Skip to Main Content
← Back to Jobs

Asset Manager Real Estate

Fireside Financial LLC Edwardsville, IL
  • Posted: over a month ago
  • Full-Time
  • Benefits: 401k

Asset Manager

Job Description

We are currently seeking a dynamic professional with experience in the commercial real estate industry who is looking for a great opportunity to manage current assets and expand their responsibilities as the company/assets grow. This position will consist of generating, tracking, and reporting on property-level performance of both operating assets and development deals.

An ideal candidate will have a solid finance background within a real estate organization and be able to demonstrate strong quantitative and analytical ability with excellent problem solving and communication skills. Must be able to present complex data, financial analysis and investment concepts in a succinct, straightforward manner.

Primary Duties and Responsibilities

- Provide research, analysis, modeling for budgeting, capital projects, and leasing metrics

- Analyze financial statements and property operating statements

- Prepare property level forecasts and internal valuations

- Project liquidity requirements relative to lease roll over, refinancing, and capital expenditures

- Direct asset strategies including leasing, physical improvements, capital structure and sell/hold analysis based upon financial analysis and market analysis

- Monitor loan documents and other agreements for covenant and reporting compliance

- Manage client relationships, while enforcing loan document/lender requirements

- Perform ongoing risk analysis, ensuring timely risk detection

- Conduct market research and prepare market reports

- Analyze and interpret monthly reporting packages from operating partners

- Produce comprehensive monthly, quarterly, and ad-hoc asset reporting summary

- Evaluate the credit quality of tenants, recommend lease-level security enhancements

- Review and provide final recommendations for approval of:

  • Loan draw applications
  • Equity draw applications
  • Annual property level budgets
  • CAM recs
  • Asking rates
  • All marketing collateral

Qualifications

- Bachelor's Degree in business, finance, or economics

- At least 3 years of work experience in commercial real estate including analysis/asset management experience

- Experience in property management, leasing and operations desirable

- Proficiency in analyzing property operating statements, rent rolls, borrower financial statements and in modeling complex financial scenarios

- Highly developed analytical skills including the ability to create complex spreadsheets and financial analyses

- Outstanding writing skills and oral presentation ability

- High integrity, the ability to communicate articulately and concisely, strong interpersonal and partnership skills, achievement drive, and intellectual curiosity

- High level of proficiency in Microsoft Office (Excel, Word, PowerPoint)

- Detail-oriented with a strong accounting/financial background

- Strong understanding of real estate finance, complex deal structures, leasing, property operations, and capital improvements for commercial office and multifamily properties

- Analytical problem solver who can creatively devise solutions and provide tactical advice / implementation strategies

- Self-motivated with effective interpersonal and collaborative working style

- Ability to probe, ask the right questions and dig beneath the surface to test the validity of information

- Capability to think critically, solve problems logically and make well-reasoned business decisions

- Can demonstrate advanced knowledge of Excel and PowerPoint

- Experience with (or a strong willingness to learn) ARGUS, Yardi and Sharepoint

Travel

- As-needed, up to 20%

Fireside Financial LLC

Address

Edwardsville, IL
USA

What email should the hiring manager reach you at?

By clicking the button above, I agree to the ZipRecruiter Terms of Use and acknowledge I have read the Privacy Policy, and agree to receive email job alerts.

What email should we contact you at once we get salary info from the hiring manager?

By clicking the button above, I agree to the ZipRecruiter Terms of Use and acknowledge I have read the Privacy Policy, and agree to receive email job alerts.

Our qualification feature is only available to registered members - what email address would you like for us to keep on file?

By clicking the button above, I agree to the ZipRecruiter Terms of Use and acknowledge I have read the Privacy Policy, and agree to receive email job alerts.