Asset Manager

The William Warren Group; Santa Monica (CA); On-site; USD 79,000 - 85,000; Full time

Benefits offered by this job

Bonus program

Medical, dental, vision

401(k) with company matching

PTO & holidays

Employee assistance program

Job summary

The William Warren Group, a Santa Monica-based real estate investment and management firm, is seeking an Asset Manager to develop and maintain asset-level financial models, forecast P&L, and optimize cash flow across its portfolio.

You will work with Accounting, Marketing and Operations to implement financial initiatives, prepare operating budgets, and assist with monthly and annual portfolio reporting. 2-5 years of real estate asset management experience preferred.

Qualifications

• BA/BS in related field or equivalent experience.
• 2-5 years of real estate asset management experience.
• Excellent verbal and written communication.
• Strong relationship-building skills.
• Exceptional organization and multi-tasking abilities.
• Proven ability to contribute to company objectives.
• Strong accountability and teamwork mindset.
• Energetic self-starter in a fast-paced environment.

Responsibilities

• Assist in preparing and approving property operating budgets.
• Assist monthly, quarterly and annual reporting of the portfolio.
• Analyze operating statements and financial performance.
• Help maximize asset returns through reports and analysis.
• Coordinate with CapEx, Real Estate, BizDev and Marketing teams.
• Support due diligence and underwriting of acquisitions.
• Ensure consistency of company image in communications.

Skills

Excel

Communication

Relationship management

Organization

Education

BA/BS in related field

Tools

MS Office Suite

Zoom

Gmail

Microsoft Teams

Job description

The William Warren Group is a privately held, institutional real estate investment, development, acquisition and property management firm based in Santa Monica, CA. Since its inception in 1994, its focus has been on investments in major metropolitan markets across the United States that offer significant cash flow, revenue growth, and long-term capital appreciation opportunities. The company focuses on delivering exceptional customer service, introduces progressive thinking and technology to the market, and maximizes profitability for investors, all within a fun and inspiring team environment.

When you join our family, you are tapping into the power of a different kind of brand. We seek motivated individuals who can contribute to our evolving culture. If you want to be a part of a creative, inspiring, and collaborative environment, you are in the right place. Ready to create the extraordinary? Come join us to take your career to new heights and make it an awesome work life!

How You’ll Make a Difference

The Asset Manager is responsible for helping to develop and maintain asset-level financial models that forecast detailed profit and loss in order to optimize cash flow at the property level. This role closely interacts with our Accounting, Marketing and Operations Team to ensure successful implementation of our financial initiatives.

• Assists in the preparation and approval process of property operating budgets.
• Assists in monthly, quarterly and annual reporting of the portfolio to WWG partners, JV partners and 3rd-party owners.
• Assists with monthly review of operating statements including financial analysis to determine present and future financial performance, returns and cash impacts.
• Helps maximize total return for each assigned asset through preparation of reports, analysis of property efficiencies and identifying opportunities for improved performance.
• Aids in financial analysis, market studies and industry standard reporting (i.e., variance reporting, discounted cash flows, IRR’s, etc).
• Special projects relating to increasing revenues and reducing expenses across the portfolio.
• Assists in the due diligence and underwriting of potential acquisitions.
• Helps ensure articulation and consistency of company image and position within all internal and external communications.
• Serves as point of contact with capital partners and owners regarding performance of assets.
• Coordinates with CapEx team regarding project budgets and return on investment analyses.
• Coordinates with the Real Estate team regarding projecting operating expenses for new acquisitions and developments.
• Coordinates with BizDev team regarding projecting operating expenses for management proformas.
• Works closely with Marketing, Data Intelligence team and Operations on a weekly basis to analyze performance, diagnose issues, and identify solutions for underperforming assets.

Please note that you may be asked to perform a variety of duties from time to time, which may not fall strictly in your job description. For a variety of business, safety, and technical reasons, it is necessary that all positions at WWP maintain a high level of flexibility in reference to duties you will be expected to perform.

What Makes this Opportunity Awesome

• $79,000-85,000 per year + Bonus
• Make a difference and have a positive impact.
• Take the lead on team initiatives, learn new skills, build your management capabilities, and take advantage of the many growth opportunities.
• Contribute creatively to the organization’s success by generating new and useful ideas.

About You

• Education: BA/BS in related field preferred or equivalent experience
• Experience: 2-5 years of real estate asset management experience preferred
• Excellent communication skills (verbal and written) including active listening
• Relationship skills: ability to develop and sustain cooperative working relationships – both internal and external.
• Organizational skills/Multi-tasking: Exceptional organization skills with the ability to allocate one’s time effectively, work under pressure, and meet tight deadlines; ability to handle multiple demands and competing priorities; ability to prioritize workload; and an ability to work at a detailed level.
• Proven skills in contributing to the development of company objectives and achieving desired goals.
• Strong accountability combined with strong work ethic and enthusiasm for teamwork
• Energetic self-starter with an ability to thrive in a fast pace environment.
• Intrapersonal: A willingness to learn in a dynamic environment that includes new ideas and innovation, intellectually curious, adaptable and ambitious.
• Computer Skills: Advanced Excel skills and MS Office Suite, high-level of comfort learning new accounting systems and computer applications, Zoom, Gmail, Microsoft Teams

The William Warren Group, we believe in the talent of our people. It is our passion and commitment to excellence that drives our vast portfolio of properties to succeed. We take pride in all that we do and all that we represent. It is what makes us uniquely WWG. Ready to create the extraordinary? Come join us!

Additional Perks for eligible employees:

WWG offers a competitive compensation and performance-based bonus program, in addition to medical, dental, vision, 401(k) with company matching, paid time off (PTO) and holiday perks, employee assistance program (EAP), pet insurance and teambuilding events and activities.

The William Warren Group and StorQuest say NO to drugs

WWP is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age or veteran status. WWP is also committed to compliance with all fair employment practices regarding citizenship and immigration status.