Asset Management Associate Jobs in California (NOW HIRING)

Job Summary
The asset management team acts as the "owner's representative" and is responsible for creating value and maximizing operations, overall financial performance and returns at both the individual asset level and the portfolio level over the investment life cycle. This includes consistent participation in key aspects of the strategy and performance of all assets from "cradle to grave", including asset acquisition, financing, lender compliance, business plan strategy development, pricing and operational strategy, budgeting/forecasting, capital project management and dispositions.
The asset management associate is a key member of the asset management team and plays a critical role in supporting the asset management function in the areas described above. The asset management associate works closely and collaboratively across multiple departments within the organization to support day-to-day asset management responsibilities. This includes responsibility for aggregating, analyzing and presenting data to facilitate asset and portfolio-level analysis and strategic decision-making.
ESSENTIAL DUTIES & RESPONSIBILITIES
Aggregate and maintain financial and operational performance data to support the asset management function and provide portfolio-level visibility through analytics into market and operational trends;
Support decision-making at the individual asset level with informed financial analysis;
Maintain reporting templates and provide a wide range of capital partners, including lenders and LPs, with updates on financial and operating performance;
Work across departments to support the quarterly investor reporting process at the asset, JV and consolidated portfolio level;
Support the financial analysis of new investment opportunities including participation in the pro forma underwriting and due diligence process;
Facilitate the successful onboarding of new real estate acquisitions;
Manage and support the annual budgeting process
SKILLS AND ABILITIES
Keen understanding of real estate investment concepts including asset underwriting and valuation process, discounted cash flow analyses, ROI and IRR;
Well-developed analytical abilities and problem-solving skills;
Demonstrated competence in investment and financial performance modeling for real estate using MS Excel; experience creating original materials in MS Excel for budgeting, forecasting and performance reporting; ability to model large amounts of data:
Detail-oriented and committed to delivering accurate and thorough work product;
Excellent organizational skills, including ability to prioritize and manage multiple competing tasks with specific deadlines; demonstrated ability to manage time effectively;
Team player with strong interpersonal skills; can build effective relationships across departments and outside of the organization;
Self-motivated, responsible, accountable and mature, with an exceptional work ethic; ability to work independently, in addition to working collaboratively and effectively as a team member;
Ability to demonstrate personal initiative and operate successfully in a demanding, entrepreneurial organization experiencing fast-paced growth;
Excellent verbal and written communication skills, including presentation skills;
Highly competent with other MS Office tools including Word and PowerPoint; experience with Yardi, Salesforce platforms and other industry-related software preferred;
QUALIFICATIONS
Bachelor's degree in Finance, Accounting, Business Administration or related field with a strong record of academic achievement;
Financial analysis and modeling experience in real estate investing and financial analysis required;
3- 4 years of experience with multifamily investing, financing and operations preferred
$135,000 - $150,000 a year
ABOUT VERITAS INVESTMENTS: Veritas Investments, Inc. is an experienced real estate investment manager that specializes in operating mixed-use multifamily and retail properties in the San Francisco Bay Area and Los Angeles. The company offers institutional and individual investors a vertically-integrated platform and a clearly defined investment strategy that focuses on acquiring classic, often architecturally distinctive properties in the area's most iconic neighborhoods, and then enhancing their income and value through building and management improvements. The company holds a track record for moving quickly on opportunities, executing efficiently on strategy, and delivering superior financial performance to investors while giving back to the community.
DON'T MEET EVERY SINGLE REQUIREMENT? Studies have shown that women and people of color are less likely to apply to jobs unless they meet every single qualification. At Veritas Investments, we are proud to be an equal opportunity employer. We do not discriminate based on race, religion, color, national origin, gender, gender identity, sexual orientation, age, marital status, disability, protected veteran status, or any other legally protected characteristics. At Veritas Investments we are dedicated to building a diverse, inclusive, and authentic workplace and celebrate authenticity, so if you are excited about this role but your past experience doesn't align perfectly with every qualification in the job description, we encourage you to apply anyways. You may be just the right candidate for this or other roles.
Veritas Investments is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants for employment will receive consideration for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. Veritas Investments is also committed to compliance with all fair employment practices regarding citizenship and immigration status. Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.
Recruiting Privacy Policy: https://www.veritasinvestments.com/wp-content/uploads/2024/03/Veritas-Recruiting-Privacy-Policy-March-2024.pdf
We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses and identifying potential inconsistencies or verification signals in application materials based on available information. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.