What are the responsibilities and job description for the Asset Management Analyst position at Career Resource Services?
The Asset Management Analyst plays a key role in monitoring, analyzing, and optimizing the performance of the company’s portfolio. Leveraging a strong accounting background, this position ensures accurate financial reporting, supports budgeting and forecasting, and provides analytical insights to guide strategic decisions on asset performance and capital deployment.
Key Responsibilities:
Financial Analysis & Reporting
- Prepare monthly, quarterly, and annual asset performance reports for internal stakeholders and investors.
- Conduct variance analysis comparing actual results to budgets and forecasts.
- Track key performance indicators (KPIs) such as occupancy rates, rental revenue, NOI, and capex efficiency.
- Maintain and reconcile property-level financial statements in collaboration with the accounting team.
Asset Management Support
- Assist in developing and monitoring property-level business plans and budgets.
- Support underwriting and due diligence efforts for acquisitions and dispositions.
- Perform market research and benchmarking for revenue, expenses, and competitive performance.
- Evaluate capital improvement projects and ROI analyses.
Accounting Integration
- Serve as a liaison between accounting, operations, and asset management to ensure data integrity.
- Review and verify general ledger entries and ensure proper expense allocations.
- Assist in implementing accounting controls and financial tracking systems specific to self-storage operations.
Portfolio Performance Optimization
- Identify operational inefficiencies and recommend cost-saving or revenue-enhancing initiatives.
- Prepare sensitivity analyses, scenario modeling, and performance forecasts.
- Participate in regular portfolio reviews with leadership and investment partners.
Qualifications:
- Education: Bachelor’s degree in Accounting, Finance, Real Estate, or related field. CPA or progress toward CPA is a plus.
- Experience: 3–5 years of relevant experience in asset management, real estate accounting, or financial analysis.
Skills:
- Strong understanding of GAAP and real estate accounting principles.
- Advanced Excel and financial modeling proficiency.
- Experience with Yardi or similar asset management/accounting software is advantageous.
- Excellent analytical, organizational, and communication skills.
- Ability to work independently and collaborate across teams.
- Excellent verbal, written, organizational, time management and interpersonal skills
Salary : $70,000 - $75,000