Director of Asset Management

Jobot; Pikesville (MD); On-site; USD 120,000 - 160,000; Full time

Job summary

Jobot is seeking a Director of Asset Management in Pikesville, MD, to lead and optimize a multifamily portfolio with a strong focus on financial performance. You will drive capital planning, budgeting, forecasting, and underwriting while leveraging Yardi for modeling and reporting.

Ideal candidate has 5+ years in asset management, a solid real estate finance background, and proven leadership across cross-functional teams.

Qualifications

• Minimum 5+ years in asset management, preferably in construction.
• Proven experience in portfolio management, NOI analysis, CAPEX, capital planning, budgeting, forecasting, underwriting, variance analysis and portfolio optimization.
• Strong proficiency in Yardi, financial modeling, executive reporting and KPI analysis.
• Solid understanding of real estate finance and leadership capabilities.
• Excellent communication and cross-functional collaboration skills.

Responsibilities

• Oversee a large asset portfolio to maximize profitability and performance.
• Develop and implement strategic initiatives to optimize portfolio results.
• Lead NOI analysis, CAPEX planning, budgeting, forecasting, underwriting and variance analysis.
• Utilize Yardi for financial modeling and executive reporting.
• Drive KPI analysis and continuous improvement across assets and teams.
• Mentor and develop a high-performing asset management team.
• Collaborate with Finance, Operations and senior leadership on strategy execution.

Skills

NOI Analysis

CAPEX

Capital Planning

Budgeting

Forecasting

Underwriting

Variance Analysis

Portfolio Optimization

Yardi

Financial Modeling

Executive Reporting

KPI Analysis

Real Estate Finance

Leadership

Communication

Education

Bachelor's in Finance/Real Estate

Master's degree or relevant certifications

Tools

Yardi

Financial Modeling

Executive Reporting

Job description

Director of Asset Management

$120000 - $160000 per year | Pikesville, MD | On-site | Permanent

Lead asset strategy and financial performance across a multifamily real estate portfolio in a highly visible leadership role. Great opportunity for an experienced asset management professional who enjoys combining financial analysis, capital strategy, and

A bit about us:

We are supporting an established real estate organization that is looking to add an experienced Director of Asset Management to its leadership team.

This is a highly visible opportunity for someone who enjoys combining financial analysis, portfolio strategy, capital planning, and operational partnership to improve the performance and long-term value of multifamily assets.

Why join us?

• $120K-$160K base salary
• High-visibility leadership opportunity
• Significant exposure to executive leadership
• Opportunity to lead and develop an Asset Management function
• Broad involvement across portfolio strategy, financial performance, and capital planning
• Strong cross-functional exposure across Finance, Operations, and other business leaders
• Minimal local travel with no overnight travel expected

Job Details

We are seeking an exceptional Permanent Director of Asset Management to join our dynamic team in the fast-paced Construction industry. This role offers the unique opportunity to manage a diverse portfolio of assets, implement strategic initiatives, and drive financial growth. The ideal candidate will be an experienced leader with a strong background in financial analysis, portfolio management, and real estate finance. They will possess exceptional skills in NOI Analysis, CAPEX, Capital Planning, Budgeting, Forecasting, Underwriting, Variance Analysis, and Portfolio Optimization. Proficiency in Yardi, Financial Modeling, Executive Reporting, and KPI Analysis is a must. This role requires a minimum of 5+ years of experience in a similar role.

Responsibilities:

• Overseeing and managing an extensive portfolio of assets, ensuring optimal performance and profitability.
• Developing and implementing strategic initiatives to optimize portfolio performance.
• Conducting NOI Analysis, CAPEX, Capital Planning, Budgeting, Forecasting, Underwriting, Variance Analysis, and Portfolio Optimization to drive financial growth.
• Utilizing Yardi for financial modeling and executive reporting.
• Conducting KPI Analysis to measure the performance of assets and implement necessary improvements.
• Leading and mentoring a team of asset managers, promoting a culture of excellence and continuous improvement.
• Collaborating with cross-functional teams to ensure the successful execution of strategic initiatives.
• Keeping abreast of industry trends and market conditions to inform decision-making processes.

Qualifications:

• A minimum of 5+ years of experience in asset management, preferably within the construction industry.
• Proven experience in Portfolio Management, NOI Analysis, CAPEX, Capital Planning, Budgeting, Forecasting, Underwriting, Variance Analysis, and Portfolio Optimization.
• Proficiency in Yardi, Financial Modeling, Executive Reporting, and KPI Analysis.
• A strong understanding of Real Estate Finance.
• Exceptional team leadership and cross-functional leadership skills.
• Excellent analytical and problem-solving abilities.
• Strong communication and interpersonal skills, with the ability to effectively communicate complex financial information to a variety of audiences.
• A Bachelor's degree in Finance, Business, Real Estate, or a related field. A Master's degree or relevant professional certifications would be considered an asset.

Jobot is an Equal Opportunity Employer. We provide an inclusive work environment that celebrates diversity and all qualified candidates receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, age (40 and over), disability, military status, genetic information or any other basis protected by applicable federal, state, or local laws. Jobot also prohibits harassment of applicants or employees based on any of these protected categories. It is Jobot’s policy to comply with all applicable federal, state and local laws respecting consideration of unemployment status in making hiring decisions.

Sometimes Jobot is required to perform background checks with your authorization. Jobot will consider qualified candidates with criminal histories in a manner consistent with any applicable federal, state, or local law regarding criminal backgrounds, including but not limited to the Los Angeles Fair Chance Initiative for Hiring and the San Francisco Fair Chance Ordinance.

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