Strategic Multifamily Asset Manager: Maximize NOI

Advanced Asset Management, LLC; Forney (TX); On-site; USD 85,000 - 110,000; Full time

Benefits offered by this job

Health insurance

Paid time off

Collaborative work environment

Direct exposure to executive team

Job summary

Advanced Asset Management, LLC is seeking an experienced Asset Manager to oversee financial and operational performance for multifamily assets in Texas. You will partner with ownership and cross-functional teams to maximize NOI, improve occupancy, and drive value through strategic business plans.

You will analyze property financials, monitor KPIs, and prepare ownership reports, with involvement in acquisitions, dispositions, and capital plans as needed.

Qualifications

• 3+ years of experience in multifamily property management, asset management, portfolio management, real estate finance, or related field.
• Strong understanding of multifamily operations, property financials, budgeting, forecasting, and performance management.
• Experience analyzing income statements, budgets, rent rolls, occupancy, collections, expenses, and NOI.
• Excellent analytical, financial, communication, presentation, and problem-solving skills.

Responsibilities

• Oversee financial and operational performance of assigned multifamily assets.
• Develop and execute asset business plans to improve NOI, occupancy, revenue, and asset value.
• Review budgets, forecasts, financial statements, rent rolls, and variance reports to identify trends and opportunities.
• Monitor KPIs including revenue, expenses, occupancy, collections, turnover, and NOI.
• Partner with Operations and Accounting to address performance gaps and implement corrective actions.
• Prepare monthly/quarterly asset performance reports for ownership and leadership.

Skills

Financial analysis

Excel

PivotTables

Budgeting

Real estate finance

Multifamily operations

Education

Bachelor's degree in Real Estate/Finance/Accounting/Business Administration

MBA or MSRE

Tools

Yardi

Entrata

RealPage

AppFolio

Job description

Advanced Asset Management, LLC is seeking an experienced Asset Manager to oversee financial and operational performance for multifamily assets in Texas. You will partner with ownership and cross-functional teams to maximize NOI, improve occupancy, and drive value through strategic business plans.

You will analyze property financials, monitor KPIs, and prepare ownership reports, with involvement in acquisitions, dispositions, and capital plans as needed.