Asset Manager

Full Time
Philadelphia, PA 19106
Posted
Job description
The GoldOller Asset Manager will be responsible for the strategic and tactical operations of multi-family properties in the portfolio. He/She will be responsible for overseeing and managing multiple properties and their respective Regional and Property Managers as well as be accountable to the Director of Asset Management and Chief Operating Officer. The areas of responsibilities for the Asset Manager include the following:


Duties and Responsibilities:

  • Maximize total return for each asset through the analysis of property efficiencies and identifying opportunities for improved performance.
  • Work closely with Regional and Property Managers to provide direction for and oversight of business plans, budgets, forecasts, leases, analysis, approvals and A/R.
  • Monitor property operations including review of budgets, operating statements, rent rolls, sales reports, and capital improvements.
  • Prepare necessary monthly, quarterly, and annual reporting for investors and senior management.
  • Host recurring calls with investor partnership to review financial and operational performance.
  • Negotiate contracts and oversee implementation of capital improvement and ‘value-add’ programs within the portfolio.
  • Perform valuations of each asset on a quarterly basis, working with analytical staff.
  • Manage long term cash flow, distribution analysis and investment projections.
  • Model full life cycle financial analysis for each asset from acquisition through disposition.
  • Develop and implement strategic business plans for each asset that will govern its daily operations, position in the market, and ultimate disposition.
  • Manage the capital improvement strategies and processes, including oversight of the construction management activities.
  • Evaluate the local markets to identify changes and trends and the related impact on real estate values and investment strategies.
  • Work Collaboratively with the acquisition team members in evaluating potential investments opportunities.
  • Active participation in the acquisition process, conducting due diligence including legal, accounting, engineering and financial to gaining necessary internal approvals and closing, as well as CapEx planning.
  • Required property visits throughout the year to monitor property performance and lead investor tours.

Skills Required:

  • Strong financial modeling skills, detailed property-level financial statement analysis, lease management, pro forma analysis and rent-setting evaluation.
  • Exceptional analytical skills.
  • Detail orientated, highly organized and able to handle multiple concurrent projects.
  • Able to independently identify and solve key business problems.
  • Communicating in a professional manner with employees, vendors, and company contacts.

Qualifications:

  • Minimum – Bachelor’s Degree in Accounting, Finance, Real Estate or related field.
  • 5 years’ experience in multi-family real estate, analysis/asset management experience or related field.
  • Proficient with OneSite – RealPage Residential Property Management Software.
  • Advanced knowledge of MS Windows, Excel and Word.

Visit www.goldoller.com to learn more!


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