Irvine Company

Sr. Manager, Asset Management - Office ($141,300.00 - $180,700.00)

Irvine Company$141K — $180K *
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in business, real estate, or equivalent; MBA preferred.
  • 5+ years of experience in real estate finance or analytical roles.
  • Strong understanding of corporate finance concepts and financial statement analysis.
  • Advanced skills in Excel with strong modeling capabilities; experience with ARGUS preferred.

Responsibilities

  • Model and analyze financial concepts using NPV, IRR, and DCF methodologies in ARGUS and Excel.
  • Conduct annual property valuations and provide underwriting support for leases, acquisitions, and capital investments.
  • Prepare investment theses and financial exhibits for key investment decisions.
  • Create annual property business plans and track performance metrics against benchmarks.
  • Lead quarterly property reviews, summarizing budget variances and operating metrics.
  • Research and monitor market conditions and pricing trends to support strategic business planning.
  • Collaborate with property operations, leasing, and asset management teams for comprehensive analysis.

Benefits

  • Paid time off
  • 401(k) matching
  • Health benefits
Full Job Description
Position Summary:

This role primarily focuses on financial analysis and valuation of real estate assets, utilizing models like Net Present Value (NPV), Internal Rate of Return (IRR), and Discounted Cash Flow (DCF) in tools such as ARGUS and Excel. The responsibilities encompass a range of analytical support from annual property valuations and underwriting for leases and acquisitions, to preparing investment theses and actively participating in the creation and monitoring of property business plans and performance. Additionally, the role involves market research and cross-functional collaboration with property teams to inform financial and strategic decisions.

Key Responsibilities:

  • Model and analyze financial concepts, including NPV, IRR, and DCF; maintain ARGUS and Excel models for assigned properties.
  • Conduct annual internal property valuations and provide analytical/underwriting support for leases, tenant credit worthiness, capital investments, new developments, and acquisitions.
  • Prepare investment theses, deliverables, and financial exhibits to support key investment decisions.
  • Participate in creating annual property business plans and monitoring asset performance against benchmarks like cash flows, leasing goals, and forecast yields.
  • Participate in quarterly property reviews and forecasts, creating summary reports on budget variances, occupancy, and operating metrics.
  • Monitor and collect data on market conditions, pricing trends, and competitor research to support business plans.
  • Work closely with property operations, leasing, and asset management teams to gather input for business plans and valuation/investment analysis.


Additional Skills:

Preferred Education:

Preferred Years of Relevant Work Experience:

Additional Requirements:

Minimum Qualifications / Other Expectations:

Education & Experience:
  • Bachelor's degree with a preferred major in business and/or real estate and/or equivalent experience; MBA preferred
  • Five plus years of experience in real estate finance or analytical role
  • Experience with financial statement analysis and a strong understanding of corporate finance concepts.
  • Superior in Excel, including strong modeling capability; ARGUS experience preferred

Compensation:

Base Pay Range: $141,300.00 - $180,700.00

Actual placement within this range may vary based upon, but not limited to, relevant experience, time in role, base salary of internal peers, prior performance, business sector, and geographic location.

The Company also offers competitive benefits for full time employees including paid time off, matching 401(k), and health benefits.

#LI-Onsite

About Irvine Company

The Irvine Company is a privately held real-estate investment company headquartered in Newport Beach, California. It specializes in master-planned communities, luxury apartments, office, retail, and resort properties in Orange County, San Diego, Los Angeles, Silicon Valley, and Chicago. The company was founded in 1864 and has been owned by the Irvine family for six generations. The company is known for its commitment to sustainability and has received numerous awards for its environmental initiatives. The Irvine Company is also a major philanthropic contributor to the communities in which it operates.
Learn more about Irvine Company
Size
1,600 employees
Industry
Founded
1864

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