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Foundry Commercial · 3 weeks ago

Vice President, Asset Management

Atlanta, GA

Full-time

Onsite

Senior Level

7+ years exp

Foundry Commercial is a company that values authentic human experiences and a strong sense of community. They are seeking an experienced Asset Manager to oversee a portfolio of commercial assets, focusing on financial performance, business plan development, and collaboration with various stakeholders.

Commercial Real EstateReal EstateReal Estate Investment

Hiring Manager

Christina Teague

Responsibilities

Coordinate the review and analysis of leasing proposals, capital expenditure projects, and major asset-level decisions with the leasing brokers, property managers, portfolio managers, partners, and lenders

Monitor and drive the financial performance of investments, which entails maintaining financial models, overseeing and presenting annual budgets while working closely with the property management and accounting teams, and raising awareness of performance concerns

Manage the quarterly valuation and re-underwriting process for each asset in your portfolio, as applicable

Review, analyze and reconcile monthly property financial statements; write standard monthly reports and maintain plans and actions

Update monthly cash flow analysis for each asset, monitoring leasing commissions, Tenant Improvement costs, capital expenditures and other operating expense items

Produce ad hoc analyses to evaluate the performance of assets

Analyze and identify opportunities for value enhancement, improving cash flow and reducing expenses within the portfolio, including capital expenditure programs, refinancings, and dispositions

Collect market data and conduct benchmarking analysis to assess the competitive position of the asset among the market

Qualification

Asset management experienceFinancial analysisExcel proficiencyArgus experienceReal estate knowledgeCustomer serviceCommunication skillsTime managementInterpersonal skillsOrganizational skills

Required

Minimum of 7+ years of relevant asset management experience in commercial office or industrial real estate

Advanced knowledge of Excel required

Understanding of accounting procedures and financial reports with ability to analyze variances

Excellent oral and written communication skills, good phone skills, organized, able to set priorities and meet deadlines, able to multitask, carefully proofs own work

Proven record of providing excellent customer service, both internal and external

Excellent interpersonal skills

Ability to develop and maintain positive customer relationships

Effective time manager – Proven ability to consistently manage multiple projects with accuracy and zero missed deadlines

High energy; fast-paced and driven to succeed. Keen ability to work efficiently autonomously or as a member of a team

Organized - Creates, implements, and utilizes efficient systems and methods to maintain a highly organized workspace and office