Full Circle Communities, Inc · 10 hours ago
FC - PORTFOLIO PERFORMANCE MANAGER
Full Circle Corporate, Chicago, IL, US
Full-time
Hybrid
Senior Level
$105K/yr - $115K/yr
5+ years expFull Circle Communities (FCC) is a mission-driven nonprofit dedicated to expanding housing opportunities. They are seeking a Portfolio Performance Manager to enhance their asset management strategy by developing analytical tools and facilitating interdepartmental communication to maintain operational health.
ConstructionNon ProfitReal EstateProperty Development
Responsibilities
Support the development and implementation of tools and processes to improve the collection, accuracy, and presentation of portfolio data
Maintain and enhance the Portfolio Health Dashboard, synthesizing data from Finance, Property Management, and Mission Impact into a cohesive performance narrative
Identify data discrepancies between property-level records and financial statements. Collaborate with relevant departments to investigate root causes and facilitate necessary corrections
Review monthly operating statements against budgets to provide the analytical groundwork for leadership to distinguish between one-time repairs and systemic operational risks
Monitor portfolio-wide trends over time to identify emerging risks, providing the analytical groundwork for proactive intervention
Manage data workflows between Yardi and auxiliary platforms to eliminate manual reporting
Organize and staff the Portfolio Health Committee, including setting the agenda, preparing data reports, and tracking follow-up items for Real Estate Development (RED), Operations, and Finance
Track committee-mandated actions, ensuring that solutions identified by senior leadership are tracked through to completion by the respective departments
Assist with coordinating the operational and data transition from RED to Operations. Ensure that Property Management and Mission Impact receive necessary regulatory data and that files are accurately captured in core systems prior to lease-up
Develop and manage structures and processes that connect outputs from property-level blended management meetings to the leadership team
Support the annual budgeting process to assist Property Management and Mission Impact in building realistic operating budgets
Serve as the primary point of contact for tax credit syndicators, lenders, and investors. Ensure all quarterly and annual reports are submitted accurately and on time
Work with the COO and CFO to monitor the flow of funds to ensure the organization receives all due developer fees, asset management fees, and cash flow distributions
Work with the Compliance team to ensure all properties adhere to LIHTC, HUD, and state-specific regulatory agreements. Manage the schedule for investor site visits and inspections
Maintain the schedule of Capital Needs Assessments (CNAs). Work with the Finance teams to track reserve balances and process replacement reserve withdrawal requests
Perform detailed financial modeling for properties approaching the end of their tax credit compliance period to support the COO/CEO in making refinancing decisions
Assist the CFO with the administrative renewal of property insurance policies and the annual filing of property tax exemptions and abatements
Qualification
Required
Bachelor's degree in Finance, Real Estate, Business Administration, or related field; appropriate professional experience may be substituted
5+ years in Affordable Housing Asset Management, Property Management, or Real Estate Finance, with 3 years specifically in Asset Management
Demonstrated knowledge of LIHTC regulations and financial mechanics
Demonstrated experience or exposure to analyzing the fiscal performance of multifamily assets and general property management principles
Strong ability to translate complex financial data into clear summaries for internal leadership and external investors
Highly organized with the ability to manage competing priorities and high-volume data requests while meeting strict deadlines
Advanced proficiency in Excel and a demonstrated ability to manage or build reporting views in Power BI, Airtable, or similar dashboarding platforms
Technical ability to navigate property management software (specifically Yardi) to extract and organize data for analysis
Ability to understand the connection between PSH operations (eviction prevention, harm reduction) and financial outcomes
Preferred
Master's degree in Finance, Real Estate, Business Administration, or a related field
A strong aptitude for emerging technology, including interest or experience in automation tools to streamline reporting and data analysis
CHAM designation or active participation in national asset management peer networks
Benefits
Health
Dental
Vision
IRA
Life and supplemental insurance
Relocation assistance may be available for qualified candidates.
Company
Full Circle Communities, Inc
Our mission To expand access to quality affordable housing through preservation and development, thoughtful design, and the provision of significant and targeted supportive services to our residents and the surrounding communities.
11-50 employees
Funding
Current Stage
Early StageRecent News
Chicago Tribune
2025-03-26
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