Director, Asset Management

Sun Communities & Sun Outdoors; Southfield (MI); On-site; USD 170,000 - 230,000; Full time

Benefits offered by this job

Medical and Prescription coverage

Dental and Vision plans

401(k) with employer match

Paid time off

Parental leave

Employee discounts

Job summary

Sun Communities & Sun Outdoors, based in Metro Detroit, Michigan, seeks a Director of Asset Management to oversee a diversified portfolio of manufactured housing and RV assets. You will drive long-term value, develop business plans, and partner with senior leadership across Revenue Management, FP&A, Operations, Marketing, and Utilities.

The role requires strategic leadership, strong financial modeling, and cross-functional execution to optimize NOI, capital planning, and market positioning.

Qualifications

• 7 years in real estate asset management or related investment roles.
• Proven leadership and portfolio oversight experience.
• Strong financial modeling, analysis, and strategic planning skills.
• Experience with systems implementation or enterprise data management is a plus.
• Excellent communication and presentation skills.
• Valid driver's license required.

Responsibilities

• Lead multi-year portfolio strategies, capital planning, and value creation initiatives.
• Analyze portfolio performance vs underwriting; recalibrate strategy with senior leaders.
• Develop data-driven occupancy and pricing plans to optimize revenue and NOI.
• Manage budgeting, forecasting, variances, and performance improvements with FP&A.
• Oversee regulatory, environmental, and climate-risk mitigation efforts.
• Maintain financial models for strategic planning and executive reporting.
• Coordinate team member selection, development, and policy compliance.
• Present performance, plans, and investment strategies to executives.

Skills

Leadership

Financial modeling

Strategic planning

Cross-functional collaboration

Executive presence

Data-driven decision making

Driver's license

Education

Bachelor's Degree in Finance/Real Estate/Business

Master's Degree in Finance/Real Estate/Business

Job description

Overview

The Director, Asset Management supports the strategic oversight of a portfolio of MH and/or RV assets and is responsible for driving property-level performance, long-term value creation, and the development and execution of business plans. This role partners closely with senior leadership and collaborates cross-functionally with Revenue Management, FP&A, Operations, Marketing, and Utility Management to ensure performance goals are met or exceeded. The Director, Asset Management will also take a strong supporting role in the design and implementation of internal systems and processes to institutionalize asset-level knowledge and decision-making frameworks.

Job Duties

• Lead the development and execution of multi-year portfolio strategies, including long-term capital planning, reinvestment, and value creation initiatives. (Essential)
• Drive analysis of portfolio performance versus underwriting and investment assumptions; partner with senior leadership to recalibrate strategy as needed. (Essential)
• Partner closely with Operations and Revenue Management to develop data-driven occupancy and pricing strategies that optimize revenue growth and asset performance. (Essential)
• Collaborate with FP&A and Operations to lead the annual budget and forecasting process; proactively manage variances and identify performance improvement opportunities. (Essential)
• Lead cross-functional coordination on regulatory, environmental, and climate-related risks; develop mitigation strategies and ensure compliance. (Essential)
• Maintain and refine financial models to support strategic planning, portfolio optimization, and executive reporting. (Essential)
• Coordinates team member selection and development and ensures team members comply with appropriate policies and procedures.
• Provide strategic oversight of the financial and operational performance of a diversified regional or strategic portfolio of assets, ensuring alignment with enterprise objectives.
• Champion initiatives to enhance Net Operating Income through operational efficiencies, expense management, and strategic reinvestment.
• Oversee capital projects, redevelopment, and expansion opportunities; evaluate return on investment and strategic alignment.
• Guide Marketing and repositioning strategies to strengthen brand presence and market competitiveness.
• Develop and implement best practices, processes, and systems to ensure consistency, transparency, and institutional knowledge retention across the asset base.
• Present portfolio performance, business plans, and investment strategies to senior executives and key stakeholders.
• Other duties as assigned.

Requirements

• Bachelor's Degree in Finance, Real Estate, Business, or related field (Required)
• Master's Degree in Finance, Real Estate, Business, or related field (Preferred)
• 7 years in of experience in real estate asset management, private equity, or investment management (Required)
• Proven leadership and portfolio oversight experience
• Exceptional financial modeling, analysis, and strategic planning skills
• Demonstrated ability to collaborate across multiple departments and lead cross-functional initiatives
• Experience with systems implementation, internal process development, or enterprise data management a strong plus
• Strong executive presence and presentation skills
• Must have a valid driver's license

Benefits

At Sun Communities, you will be part of an industry-leading organization where you will be challenged, inspired, rewarded and transformed. We place a high priority on our team members, and this is a big part of what sets us apart. We will ask you to give us your very best every day, and will challenge you with interesting work, stretch assignments, a collaborative and supportive work environment and plenty of learning and growth. In exchange, we will reward you with great pay, advancement opportunities, paid time off, great benefits, and flexibility.

• Comprehensive Medical and Prescription coverage with 4 plan options so you can choose the plan that best meets the needs of you and your family
• Comprehensive Dental and Vision Plans
• On-Site Fitness Center
• Voluntary Health and Dependent Care Reimbursement Accounts
• Life, Accidental Death & Dismemberment Insurance and Dependent Life
• Short and Long-Term Disability Coverage
• 401(k) Plan with Sun matching contribution
• Employee Assistance Program
• Identity Theft Insurance
• Legal Assistance Plan
• Pet Insurance
• Tuition Reimbursement program providing financial support to team members who further their formal education
• Vacation RV Site Discounts for team members when visiting SunRV Resorts across the nation
• Team Member Perks & Discounts program with hundreds of discounts on things like travel, merchandise, mobile phone service, and more
• Up to six weeks of paid parental leave for the birth of a child, adoption, or placement of a child
• Paid Time Off including ten holidays, vacation, personal, sick time, bereavement and pay for jury duty

Corporate Headquarters (HQ) position, located in the Metro Detroit, Michigan market today.