Asset Manager
Asset Manager
Posted on :
30-04-2025
Employer Active
1 Vacancy
Job Alert
You will be updated with latest job alerts via emailValid email field required
Send jobs
Share
Send me jobs like this
Job Alert
You will be updated with latest job alerts via emailValid email field required
Send jobs
Job Description
We are looking for a multifamily Asset Manager to join our growing Operations/Asset Management team. This position will be responsible for the day to day oversight of property operations and ownership decision making. The position will work with Finance Property Management Acquisitions Development and Facilities teams throughout the investment life cycle.
Responsibilities
- Conduct detailed property site visits to evaluate asset performance curb appeal residential and commercial leasing efforts completion and quality status of capital projects market conditions and other relevant information. Conduct routine audits of property operations to ensure that company policies and standard business practices are being applied.
- Collaborate with Property Management and other internal teams in the preparation of propertylevel business plans operating budgets and capital improvement initiatives designed to maximize asset performance and value.
- Analyze property performance relative to annual business plans and operating budgets through financial statement / balance sheet reviews identify opportunities for improvement and make recommendations to maximize property performance. Prepare and present periodic reports summarizing the financial and operating results for individual assets and the portfolio for Senior Management.
- Conduct market research assess understand and anticipate demographic trends and make recommendations to ensure that the assets are and remain competitive within markets. Evaluate online advertising and other marking materials and media sources to maintain competitive presence in the market.
- Evaluate Capital Improvement / Value Add initiatives conduct cost benefit analysis on anticipated improvements provide value engineering recommendations ensure timely completion of improvements and provide written and verbal updates on status of improvements and adherence to anticipated scheduling.
- Contribute to the creation of property and portfolio investor reports by crafting performance highlights and measuring Key Performance Indicators.
- Work with revenue management specialistsand management team to evaluate and maximize rent and lease expiration terms.
- Maximize ancillary income at each property through effective utility billbacks introduction of new revenue streams and maintaining market leading additional fee structures.
- Participate in other duties and projects as they arise.
Minimum Requirements
- Bachelors Degree required.
- Minimum of 4 years of relevant experience in an analytical and or operational role within multifamily real estate; asset management property management accounting experience preferred.
- Familiarity with multifamily real estate and real estate finance is required.
- Experience with Yardi RealPage and/or AIRM preferred.
- Strong understanding of financial statements including the IncomeStatement Balance Sheet Cash Flow Statement and General Ledgers
- Experience with utility billback programs strongly preferred.
- Strong analytical skills with the ability to manage multiple projects and meet deadlines.
- Selfstarter able to work with limited direction and oversight.
- Excellent written and verbal communication skills
- Ability to operate with a high degree of flexibility and to adapt to changing demands.
- Highly proficient in Microsoft Excel
- Detail oriented
Required Experience:
Manager
Employment Type
Full-Time
Key Skills
Report This Job
Disclaimer: Drjobpro.com is only a platform that connects job seekers and employers. Applicants are advised to conduct their own independent research into the credentials of the prospective employer.We always make certain that our clients do not endorse any request for money payments, thus we advise against sharing any personal or bank-related information with any third party. If you suspect fraud or malpractice, please contact us via contact us page.
