Real Estate Asset Manager

StorQuest Self Storage•Santa Monica, CA

16h•Onsite

About The Position

The William Warren Group is a privately held, institutional real estate investment, development, acquisition and property management firm based in Santa Monica, CA. Since its inception in 1994, its focus has been on investments in major metropolitan markets across the United States that offer significant cash flow, revenue growth, and long-term capital appreciation opportunities. The company focuses on delivering exceptional customer service, introduces progressive thinking and technology to the market, and maximizes profitability for investors, all within a fun and inspiring team environment. When you join our family, you are tapping into the power of a different kind of brand. We seek motivated individuals who can contribute to our evolving culture. If you want to be a part of a creative, inspiring, and collaborative environment, you are in the right place. Ready to create the extraordinary? Come join us to take your career to new heights and make it an awesome work life! The Asset Manager is responsible for helping to develop and maintain asset-level financial models that forecast detailed profit and loss in order to optimize cash flow at the property level. This role closely interacts with our Accounting, Marketing and Operations Team to ensure successful implementation of our financial initiatives.

Requirements

Equivalent experience to a BA/BS in a related field
Experience in real estate asset management
Excellent communication skills (verbal and written) including active listening
Ability to develop and sustain cooperative working relationships – both internal and external
Exceptional organization skills with the ability to allocate one’s time effectively, work under pressure, and meet tight deadlines
Ability to handle multiple demands and competing priorities
Ability to prioritize workload
Ability to work at a detailed level
Proven skills in contributing to the development of company objectives and achieving desired goals
Strong accountability combined with strong work ethic and enthusiasm for teamwork
Energetic self-starter with an ability to thrive in a fast pace environment
A willingness to learn in a dynamic environment that includes new ideas and innovation
Intellectually curious
Adaptable and ambitious
Advanced Excel skills
MS Office Suite proficiency
High-level of comfort learning new accounting systems and computer applications
Proficiency with Zoom, Gmail, Microsoft Teams

Nice To Haves

BA/BS in related field
2-5 years of real estate asset management experience

Responsibilities

Assists in the preparation and approval process of property operating budgets.
Assists in monthly, quarterly and annual reporting of the portfolio to WWG partners, JV partners and 3rd-party owners.
Assists with monthly review of operating statements including financial analysis to determine present and future financial performance, returns and cash impacts.
Helps maximize total return for each assigned asset through preparation of reports, analysis of property efficiencies and identifying opportunities for improved performance.
Aids in financial analysis, market studies and industry standard reporting (i.e., variance reporting, discounted cash flows, IRR’s, etc).
Special projects relating to increasing revenues and reducing expenses across the portfolio.
Assists in the due diligence and underwriting of potential acquisitions.
Helps ensure articulation and consistency of company image and position within all internal and external communications.
Serves as point of contact with capital partners and owners regarding performance of assets.
Coordinates with CapEx team regarding project budgets and return on investment analyses.
Coordinates with the Real Estate team regarding projecting operating expenses for new acquisitions and developments.
Coordinates with BizDev team regarding projecting operating expenses for management proformas.
Works closely with Marketing, Data Intelligence team and Operations on a weekly basis to analyze performance, diagnose issues, and identify solutions for underperforming assets.
Perform a variety of duties from time to time, which may not fall strictly in your job description.

Benefits

Competitive compensation
Performance-based bonus program
Medical insurance
Dental insurance
Vision insurance
401(k) with company matching
Paid time off (PTO)
Holiday perks
Employee assistance program (EAP)
Pet insurance
Teambuilding events and activities
Opportunity to make a difference and have a positive impact
Opportunity to take the lead on team initiatives, learn new skills, build management capabilities, and take advantage of growth opportunities
Opportunity to contribute creatively to the organization’s success by generating new and useful ideas