Lotus Company · 12 hours ago
Asset Management Analyst
Salt Lake City, UT
Full-time
Onsite
Entry Level
1+ years expLotus Company is dedicated to creating sanctuaries where life can flourish. They are seeking an Asset Management Analyst to support the Asset Management team through financial analysis, reporting, and administrative oversight of affordable housing assets, while monitoring property performance and compliance.
HospitalityProperty DevelopmentReal Estate
Responsibilities
Financial & Performance Analysis: Collect and analyze property operating data (occupancy, rent collections, expenses) and compare performance against budget and pro forma targets. Investigate budget-to-actual variances and flag issues or opportunities for improvement
Reporting: Prepare monthly and quarterly asset management reports and dashboards for senior management and investors, including financial performance summaries and compliance updates. Assist in compiling data for Board reports, lender and investor reporting, and regulatory compliance reports (e.g. LIHTC compliance) on schedule
Data Management: Ensure timely receipt of property financial statements, rent rolls, and compliance documents. Maintain accurate asset information in the company’s database and tracking systems. Update the asset management dashboard and watchlists for assigned properties, highlighting any underperformance or risks
Budget Support: Support annual budgeting and reforecasting processes for each property. Work with the Asset Manager/Associate to input budget assumptions, verify that property management’s budgets meet portfolio targets, and assist in reviewing capital expenditure plans
Compliance & Due Diligence: Monitor key LIHTC compliance dates and requirements (e.g. annual certifications, rent/income limits). Track critical deadlines (tax payments, insurance renewals, loan covenants) using tickler systems. Assist with preparing documentation for regulatory audits, lender inspections, or investor site visits
Market Research: Conduct periodic market research on local rental market conditions and demographic trends affecting the properties. Provide analysis to inform leasing strategies and rent-setting decisions
Support Special Projects: Provide analytical support to asset managers on ad hoc projects, such as refinancing analysis, reserve draws, or disposition analysis. Assist the team in gathering data for acquisitions or dispositions as needed
Qualification
Required
Bachelor's degree in finance, real estate, economics, accounting or related field
Strong financial analysis and modeling skills, with proficiency in Excel and real estate financial software (e.g. property management systems)
Highly organized and detail-oriented in tracking data, deadlines, and documentation
Effective written and verbal communication skills
Self-starter who can learn quickly and take initiative in identifying issues or improvements
1–3 years of experience in finance or real estate
Familiarity with affordable housing programs (LIHTC, tax-exempt bonds, etc.) is beneficial
Preferred
Academic coursework or internships focusing on real estate finance or investment analysis
Direct experience with affordable housing finance
Any relevant certifications or progress (such as CFA Level I, or real estate finance workshops)
Benefits
Medical, dental, and vision insurance coverage, with eligibility beginning 30 days after employment
Health Savings Account (HSA) option
Access to telehealth and virtual care services
Mental health and wellness support, including expedited access to therapy and counseling resources
Basic life insurance, with the option to purchase additional coverage
Short-term disability insurance
Paid time off (PTO), accruing at 15 days per year
Ten (10) paid company holidays annually
401(k) retirement plan with employer match
Performance-based bonus program based on company and individual performance
Employee recognition and milestone celebrations
Access to an on-site fitness facility
Covered, year-round parking in an attached garage
Daily office amenities, including coffee, snacks, and beverages
Company
Lotus Company
Lotus Company is a private property and hospitality venture company.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Bryan Wrigley
Founder & CEO
Joe Torman
President of Development & Construction
Company data provided by crunchbase