Asset Management Associate

Summary

The Asset Management Analyst will work collaboratively across departments to enhance value creation at the property level, track and manage key performance metrics, and aid in both pre- and post-acquisition decision making and planning.

Principal Duties and Responsibilities

• Oversee retail leasing activity across the portfolio, coordinating with brokers; maintain performance reports, tenant relationships, CAM reconciliations, and underwriting for mixed-use acquisitions
• Manage property tax processes including underwriting, budgeting, accounting, appeals, and payments, coordinating with external consultants as needed
• Administer HOA/COA relationships and facilitate communication among stakeholders
• Evaluate and support negotiation of service provider agreements (e.g., telecom, parking) to enhance resident experience and ancillary revenue
• Support annual budgeting and manage data for non-controllable expenses and revenue streams
• Track and report on capital expenditures and renovation/value-add capital programs, to ensure budget compliance, support benchmarking, and ensure underwritten targets are met
• Coordinate with lenders, regulatory agencies, and internal teams on compliance, title, and property matters; monitor inspections, repairs, and reporting
• Support acquisitions, dispositions, and refinancings, including prorations, closings, and post-closing requirements
• Prepare and present quarterly Asset Management Reviews and other financial/operational analyses, at asset-level and fund-level, for senior leadership
• Other duties and responsibilities as determined necessary

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.  The requirements listed below are representative of the knowledge, skill and/or ability required.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Preferred Education and Experience

• Bachelor's Degree in a related field is required
• 3-5 years related experience is preferred
• Regular daily in-office attendance is expected
• Strong written and verbal communication skills, with the ability to engage with various stakeholders at all levels of the organization
• Solid financial and analytical skills, with the ability to evaluate scenarios and support recommendations
• Strong organizational skills and attention to detail, with the ability to manage multiple priorities
• Strong analytical skills and a deep knowledge of and proficiency in Microsoft Excel
• Demonstrated commitment to valuing diversity and contributing to an inclusive work environment

Other

• Occasional travel as required (estimated

Note: This job description is not intended to be an exhaustive list of all duties, responsibilities, or qualifications associated with the position.

Perks/Benefits:

At GR we recognize that exceptional people need exceptional rewards. Beyond our competitive total compensation packages, your schedule at GR will provide you with a quality of life that is difficult to achieve within hospitality or hotel roles. Additionally, our benefits package reflects our respect for workplace contributions, professional goals and personal priorities.

Griffis Residential offers the following benefits to full time Associates:

• 11 paid holidays per year including floating holidays
• Up to 16 hours of volunteer time off
• Minimum of 120 hours (3 weeks) of paid time off (PTO) accrual starting immediately for new hires
• Medical insurance program options
• Dental insurance
• Vision insurance
• Flexible Spending Accounts and Health Savings Accounts
• Company paid Basic Life/AD&D insurance for Associate  (1x your annual base earnings up to a maximum of $350,000)
• Voluntary Life/AD&D insurance for Associate, spouse, and children
• Company paid short and long term disability program
• Group accident insurance, critical illness insurance, hospital care plan
• Employee Assistance Program (EAP)
• Paid New Parent Leave (up to 6 weeks of 100% wage replacement for primary caregivers and 2 weeks 100% wage replacement for secondary caregiver)
• Generous tuition reimbursement up to $5,250 per year
• Associate Referral Award Program of $1,000
• PTO Donation Program
• PTO Exchange for Student Loan Repayment Program
• Wellness Program including reimbursement for fitness and mindfulness memberships/subscriptions
• Associate discount program for travel, hotels, cell phones, pet insurance, and everyday items
• Associate Recognition Programs
• Griffis Residential 401K Retirement Savings Plan with company match
• Onsite Associate Bonus Program
• Corporate Associate Bonus Program
• Rental Discount of 20%-50%

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