Property Management. Financial Analysis. Team Leadership.

We are seeking an Asset Manager to oversee a diverse collection of income-producing residential and mixed-use properties. This role involves comprehensive financial management and team supervision to ensure optimal property performance.

You'll manage the financial operations of our property portfolio, combining analytical skills with supervisory responsibilities to ensure each property meets performance standards. This position involves financial analysis, budget management, and staff development across multiple property locations.

What You'll Do

Financial Strategy & Performance

• Revenue Management: Identify value opportunities across the portfolio and work to improve property financial performance
• Budget Development: Create and manage annual operating and capital budgets, focusing on cost reduction through improved processes and strategic purchasing
• Performance Analysis: Conduct variance analyses and performance assessments to support executive decision-making

Leadership & Development

• Team Management: Supervise and develop site teams, property managers, and administrative staff to improve fiscal responsibility and operational effectiveness
• Departmental Collaboration: Work with directors throughout the organization to implement new policies, technologies, and industry practices
• Staff Training: Provide guidance and training to property management professionals

Operations Management

• Contract Review: Evaluate and manage existing contracts to improve value and reduce risk
• Technology Implementation: Stay current with industry trends and implement relevant technologies for asset and property management
• Risk Assessment: Identify operational risks and develop control systems to protect asset value

Stakeholder Relations

• Investor Communications: Manage partner, agency, and investor relationships and handle related inquiries and requests
• Compliance Management: Handle regulatory requirements including HUD protocols, tax issues, and subsidy programs
• Insurance Administration: Manage insurance administration and claims processes

Key Responsibilities

Financial Management: Ensure properties meet or exceed budgeted Net Operating Income (NOI) while maintaining appropriate cash flow and reserve levels

Process Improvement: Develop procurement initiatives, grant acquisition strategies, and operational efficiencies for implementation across the company

Data Analysis: Monitor utility consumption, track vendor performance, and manage tenant charge structures

Strategic Planning: Provide input to capital planning processes and 5-year expenditure planning

Performance Expectations

• Financial Targets: All properties will meet annual operating budget goals
• Reporting Requirements: Submit quarterly metrics and annual performance summaries as scheduled
• Operational Improvements: Demonstrate improvements in operational efficiency and cost management
• Staff Development: Support growth in site staff competency and professionalism

Position Overview

This role provides the opportunity to manage the financial performance of a substantial real estate portfolio while supervising teams across multiple locations. The position combines finance, operations, and management responsibilities, with direct impact on asset value and team development.

We are looking for a candidate who can contribute to our property management operations and help develop our portfolio's financial performance.

Apply today for immediate consideration or reach out to Sam Brockwell to learn more!
(919) 752-5899
sam@msbresources.com

this is an in-person role based in Montclair, NJ

Details