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Assistant Asset Manager Jobs (NOW HIRING)

A COMMUNITY OF FRIENDS

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 ...

A COMMUNITY OF FRIENDS

ASSET MANAGER

Los Angeles, CA

$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 ...

A Community Of Friends

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 ...

DASMEN Residential

Asset Manager

Ramsey, NJ

The person in this role will primarily assist our Executive Team with managing the assets, properties, and auditing financials. The Asset Manager will oversee regional managers, properties, and work ...

P4P

Asset Manager

Montvale, NJ

$140K - $155K/yr

Acquisitions & Dispositions: · Assist in the evaluation and due diligence of potential property acquisitions. · Manage the disposition process for assets identified for sale, ensuring optimal ...

The Annex Management Group LLC

Asset Manager

Fishers, IN · On-site

$80K - $95K/yr

If you are someone who wants to assist in our mission and make an impact, come join our team ... Develop and implement asset management strategies across the portfolio for affordable, workforce ...

Hilltop Residential

Asset Manager

Houston, TX · On-site

Job Type Full-time Description Asset Manager - Houston Corporate Office Hilltop Residential is ... reviews. * Assist in the investment process by collaborating with the investment team on new ...

New

EXCEPTIONAL PARENTS UNLIMITED

Asset Manager

Fresno, CA · On-site

$75K - $80K/yr

Additionally, the Asset Manager will lead or assist in project management initiatives related to asset optimization and facility improvements. Essential Functions: * Manage and maintain EPU ...

New

PREIT

Asset Manager

Philadelphia, PA · On-site

JOB SUMMARY: This position will support Asset Management by providing guidance to the Asset ... Reviews annual budgets and recommends modifications. * Assist in compiling annual property budgets ...

Hilltop Residential

Asset Manager

Houston, TX · On-site

Asset Manager - Houston Corporate Office Hilltop Residential is seeking a highly motivated Asset ... reviews. * Assist in the investment process by collaborating with the investment team on new ...

New

LAKESHORE EMPLOYMENT INC

Asset Manager

Skokie, IL · Hybrid

$105K - $125K/yr

Oversee analytics and process for monthly P&L review calls. * Assist with watch list tracking and ... Asset Management POSITION CLASS: Asset Manager POSITION CODE: ASSTMGR COMPETENCIES: * Treats ...

Morgan Properties

Asset Manager

Conshohocken, PA · On-site

Asset Manager Position Summary The Asset Manager plays a critical role in driving the performance ... performance. * Assist in the development of Property Improvement Plans (PIPs) by collecting ...

Sage Ventures LLC

Asset Manager

Pikesville, MD · On-site

$100K - $120K/yr

... compliance, etc). Assist with investor distributions and quarterly analysis. Coordinate SWOT ... asset management, real estate finance, or a related analytical role (internship experience ...

IRT Living

Asset Manager

Philadelphia, PA · On-site

The Asset Manager is responsible for analyzing portfolio performance and implementing strategies ... Review and track capital projects to ensure on-budget and on-schedule completion * Assist ...

Sage Ventures LLC

Asset Manager

Pikesville, MD · On-site

$100K - $120K/yr

... compliance, etc). Assist with investor distributions and quarterly analysis. Coordinate SWOT ... asset management, real estate finance, or a related analytical role (internship experience ...

Bear Real Estate Group

Asset Manager

Racine, WI · On-site

SUMMARY: The Asset Manager serves as the Owner's representative for a portfolio of multifamily ... Oversee replacement reserve funding and reserve utilization. * Assist with lender reporting ...

Bear Real Estate Group

Asset Manager

Kenosha, WI · On-site

SUMMARY: The Asset Manager serves as the Owner's representative for a portfolio of multifamily ... Oversee replacement reserve funding and reserve utilization. * Assist with lender reporting ...

LAKESHORE EMPLOYMENT INC

Asset Manager

Skokie, IL · On-site

$105K - $125K/yr

Oversee analytics and process for monthly P&L review calls. * Assist with watch list tracking and ... Asset Management POSITION CLASS: Asset Manager POSITION CODE: ASSTMGR COMPETENCIES: * Treats ...

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Assistant Asset Manager information

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.
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Assistant Asset Manager jobs near you
Infographic showing various Assistant Asset Manager job openings in the United States as of July 2026, with employment types broken down into 85% Full Time, 13% Part Time, and 2% Contract. Highlights an 92% Physical, 4% Hybrid, and 4% Remote job distribution.
ASSET MANAGER

ASSET MANAGER

A COMMUNITY OF FRIENDS

Los Angeles, CA • On-site

$80K - $95K/yr

Full-time

Re-posted 4 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