Asset Manager

Alliance 2020; Houston (TX); On-site; USD 90,000 - 130,000; Full time

Job summary

Alliance Residential is seeking an Asset Manager to join the Development Asset Management team to proactively manage assets with a focus on reports, analysis, budgeting, and financing to maximize value and tenant satisfaction.

Key duties include monitoring asset performance, preparing detailed reports for senior management and investors, coordinating budgets and forecasts, reviewing capital expenditures and contracts, and collaborating with development teams on property transactions.

Qualifications

• Strong sense of responsibility and initiative.
• Excellent verbal and written communication skills.
• Proven leadership and management abilities.
• Able to perform intermediate mathematical functions.
• Proficient with Excel, Word, Outlook and PowerPoint.

Responsibilities

• Monitor and analyze performance of multifamily assets, including budgeting, forecasting and variance analysis.
• Develop and implement strategies to optimize occupancy, rental rates, and overall asset value.
• Conduct conference calls between Alliance and ownership group as necessary but no less than quarterly.
• Prepare and present detailed asset reports to senior management and investors, highlighting performance metrics and strategic recommendations.
• Provide detailed annual budget for Alliance and ownership group and forecast quarterly.
• Analyze and approve all capital expenditures.
• Review and approve reserve draw requests, depository accounts, operations accounts, and vendor contracts.
• Oversee property management teams to ensure efficient operations and tenant services.
• Collaborate with development and construction teams on property transactions including due diligence.
• Any other tasks assigned or directed.

Skills

Budgeting

Forecasting

Asset management

Leadership

Tools

Excel

Word

Outlook

PowerPoint

Job description

As an Asset Manager you are to be an active member of the Alliance Development Asset Management team by proactively managing the asset to include reports, analysis and financing.

What You'll Do:

Tasks listed below are not an exhaustive list of all the tasks that may be required for this position.

• Monitor and analyze performance of multifamily assets, including budgeting, forecasting and variance analysis.
• Develop and implement strategies to optimize occupancy, rental rates, and overall asset value.
• Conduct conference calls between Alliance and ownership group as necessary but no less than quarterly.
• Prepare and present detailed asset reports to senior management and investors, highlighting performance metrics and strategic recommendations.
• Provide detailed annual budget for Alliance and ownership group on annual basis and provide forecasting quarterly.
• Analyze and approve all capital expenditures.
• Review and approve reserve draw requests, depository accounts, operations accounts, daily operation accounts of assets, third-party contracts to maintain assets, etc.
• Oversee property management teams to ensure efficient operations and delivery of excellent tenant services.
• Review and approve operating expenses, capital expenditures and vendor contracts.
• Collaborate with development and construction teams as needed on property transactions, including due diligence efforts.
• Any other tasks assigned or directed

What You’ll Need to Succeed:

• High degree of responsibility and initiative
• Good verbal and written communication skills
• Possess strong management and leadership skills
• Must be able to perform intermediate mathematical functions
• Ability to operate software’s such as Excel, Word, Outlook, and PowerPoint.
• Strong analytical and reasoning skills
• Strong interpersonal skills with the ability to interact and relate effectively, productively, and positively with other associates and clients
• Ability to multitask and switch focus frequently
• Ability to have flexibility with working schedule based on business and deadline needs
• Ability to work a schedule during normal work hours and that may be other than Monday-Friday, 8-5. Work in excess of 40 hours per week is likely
• Consistent, regular and in person attendance during regular working hours at the workplace is required

Alliance Residential is an equal opportunity employer. All applicants receive consideration for employment without regard to race, age, sex (including gender, pregnancy, childbirth, and related medical conditions), color, creed, medical condition, genetic information, marital status, national origin, alienage, citizenship status, religion, sexual orientation, military or veteran status, handicap, mental and physical disability, and family care or leave status, as well as all other characteristics protected by state or federal law or local law.

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.