Careers
01-33863

Real Estate Asset Manager

Location: Egg Harbor Twp, NJ  |  Position Status: Full Time  |  Position Shift: Days
The real estate asset manager plans and coordinates activities related to the Real Estate functions. These include, but are not limited to, approving and coding payments for CAM items such as property taxes, water and sewer, and utility invoices. Further, this position would be responsible for taking inventory of property, property tax abatement, annual municipal income statements and certifications for tax exemptions, as well as collection and depositing of rent payments by working with AtlantiCare's Finance team to ensure the processing of collections and conducting follow-ups.

The asset manager maintains appropriate systems to monitor department processes and improvement initiatives. The asset manager maintains decisions that support capabilities and analyzes for the financial aspects of the Real Estate department.

The real estate asset manager, acting as a tenant to outside landlords, will work on CAM processes, including communicating and responding to landlord annual estimated CAM, confirming audit right in lease, confirming CAM reconciliation date to contest, and establishing a list of all properties.

While acting as landlord, the asset manager will communicate and invoice tenant annual estimated CAM, confirm CAM reconciliation date to contest, establish a list of all properties, determine what costs can and should be allocated to CAM, prepare estimated CAM with finance (review and allocate expenses), determine the amount of costs and the percentage of allocation, confirm deficient or late invoices and payments from vendors or Accounting, conduct annual review and allocate actual CAM costs with finance, check CAM against budget and confirm tenant paid required CAM.

The real estate asset manager will also be involved in lease development and execution. This entails sorting and filing missing source documents, creating intercompany leases, processing new lease requests, recasting extend expiring leases, renegotiate existing leases, establishing lease standards and taking inventory. The real estate asset manager will be involved with property acquisition as well by providing due diligence process for fit, use, environmental and budget review, and negotiating with land owners. In addition, they will conduct property searches for new locations for new departments.

Lastly, they will work on land use approvals, such as serving as a point person for projects, managing approvals during the site, building design process and managing condominium documents.

This position supports organizational goals by providing quality customer service, participating in performance improvement efforts and demonstrating a commitment to teamwork and cooperation.

QUALIFICATIONS
  • EDUCATION: Master of Business Administration preferred. Bachelor's degree in related field or, in lieu of degree, 3-5 years of experience.
  • EXPERIENCE: 3-5 years of related experienced required.

PERFORMANCE EXPECTATIONS
Demonstrates the competencies as established on the Assessment and Evaluation Tool for this position.

WORK ENVIRONMENT
This position requires sitting, standing, walking, stooping and crouching a majority of the workday. Works with such equipment as a computer terminal, fax machine, printer and copier.

Must be proficient in MS Office (Excel, Word and PowerPoint). Must have valid driver's license, registration, insurance and transportation and be able to pass a motor vehicle check.

REPORTING RELATIONSHIP
This position reports to department leadership and supervises incumbents as assigned.

The above statement reflects the general details considered necessary to describe the principal functions of the job as identified and shall not be considered as a detailed description of all work requirements that may be inherent in the position.
AtlantiCare is an equal opportunity employer that takes affirmative action to employ and advance in employment individuals without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status or disability.
Ryan Turnage
Applicants only. We are not accepting inquiries or solicitations from recruiters/search firms.

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Whether you lead an active life or love leisure, you’ll enjoy working and living in the beach communities of New Jersey’s southeastern shore.

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Benefits & Wellness

We believe that healthcare should be a rewarding career. That’s why we offer excellent compensation, exceptional health and wellness benefits, and internal resources and programs to support professional growth for our team members. Here, you’ll find everything you need to pursue your calling of caring for others, knowing that you’re working for an organization dedicated to your overall well-being.

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