Director of Portfolio Management

As the Director of Portfolio Management at Paths, a prominent affordable housing developer, builder, and operator with a strong track record of creating and preserving high-quality affordable housing, you will play a crucial role in overseeing the strategic and operational performance of a diverse portfolio of affordable housing properties. Your primary responsibility will be to ensure financial integrity, compliance, and long-term sustainability, in alignment with the organization's mission to provide quality affordable housing. You will report directly to the Chief Financial Officer. **Key Responsibilities:** - Oversee monthly, quarterly, annual, and ad hoc financial reporting for investors and lenders, ensuring accuracy and timeliness. - Lead asset- and portfolio-level analytics, including variance analysis, KPI tracking, and benchmarking, to assess performance and inform strategic decisions. - Develop and execute initiatives to enhance portfolio value, including rent-setting strategies, vacancy and credit loss reduction, expense optimization, and capital improvement planning. - Partner with internal teams across asset management, property operations, finance, compliance, development, and construction to align asset and portfolio strategy and implement value and performance-enhancing opportunities. - Ensure full compliance with lender debt covenants by managing financial reporting obligations and proactively mitigating risks of breach or default. **Qualifications Required:** - Minimum of 10 years experience in investor reporting and relationship management, portfolio management, asset management, or property management. - In-depth understanding of real estate markets, including trends, cap rates, and financial metrics such as NOI, IRR, and cash-on-cash return. - In-depth understanding of operations and capital budgeting, procurement strategy, and end-to-end supply chain management. - Proven ability to lead cross-functional budgeting processes, develop cost-optimized procurement plans, and drive savings through vendor negotiations, volume-based pricing, and rebate structures. - Advanced proficiency in financial analysis, budgeting, financial modeling, and performance tracking. - Bachelor's degree in finance, real estate, business administration, or a related field. Advanced degree preferred. - Highly proficient in Microsoft Office Suite, especially Excel and PowerPoint. Familiarity with Yardi Voyager platform. Join Paths in this rewarding role and be part of a dynamic team dedicated to making a positive impact on communities across the U.S. Please note: Hybrid Schedule - 3 Days in the office/2 days work from home. Location: New York, NY 10022. Salary Range: $200,000 - $220,000 Benefits: - Medical Insurance: 100% of medical benefits paid for employees only - Voluntary dental and vision plan options - Bonus Eligible - 401(K) available plus company match - Paid Time Off - 12 Paid Company Holidays - Commuter Benefits - Voluntary short-term disability, long-term disability, life insurance, dependent coverage - Voluntary accident insurance, critical Illness insurance, and hospital indemnity Insurance - Employee Referral Program - Employee Assistance Program (EAP),