Kairos Investment Management Company Hiring for Associate Investment Manager Job at Rancho Santa Margarita, CA Full Time

Title: Associate Investment Manager
Location: Rancho Santa Margarita, CA (On-site)
(location move to Irvine tentatively in 2022)

The Associate Investment Manager at Kairos Investment Management Co works closely with and supports Investment Managers as an integral part of the investment management team. Tasks include business and operations analytics, budget and forecasting modeling, weekly updates with leasing, rents and renovation schedules, market analytics and monthly KPI and performance metrics reporting. The
Associate also provides support to 3rd party management partners as needed

Responsibilities:

• Collaborate with property management teams to drive specific asset-level initiatives to completion; provide day-to-day oversight and direction to property management to execute strategic business plans
• Collaborate with Investment Managers on preparing operating budgets & annual business plans
• Participate in weekly/monthly operations calls with 3rd party property management
• Assist with preparation of asset level monthly & quarterly reports
• Monitor and analyze financial and operating performance of properties through reporting on a variety of metrics including rent growth, lease trade-out, operating expenses and cash flow comparisons
• Maintain weekly leasing summary reports
• Provide recommendations and implement changes for property improvements based on thorough analysis and experience
• Create monthly variance reports for property-level budgets, capital expenditure budgets, and maintenance plans
• Compile and submit lender draw requests and lender reporting
• Assist with ad-hoc reporting and analysis as needed
• Respond to specific internal and external requests with respect to asset-level financial performance/projections, accounting, property information, operations, strategic initiatives, market/competitive analysis, etc.
• Accompany Investment Managers on property visits

Qualifications:

• 2-3 years of multifamily asset class experience required in a role supporting senior or C level investment professionals
• Candidates should reflect financial and/or operational knowledge in one or more of the following areas – market rate, LIHTC, student housing, value add
• Experience with financial reporting and an operational understanding of higher vintage assets

• Understanding of real estate investment concepts, including asset underwriting and valuation, discounted cash flow analysis, IRR, and yield on cost
• Proficiency with multifamily property management software (OneSite, Yardi, Entrada and/or MRI)

Required Personal Attributes:

• Unquestionable integrity and the highest ethical standards
• Commitment to excellence
• A team orientation and collegiate mentality
• Results oriented-whatever it takes attitude
• Proactive thought process and self-initiative
• Conflict resolution skills
• Attention to detail in an environment that will require the candidate to juggle multiple projects under minimal supervision
• Uses good judgment to appropriately handle or escalate issues.
• Entrepreneurial mindset, with a demonstrated willingness to take on tasks across the full range of responsibilities

Benefits:

• Medical, dental, vision, life and disability insurance coverage
• Paid Holidays
• Paid Time Off
• 401(k) with company matching

Location:

• Candidates from CA will be expected to work on-site at KIMC office
• Remote work arrangements will be considered for out of state candidates

Job Type: Full-time

Pay: $75,000.00 – $150,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Flexible schedule
• Flexible spending account
• Health insurance
• Health savings account
• Life insurance
• Paid time off
• Vision insurance

Physical Setting:

• Office

Schedule:

• 8 hour shift

Supplemental Pay:

• Bonus pay

Ability to commute/relocate:

• Rancho Santa Margarita, CA 92688: Reliably commute or planning to relocate before starting work (Required)

Application Question(s):

• Are you willing to undergo a background check, credit check and drug screen?
• What are your salary requirements?

Experience:

• multifamily asset class: 2 years (Preferred)
• real estate: 2 years (Preferred)

Work Location: One location