Bachelor's degree in science, real estate, business, or finance
7+ years of hands-on multifamily asset management or property management experience
Proficient in Microsoft Excel and Microsoft Suite
Familiarity with Yardi and Entrata systems preferred
Analytical mindset with a focus on results
Willingness to travel to properties as needed
Responsibilities
Evaluate performance to aid strategic business planning and enforce benchmarks
Conduct monthly financial reviews and develop strategies to enhance asset performance
Review and improve property operations including leasing and marketing strategies
Negotiate vendor contracts and pursue expense reductions
Collaborate with property management teams to solve challenges and manage budgets
Assist in renovation execution and monitor impact on leasing
Conduct regular site visits to assess property conditions and personnel issues
Problem-solve property and portfolio issues through research and analysis
Assist in due diligence and financial modeling for acquisitions and dispositions
Mentor Associates/Analysts to develop their asset management skills
Ensure compliance with regulatory programs for assigned properties
Benefits
Medical, dental, and vision insurance
Life/AD&D insurance
401K retirement plan
Paid time off and holidays
Flexible hours with hybrid work options
Performance-based bonuses
Full Job Description
Job Description:
Post Investment Group and its affiliated entities ("Post") is in expansion mode, and will be looking for qualified asset managers to join this growing team.
Responsibilities:
Evaluate overall performance to assist in strategic business planning. Assist Head of Asset Management in establishing and enforcing benchmarks, guidelines, and policies.
Perform monthly financial reviews which include creating strategies to enhance the performance of the asset, exceed budgeted and Underwritten cashflow and do monthly reclasses and accruals for clean financial statements.
Review and improve property operations including but not limited to leasing, marketing strategy/spend, expense analysis, staffing, maintenance efficiency, and property condition.
Negotiate major vendor contracts and pursue portfolio wide expense reductions through vendor bidding
Work collaboratively with property management teams to identify challenges and execute timely and effective solutions. This would include management of budgets, staffing, capex, and other property programs.
Assist in renovation execution (alongside renovation team), including initial planning, working with general contractor on delivery timelines, and monitoring impact on leasing, rental rates, etc.
Conduct regular site visits as needed to include but not limited to review of: curb appeal, status of capex projects, common area and vacant unit inspections, and personnel issues.
Problem solve property and portfolio level issues through research, analysis and implementation
Assist in conducting due diligence and financial modeling for new acquisitions and dispositions
Oversee and mentor Associates/Analysts in order to give them the insight and experience to grow to be asset managers within the company.
Oversee and ensure compliance with all regulatory programs associated with individual properties within assigned portfolio.
Qualifications:
Bachelor's degree (BA/BS) from a four-year college or university (prefer science, real estate, business or finance)
Minimum of 7 years experience in hands on multifamily asset management and/or property management
Highly proficient in Microsoft Excel and Microsoft Suite Products
Familiarity with Yardi and Entrata Systems preferred.
An analytical approach with a results oriented mindset
Travel to properties will be required
Other:
This position will report to the VP, Asset Management. It will offer the qualified candidate with competitive base pay along with performance bonus and benefits. Flexible hours available but Hybrid work (3 - 4 days in office/ field). Multi-State travel required.
ADDITIONAL ASSET MANAGEMENT JOB RESPONSIBILITIES
Produce roll-up and exception reporting models to help identify areas in need of performance improvement.
Monitor and analyze specified market conditions, using the area's internal and external financial and economic data.
Monitor and analyze property operating financial metrics to help guide the benchmark underwriting assumptions for existing company portfolio and future transactions.
Assist in monitoring property valuations and identifying opportune moments to sell / refinance current property.
Compensation + Benefits
$145,000 - $190,000 plus year end discretionary bonus
Benefit package includes medical, dental, vision, Life/AD&D, 401K, paid time off, and holidays.
