Asset Management Analyst

Prometheus Real Estate Group; San Mateo (CA); Hybrid; USD 73,000 - 94,000; Full time

Benefits offered by this job

Annual bonus

Medical coverage

Dental coverage

Vision coverage

401(k) matching

Hybrid work schedule

Paid time off

Job summary

Prometheus Real Estate Group in the San Mateo area is seeking an Asset Management Analyst to join our Asset Management team. You’ll partner with Senior Asset Managers to maximize the value and performance of our multifamily portfolio, handling financial modeling, budgeting, and strategic planning.

Key duties include overseeing revenue management, budgeting, ROIs for repositioning, and preparing monthly ownership reports. We offer a hybrid work schedule and a comprehensive benefits program.

Qualifications

• Bachelor’s degree in Finance, Economics, Business Administration, Entrepreneurial Management, or Real Estate Management preferred.
• 0-2 years of relevant finance experience; Multifamily real estate experience strongly preferred.
• Strong analytical skills with the ability to work with, organize, and interpret complex data sets.
• Proficiency in MS Office (Excel, Word, Outlook); experience with Power BI, Yieldstar, Hyperion, OneSite/Yardi, or AI tools is a plus.

Responsibilities

• Actively manage the financial performance of assets, including revenue management oversight, sales analysis, and refinancing analysis
• Lead property and portfolio budgeting processes and calculate ROIs for repositioning efforts
• Benchmark portfolio performance against internal and external metrics
• Evaluate historical and current pricing and market trends to determine optimal pricing strategies for new leases and renewals
• Partner with Portfolio Managers, Renovation Project Managers, and Property Managers to develop and implement strategic asset plans
• Assist in coordinating due diligence requirements with lenders and third-party consultants
• Support the Acquisitions and Development teams with underwriting efforts
• Maintain and enhance the Asset Management platform; track returns and identify portfolio trends to mitigate risk and maximize revenues
• Prepare monthly ownership reports on asset performance relative to budget and same-store metrics
• Develop controls and assign responsibility for key P&L and Balance Sheet line items

Skills

Analytical skills

Finance knowledge

Communication

Education

Bachelor’s degree in Finance, Economics, Business Administration, Entrepreneurial Management, or Real Estate Management

Tools

MS Office (Excel, Word, Outlook)

Power BI

Yieldstar

Hyperion

OneSite/Yardi

AI tools

Job description

Founded in 1965, Prometheus is the largest privately held owner of apartments in the San Francisco Bay Area, with a portfolio of over 13,000 apartments in the Silicon Valley, Portland, and Seattle regions. We invest in real estate long-term and the focus on enduring quality drives every element of what we do - from our selection of locations to design decisions, reinvestments into our Neighborhoods and our operating strategy.

We are proud to be a Certified B Corporation, part of a group of companies that meets the highest standards for using business as a force for good. We have more than 500 Prometheans, and have a home office in San Mateo, with satellite offices in Portland, Oregon, and in the Bay Area. We are a vertically integrated company with four main core competencies in-house: acquisitions/investments, development, value-add renovations, and operations/property management. Prometheus has a long history of award-winning approaches to what we do, receiving over 100 awards for design and excellence including Fortune Magazine’s list of 100 Best Small & Medium Companies, the 100 Best Workplaces for Women and Best Places to Work in the Bay Area.

OUR PURPOSE

We are focused on Good Living for the Greater Good. This means providing a true sense of home and belonging for our Neighbors, Clients and Prometheans and giving our time and resources to bring positive change locally and beyond. It also means supporting you in your career goals with the very best working experience, and that starts with us having fun in the work we do together.

YOUR ROLE AND IMPACT

We’re looking for an Asset Management Analyst to join our Asset Management team. In this role, you’ll be a key partner to our Senior Asset Managers, helping to maximize the value and performance of our multifamily portfolio. From financial modeling and revenue management to budgeting and strategic planning, you’ll have your hands in all aspects of asset performance — and you’ll have the opportunity to grow with us.This is a high-visibility role where your analytical work directly inform decisions at the portfolio level. If you’re detail-oriented, financially savvy, and excited about real estate, this is the role for you.

• Actively manage the financial performance of assets, including revenue management oversight, sales analysis, and refinancing analysis
• Lead property and portfolio budgeting processes and calculate ROIs for repositioning efforts
• Benchmark portfolio performance against internal and external metrics
• Evaluate historical and current pricing and market trends to determine optimal pricing strategies for new leases and renewals
• Corporate Communications & Collaboration
  • Partner with Portfolio Managers, Renovation Project Managers, and Property Managers to develop and implement strategic asset plans
  • Assist in coordinating due diligence requirements with lenders and third-party consultants
  • Support the Acquisitions and Development teams with underwriting efforts
• Reporting & Analysis
  • Maintain and enhance the Asset Management platform; track returns and identify portfolio trends to mitigate risk and maximize revenues
  • Prepare monthly ownership reports on asset performance relative to budget and same-store metrics
  • Develop controls and assign responsibility for key P&L and Balance Sheet line items

JOB QUALIFICATIONS

The Asset Management Analyst must possess the following knowledge, skills and abilities and be able to explain and demonstrate that they can perform the essential functions of the job, with or without reasonable accommodation, using some other combination of knowledge, skills, and abilities:

• Education & Experience - Bachelor’s degree in Finance, Economics, Business Administration, Entrepreneurial Management, or Real Estate Management preferred. 0-2 years of relevant finance experience; Multifamily real estate experience strongly preferred.
• Core Competencies - Strong analytical skills with the ability to work with, organize, and interpret complex data sets.
• Technical Competencies -Proficiency in MS Office (Excel, Word, Outlook); experience with Power BI, Yieldstar, Hyperion, OneSite/Yardi, or AI tools is a plus.
• Your Cultural Traits - Although we’re a highly dispersed organization by the nature of our business, our Prometheans are strongly united by our Purpose, Mission and our Cultural Traits. These are the defining characteristics of a Promethean: Team Oriented, Communicator, Entrepreneurial, Passionate, Self-Starter, Creative, Principled, and Brand Ambassador.

COMPENSATION AND BENEFITS

We offer a variety of benefits that take compensation well beyond a paycheck. This includes traditional benefits and benefits you might not expect or know about. The provided salary range is based on a number of factors, including location, job-related skills, experience and qualifications.

Compensation

• Pay Range: $73,400.00 to $94,000.00 per year
• Discretionary Annual Bonus Plan
• Medical; Vision; Dental:100% Company-paid plans (including eligible dependents) and affordable buy-up options
• Behavioral Health Program Accessible 24/7
• Tax-Free Flexible Spending Accounts
• 401(K) Retirement Plan with Employer Matching
• Recognition & Rewards Program (Torch)
• Vacation: 10 days per year with accrual increasing over time
• Anniversary Vacation: 40-hour Vacation Granted at Tenured Milestones
• Sick Leave: 9 days per year
• 12 paid holidays, including your birthday!
• Educational Assistance, Tuition Reimbursement
• Referral Bonus
• Hybrid Work Schedule

Learn more about these and other perks of being a Promethean by exploring our full Benefits Guide

Prometheus is proud to be an equal opportunity workplace. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, veteran status, or any other status protected under federal, state or local law. We also consider qualified applicants regardless of criminal histories, consistent with legal requirements.

If you'd like more information about your EEO rights as an applicant under Federal Employment Laws, please check out these FMLA , EEO , and EPPA pages.