Asset Management Associate

Hawthorne Residential Partners • Greensboro, NC

6d

About The Position

The Asset Management Associate supports Hawthorne’s Asset Management team through financial analysis, reporting, and process coordination for Hawthorne’s owned multifamily portfolio. This role is focused on supporting lender inspections, tracking renovation and capital improvement activity, assisting with budget and forecast analysis, and monitoring key financial and operational performance metrics.

Requirements

• Strong attention to detail with a high degree of accuracy and process discipline.
• Ability to manage multiple reporting, tracking, and administrative workflows simultaneously while meeting deadlines.
• Comfortable analyzing large data sets, financial models, and operational metrics and summarizing key observations.
• Ability to follow established processes while identifying inefficiencies or opportunities for incremental improvement.
• Clear written and verbal communication skills, including the ability to appropriately escalate issues and questions.
• Strong organizational skills with the ability to prioritize tasks in a fast-paced environment.
• Bachelor’s degree in Real Estate, Finance, Business, or a related field.
• Up to 2 years of experience in financial analysis, asset management, real estate, consulting, or a related analytical role; relevant internships and academic experience will be considered.
• Strong quantitative, analytical, and organizational skills with the ability to interpret financial and operational data.
• Advanced proficiency in Microsoft Excel required; experience with financial modeling and Excel-based reporting tools preferred.
• Exposure to budgeting, forecasting, variance analysis, or capital expenditure tracking through academic or professional experience.
• Experience working with large data sets and summarizing insights through reports or dashboards.
• Must possess a valid driver’s license and have access to reliable transportation to perform job-related duties.

Nice To Haves

• Familiarity with multifamily performance metrics such as NOI, occupancy, rent growth, operating expenses, and capital expenditures is a plus.
• Exposure to renovation, value-add, or capital improvement programs is preferred but not required.

Responsibilities

• Support the Asset Management team with analysis of asset-level business plans, budgets, forecasts, lease activity, and renewals.
• Prepare, maintain, and distribute recurring financial and operational reports to support asset and portfolio performance monitoring.
• Assist with monthly, quarterly, and annual financial analysis, including variance analysis and trend identification.
• Track renovation programs and capital improvement spending, ensuring accuracy, completeness, alignment with approved budgets, and visibility into return on investment.
• Coordinate lender inspection processes, including documentation, scheduling, data collection, and submission in accordance with lender requirements.
• Compile and analyze key operational and financial metrics (occupancy, rent growth, expenses, NOI, etc.) and flag variances, risks, or trends for review.
• Support pre-acquisition and post-acquisition activities by assisting with due diligence materials, underwriting support, and performance tracking.
• Develop, maintain, and enhance Excel-based financial models, dashboards, and reporting tools.
• Generate ad hoc analysis and reports as requested by the Asset Management team.
• Ensure data integrity, version control, and consistency across departmental reporting, models, and tracking tools.
• Periodically visit properties to support lender inspections, renovation verification, or operational reviews, as directed.

Benefits

• Enjoy Your Time Off: Start with 22 days of vacation, sick, and personal time
• Make an Impact: Enjoy 16 hours of paid volunteer time annually.
• Recharge & Celebrate:
• 10 paid holidays + 1 floating holiday of your choice
• 8 hours off to celebrate your birthday
• Future Planning: Company 401(k) match to support your financial goals.
• Financial Wellness Reimbursement: Resources to support your long-term financial health.
• Referral Bonuses: Earn rewards for bringing great talent to the team.
• Exclusive Discounts: Access to savings at over 1 million retailers and Hawthorne guest suite discounts.
• Comprehensive Onboarding: Feel supported and prepared from day one.
• Ongoing Learning: Tailored training programs to help you grow your skills and career.
• Education Reimbursement: We invest in your continued learning.
• Medical & Vision: Comprehensive plans designed for peace of mind.
• Dental Insurance & Life Insurance: 100% company-paid coverage.
• Paid Family Leave: Maternity, paternity, and adoption leave so you can focus on what matters most.
• 24/7/365 Telehealth Access: Connect with doctors anytime, anywhere.
• Wellness Incentives: Earn rewards for taking care of your health.
• Long-Term Disability Plan: Added protection for life’s unexpected moments.
• Leave Bank: Additional paid time off during medical emergencies or natural disasters.
• Fitness Reimbursement: Cash toward your gym or fitness membership.
• Mental Wellness Tools: Free premium health and wellness subscriptions (a $450 value).
• New Parent Perk: One year of free diapers for growing families.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level