Asset Management Analyst

Macerich; Santa Monica (CA); Hybrid; USD 67,000 - 77,000; Full time

Benefits offered by this job

401(k) match

Paid time off

Holidays & sick time

Stock purchase at 15% discount

Volunteer hours + charitable match

Employee Assistance Program

Wellness program (Calm Health, ClassIs

Remote Fridays

Job summary

Macerich is seeking an Asset Management Associate in Santa Monica to support joint venture management by coordinating lease approvals and preparing financial reports. You will help with financial reviews for tenants by analyzing statements and ensuring timely document collection.

The role requires strong Excel skills, a finance or accounting background, and the ability to liaise with leasing, legal, and accounting teams. Competitive benefits and bonus potential available.

Qualifications

• Bachelor’s degree preferred; leasing/real estate background preferred.
• Proficient with Excel required.
• Strong analytical and communication skills.

Responsibilities

• Draft lease summaries and coordinate with legal and leasing teams to secure joint venture approvals.
• Collect monthly and quarterly reports and assist with budget analysis.
• Analyze tenant financial statements and ensure all required documents are collected and reconciled.
• Support joint venture management and related financial reviews.

Skills

Excel proficiency

Strong communication

Critical thinking

Education

Bachelor's degree in Finance/Accounting

Job description

Great people make great properties. As an owner, operator and developer of thriving retail centers in the nation's top markets, Macerich offers opportunities to work, grow and develop your unique talents.

About the Role :

As the Asset Management Associate, you will be responsible for supporting joint venture management by coordinating lease approvals and compiling financial reports. Additionally, you will assist with financial reviews for tenants by analyzing financial statements and ensuring the timely collection of necessary documents.

The successful candidate must be able to perform the essential functions of the position satisfactorily. If requested, reasonable accommodations will be made to enable employees with disabilities to perform the essential functions of their job, absent undue hardship.

What You Will Do:

Joint venture management support:

• Draft lease summaries and coordinate with legal and leasing teams to ensure timely approval of joint venture deals.
• Collect and compile monthly and quarterly reports, including occupancy and budget analysis, and liaise with the accounting department to address financial inquiries

Financial review assistance for potential and existing tenants

• Analyze and interpret financial statements.
• Ensure the collection of all necessary financial documents.
• Communicate with the leasing team regarding any missing or outstanding documents.

The Employer retains the right to change or assign other duties to this position.

The compensation for this position is determined based on several factors, including the candidate's experience, qualifications, and the specific requirements of the role. Final salary offers will be discussed during the interview process and will reflect the candidate's skills and the company's compensation structure.

Salary range is $66,560 - $77,000 plus 10% bonus potential

What You Bring:

• Bachelor’s degree in Finance, Accounting, or other related field preferred
• Relevant background in commercial leasing is required
• Proficient with Excel is a must
• Strong critical thinking and communication skills
• Best-in-class benefits with affordable employee contribution levels
• Paid time off, including vacation time, 12 paid holidays and 80 hours of sick time annually
• 401(k) match with immediate vesting
• Ability to purchase company stock at a 15% discount
• 24 paid volunteer hours and employer charitable match
• Employee Assistance Program
• Comprehensive wellness program including Calm Health and ClassPass memberships
• Remote Fridays

Who We Are:

Macerich is one of the country's leading owners, operators, and developers of major retail real estate (NYSE:MAC). Our high-quality retail properties in many of the most affluent and densely populated U.S. markets set Macerich apart. By bringing communities together, we create long-term value for our shareholders, partners and customers. As we work together to achieve our mission, our shared values drive our progress: Excellence, Relationships, Optimism, Integrity, Empowerment and Fun.

Macerich is an Equal Opportunity Employer committed to employing a diverse workforce. Qualified applicants will be considered without regard to race, color, religion, sex, national origin, age, sexual orientation, gender identity, gender expression, veteran status or disability.

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.