Associate Director – Asset Management

Blue Signal Search; Phoenix (AZ); On-site; USD 100,000 - 140,000; Full time

Benefits offered by this job

Medical, dental, vision insurance

401(k) with match

Generous PTO

On-site fitness reimbursement

Job summary

A commercial real estate investment firm in Phoenix is looking for an experienced professional to lead asset management and financial planning for a large operating portfolio. The candidate will oversee budgets, forecasts, and property management teams while ensuring high service quality. A minimum of 8 years in commercial real estate and excellent analytical skills are required, with opportunities for significant growth within the firm. Competitive compensation and a hybrid working model will be provided.

Qualifications

• 8+ years in commercial real estate with a blend of property management and financial analysis.
• Demonstrated ownership of multi-property P&L and budget creation.
• Proven track record leading field teams and vendors.

Responsibilities

• Design and lead annual operating and capital budgets.
• Produce rolling forecasts and hold/sell analyses.
• Build a portfolio scorecard tracking occupancy-cost ratios.

Skills

Commercial real estate knowledge

Financial analysis

Property/asset management

Leadership

Negotiation skills

Yardi proficiency

Advanced Excel modeling

Education

Bachelor's degree in Finance, Real Estate, Accounting or related discipline

Tools

Yardi

Excel

ARGUS

Power BI

Job description

A privately owned commercial real-estate investor-developer headquartered in the Phoenix metro is reshaping mixed-use and open-air retail destinations across the Southwest. With more than two million square feet under ownership today and another million in late-stage development, the firm blends the agility of a start-up with the rigorous discipline of institutional capital.

Why This Role Matters

• Direct influence over a high-visibility, one-million-plus-square-foot operating portfolio and an equally large development pipeline.
• Work closely with top management to make daily decisions on financial planning, exploring refinancing opportunities, and determining the best course of action for asset management.
• Opportunity to mentor a trio of property managers and build the firm’s first data-driven asset scorecard.
• Competitive base with tiered annual bonus plus profit-share units that vest over five years.
• A clear runway toward Director/VP as the platform continues its rapid growth.

Key Responsibilities

• Design and lead annual operating and capital budgets, track variances, and drive corrective actions to protect NOI.
• Produce rolling forecasts, scenario models, and hold/sell analyses that inform equity partners and lenders.
• Prioritize capital projects using ROI hurdles; manage execution against schedule and budget.
• Build a portfolio scorecard that tracks occupancy-cost ratios, SLA compliance, and tenant satisfaction.
• Secure top-value service agreements by negotiating contracts and comparing market rates to guarantee exceptional service at competitive prices.
• Champion cloud-based work-order tools that provide visual proof of completion and speed issue resolution.
• Partner with Development for seamless handoff from construction to stabilization.
• Advise Leasing on CAM projections, deal economics, and renewal strategies.
• Translate operational realities for Accounting and Capital Markets during audits, debt placement, and sales.
• Coach and develop three property managers (each with an administrator), fostering a culture of accountability and continuous improvement.

Required Qualifications

• 8 + years in commercial real estate with a blend of property/asset management and financial analysis; retail or mixed-use preferred.
• Demonstrated ownership of multi-property P&L, budget creation, and capital planning.
• Fluency in Yardi; advanced Excel modeling required. ARGUS or Power BI a plus.
• Proven track record leading field teams and third-party vendors.
• Bachelor’s degree in Finance, Real Estate, Accounting, or related discipline.
• Competitive base salary depending on experience.
• Annual bonus tied to company EBITDA (4 %, 8 %, 14 % tiers).
• Long-term incentive plan with profit-share units (five-year vesting).
• Medical, dental, vision, 401(k) with match, generous PTO, volunteer hours, and on-site fitness reimbursement.

This is a primarily in-office role in Phoenix with occasional local asset visits (under 10 % travel). The position requires extended periods at a computer and the ability to lift up to 25 lbs; reasonable accommodations are available.

About Blue Signal:

Blue Signal is an award-winning, executive search firm specializing in finance & accounting recruiting. We have a strong reputation for finding top talent in private equity, asset management, financial services, FinTech, and accounting leadership. Learn more at bit.ly/3IKiOzm