Asset Manager - Conrac Solutions Parent LLC

Asset Manager – Commercial Assets

Conrac Solutions seeks an Asset Manager experienced in large scale multi-commercial assets over $750M. Ideal candidates with have experience working with government/quasi governmental entities and contract compliance/contract negotiation experience.

The Asset Manager is responsible for overseeing Special Purpose Entity (SPE) administration of infrastructure assets. The Asset Manager will work closely with the management team and SPE boards of directors to ensure that assets are utilized effectively, maintained properly, generate optimal returns for the owners, as well as ensure that the SPE complies with all lease/contract terms and conditions.

ConRAC Solutions specializes in design, financing, construction, and operation of Consolidated Rental Car Facilities (ConRACs) at airports across the United States. Our comprehensive services aim to streamline airport rental car operations, enhance customer experience and operational efficiency. This is a remote/ full-time role.

Duties:

Analysis and Reporting

· Develop and maintain comprehensive asset management reports. Provide regular updates and recommendations to senior management and SPE boards regarding asset performance, risks, and opportunities. Work closely with CS accounting to ensure accuracy of SPE books and records.

SPE Administration

· Manage SPE expenditures in compliance with project contract documentation and established SPE procedures, coordinating with SPE owners and banks, as required. Monitor asset performance and condition to optimize lifecycle costs.

SPE Board Coordination

· Prepare and present reports, updates, and recommendations to boards. Address board inquiries and incorporate their feedback into asset management plans. Primarily responsible for scheduling, coordinating and preparing for SPE board meetings.

Budgeting and Forecasting

· Prepare and manage budgets for infrastructure asset maintenance, repair, and replacement. Forecast future asset needs and allocate resources effectively.

Project Oversight and Coordination

· Serve as primary SPE liaison with CS Project Delivery during construction and CS Operators during operation of infrastructure assets. Coordinate to ensure projects are completed on time and within budget.

Master Lessee and Sublessor Coordination

· Serve as primary day to day SPE liaison with Airport or governmental authorities the SPE has leases with. Additionally, will serve as primary day to day SPE liaison with subtenants of facilities developed, operated and managed by CS. Responsible for contract administration, including notices, amendments and assistance in required negotiations.

Compliance and Standards

· Ensure that all SPEs comply with relevant regulations, standards, and organizational policies. Maintain up-to-date knowledge of industry best practices.

Qualifications:

• Bachelor’s degree in finance, accounting, real estate or equivalent from an accredited university.
• MBA or CFA preferred, although not required based on experience
• P3 - Public Private Partnership experience with government/quasi governmental entities preferred
• Multi asset portfolio experience totaling over $750M
• 5+ years of on-the-job experience in financial analysis and reporting
• Proficiency with spreadsheets, databases, and financial software applications
• High level experience with MS Excel, PowerPoint and Sharepoint
• Proficient knowledge of MS Word and other MS Office tools
• Strong critical thinking and analytical skills
• Good reporting and communication skills
• Excellent time management and organizational skills
• Strong ability to collaborate with individuals across the organization

Conrac Solutions offers a competitive total compensation package including:

· Medical

· Dental

· Vision

· PTO plan

· 401(k)

Equal Opportunity Employer

Job Type: Full-time/Remote