Asset Manager Job at ConAm Management Corporation, San Diego, CA

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  • ConAm Management Corporation
  • San Diego, CA

Job Description

Join to apply for the Asset Manager role at CONAM Management Corporation.

About CONAM

Founded in 1975, CONAM Management operates in 10 states across 26 key metropolitan markets, supporting over 60,000 apartment units of both affordable and conventional housing. Our team of more than 1,700 associates is dedicated to maintaining and enhancing the quality of life for our residents. We foster a collaborative, team?oriented culture where associates thrive and are valued for their expertise and commitment.

Position Overview

Asset Manager (Onsite at our Corporate Office San Diego, CA)

Full?Time | Salary | Full Benefits.

Pay Range: $135,000 $160,000 per year, plus discretionary bonus. 25% travel to Florida.

Key Responsibilities


  • Maximize cash flow and property values by managing income, expenses, and long?term asset strategy within the framework of each investment objective.
  • Proactively oversee the repositioning of value?add projects; collaborate with the Property Services and Development groups to effectively track and manage capex and renovation projects.
  • Collaborate with Property Management to develop annual business plans, operating budgets, and recommended strategies for each property to maximize value and meet investment objectives.
  • Review and analyze each propertys monthly and quarterly financial and operational performance against budget and pro forma. Provide analysis of significant issues and recommendations to senior management.
  • Select and monitor the KPIs (key performance indicators) that define the investors return and key asset controls.
  • Develop a thorough understanding of industry trends as well as the economic, supply/demand, and demographic drivers for each market.
  • Conduct on?site visits; collaborate with property managers, Development, and Property Services; review competitive projects.
  • Review contracts including purchase and sale agreements, financing documents, third party vendor contracts, and partnership agreements.
  • Calculate and recommend quarterly and annual investor distributions for each asset.
  • Communicate regularly with Senior Leadership Team, Equity Partners and Ownership Group; and directly with Regional Vice Presidents, Regional Portfolio Managers, Area Managers, and Community Managers of CONAM owned assets.
  • All other duties as assigned to include driving as a core responsibility of the role.


Qualifications
  • Bachelors degree in Business or Finance required; MBA preferred.
  • At least 3 years of experience as an Asset/Investment Manager or relevant commercial real?estate industry experience.
  • Proficient in Microsoft Office (Outlook, Word, Excel, and PowerPoint).
  • Detail?oriented with strong analytical skills and experience with complicated transaction structures.
  • Able to effectively manage time, resources, and information to meet or exceed deadlines.
  • Strong understanding of specific markets and industry trends and how they relate to each project and its strategy.
  • Internally motivated and able to perform effectively with limited supervision and with various team members, investors, or external stakeholders, exhibiting a sense of drive and ownership.
  • Clear communicator, articulating the strategic and/or financial implications of various scenarios.
  • Ability to manage complex situations and ambiguity, adapting to changing circumstances quickly and effectively.
  • Must possess a valid drivers license and proof of automobile liability insurance coverage.


Benefits
  • Medical, dental, vision insurance
  • Pet insurance
  • Life insurance and identity theft protection
  • Paid sick and vacation time
  • 401(k) plan with company match
  • Flexible Spending Accounts (FSAs)
  • Employee Assistance Program (EAP)
  • Additional perks: Service award days, floating holiday, early earned wage access and more


Additional Information
  • This position is contingent upon passing a background check, employment verification, drug screening, valid drivers license and auto insurance.
  • CONAM will consider qualified applicants with criminal histories in a manner consistent with the requirement of the law.


We are an Equal Opportunity Employer and encourage all qualified candidates to apply.

If you're excited about joining a team that values your skills and offers great benefits, click APPLY .

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Job Tags

Full time, Work at office, Flexible hours,

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