Asset Management Associate

Asset Management Associate Job Description Template

Our company is looking for a Asset Management Associate to join our team.

Responsibilities:

  • Understand capital and investment structure and the relationship between property operations and investment performance;
  • Shares accountability for budgeted results and supports the budget versus actual analysis;
  • Analyzes leases and rental rates and assists in leasing decisions; monitors overall leasing status and strategies for assigned assets;
  • General market understanding for assigned assets – collects market information; in particular competitive market information;
  • Supports in restructurings, sales and asset financings as required;
  • Supports industry related projects including annual updates on sector and information gathering;
  • Verifies accuracy of property operating statements and monthly/quarterly variance analysis;
  • Prepares quarterly reports, valuation analysis and other financial reports as required;
  • Prepares and updates quarterly cash flow projections;
  • Maintains and contributes to retail information databases and libraries.

Requirements:

  • Proficiency with Microsoft Office applications required;
  • Strong oral and written communication skills;
  • 1-2 years of direct real estate and analytical experience required;
  • Strong proficiency in Argus and Excel required;
  • Strong analytical skills;
  • BS/BA and a strong academic record with emphasis on real estate, finance, accounting and/or economics required;
  • Knowledge of accounting and finance principles.