Jr Asset Manager

Sage Ventures; Pikesville (MD); On-site; USD 55,000 - 65,000; Full time

Job summary

Sage Ventures is seeking a Jr. Asset Manager to oversee rental property investments in the Baltimore/Washington area. The ideal candidate will collaborate with various departments to ensure operational excellence, requiring strong analytical skills and a solid understanding of the asset life cycle. This is an entry-level position offering competitive salaries and extensive benefits.

Benefits

Medical, vision, dental insurance

PTO

401K with a company match

Employee Assistance Program

20% rental discount at properties

Professional development opportunities

Qualifications

• 2+ years of experience in asset management or real estate finance.
• Familiarity with Microsoft data analysis tools.
• Understanding of real estate financial concepts.

Responsibilities

• Manage and analyze rental property investments.
• Oversee Month End Review (MER) and manage utility billbacks.
• Contribute to budget preparation and long-term capital planning.

Skills

Analytical skills

Attention to detail

Communication

Understanding of asset life cycle

Education

Bachelor’s degree in finance, Real Estate, Business Administration, or related field

Tools

Microsoft Excel

PowerPoint

Yardi

Job description

4 days ago Be among the first 25 applicants

Sage Ventures is a full-service vertically integrated residential development and investment firm. As a collaboratively run corporation, we develop, own, rehabilitate, sell, and manage exceptional properties throughout the greater Baltimore/Washington region.

Position Summary:

The Jr. Asset Manager will play a critical role in managing and analyzing our rental property investments, with specific emphasis on reporting and analysis. This role involves regular collaboration with upper management, the finance department, and operations. The ideal candidate should possess strong analytical skills, exceptional attention to detail, excellent communication abilities, and a solid understanding of the asset life cycle to ensure operational excellence and bottom-line optimization. To achieve this, close collaboration with the OPS team, including site visits, will be required to ensure alignment between OPS operations and Asset goals.

Essential Functions:

• Multi-Family Asset Planning & Goals - Track underwriting goals and KPIs, align budgets and capital plans with asset strategies, and collaborate on renovations and cost optimization
• Multi-Family Monthly Responsibilities - Oversee Month End Review (MER), manage utility billbacks via YES Energy, and process monthly lease renewals
• Multi-Family Quarterly Responsibilities - Support lender reporting (financials, green loan compliance, etc). Assist with investor distributions and quarterly analysis. Coordinate SWOT
• Multi-Family Annual Responsibilities - Contribute to budget prep and review, coordinate with operations for alignment, and support long-term capital planning
• Multi-Family General Responsibilities - Prepare executive presentations, maintain documentation and SOPs, assist with insurance and tax matters, and handle ad hoc projects
  
  

Requirements:

• Bachelor’s degree in finance, Real Estate, Business Administration, or related field
• 2+ years of experience in asset management, real estate finance, or a related analytical role (internship experience considered)
• Familiarity with Yardi or other property management/accounting software is a plus
• Proficiency in Microsoft Excel, PowerPoint, and data analysis tools
• Understanding of real estate financial concepts such as NOI, CAPEX, and budget variance analysis
  
  

Benefits:

We offer competitive salaries and excellent benefits, including:

Salary Range: $55,000 - $65,000

• Medical, vision, dental
• PTO
• 401K with a company match
• Employee Assistance Program
• 20% rental discount at our properties
• Professional development in the multi-family housing industry
  
  

Sage Ventures is an Equal Opportunity Employer. All employment decisions are based on business needs, job requirements and individual qualifications, without regard to race, color, religion or belief, family or parental status, or any other status protected by the laws or regulations in the locations where we operate.

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Seniority level

• Seniority level

  Entry level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

• Industries

  Internet Publishing

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