Careers

Job Title: Manager, Capital Markets

Department: Finance & Administration

Status: Full-time

FLSA Status: Exempt

Reports to: CFO/COO

Number of Direct Reports: 0

Pay Rate: $90,000 – $125,000

Revision Date: 06/13/2022

POSITION SUMMARY

The Manager, Capital Markets is a member of the Archway Finance & Admin Team and will be responsible  for all capital market activity for the organization. The primary responsibility of this role is to create and  implement the overall strategy for raising funds to sustain and expand the capital base of Archway  Communities.  

 

ESSENTIAL FUNCTIONS

Raise Capital 

Objective: Develop multi-year and annual capitalization plans that identify and quantify grants, loans and  program-related investments and other capital sources for the organization in coordination with  Archway’s leadership. 

Why this matters: Archway’s expected growth trajectory will require substantial funds from multiple  partners. 

Key Results: 

1. Conduct research on public and private funding sources with an emphasis on financial institution,  state, and federal sources. 
2. Identify, cultivate, and maintain relationships with crucial personnel from the banking and public  sectors, coordinating with internal leadership, including outreach, presentations, program  structuring, funding applications, and reporting.
3. In partnership with the Real Estate team, submit applications for funding and follow-up as  appropriate.

 

Financial Planning & Analysis 

Objective: Properly plan the budget and cash flow forecasts for the Archway organization. 

Why this matters: These planning, forecasting, budgeting, and analytical activities support Archway’s major business decisions and overall financial health.  

Key Results: 

1. In partnership with the Controller, prepare budgets and consolidate them into one overall  corporate budget 
2. Create, update, and maintain financial models and detailed forecasts of Archway’s future operations 
3. Compare historical results against budgets and forecasts, and perform variance analysis to  explain differences in performance and make improvements going forward.
4. Consider opportunities for Archway to expand and grow mapping out growth plans, including  capital expenditures and investments. Generating three- to five-year financial forecasts.
5. Gauge Archway’s overall financial health, primarily by using key financial ratios such as the debt-to-equity ratio, current ratio, and debt coverage ratio.  

 

Fund Management  

Objective: To increase Archway’s pace of growth by establishing, funding, and managing investment  vehicles to attract investors.  

Why this matters: Archway’s ambitious growth targets are likely not going to be met by incremental  increases to our current organic growth model. Inorganic, higher volume models of growth should be  investigated.  

Key Results: 

1. Create the structure for investors to pursue opportunities with Archway.  
2. Model proposed structures and create presentations and other forms of communication  collateral around these proposed structures. 
3. Identify potential investors and generate interest in Archway investment opportunities.

 

QUALIFICATIONS

Education

Bachelor’s degree in Finance or Real Estate or similar (MBA or master’s is a plus).

 

Experience  

1. 4+ years of capital markets experience or general finance experience 
2. 2+ years’ experience with LIHTC financing and complex capital stacks
3. Ability to collaborate and coordinate with both internal and external stakeholders  iv. Strong project management leadership experience
4. Ability to both lead a team and work as an effective team member 
5. Ability to work with minimal supervision 

 

Personal Characteristics  

1. Aligned with Archway’s Mission 
2. Inclined to a sense of Extreme Ownership
3. Dedicated to becoming Best in Class
4. Able to express Gratitude 
5. Strong relationship-driven experience 
6. Advanced organizational abilities including planning, delegating, and systems and best practices  development
7. Exceptional internal and external communication skills

 

WORK ENVIRONMENT AND PHYSICAL DEMANDS

1. Ability to stand or sit while maintaining alertness for several hours at a time 
2. Ability to speak concisely and effectively communicate 
3. Visual and auditory ability to respond to critical situations and physical ability to act swiftly in an  emergency 
4. Ability to view/enter data for long periods of time

 

COMPENSATION

1. The pay range for this role begins at $90,000 per annum and goes to $125,000 per annum depending  on experience. 
2. Archway provides Health and Dental insurance with the company paying 80% of the cost. C. Archway provides a Vision plan as well as Short-Term and Long-Term Disability coverage and Basic  Life/AD&D; the company pays the full amount of these plans. 
3. Archway provides a 401k retirement plan and contributes 3% of the employee’s eligible annual pay as  a non-elective contribution. 
4. Archway provides 13 paid holidays per year including 3 floating holidays. 
5. Full-time employees accumulate one day of paid sick leave for each month worked after their first 30  days of full employment. Unused sick leave accumulates from year to year up to a maximum of 60  working days. 
6. Full-time employees in their first three years of continuous employment will accrue vacation time at  3.08 hours per pay period. For a full-time employee working 40 hours per week, this equals 80 hours,  or two weeks of vacation per year. 
7. Prior to the start date, an employee benefits guide detailing these and other benefits will be made  available to newly hired employees.

To apply for this position, please send your resume to resumes@archwaycommunities.org.

Archway is looking for a Housing Development Manager to join the real estate team and immediately provide  leadership to support in all facets of the affordable housing development to further the Archway Communities  mission. The Housing Development Manager will work closely with the leadership, the SVP Real Estate, and  Director of Real Estate to effectively execute on the real estate strategy. This position is focused on  implementation of organization’s housing in non-metro Colorado, specifically in southern Colorado and  Western Slope markets. 

To see the full job description, and to apply, click below.

Archway is looking for a General Counsel to join the team and oversee legal aspects of their business. This person will safeguard our reputation by guaranteeing that the company strictly follows law guidelines and give legal advice to management about all relevant issues. The successful candidate will effectively ensure legal conformity and minimize the probability of exposure. The General Counsel will also provide expert legal advice and counsel in conjunction with Real Estate purchases/divestitures, acquisitions, procurement contracts, asset protection, and strategic and tactical matters.

