At a Glance
- Tasks: Manage financial performance of multi-residential assets and develop strategic business plans.
- Company: Dynamic real estate firm focused on innovative asset management.
- Benefits: Competitive salary, employer-paid benefits, annual bonuses, and gym membership discounts.
- Other info: Inclusive work environment with extensive training and career development opportunities.
- Why this job: Join a collaborative team and make a real impact in the residential real estate sector.
- Qualifications: 5+ years in finance, strong analytical skills, and a passion for learning new technologies.
The predicted salary is between 110000 - 145000 $ per year.
We are seeking a Manager, Asset Management to join our team. Reporting to the VP, Asset Management, this individual will be a key contributor to the performance of our multi-residential portfolio - translating strategy into operational and financial results at the asset level. This is a hands-on role suited to someone with a strong financial background who is eager to develop deep asset management expertise in the residential real estate sector.
What You'll Do
- Monitor and manage the financial performance of an assigned portfolio of multi-residential assets, with a focus on maximizing net operating income (NOI) and overall asset value.
- Prepare, review, and track annual operating and capital budgets; conduct period-end variance analysis and produce management reporting.
- Develop and maintain asset-level business plans, including leasing, capital expenditure, and value-creation strategies.
- Partner with property management teams to support day-to-day operations and hold teams accountable to performance targets.
- Conduct regular property-level reviews, including site visits and operational assessments.
- Support the preparation of investment committee materials, investor reporting, and ad hoc analysis as required.
- Track market trends, rental rate benchmarks, and comparable transactions to inform asset strategy.
- Leverage technology tools - including Yardi and AI-enabled platforms - to improve reporting efficiency and analytical capabilities.
- Liaise with third-party clients to provide asset insights and reporting.
What You Bring
- 5+ years of experience in a financial capacity, does not need to be specifically in Asset Management.
- University degree in Finance, Business, Real Estate, Commerce, or a related discipline.
- Real estate experience in multi-residential and/or commercial sectors preferred.
- Strong financial modelling and analytical skills; advanced proficiency in Excel required.
- Avid learner comfortable with exploring new technologies; familiarity with Yardi, SQL, BI tools, and AI productivity tools an asset.
- Clear and confident communicator, with the ability to present findings to senior leadership.
- Highly organized, detail-oriented, and comfortable managing multiple priorities under deadline.
- Collaborative mindset with a proactive, ownership-oriented approach to work.
What we offer to employees
- Base compensation is $110,000-145,000.
- Employer paid benefits.
- Annual bonuses based on personal performance.
- Extensive and ongoing training programs and a work-smart environment.
- Gym membership discount.
- Awards for years of service.
- Opportunity for career development.
- Inclusive and diverse work environment.
- Annual holiday parties.
This posting is for an existing vacant position within the organization.
Manager, Asset Management in Toronto employer: Realstar
Join a dynamic team as a Manager, Asset Management, where you will play a pivotal role in enhancing the performance of our multi-residential portfolio. We pride ourselves on fostering a collaborative and inclusive work culture that prioritizes employee growth through extensive training programs and career development opportunities. Located in a vibrant area, we offer competitive compensation, employer-paid benefits, and a supportive environment that encourages innovation and excellence.
