MMS Group · 22 hours ago
Asset Manager
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Real Estate
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Responsibilities
Maximize total return for each asset through the analysis of property efficiencies and identifying opportunities for improved performance
Work closely with Regional and Property Managers to provide direction for and oversight of business plans, budgets, forecasts, leases, analysis, approvals and A/R
Monitor property operations including review of budgets, operating statements, rent rolls, sales reports, and capital improvements
Prepare necessary monthly, quarterly, and annual reporting for investors and senior management
Negotiate contracts and oversee implementation of capital improvement and ‘value-add’ programs within the portfolio
Perform valuations of each asset every quarter, working with analytical staff
Manage long-term cash flow, distribution analysis, and investment projections
Model full life cycle financial analysis for each asset from acquisition through disposition
Develop and implement strategic business plans for each asset that will govern its daily operations, position in the market, and ultimate disposition
Manage the capital improvement strategies and processes, including oversight of the construction management activities
Evaluate the local markets to identify changes and trends and the related impact on real estate values and investment strategies
Work Collaboratively with the acquisition team members in evaluating potential investment opportunities
Active participation in the acquisition process, conducting due diligence including legal, accounting, engineering, and financial to gain necessary internal approvals and closing, as well as CapEx planning
Any other related duties as assigned
Qualification
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Required
Strong financial modeling skills, detailed property-level financial statement analysis, lease management, pro forma analysis and rent-setting evaluation
Exceptional analytical skills
Detail-orientated, highly organized, and able to handle multiple concurrent projects
Able to independently identify and solve key business problems
Communicating professionally with employees, vendors, and company contacts
Minimum – Bachelor’s Degree in Accounting, Finance, Real Estate, or related field
5 years’ experience in multi-family real estate, analysis/asset management experience, or related field
Proficient with OneSite – RealPage Residential Property Management Software
Advanced knowledge of MS Windows, Excel, and Word
Benefits
Paid Holidays: 12 paid holidays per year.
Paid Time-Off: Up to 2 weeks PTO in the first year, increasing with tenure.
Healthcare Plans: Comprehensive Medical, Dental, and Vision plans available after 60 days of employment.
Health Reimbursement Account: Up to $3K per calendar year.
Life Insurance: Company-paid life insurance.
Retirement Savings: Company-matched 401(k) retirement savings plan.
Certifications and Licensing: Company-paid certifications and licensing.
And much more!