To see the full job description, and to apply, click below.

Job Title: Property Manager

Department: Property Operations

Status: Full-time

FLSA Status: Non-exempt

Reports to: Director, Property Operations

Number of Direct Reports: 1-4

Pay Rate: $25 – $32/hr

Revised Date: 5/10/2022

POSITION SUMMARY

The Property Manager supports a Property Manager in the overall management of residential properties. This position is expected to be an interim position leading to a Property Management role within Archway after an appropriate amount of on-the-job training and experience has been obtained.

 

ESSENTIAL FUNCTIONS

Operational Management of Properties

Objective: Contribute to the efficiency of our business by providing day-to-day execution of property level operational tasks.

Why this matters: Archway seeks to provide safe and affordable housing for its residents. This requires daily effort to maintain.

Key Results:

1. Occupancy – Ensure that residential units are kept occupied – Target: 98% Occupancy
2. Reduce Turnover – maintaining long-term tenants is better than needing to find new ones – Target: 24 months average tenancy
3. Unit Turns – When a vacancy does occur, the unit should be ready to lease to a new tenant in a timely fashion – Target: 5 Days
4. Leasing – We should make every effort to fill a vacant unit as quickly as possible – Target: Average Days-to-Lease: 21 days

 

Financial Management of Properties

Objective: Provide financial oversight and control of properties.

Why this matters: Long-term success of a property requires economic stability. Economic stability requires constant attention.

Key Results:

1. Review – Collaborate with Accounting and Finance on monthly Financial Reviews – Target: Monthly
2. Rental Income – Operate the property within established budget – Target: Budgeted Income
3. Rent Receivables – Collect outstanding rent due in a timely manner – Target: Rent
   receivables < 5% of monthly rental income budget
4. Operational Expense – Operate the property within established budget – Target: Budgeted Operational Expense
5. Capital Expense – Execute assigned capital improvements according to budget – Target: Budgeted Capital Expense

 

Customer Service

Objective: Provide good customer service to our resident population.

Why this matters: Our residents are our customers and providing good customer service goes a long way to maintain long-term residency and ensuring stable communities.

Key Results:

1. Survey – Execute semi-annual Customer Satisfaction Surveys – Target: 90% satisfaction
2. Work Orders – Follow-up on work orders assigned to maintenance staff to ensure that they are resolved timely – Target: 5 days to resolve
3. Wait List Management – Maintain and communicate with individuals on the Wait List for our properties – Target: Quarterly communications

 

Compliance

Objective: Maintain resident records according to applicable compliance regulations and Archway standards.

Why this matters: Archway is legally responsible for operating according to compliance regulations and maintaining proper records of such.

Key Results:

1. Certification – Certify resident’s documentation at move-in – Target: 100% Compliance
2. Recertification – Recertify resident documentation annually as required – Target: 100% Compliance
3. Training – Obtain and maintain an adequate level of understanding of compliance regulation – Target: minimum 1 annual certification training

 

Other Duties as Assigned

Objective: Other duties may be assigned consistent with the benefit of the property or the
organization.

 

QUALIFICATIONS

Education:

High School Diploma or equivalent required. Training in property or real estate management a plus.

 

Experience:

1. One or more years of managerial or administrative experience, professional training may substitute for experience. Previous property management experience is a plus.
2. Knowledge of Project Based Section 8, LIHTC, and/or other affordable housing programs
3. Knowledge of Fair Housing laws
4. Experience with ResMan or similar property management software program a plus
5. Ability to meet deadlines and work independently with minimal supervision

 

Personal Characteristics:

1. Excellent organizational skills
2. Exceptional internal and external communication skills
3. Positive attitude and approach to work
4. Bilingual Spanish is a plus

 

WORK ENVIRONMENT & PHYSICAL DEMANDS

1. Ability to efficiently perform job responsibilities with minimal supervision.
2. Ability to speak concisely and effectively communicate.
3. Follow Archway’s COVID protocols.
4. Ability to regularly tour and inspect the property grounds and units.

 

COMPENSATION

1. The pay range for this role begins at $25 per hour and goes to $32 per hour depending on experience.
2. Archway provides Health and Dental insurance with the company paying 80% of the cost.
3. Archway provides a Vision plan, Short-Term and Long-Term Disability coverage and Basic Life/AD&D; the company pays the full amount of these plans.
4. Archway provides a 401k retirement plan and contributes 3% of the employee’s eligible annual pay as a non-elective contribution (i.e., Archway contributes 3% regardless of the employee’s contribution).
5. Archway provides 13 paid holidays per year including 3 floating holidays.
6. Full-time employees accumulate one day of paid sick leave for each month worked, after their first 30 days of full employment. Unused sick leave accumulates from year to year up to a maximum of 60 working days.
7. Full-time employees in their first three years of continuous employment will accrue vacation time at 3.08 hours per pay period. For a full-time employee working 40 hours per week, this equals 80 hours, or two-weeks of vacation per year.
8. Prior to start date, an Employee Handbook detailing these and other benefits will be made available to newly hired employees.

To apply for this position, please send your resume to resumes@archwaycommunities.org.

Archway is looking for a thorough Maintenance Technician to undertake the responsibility to preserve the good condition and functionality of premises. You will perform maintenance tasks of great variety such as painting, HVAC installations, landscaping etc.

The ideal candidate is a thorough professional with a practical mind and attention to detail. You must be comfortable and able to work autonomously and responsibly by observing all health and safety guidelines. The primary goal is to maintain Archway’s buildings and common areas in the best possible condition.

Click below to read the full job description and to apply.