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Assistant Asset Manager Jobs in California (NOW HIRING)

The Asset Manager will also assist the department on special projects related to Partnership Reporting, Workouts and Year 15 exit strategies. The ideal candidate will be able to work in a team ...

ASSET MANAGER

Los Angeles, CA · On-site

$80K - $95K/yr

The Asset Manager will also assist the department on special projects related to Partnership Reporting, Workouts and Year 15 exit strategies. The ideal candidate will be able to work in a team ...

ASSET MANAGER

Los Angeles, CA · On-site

$80K - $95K/yr

The Asset Manager will also assist the department on special projects related to Partnership Reporting, Workouts and Year 15 exit strategies. The ideal candidate will be able to work in a team ...

ASSET MANAGER

Los Angeles, CA · On-site

$80K - $95K/yr

The Asset Manager will also assist the department on special projects related to Partnership Reporting, Workouts and Year 15 exit strategies. The ideal candidate will be able to work in a team ...

As a member of our team, you will help to assist USSOCOM, Service Component Commands, Theater ... Provide asset management services and inventory control analysis to maintain consistent ...

As a member of our team, you will help to assist USSOCOM, Service Component Commands, Theater ... Provide asset management services and inventory control analysis to maintain consistent ...

... * Assist with quality control checks prior to final asset release and distribution * Support ... Proven ability to manage large asset bundles (400+ files) and high-volume production timelines

Asset Management Administration * Oversee daily post-production operations and asset management ... * Assist with quality control checks prior to final asset release and distribution * Support ...

Asset Management Administration * Oversee daily post-production operations and asset management ... * Assist with quality control checks prior to final asset release and distribution * Support ...

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Showing results 1-20

Assistant Asset Manager information

See California salary details

$32.3K

$65K

$161.6K

How much do assistant asset manager jobs pay per year?

As of Aug 7, 2026, the average yearly pay for assistant asset manager in California is $65,042.00, according to ZipRecruiter salary data. Most workers in this role earn between $39,658.00 and $62,670.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as an assistant asset manager, and why are they important?

To thrive as an Assistant Asset Manager, you need a solid understanding of financial analysis, real estate principles, and asset management, often supported by a degree in finance, business, or a related field. Familiarity with property management software, Excel, and financial modeling tools, as well as professional certifications like CPM or CFA, are commonly required. Strong organizational, problem-solving, and communication skills help you effectively collaborate with stakeholders and manage multiple assets. These skills are crucial for optimizing asset performance and supporting strategic decision-making in a competitive investment environment.

How does an assistant asset manager typically collaborate with other departments to maximize asset value?

Assistant Asset Managers regularly work with teams across property management, finance, and leasing to ensure assets are performing optimally. They may coordinate with property managers to address maintenance issues, analyze financial statements with accountants, and support leasing teams to identify occupancy opportunities. Effective cross-department communication is key, as it helps to align strategies for increasing asset value and resolving operational challenges quickly. This collaborative environment also offers valuable learning experiences for those looking to advance into senior asset management roles.

What is the difference between Assistant Asset Manager vs Property Manager?

AspectAssistant Asset ManagerProperty Manager
ResponsibilitiesSupports asset management strategies, analyzes financial performance, assists in portfolio optimizationManages daily property operations, tenant relations, maintenance, and leasing
CredentialsTypically requires real estate, finance, or related certifications; often a bachelor's degreeRequires property management licenses or certifications; bachelor's degree often preferred
Work EnvironmentOffice-based, collaborating with asset management teams and investorsOn-site at properties, interacting with tenants and vendors
Industry UsageCommon in real estate investment firms and asset management companiesPrevalent in residential, commercial, and retail property management companies

The main difference is that Assistant Asset Managers focus on supporting investment strategies and financial performance of real estate portfolios, while Property Managers handle daily property operations and tenant relations. Both roles require related certifications and are integral to real estate management but serve different functions within the industry.

What does an assistant asset manager do?

An Assistant Asset Manager supports the management of a company's assets, which can include real estate, equipment, or investment portfolios. Their primary responsibilities involve assisting with property operations, financial reporting, lease administration, and coordinating maintenance or improvement projects. They often analyze financial data, prepare reports for senior managers, and help ensure assets are maintained and performing well. This role requires strong organizational and analytical skills, as well as the ability to work collaboratively with various stakeholders.
What are the most commonly searched types of Asset Manager jobs in California? The most popular types of Asset Manager jobs in California are:
What are popular job titles related to Assistant Asset Manager jobs in California? For Assistant Asset Manager jobs in California, the most frequently searched job titles are:
What job categories do people searching Assistant Asset Manager jobs in California look for? The top searched job categories for Assistant Asset Manager jobs in California are:
What cities in California are hiring for Assistant Asset Manager jobs? Cities in California with the most Assistant Asset Manager job openings:
Infographic showing various Assistant Asset Manager job openings in California as of August 2026, with employment types broken down into 77% Full Time, 20% Part Time, 2% Temporary, and 1% Contract. Highlights an 84% Physical, 3% Hybrid, and 13% Remote job distribution, with an average salary of $65,042 per year, or $31.3 per hour.

$80K - $95K/yr

Full-time

Re-posted 21 days ago


Job description

Description

As a member of ACOF's Asset Management Department, the Asset Manager will manage a portfolio of Affordable Housing developments through the oversight of property management companies, semi-annual site visits, regular financial reviews, and compliance review. In addition, the Asset Manager will focus on the review and analysis of property level financial data for ACOF's portfolio, including annual operating budgets, quarterly financial statements, residual receipts analysis, year-end audited financial statements and tax returns. The Asset Manager will also assist the department on special projects related to Partnership Reporting, Workouts and Year 15 exit strategies. The ideal candidate will be able to work in a team building atmosphere and be contributing member in our organization.


Essential Duties

  • Be primarily responsible for asset management activities, including oversight of property management agreements, regulatory agreements and requirements; development and oversight of property budgets and financial performance; lender, investor and program compliance reporting; capital needs assessments and planning.
  • Maintain clear and consistent communications with property management agents regarding housing objectives and operations as they relate to project budgets, lease-up, maintenance, rent collections, annual monitoring and compliance, rent increases, day-to-day procedural issues, and Agency mission.
  • Work closely with the Chief Financial Officer to initiate and review annual financial statement audits.
  • Conduct regular analysis of operating statements, budgets and other data relating to asset management.
  • Forecast operating performance and capital needs, and report to Director of Asset Management as required and needed.
  • Work proactively to identify property performance issues if they arise. 
  • Work collaboratively with housing, finance and property management staff to create and implement a workout plan or other steps to address performance concerns.
  • Perform physical inspection of assigned properties twice a year. 

Requirements

Requirements:

  • Two to three years' experience in multifamily real estate development or management with background in affordable housing 
  • Bachelor's degree from an accredited college or university in accounting, finance or related field
  • Minimum six years work experience may be substituted for college degree
  • Minimum three years of experience working with LIHTC
  • Possession of a valid California driver's license
  • Access to a personal vehicle to be used to conduct ACOF business
  • Ability to meet California minimum and ACOF insurance requirements
  • Familiarity with MS Office Suite

Preferred Qualifications:

  • Master's degree in business administration, finance, economics, or accounting, or equivalent experience
  • Three to five years' experience with operations and analysis, budgeting, compliance reporting, and financial reporting in a non-profit setting.
  • Entrepreneurial and creative approach to problem solving in the field of affordable housing and asset management
  • Strong written and verbal communication and analytical skills