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Gardnercapital

Senior Portfolio Manager

Gardnercapital, Gardner, Kansas, United States, 66030


Gardner Capital is an affordable housing and renewable energy developer, investor, and tax credit syndicator with primary regional offices located in St. Louis and Springfield, Missouri, and Dallas, Texas. The development arm of Gardner Capital has seen significant growth and is looking to expand its team with the following position: Under the supervision of the Director of Portfolio Management, this position will aid in the monitoring of an expanding portfolio of Gardner Capital development projects financed with both federal and state Low-Income Housing Tax Credits (‘LIHTC’).Job Duties:Responsible for developing and implementing property-level strategies directing them towards financial and physical improvement.Risk Mitigation - monitor key performance indicators that contribute to property watchlist.Financial Analysis - evaluate and analyze property-level financial performance on a regular basis and identify areas of improvement for optimization of operations, cash flow, and property value.LIHTC Compliance - ensure site and file compliance as required by IRS Section 42 guidelines.Disposition Analysis - determine property and fund-level valuation through document review, exit tax liability, financial models, and distribution of proceeds.Reporting - provide quarterly investor reports detailing financial metrics, physical condition, and action plans for watchlist properties.Prepare annual property budgets in coordination with property managers while maintaining focus on driving property performance.Ensure maximum economic rents are achieved through the active rent level management, general and targeted outreach methods with property management.Coordinate collection and review of tax returns and audits.Responsible for providing updates to projected first-year credit delivery estimates on each project.Coordinate activities with other departments, especially Internal Finance and Accounting, to ensure that they have the information necessary for their review and that any issues are resolved.Participate in monthly calls with developers, property managers, and other partners.Serve as the Gardner contact for the federal syndicator as well as the developer as it relates to monitoring construction, lease-up, stabilization, and processing capital contributions.Responsible for keeping track of upcoming capital contribution requests and forecasting out capital needs from quarter to quarter of Gardner Capital development projects.Responsible for overseeing a team of financial analysts and interns who are responsible for populating portfolio financials.Qualifications:At least 5+ years LIHTC industry, specifically asset management experience needed.Motivated and detail-oriented.Proficient computer skills, especially Microsoft Office applications and financial spreadsheets.Highly organized with effective analytical and problem-solving skills.Ability to work well with others in a team environment; able to work with colleagues remotely.Proven strong verbal and written communication skills.Conditions:Located in Dallas, TX.Occasional travel, decided on a deal-by-deal basis; and some occasional remote company functions.Pay and benefits commensurate with experience.Job classification is exempt.Employee Benefits include paid time off and paid sick leave, holidays, medical insurance, 401(k) plan, dental, vision & long-term disability insurance available. Gardner Capital, Inc. is an Equal Opportunity Employer. We make all employment decisions on the basis of ability and job-related qualification without regard to race, religion, sex, color, national origin, age, disability, sexual orientation, military status, marital status, or any other classification proscribed under law. For additional information about our company, please check out our website at

www.gardnercapital.com .

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