Asset Manager

Centurion Asset Management Inc.; Toronto; On-site; CAD 70,000 - 90,000; Full time

Job summary

A notable asset management firm in Toronto seeks an Asset Manager to oversee performance metrics and conduct market research for its multi-family residential portfolio. The ideal candidate will hold a Bachelor’s degree in business, finance, or accounting, and possess 3-5 years of analytical experience with strong problem-solving and organizational skills. Proficiency in MS Office and experience with Yardi software are preferred. This role promises a supportive work environment emphasizing inclusivity.

Qualifications

• 3-5 years’ analytical experience, preferably within residential asset management.
• Exceptional communication skills to present ideas effectively.
• Highly motivated and able to excel in a deadline-oriented environment.

Responsibilities

• Conduct local market research for multi-family residential buildings.
• Monitor and identify areas of operational inefficiencies.
• Assist with the preparation of annual operating and capital expenditure budgets.

Skills

Analytical skills

Interpersonal skills

Detail-oriented

Organizational skills

Problem-solving

Multi-tasking

Education

Bachelor’s degree in business, finance or accounting

Tools

MS Office (Excel, Word, PowerPoint)

Yardi property management software

Job description

Who We Are

Centurion Asset Management Inc. is a recognized leader in the Investment and Property Management industries. Providing quality investments and housing for all its clients, our experienced team comprised of more than 435 Employees is a core component of Centurion’s success since 2003. Centurion Apartment Real Estate Investment Trust (“REIT”) owns more than 22,000 multi-family apartment units and student housing beds across 46 cities in Canada and the United States. Since day one, our goal has been to provide Residents and their families with clean, safe, and comfortable homes. The REIT provides investors an opportunity to invest in a diversified portfolio of rental apartments and student housing properties, as well as mortgage and equity investments in property developments, across Canada and the United States and participate in the profits derived from them.

Our Mission

Our mission is to be sought after as a leading-edge, reputable, multi-disciplinary alternative asset manager; to capitalize on opportunities in new and interesting investment strategies that meet our mission to Investors; and to embrace change, experimentation, innovation and learning from failure to make continual improvements that drive our success and keep us ahead of our competitors.

Our Values

Our core values can be summarized by the acronym RISE: Respect for our Investors, our Residents, Co-workers, Partners and Communities; Integrity in everything we do, demonstrating sincerity, honesty and the will to do it right; Simplicity free of pretension and hassle, full of value and common sense; and Excellence in offering all our Clients and Partners exceptional products and services quality, as well as providing our Employees with an excellent workplace.

Overview

Reporting to the Director, Operations Asset Management, the Asset Manager is responsible for assisting with the development, implementation, monitoring and maintenance of key performance metrics and analytical models for Centurion Property Associates Inc.

Responsibilities

Ongoing Operations

• Conduct local market research for a national portfolio of multi-family residential apartment buildings and student housing communities.
• Asset manage third-party property management companies, monitor and identify areas of property operational inefficiencies, key performance indicators, business trends and abnormal variances.
• Bring forth recommendations to the Director, Operations Asset Management based on the outcome of the market research, including but not limited to, daily special rates and quarterly market rents, suite premiums and resident parking costs, storage fees and other building specific features offered.
• Suggest opportunities for revenue enhancement and additional value creation throughout the portfolios.
• Assist with the preparation of annual operating and capital expenditure budgets.
• Oversee the performance of 3rd party assets in Canada and USA according to the approved operating and capital expenditure budgets.

Requirements

• Bachelor’s degree in business, finance or accounting;
• 3-5 years’ analytical experience, preferably within residential asset management;
• Exceptional interpersonal, oral and written communication skills with the ability to present ideas effectively to both individuals and groups;
• Detail-oriented with excellent organizational skills and a strong ability to multi-task;
• Highly motivated and able to take the initiative required to excel in a deadline-oriented environment;
• Strong follow-up skills with the ability to effectively resolve problems in a timely manner using relevant information, sound reasoning and common sense, and;
• Excellent command of MS Office products: Excel, Word, Power Point;
• Working experience with Yardi property management software is a plus.

Centurion is an inclusive and equal opportunity Employer committed to creating a positive, supportive and inclusive environment for all Employees. In accordance with the Accessibility for Ontarians with Disabilities Act, 2005 (AODA), the Ontario Human Rights Code and all other applicable provincial rules and regulations, Centurion will provide accommodations throughout the recruitment and selection process to applicants with disabilities, as requested. This posting is for an existing job vacancy.