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Asset Manager

MJW Investments
Posted 19 days ago, valid for 16 days
Location

Los Angeles, CA, US

Salary

$125,000 per year

Contract type

Full Time

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Sonic Summary

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  • Our organization is looking for a strategic Asset Manager to oversee the financial and operational performance of a conventional multifamily portfolio.
  • The ideal candidate will have at least 3 years of multifamily asset management experience and will be responsible for driving asset performance and maximizing investment returns.
  • Key responsibilities include leading operational reviews, analyzing financial statements, and developing annual budgets and forecasts.
  • The position offers a competitive base salary along with a discretionary performance bonus and comprehensive benefits.
  • This role is based in West Los Angeles with a work-from-home option on Fridays, requiring strong financial modeling skills and excellent executive communication.


Asset Manager – Conventional Multifamily

Position Overview

Our organization is seeking a strategic and results-oriented Asset Manager to oversee the financial and operational performance of a conventional multifamily portfolio. This position partners with executive leadership and cross-functional teams to drive asset performance, execute business plans, and maximize investment returns. The successful candidate will lead strategic initiatives, evaluate financial performance, influence operational decision-making, and provide executive-level reporting while serving as a trusted advisor across the organization.

Key Responsibilities

•    Lead asset management for a portfolio of conventional multifamily communities managed both in-house and by third-party operators.

•    Own property financial performance, including NOI, occupancy, revenue growth, operating expenses, cash flow, and investment returns.

•    Lead weekly operational reviews with Regional Managers and Property Managers to identify risks, opportunities, and action plans.

•    Review monthly financial statements, identify trends and variances, and recommend strategies to improve performance.

•    Develop annual operating budgets, forecasts, business plans, and capital improvement strategies.

•    Prepare executive dashboards, investor reports, and portfolio presentations.

•    Evaluate pricing, renewals, concessions, leasing velocity, delinquency, and expense management.

•    Perform hold/sell analyses, refinancing evaluations, acquisition integration, and disposition support.

•    Partner with Accounting, Operations, Acquisitions, and executive leadership on strategic initiatives.

•    Build and improve portfolio analytics, KPI reporting, and financial models.

Qualifications

•    3+ years of multifamily asset management experience.

•    Strong financial modeling and advanced Excel skills; Argus experience preferred.

•    Experience with budgeting, forecasting, capital planning, and investor reporting.

•    Demonstrated ability to influence operations and improve asset performance.

•    Excellent executive communication and presentation skills.

•    Bachelor’s degree in finance, real estate, accounting, business, or related field.

What Success Looks Like

•    Drives measurable improvements in NOI, occupancy, and revenue.

•    Provides timely, accurate executive reporting and recommendations.

•    Builds strong partnerships with operations while maintaining financial discipline.

•    Demonstrates ownership, initiative, and an entrepreneurial mindset.

Location & Compensation

• In-office - West Los Angeles (90025) / Work from Home: Fridays

• Competitive base salary plus discretionary performance bonus

• Comprehensive benefits

• Opportunity to invest alongside the firm's acquisitions.



M-F 9am-6pm/ Friday is Work from Home



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