Executive Administrative Assistant

Position Summary

AMCAL Multi-Housing, Inc., a rapidly growing private developer of diverse real estate projects, is seeking an individual to fill the position of Executive Administrative Assistant. 

Candidates should be skilled with MS Office (Word, PowerPoint, Excel, etc.) and recognize that detail-oriented tasks are critical to a business’s long-term success. 

This is a mid-level position that reports to the VP of Asset Management and will also assist the company’s CFO and CEO with administrative tasks as needed.

At least two years of college and/or some experience with a Real Estate Development or a Real Estate Investment/Management company preferred.

Responsibilities

  • Maintain various corporate and department schedules such as financial trackers; personnel schedules; loan reporting, etc. 
  • Assist with typing and distributing investor newsletters.
  • Print emails and attachments.
  • Locate and prepare documents for various projects for executives.
  • Sort daily mail.
  • Download incoming documents and post to the appropriate online folders, arrange payment of Franchise Tax Board vouchers.  Print various documents for Executives to sign; scan and return to tax firms.  
  • Update corporate organizational chart. 
  • Assist with other administrative projects as needed.

Job Characteristics

  • Position based in Agoura Hills, CA – relocation not covered
  • A criminal background check and review of current driving record may be required

Job Benefits

  • Salary – $65,000 / year
  • Discretionary bonus based on individual and company performance after fiscal year end (FYE)
  • Health/Dental/Chiropractic coverage available for individual. (after 90 days).
  • Dependents can be covered at employee’s expense.
  • Life Insurance
  • 401(k) retirement plan (after six months) with up to 5% match after FYE
  • After 30 days, three weeks leave (vacation, personal, sick) for the first six years.

Applications

  • No phone calls, please
  • Email resume to recruitment@amcalhousing.com  
  • This position will be filled immediately

AMCAL Multi-Housing, Inc.

The AMCAL group of Companies, one of the Nation’s leading housing development companies is developing quality rental and ownership residential properties throughout California and Texas including Affordable Housing, Luxury Apartment Housing and Student Housing.  The Company was founded in 1978.  An affiliated company, AMCAL General Contractors Inc. builds all of AMCAL’s projects.  For more information, visit our website at www.amcalhousing.com.  AMCAL Multi-Housing Inc. is an equal opportunity employer.

LIHTC Asset Manager

Company

AMCAL is a $2.5 billion developer, general contractor and owner of diverse residential real estate projects including student, market-rate and affordable housing in California and Texas.  AMCAL’s headquarters are located in Agoura Hills with additional offices in West Los Angeles and Farmers Branch, TX.  This position is located in Agoura Hills, CA.    

Asset Manager

This position reports to the Director of Asset Management and is responsible for the performance of assets in the Company’s affordable housing portfolio.  This is an opportunity to join a fast paced team environment with clear opportunities for growth.  The ideal candidate has 3-5 years of experience in LIHTC asset management working for a General Partner.  Success will be dependent on the candidate’s ability to thrive in an environment that is highly entrepreneurial, strategic and creative which requires rapid learning, multi-tasking and prioritizing under tight deadlines.

Responsibilities:

  • Perform review of monthly property financial statements, including analysis of balance sheet, income statement and variance report, to support portfolio performance reporting for senior management, lenders and investors. 
  • Assess project and partnership risk factors as they pertain to compliance with Section 42 (LIHTC) provisions, terms of the partnership agreement, loan documents, LURAs, QAPs, and tax credit application.
  • Analyze property performance, valuation, market trends and operational strengths and weaknesses to inform strategies for maximizing value to the company.  
  • Provide operational feedback to Construction and Development teams to inform design, leasing, financing and disposition strategies for new development projects.
  • Support due diligence efforts related to the acquisition, capitalization and disposition of assets.
  • Coordinate regular asset calls and site visits with property management teams to ensure goals and budgets are being met, and if not, determine strategies for corrective action. 
  • Negotiate and monitor contracts including leases, management agreements, vendor contracts, utility contracts, etc. to protect ownership rights and ensure contract compliance.
  • Establish strategies for the resolution of insurance claims and tenant legal proceedings related to non-payment, illegal, and fraudulent activity at the property and/or tenant level.

Qualifications & Skills

  • Bachelor’s Degree with a concentration in Real Estate, Finance, or Business preferred
  • Advanced degree preferred but not required
  • 3-5 years of relevant experience in multi-family asset management (GP side)
  • Working knowledge of Section 42 (LIHTC) principles and requirements  
  • Experience with Yardi/Real Page and MRI Developer Central a big plus 
  • Strong analytical and quantitative skills with emphasis in financial analysis
  • Understanding of real estate accounting principles and financial reporting procedures with ability to analyze variances.
  • Able to read, analyze, and interpret complex business documents including leases, financial reports, contracts, loan documents and regulatory agreements.
  • Proficiency with Microsoft Office suite.  Strong understanding of Excel is a must.
  • Able to work proactively, independently and as a strategic partner in a team environment
  • Effective presentation and communication skills, both verbal and written
  • Annual property inspections required.  Approximately 5% travel annually.

Compensation

  • $100 – $130K, commensurate with experience
  • Annual bonus based on salary and performance
  • Three weeks Paid Time Off annually (after 30 days)
  • Hybrid Work Schedule Options Available (after 90 days)
  • Monthly Auto and Cell Phone Stipend
  • Full health coverage and benefits (after 90 days)
  • 401(k) retirement plan (after six months) with up to 5% match

Applications

AMCAL Multi-Housing, Inc.

The AMCAL group of Companies, one of the Nation’s leading housing development companies is developing quality rental and ownership residential properties throughout California and Texas including Affordable Housing, Luxury Apartment Housing and Student Housing.  The Company was founded in 1978.  An affiliated company, AMCAL General Contractors Inc. builds all of AMCAL’s projects.  For more information, visit our website at www.amcalhousing.com.  AMCAL Multi-Housing Inc. is an equal opportunity employer.