Asset Management Associate

OTH Capital; Austin (TX); On-site; USD 70,000 - 110,000; Full time

Benefits offered by this job

Paid time off

Bonus opportunities

Job summary

A private equity firm in Austin is seeking an Asset Management Analyst or Associate to support asset management operations. Responsibilities include monitoring asset performance, preparing reports, and assisting in property financial audits. Ideal candidates will have at least two years of multifamily investment experience and a Bachelor's degree in a relevant field. This full-time position offers a pathway for career development within real estate and may require travel up to 25%.

Qualifications

• At least two years of multifamily investment experience.
• Ability to oversee multiple projects.
• Excellent communication skills and ability to present information concisely.

Responsibilities

• Monitor asset performance against benchmarks.
• Identify trends in property submarkets.
• Prepare reporting for stakeholders.
• Manage the accounting of capex improvements.
• Support acquisition and disposition initiatives.
• Manage capex accounting and draw processes with partners.
• Prepare annual budgets and forecasts for investments.
• Support acquisitions and dispositions including due diligence, financing and closing.
• Oversee ad valorem tax administration and appeals.
• Maintain accountability for financial performance of each asset.

Skills

Multifamily investment experience

Advanced proficiency in Microsoft Excel

Excellent communication skills

High attention to detail

Initiative

Education

Bachelor’s degree in real estate, finance, or related field

Tools

Microsoft Excel

Job description

OTH Capital is an Austin-based private equity firm with a focus on the acquisition and development of residential real estate. Leveraging a fully-integrated investment, property management and construction platform tied together through best-in-class technology, we have developed a proven approach and model that we apply to each and every investment.

Role Description

This is a full-time in-person role for an Asset Management Analyst or Associate at OTH Capital. The position will support the asset management team in executing asset business plans, monitoring portfolio performance, and successfully managing the relationships with key vendors and stakeholders. This role offers significant growth opportunities within the firm, providing a pathway for career development within real estate.

Duties

• Monitor asset performance, measuring against pro forma, budget, and market benchmarks
• Identify trends in property submarkets, identifying potential impacts on property business plans
• Prepare and aggregate reporting for partners, lenders, and other stakeholders
• Communicate business plan objectives with property management partners
• Assist in the internal auditing of property-level financial reports before delivery to investors
• Manage the accounting of capex improvements, facilitating the draw process with investment partners
• Prepare annual Property budgets and forecasts for investments
• Support acquisition and disposition initiatives, including diligence, financing and closing
• Manage ad valorem tax administration, including appeals and compliance
• Maintain overall accountability for the financial performance of each asset in the portfolio

Role requires up to 25% travel

Benefits

• Paid time off
• Bonus opportunities

Experience and Qualifications

• At least two years of multifamily investment experience
• Bachelor’s degree in real estate, finance, or related field
• Superior work ethic and initiative, with ability to oversee multiple projects
• Advanced proficiency in Microsoft Excel
• Excellent communication skills and ability to present information concisely and effectively
• High attention to detail and accuracy

Compensation and title will vary based on demonstrated job related skills, knowledge, experience, education, certifications, etc.