Capital Needs Specialist

Reposted 2 Days Ago
Be an Early Applicant
St. Johnsbury, VT, USA
In-Office
48K-52K Annually
Junior
Real Estate • Social Impact
The Role
Coordinate and manage capital needs for a real estate portfolio: prepare capital budgets, procure and oversee contractors, ensure permits and compliance, maintain project accounting records, conduct inspections and IRC processes, coordinate repairs with maintenance and third-party contractors, and complete required state reporting. Ensure documentation, vendor payments, and contract negotiation while supporting cross-departmental goals and occasional nights/weekend availability and travel.
Summary Generated by Built In

Job Overview

The Property Management Capital Needs Specialist works in collaboration with members of the Property Management Department to ensure the long-term care, preservation, and physical health of the RuralEdge real estate portfolio. The Property Management Capital Needs Specialist works across departments to develop RuralEdge’s goals for the portfolio and to collaboratively implement those goals.

Capital Needs

  • Collaborate with Property Management and Finance to prepare annual Capital Needs budgets.

  • Create contractor requests for proposals and review submittals ensuring the best possible team and cost for each project.

  • Review CNAs for appropriate replacement reserve levels.

  • Ensure that Capital Needs assessments are in place for every RuralEdge property and procure for/oversee regular updating of assessments.

  • Review zoning and permitting requirements, time frames, and costs and integrate into project schedule and budget.

  • Ensure that all permits, bonding, insurance, and other submittals are in hand prior to construction.

  • Negotiate terms of agreements, draft contracts, and obtain permits and licenses.

  • Oversee and provide direction to general contractors, subcontractors, and vendors as needed to complete projects.

  • Collect and maintain appropriate invoices and records for successful funder requirements and timely payment of vendors.

  • Provide Finance Department with the necessary information for the establishment and maintenance of the project accounting records.

Manage Annual IRC Process

  • Coordinating with Maintenance to conduct internal and external site inspections.

  • Coordinating with Maintenance to schedule internal work orders to resolve deficiencies.

  • Coordinating with third party contractors to resolve deficiencies not handled by internal staff.

  • Completion of required reporting to the State of Vermont.

  • Notifications to tenants as required by IRC (Inspection, Repair and Cleaning practices) guidelines.

  • Setting up any IRC trainings that are mandatory for staff.

Qualifications

  • Two (2) year degree or equivalent work experience.

  • An understanding of construction, project costing, and State environmental laws.

  • Computer knowledge and comfort, including MS Word, Outlook and Excel.

  • Excellent organizational skills and high level of attention to detail.

  • Ability to work cooperatively, effectively, and efficiently with a diverse group of people in a team environment.

  • Ability to multi-task.

  • Position requires professional conduct at all times.

  • Available for occasional nights and weekends.

  • Ability to travel for job performance; possession of a valid driver’s license, a good driving record, and automobile insurance per State of Vermont.

Preferred

  • Working knowledge of the requirements set by the State of Vermont Department of Housing and Community Affairs.

Skills Required

  • Two (2) year degree or equivalent work experience.
  • Understanding of construction, project costing, and State environmental laws.
  • Computer knowledge and comfort, including MS Word, Outlook and Excel.
  • Excellent organizational skills and high level of attention to detail.
  • Ability to work cooperatively, effectively, and efficiently with a diverse group of people in a team environment.
  • Ability to multi-task.
  • Position requires professional conduct at all times.
  • Available for occasional nights and weekends.
  • Ability to travel for job performance; possession of a valid driver's license, a good driving record, and automobile insurance per State of Vermont.
  • Working knowledge of the requirements set by the State of Vermont Department of Housing and Community Affairs.
Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
Year Founded: 1986

What We Do

RuralEdge is a non-profit housing and community-development corporation serving the Northeast Kingdom of Vermont. Its mission is to strengthen NEK communities, one home at a time, by developing and managing over 800 units of affordable residential and commercial housing. The organization provides safe, healthy living conditions and supports residents through homeownership assistance, financial counseling, and various community development programs to assist the region's most vulnerable populations.

Similar Jobs

Wipfli Logo Wipfli

Tax Senior Manager - Real Estate

Cloud • Fintech • Software • Business Intelligence • Consulting • Financial Services
Remote or Hybrid
United States
2900 Employees
142K-192K Annually

Wipfli Logo Wipfli

Tax Manager

Cloud • Fintech • Software • Business Intelligence • Consulting • Financial Services
Remote or Hybrid
United States
2900 Employees
106K-160K Annually

Wipfli Logo Wipfli

Manager, Accounting Advisory - Behavioral Health Industry

Cloud • Fintech • Software • Business Intelligence • Consulting • Financial Services
Remote or Hybrid
United States
2900 Employees
107K-160K Annually

Wipfli Logo Wipfli

Payroll Support Specialist

Cloud • Fintech • Software • Business Intelligence • Consulting • Financial Services
Remote or Hybrid
United States
2900 Employees
21-28 Hourly

Similar Companies Hiring

Camber Thumbnail
Fintech • Healthtech • Social Impact
New York, New York
90 Employees
Sailor Health Thumbnail
Healthtech • Social Impact • Telehealth
New York City, NY
20 Employees
Playground (tryplayground.com) Thumbnail
Kids + Family • Payments • Social Impact • Software
New York City, New York
80 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account