Asset Manager

About the role

At Property Reserve, our people, values, and work come together to build something greater. Property Reserve is the real estate investment arm of the reserve funds for The Church of Jesus Christ of Latter-day Saints. In the spirit of time-tested self-reliance principles, Property Reserve creates sustainable cashflow for future needs. As caretakers of sacred funds, we invest in income-generating properties and land to support the Church’s mission.

Job Function

The Asset Manager is responsible for the overall performance of a portfolio of residential assets with the purpose of creating asset value through execution of an investment strategy on a short, intermediate and long-term basis.

PRIMARY DUTIES & RESPONSIBILITIES

• Develop annual asset business plans and operating/capital budgets to achieve investment strategies
• Justify economically and qualitatively the appropriateness of maintenance/capital expenditures
• Recommend higher utilization of assets and methods to increase overall return, including possible sales
• Prepare accurate financial valuations and market/accounting analyses to support business plans and budgets
• Ensure accurate monthly financial reporting and other accounting information on managed assets including payments made/received, and analyze variances with annual budgets
• Select, direct, and evaluate property managers, leasing agents and other third-party service providers to achieve goals established in the investment strategy
• Maintain a reliable asset-level information system as it relates to the central filing system, various contracts, management reports, analyses and other documents or materials pertaining to the asset
• Prepare financial analyses and property valuations, including cash flow modeling, and prepare effective presentations for the executive team and potential clients
• Prior to any acquisitions of new or related party transfers, determine the effort and structure of property management necessary in coordination with related parties or others involved in the transaction
• Support in monitoring NOI performance, capital projects and various other responsibilities
• Quickly resolve day-to-day management problems

POSITION REQUIREMENTS & QUALIFICATIONS

• Member of the Church of Jesus Christ of Latter-day Saints and currently temple worthy
• Bachelor’s degree in economics, accounting, finance, or related field; MRED/MBA strongly preferred
• 5+ years experience as an Asset Manager of residential properties strongly preferred
• Fundamental understanding of real estate finance, economics, market analysis accounting principles
• Ability to select and manage the activities of internal resources and third-party service providers
• Ability to make effective decisions in response to changes in real estate markets
• Strong analytical skills and grasp of time-value-of-money concepts
• Sound understanding of relevant real estate accounting and legal documentation
• Excellent verbal and written communication skills, including negotiation and facilitation of group presentations
• Strong work ethic, an entrepreneurial spirit; passion for excellence and desire to learn.
• Able to prioritize assignments to meet numerous deadlines
• Strong knowledge of principles and processes for providing customer and personal services, including assessment of customer needs, meeting quality standards for services, and evaluation of customer satisfaction
• Innovative and problem-solving skills that include the ability to develop and propose solutions for clients
• Some travel required

About Us

Church employees find joy and satisfaction in using their unique talents and abilities to further the Lord’s work. From the IT professional who develops an app that sends the gospel message worldwide, to the facilities manager who maintains our buildings—giving Church members places to worship, teach, learn, and receive sacred ordinances—our employees seek innovative ways to share the gospel of Jesus Christ with the world. They are literally working in His kingdom.

Job Identification

375610

Job Category

FC - Facilities, Construction & Real Estate

Posting Date

06/17/2026, 01:28 PM

Locations

51 S Main St, Salt Lake City, UT, 84111, US (No Local)

Job Schedule

Full time

Regular or Temporary

Regular

Worker Type

Employee

Number of Openings

1