Employment

Midwest Housing Equity Group employs professionals who are passionate, skilled and knowledgeable about the affordable housing industry. A job at MHEG is more than just a job. It’s an opportunity to change lives for a better tomorrow. We value our employees and offer a comprehensive and competitive benefits packages to reflect that appreciation.

Asset Manager - Oklahoma City, OK

SUMMARY OF POSSIBLE DUTIES

Job Purpose: The Asset Manager will oversee a portfolio of Low-Income Housing Tax Credit projects through financial review, site visits and problem resolution/workouts as needed. This position requires a working knowledge of real estate and accounting.

  • Manage and monitor real estate portfolio of approximately 35 - 45 projects from lease-up throughout the 15 year compliance period.
  • Conduct annual project site visits (internal and external inspection).
  • Identify and follow-up on problems with projects and work with general partners to help resolve issues.
  • Provide training in accounting, as needed, to partners and managers.
  • Track reserve levels and prepare and review requests for release of replacement and operating reserves.
  • Assist the CFO & DOAM with annual audit of lower/upper tier investments.
  • Assist with the preparation of quarterly investor reports.
  • Work with Asset Stabilization Manager on problem project resolution.
  • Obtain, review and input annual operating budgets of portfolio.
  • Input (Excel) and analyze (i.e.; budget comparison and watch list criteria) monthly financial reports of real estate portfolio. Assist property manager in developing ways to maximize income and control expenditures.
  • Assist partners/managers with rental analysis taking into account all sources of funding and their respective guidelines.
  • Track compliance with insurance and real estate taxes.
  • Monitor real estate taxes; direct appeals where warranted. If requested, assists with appeals process.
  • Provide assistance with data input on data base regarding relevant fund and property information on quarterly basis to expedite investor reporting.
  • Gather information as needed on investor requests.

Qualifications:

  • One-three years prior experience in accounting, housing, real estate, finance and/or property management required
  • BS or BA in accounting, finance or related field required
  • Knowledge of real estate terminology and concepts required; basic knowledge of LIHTC and strong financial analysis skill is preferred
  • Strong computer skills, knowledge of MS Word, Excel and Outlook is required
  • Strong organizational skills and ability to coordinate complex activities, prioritize conflicting demands and meet deadlines
  • Must be highly motivated, be able to work independently, solve problems and possess strong written and oral communication skills
  • Incumbent is expected to demonstrate strong ethics in interpersonal relations and work as an effective, collaborative team member

The above job description can be changed at any time.

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Asset Manager - Oklahoma City, OK

Asset Management Intern - Omaha, NE

SUMMARY OF POSSIBLE DUTIES

Interns will observe and work alongside the asset management and underwriting departments to learn specific functions of MHEG's operations.

  • Monthly financial statement entries
  • Rent reviews
  • Site inspections
  • Database entries
  • Financial analysis of current performance vs. underwriting
  • Filing and other duties as assigned

The above job description can be changed at any time.

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Asset Management Intern - Omaha, NE

To be considered for any position, you must email the following items to career@mheginc.com

MHEG job application (Download Here)
Cover letter
Resume

To be considered for an internship, you must email the following items to career@mheginc.com

Intern application (Download Here)
Resume