A San Diego based, privately held firm established in 1979, specializing in Real Estate Management, Investment and Development is seeking an Asset Manager.
General Position Summary
Oversees, plans and manages all assets in San Diego County and the Inland Empire. Plans and directs all asset management policies, objectives, and initiatives. The position is responsible for the overall success of the administrative, financial, capital, and operations of the asset portfolio. The Asset Manager is a member of the Executive Management Team working to strategize short and long range organizational goals. Ideal candidate must have the ability to multitask, be a self-starter and self-motivator, and also must have a professional demeanor and appearance.
Essential Duties and Responsibilities
Suggest objectives and goals for each property.
Participate in property operating budgets’ preparation and approval process.
Produce reports on assigned portfolio monthly, quarterly.
Carry out a monthly review of operating statements.
Assist in conducting due diligence and financial modeling for new acquisitions and dispositions
Perform financial analysis, market studies and industry standard reporting.
Perform implementation, negotiation, and monitoring of asset programs.
Boost asset and revenue values through identified savings and efficiencies.
Create reports and perform analysis to identify potential loan delinquencies and revenue losses.
Ensure current policies are reviewed and updated.
May implement training and development programs.
Provide recommendations and implement changes for property improvements based on thorough analysis and experience.
Analyze property financials and performance metrics in pursuit of maximizing revenue and minimizing expenses
Problem solve property and portfolio level issues through research, analysis and implementation
Assist in the development and monitoring of strategies to maximize asset values within the portfolio
Complete property inspections as part of monitoring property performance, management execution and property capital needs
Handle special projects as instructed
The Asset Manager reports directly to the President and works closely with the CEO and CFO.
The following persons report directly to the Asset Manager:
Senior Portfolio Manager
Regional Property Supervisors
Regional Maintenance Supervisors
Education and/or Experience
Candidate must have a minimum of a Bachelor's degree in business or related field with sufficient experience to provide strong leadership in property management practices and techniques. Approximately 8 years equivalent level experience in managing a property management department or division strongly preferred. Experience with YARDI or similar property management software is required.
Certifications/Licenses: CPM and/or CCIM preferred. California Real Estate Broker license required.
This position will require occasional travel to over 35 properties throughout San Diego County. Candidate must possess a valid California driver’s license and reliable transportation.