Colorado Nonprofit Association

Senior Manager ROC Acquisitions & Financial Services

Senior Manager ROC Acquisitions & Financial Services 4-Day (36 hour) Week

THE COMPANY
The Mission of Thistle Community Housing is to create, manage and preserve quality, permanently affordable homes for working families, seniors, and people with disabilities. We are an affiliate of ROC USA, a national non- profit (ROC – Resident Owned Communities). Thistle is a Certified Technical Assistance Provider (CTAP) for ROC USA and helps residents of mobile home communities purchase their mobile home park.

ROC USA is a national, established, successful program with a network of organizations that help mobile home community residents form cooperatives and purchase their mobile home park. Cooperatives own a business operation rooted in democratic principles. This position supports members within the Cooperative. Thistle ROC, LLC is the sole representative of the program in Colorado.

SUMMARY OF JOB: This is a full-time (36 hours/week), salaried with benefits role in support of Thistle ROC. Thistle ROC seeks a dynamic and experienced Senior Manager to lead our ROC Acquisitions & Financial Services team. In this key leadership role, you will be responsible for driving the strategic acquisition of resident-owned communities (ROCs) and overseeing financial services that support the sustainability and growth of these affordable housing cooperatives. Your expertise in real estate acquisitions, financial management, and cooperative housing will be instrumental in advancing our mission to create and manage quality, permanently affordable homes for manufactured home park residents in Colorado. The ideal candidate will bring a strong background in project management, financial analysis, team leadership, and a deep commitment to community development and cooperative principles. This job involves travel within the state of Colorado and occasional night and weekend work. This position requires the incumbent to reside in the state of Colorado upon the start date.

Key Responsibilities

Leadership & Supervision

Supervise Market Development & Acquisition Manager & Financial Analyst, including developing annual work plans, assigning acquisition project tasks/leads, building a plan for owners and partner outreach, training on acquisition project management, and evaluating overall performance.

Financial Compliance

Oversee financial and loan compliance for resident-owned communities (ROCs), ensuring financial health through regular assessments, goal setting, and action plans.
With Financial Analyst design and implement tools to better communicate with external stakeholders regarding the financial health of the program.
Advise the Director on all financial decisions, ensuring alignment with the strategic plan.
Collaborate with the Director to develop and monitor program budgets.
Co-Lead Thistle ROC onboarding activities, including supporting in the hiring processes, onboarding, employee handbook review, and maintenance of personnel ﬁles (excluding payroll and beneﬁts).

Stakeholder Engagement and Public Representation:

Act as an ambassador at public and industry events, advocating for cooperatives as a viable strategy for economic enterprise locally, statewide, and at times nationally.
Promote the benefits of cooperatives, including their success in cost control, democratic governance, and their role in advancing shared objectives, particularly for underserved communities.
Engage in public speaking events and training sessions to promote the Thistle ROC program and educate stakeholders on the benefits of resident-owned communities.
Monitor local, state, and federal policies related to affordable housing and advocate for policies that support the sustainability of ROCs.

Risk Management and Special Projects:

With the Financial Analyst, identify and mitigate financial and operational risks within the ROC portfolio, developing and implementing risk mitigation plans.
Oversee special projects, such as resident-owned community rent stabilization and infrastructure funding reviews, ensuring alignment with organizational goals and timelines.
Support the Financial Analyst in the development of external business services for ROC infrastructure owner representation, including a business plan for program revenue, finalizing a contract for ROC owner representation, and creating a template for bid quotes.

Acquisition and Financial Management:

Oversee the pre-purchase team and at times lead acquisition process for new ROCs, including deal ﬁnancial analysis, viability, due diligence, loan underwriting, and strategic planning. This includes developing and managing budgets for ROC acquisitions, ensuring ﬁnancial viability and sustainability long term.
Coordinate with lenders, investors, and other financial partners to secure funding and manage financial risks associated with acquisition.
Oversee the development of project pro-formas and operating budgets for cooperative properties both acquisition and post-purchase.
Review lender underwriting guidelines and ensure the successful closing of ROC acquisitions.
Work with Director to establish new lending partnerships for ROC acquisitions and reporting on Colorado acquisition pool.
Serve as key contact with all lenders for any potential deal.
Work with Senior Manager Pre-purchase & Portfolio Impact to support a warm hand off from acquisition to post purchase portfolio.

Special Projects and Grant Management

Monitor resident-owned community rent stabilization projects, including monthly reviews of cooperative minutes, budget reports, and project timelines.
Support infrastructure funding reviews and coordinate financing options, including capital improvement reserves, refinancing, and potential usage of DOLA Rent Stabilization Grant funds.
Provide leadership and guidance to monitor special projects such as the PRICE Project (2024) to ensure alignment with organizational goals and timelines.

Salary – $85,000-$90,000 annually

SUPERVISOR: Thistle ROC Director

Education and Experience Requirements

Required:

Bachelor’s degree or equivalent professional experience.
Recent experience in real estate and project management (3+ years).
Proficiency in databases, spreadsheets, and project management software.
Strong knowledge of fiscal management, strategic planning, and general business practices.
Proven ability to learn quickly, process complex information, and apply it effectively.

Preferred:

Bilingual literacy in English/Spanish
Experience in manufactured housing and cooperative business structures.
Understanding of budgeting, accounting, and financial reporting.
Experience with real estate financing, property management, or contractor negotiations.
Familiarity with community or economic development organizations. *While the above task list covers a wide range of responsibilities, the nature of this role may entail additional duties to support to various facets of the team and organization’s goals.

Occupational Requirements

In-person community visits across Colorado are required several times per year.
Access to reliable transportation. Candidate must have valid driver’s license, current auto insurance, vehicle registration, and a clean driving record.

WORKING CONDITIONS AND PHYSICAL DEMANDS

The work environment characteristics and physical demands described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to stand, walk, sit, use hands to ﬁnger, handle, or feel, reach with hands and arms, stoop, kneel, crouch or crawl, and smell, talk and hear.

Employee must be able to drive and must have their own vehicle to travel for work purposes
Employee must have valid driver’s license, current auto insurance, and vehicle registration and a clean driving record
The employee must have the ability to speak on the telephone, and communicate and exchange information via email and other forms of communication
The employee may be exposed to fumes and/or airborne particles. The employee is occasionally exposed to wet and/or humid conditions, extreme cold or heat
The employee must occasionally lift and/or move up to 15 pounds