VP, Property Budgeting

Asset Living•Houston, TX

1d•Hybrid

About The Position

The Vice President of Property Budgeting leads the design, execution, and continuous improvement of Asset Living’s property budgeting framework across all portfolios. This leader ensures that annual and mid-year budgets are accurate, timely, data-driven, and aligned with company financial goals and client expectations. The VP serves as a strategic partner to Operations, Accounting, Finance, and Shared Services leadership—driving standardization, transparency, and efficiency through process innovation, system optimization, and team development.

Requirements

Bachelor’s degree in Finance, Accounting, Business Administration, or a related field (Master’s degree preferred).
7+ years of progressive experience in budgeting, FP&A, or financial systems management within the multifamily or real estate industry.
Proven success in leading cross-functional budgeting initiatives involving large, distributed portfolios.
Expertise in financial modeling, variance analysis, and scenario planning.
Strong knowledge of RealPage, Yardi, Entrata, and related budgeting systems; experience with BI tools such as DOMO or HelloData preferred.
Exceptional communication, facilitation, and executive presentation skills.
Demonstrated ability to manage competing priorities, drive accountability, and deliver results under tight deadlines.

Responsibilities

Strategic Leadership & Process Governance
Own the end-to-end property budgeting process—from assumptions through ownership approval—ensuring alignment with company financial planning standards and client requirements.
Partner with Division Presidents and Shared Service leadership to establish annual budget strategies, timelines, and key performance targets.
Define and enforce governance standards for budget creation, distribution, approvals, and change management.
Lead annual post-mortem reviews to identify opportunities for refinement in assumptions, tools, and workflows.
Systems, Data, & Tools Administration
Oversee the design, development, and maintenance of all budget templates (Excel, RealPage, Vizibly, Yardi, Entrata, etc.) ensuring consistency and usability across property types and divisions.
Partner with Systems, Data & Analytics, and Accounting to improve integrations between budgeting platforms, BI environments (DOMO/HelloData), and accounting systems.
Evaluate and implement new technology solutions to automate reporting, streamline updates, and enhance real-time visibility into property performance.
Financial Planning & Analysis
Provide executive-level analysis and insights into budget trends, revenue forecasting, and expense benchmarking.
Maintain and refine standardized assumption schedules, rate libraries, and benchmark models to drive accuracy and consistency across all portfolios.
Develop and distribute management reports summarizing portfolio performance, variance trends, and key financial insights for leadership and ownership groups.
Partner with Finance and Accounting to ensure budget alignment with financial statements and audit requirements.
Client Communication & Governance
Oversee delivery of client-ready budget packages, assumption summaries, and presentation materials.
Ensure transparent communication with ownership regarding methodology, key drivers, and year-over-year changes.
Support regional and executive leadership in budget reviews and client presentations, providing data-backed explanations and recommendations.
Billback & Accounting Alignment
Lead monthly creation and validation of billback files, ensuring accuracy and timeliness.
Partner with Accounting to reconcile budgeted vs. actual allocations for shared services, management fees, and operating programs.
Support audit processes related to property budgets, fee schedules, and ownership reporting.
Team Leadership & Development
Lead, mentor, and develop a high-performing team of Budget Analysts, Coordinators, and System Administrators.
Foster a culture of continuous improvement, innovation, and collaboration across cross-functional partners.
Partner with Learning & Performance to deliver training and certification programs for property and regional teams participating in the budgeting process.