention to detail;
• Prepare written summaries and briefings of assigned tasks for internal and external dissemination;
• Communicate effectively in person and in writing;
• Create convincing presentations using PowerPoint, Excel charts, and other tools;
• Perform administrative tasks to support staff members;
• Demonstrate a high degree of accuracy and initiative in work assignments;
• Independently manage simultaneous and competing activities and demands on your time; and 
• Remain organized and meet deadlines. 

To Apply 

Please use the email address below to send a resume with a thoughtful cover letter as soon as possible - but with receipt no later than March 13, 2015.