Senior Asset Manager

This role within the Asset Management department will focus on the financial analysis, reporting and management of a commercial real estate portfolio. The Senior Asset Manager plays a direct role in the operations, management, value creation and strategic direction of real estate assets under management. This role will supervise, mentor, and train other members within the Asset Management Department

Employee will exercise independent judgment in day-to-day responsibilities with limited supervision.

Essential Job Functions

• Analyze property performance for a commercial real estate portfolio
• Establish strategic goals for the portfolio and manage strategy decisions to maximize value and financial performance of the portfolio
• Perform detailed financial analysis on monthly, quarterly, and annual financial packages
• Review budgets, forecasts, and other ongoing financial projections
• Create and update Profit and Loss (P&L) reports, performance vs. budget reports, cash flow schedules
• Provide monthly investment summary to investors and respond to their comments and requests as needed.
• Manage capital expenditures
• Work with third party property management team on the portfolio
• Assist in property acquisition and management transition process and ensure required capital projects are completed in accordance with the lender requirements.
• Assist with the refinance of existing properties.
• Research and analysis as needed
• Develop and maintain network of industry relationships
• Work with team members to complete loan draws for capital expense items, and review and approve capital expense projects
• Communication and reporting out to investors
• Perform periodic visits of assigned properties to identify opportunities and potential capital needs.
• Additional duties as may be assigned

Minimum Requirements

• Bachelor’s degree in Accounting, Finance, Real Estate or related field
• 2-5 years experience in commercial real estate Asset Management preferred
• Familiarity with accounting software
• Good communication skills, both oral and written
• Working knowledge of Microsoft office products including Word, Excel, PowerPoint, and Outlook, and Teams

Skills and Abilities

• Ability to supervise staff
• Good organizational and time management skills
• Able to work in a fast-paced, team-oriented environment
• Able to prioritize, multi-task and meet tight deadlines
• Strong interpersonal skills with the ability to collaborate internally and externally
• Able to use a variety of office equipment, such as computers, photocopiers, scanners, and videoconferencing and telephone systems
• Computer literate – capable of performing tasks such as: create spreadsheets; compose correspondence; manage databases; and create presentations, reports, and documents using desktop software and digital graphics
• Exhibit discretion and good judgment
• Ability to work independently