Asset Management Analyst - Multifamily Real Estate

Key Responsibilities

• Prepare monthly and quarterly variance-to-budget analyses, decomposing variances into operational drivers (occupancy, lease trade-outs, renewals, controllable expenses), market conditions (rent trends, concessions, supply), and comparable property performance
• Maintain and enhance market comp sets; track submarket rent, occupancy, and concession data to contextualize asset performance
• Partner with Property Management to identify performance gaps, validate budget assumptions, and track corrective action plans
• Build and maintain Excel models and reporting tools for budget-vs-actual tracking, trend analysis, and portfolio rollups
• Extract and analyze property management system data (Yardi or similar) to support recurring reporting and ad hoc analysis
• Analyze Underwriting
• Support investment reporting materials, including memos, return analysis, and scenario modeling
• Aid in due diligence processes, including review of third-party reports and financial data
• AI & Process Optimization
• Leverage AI tools (e.g., Claude, ChatGPT, Excel integrations) to streamline analysis, underwriting, reporting, and workflows
• Help develop and refine internal processes to improve efficiency and scalability
• Identify opportunities to automate recurring analyses and enhance data quality

Requirements

• Bachelor's degree in Finance, Economics, Accounting, Business, or a related field.
• 1-4 years of experience in multifamily or commercial real estate — asset management, property accounting, acquisitions, FP&A, or valuation/appraisal backgrounds all considered
• Strong financial modeling skills in Excel, including the ability to build and audit models
• Familiarity with multifamily operating statements and key metrics, including NOI, economic occupancy, trade-outs, and expense ratios

Preferred Requirements

• Exposure to AI tools for investment workflows
• Experience with Yardi, RealPage, Entrata, or comparable property management systems