Asset Management Associate
We are looking for an Asset Management Associate to manage a portfolio of assets along with developing strategic asset plans, budgeting, acquisition and development underwriting, and overseeing revenue management. As our Asset Management Associate, you will be responsible for asset analysis, pricing strategy, financial reporting, budget preparation, and financial systems management.
location: San Mateo, California
job type: Permanent
salary: $105,000 - 135,000 per year
work hours: 8 to 6
education: Bachelor's degree
experience: 3 Years
The Asset Management Associate will play a key role in the following:
Financial Responsibilities: You will actively manage the financial side of assets, i.e., oversee revenue management. You will also do sales analysis, refinancing analysis and calculation of proceeds, benchmark portfolio performance, and calculate ROIs for future and existing repositioning efforts.
Reporting and Analysis Responsibilities: As our Asset Management Associate, you'll be maintaining and enhancing the Asset Management platform, tracking returns, identifying trends in the portfolio to mitigate risk and exploit revenues. Additionally you'll be responsible for monthly reporting to ownership on asset performance compared to budget and same store metrics as well as developing controls and assigning responsibility for key P&L and Balance Sheet line items.
Corporate Communications: You will initiate communications with Portfolio Managers, Renovation Project Managers and Property Managers to develop strategic asset plans as well as oversee the implementation of these plans. Additionally, you will assist in the coordination of due diligence requirements with lenders and third party consultants and underwriting efforts.
Our new Asset Management Associate must possess the following experience, skills and abilities and be able to explain and demonstrate that he or she can perform the essential functions of the job, with or without reasonable accommodation, using some other combination of knowledge, skills, and abilities:
-Bachelor's degree ideally in Finance and/or Economics
-Minimum of three years of finance experience
-Experience in multi-family (preferred)
-Must have strong analytical skills, be adept at working with and at analyzing data
-Computer proficient in Windows, MS Office, Word, Excel, Outlook, OneSite and the Internet. SAP, Yieldstar, or Hyperion experience a plus
For immediate & confidential consideration, please contact me at firstname.lastname@example.org.
skills: Forecasting, Revenue Accounting
Equal Opportunity Employer: Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.
Qualified applicants in San Francisco with criminal histories will be considered for employment in accordance with the San Francisco Fair Chance Ordinance.
We will consider for employment all qualified Applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance.