Asset Manager

MJW Investments

Los Angeles, California (CA, MO)

On-site

USD 90,000 - 140,000

Full time

40 hours ago
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Job summary

MJW Investments seeks an Asset Manager for a conventional multifamily portfolio in West Los Angeles. You will oversee financial and operational performance, lead business plans, and collaborate with executive leadership to maximize investment returns.

You will own property financials including NOI, occupancy, revenue, expenses, and cash flow; prepare dashboards and investor reports; work with regional managers to identify risks and opportunities; and mentor cross-functional teams.

Qualifications

  • 3+ years of multifamily asset management experience.
  • Strong financial modeling and advanced Excel skills; Argus experience preferred.
  • Experience with budgeting, forecasting, capital planning, and investor reporting.
  • Demonstrated ability to influence operations and improve asset performance.
  • Excellent executive communication and presentation skills.

Responsibilities

  • Lead asset management for a portfolio of conventional multifamily communities managed both in-house and by third-party operators.
  • Own property financial performance, including NOI, occupancy, revenue growth, operating expenses, cash flow, and investment returns.
  • Lead weekly operational reviews with Regional Managers and Property Managers to identify risks, opportunities, and action plans.
  • Review monthly financial statements, identify trends and variances, and recommend strategies to improve performance.
  • Develop annual operating budgets, forecasts, business plans, and capital improvement strategies.
  • Prepare executive dashboards, investor reports, and portfolio presentations.
  • Evaluate pricing, renewals, concessions, leasing velocity, delinquency, and expense management.
  • Perform hold/sell analyses, refinancing evaluations, acquisition integration, and disposition support.
  • Partner with Accounting, Operations, Acquisitions, and executive leadership on strategic initiatives.
  • Build and improve portfolio analytics, KPI reporting, and financial models.

Skills

Financial modeling
Advanced Excel
Argus experience

Education

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

Tools

Argus

Job description

Asset Manager – Conventional Multifamily

Position Overview

Our organization is seeking a strategic and results-oriented Asset Manager to oversee the financial and operational performance of a conventional multifamily portfolio. This position partners with executive leadership and cross-functional teams to drive asset performance, execute business plans, and maximize investment returns. The successful candidate will lead strategic initiatives, evaluate financial performance, influence operational decision-making, and provide executive-level reporting while serving as a trusted advisor across the organization.

Key Responsibilities

  • Lead asset management for a portfolio of conventional multifamily communities managed both in-house and by third-party operators.
  • Own property financial performance, including NOI, occupancy, revenue growth, operating expenses, cash flow, and investment returns.
  • Lead weekly operational reviews with Regional Managers and Property Managers to identify risks, opportunities, and action plans.
  • Review monthly financial statements, identify trends and variances, and recommend strategies to improve performance.
  • Develop annual operating budgets, forecasts, business plans, and capital improvement strategies.
  • Prepare executive dashboards, investor reports, and portfolio presentations.
  • Evaluate pricing, renewals, concessions, leasing velocity, delinquency, and expense management.
  • Perform hold/sell analyses, refinancing evaluations, acquisition integration, and disposition support.
  • Partner with Accounting, Operations, Acquisitions, and executive leadership on strategic initiatives.
  • Build and improve portfolio analytics, KPI reporting, and financial models.

Qualifications

  • 3+ years of multifamily asset management experience.
  • Strong financial modeling and advanced Excel skills; Argus experience preferred.
  • Experience with budgeting, forecasting, capital planning, and investor reporting.
  • Demonstrated ability to influence operations and improve asset performance.
  • Excellent executive communication and presentation skills.
  • Bachelor’s degree in finance, real estate, accounting, business, or related field.

What Success Looks Like

  • Drives measurable improvements in NOI, occupancy, and revenue.
  • Provides timely, accurate executive reporting and recommendations.
  • Builds strong partnerships with operations while maintaining financial discipline.
  • Demonstrates ownership, initiative, and an entrepreneurial mindset.

Location & Compensation

In office - West Los Angeles

Competitive base salary plus discretionary performance bonus

Opportunity to invest alongside the firm's acquisitions.

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