Asset Manager
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Job Title: Asset Manager
Location: Durham, NC (on-site)
Company: Stackhouse Management
About Us:
Stackhouse is a private equity investment firm that commits its deep capital base and entrepreneurial spirit to a series of distinct real estate strategies, including self-storage development; land acquisition; mobile home acquisition; and conversion of empty buildings to new uses.
Within the corporate umbrella, Stackhouse Management is the business unit that is a leading property management company that oversees 88 manufactured housing communities across 10 states, housing approximately 6,600 tenants. We are committed to providing exceptional service and maintaining high standards in all our communities.
Our company is seeking a highly skilled and dedicated Asset Manager to join our team.
Job Summary:
The Asset Manager will be responsible for the comprehensive investment management of all assets within our 88 manufactured housing communities. This role requires strong analytical abilities, excellent communication skills, and a deep appreciation for the art of business. The ideal candidate will be highly quantitative and analytical, proficient in Excel, and able to quickly learn and adapt to new software. The Asset Manager will not have direct reports but will work closely with various departments and external vendors to ensure the efficient and effective management of assets.
Key Responsibilities:
Variance Reports: Maintain and update the monthly Income Statement, comparing budget to actual performance and explaining the reasons and sources of material variances.
Monthly Collections Spreadsheet: Maintain and update the monthly collections spreadsheet, ensuring accuracy and timeliness.
Equipment Inventory List: Keep an accurate and up-to-date inventory of all equipment across communities.
Vehicle Inventory List & Safety: Manage the inventory list of all company vehicles, ensuring vehicle safety and compliance with regulations.
Insurance Management: Oversee auto insurance, home insurance, liability insurance, and workers' compensation.
Software Management: Effectively use various software platforms for tracking and managing asset-related tasks and projects.
Credit Card Management: Track credit card usage, manage ordering and limits, and ensure proper documentation.
Fleet Management: Utilize fleet management software for managing company vehicles and tracking.
Invoice Approvals and Analysis: Review invoices for cost savings recommendations and implementation. Approve invoices and ensure timely payment of invoices.
Sales Commission Tracking: Track home sales commissions and ensure accurate and timely payouts.
Water Sub-Metering: Oversee water sub-metering with vendors, ensuring accurate billing and reporting.
Cross-Functional Collaboration: Lead discussions with cross-functional teams to understand reporting requirements and existing pain points.
Special Projects: Manage special projects independently as assigned.
Qualifications
Education:
Associate's degree in a business-related major or certificate program required. Bachelor’s degree in Business, Finance, Real Estate, or a related field is preferred.
Experience:
Minimum of 2 years of experience in real estate asset management, finance, banking, or residential property management.
Technical Skills:
Proficiency in Excel and other relevant software platforms. Strong knowledge of Microsoft Office Suite.
Analytical Abilities: Strong analytical skills with the ability to interpret and manage data effectively.
Communication Skills:
Excellent verbal and written communication skills, with the ability to present effectively.
Attention to Detail: High level of attention to detail and accuracy.
Organizational Skills:
Excellent organizational and time management skills.
Technological Proficiency: Enjoyment of administrative work, including electronic file management, spreadsheets, and data analysis.
Benefits:
Competitive salary and performance-based incentives.
Comprehensive benefits package including health, dental, vision, and life insurance.
Retirement savings plan.
Paid time off.
Flexible work environment and supportive team culture.
Job Type: Full-time
Pay: From $75,000.00 per year
Benefits:
401(k)
Dental insurance
Health insurance
Life insurance
Paid time off
Vision insurance
Physical Setting: Office
Schedule:
8 hour shift
Monday to Friday
Ability to Commute:
Durham, NC 27703 (Required)
Work Location: In person