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Asset Management Associate

McLean, VA 22102

Posted: 07/12/2024 Telecommute: Onsite Specialty: Accounting / Finance Job Number: 12281 Employment Type: Direct Hire

Job Description

Our client is a seasoned institutional fund manager and operational partner based in the United States. Their expertise lies in revitalizing and developing various real estate assets including data centers, residential, industrial, and office spaces. They have a direct hire opening for an Asset Management Associate to work closely with the Senior Vice President of Asset Management to oversee the financial, operational, and implementation aspects of value-add transactions within the company’s portfolio.

 

The position is onsite in McLean, VA, and offers a competitive benefits package including medical, dental, and vision coverage, Flexible Spending Account (FSA), life insurance, short and long-term disability insurance, Paid Time Off (PTO), and 401k plan with employer match. Our client is unable to provide sponsorship.

Responsibilities

  • Conduct complex financial analysis modeling for portfolio assets.
  • Develop and maintain Argus and Excel valuation analysis models on a quarterly basis.
  • Coordinate the annual budgeting process, mid-year reforecasts, and quarterly cash flows in collaboration with accounting, construction, and property management teams.
  • Perform ad hoc property-level analysis for leasing, investment strategy, debt tracking, recapitalizations, refinancings, and dispositions.
  • Monitor and analyze return performance against underwriting for informed investment decisions.
  • Engage in regular discussions with property management and leasing teams regarding operations and market trends.
  • Assist in weekly communication updates with operating partners on asset performance and approval requests.
  • Manage financial planning, analysis, reporting, and fund administration.
  • Participate in due diligence processes during asset disposition or refinancing.

Qualifications

  • Experience with Argus and financial modeling required, Yardi experience preferred.
  • Bachelor's degree required; preferred disciplines include math, real estate, business finance, or economics.
  • Minimum 5 years of experience in commercial real estate, with at least 2 years as an analyst.
  • Proficiency in Microsoft Office suite, particularly Excel;
  • Demonstrated experience in office/multifamily financial modeling.
  • Strong written and verbal communication skills for internal and external interactions.
  • Excellent time management, attention to detail, and commitment to follow-through.
  • Ability to thrive in a fast-paced, entrepreneurial environment

Job Requirements

Check out our Referral Program!
The Squires Group will pay you for every qualified professional that you refer and we place. If you see a position posted by The Squires Group and know the perfect person for the job, please send us your referral. For more information, go to https://bit.ly/squiresreferral.

 

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JP Ugarte
Resource Manager

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About McLean, VA

Ready to take your career to the next level in Mclean, Virginia? Explore our job opportunities in this vibrant area surrounded by innovation and growth. As a hub for tech companies and Fortune 500 corporations, Mclean offers a unique blend of professional opportunities and a charming community atmosphere. With world-class dining options, stunning art galleries like Colvin Run Mill, and access to outdoor activities at Great Falls Park, Mclean provides an ideal backdrop for both work and play. Join us in discovering the career potential and the enchanting culture that Mclean has to offer - your next adventure awaits!

The Squires Group, Inc. is an Equal Opportunity Employer M/F/Vets/Disabled.