Real Estate Asset Supervisor

4 weeks ago


Old Toronto, Ontario, Canada Akelius Real Estate Management Full time
Asset Manager
Are you seeking a fulfilling role within a dynamic global real estate organization?

We are currently in search of an accomplished Asset Manager to enhance our property management division.

Job Overview
Akelius is on the lookout for a seasoned and assertive asset manager to join our dedicated team.

The Asset Manager holds a pivotal leadership role, responsible for overseeing all financial and operational dimensions of the property portfolio, which encompasses property management, leasing, construction, and maintenance activities.

The ideal candidate will be tasked with managing the net operating income for a portfolio valued at $500 million, comprising approximately 25 properties.

The Asset Manager will collaborate closely with the regional vice president and the property management team to execute the overarching strategic plan.
  • Leadership role, managing all facets of the branch including property management, leasing, construction, and maintenance
  • Accountable for the net operating income of the property portfolio
  • Supervise the budgeting process and ensure operational activities align with budgetary constraints
  • Identify and implement strategies for income generation and cost reduction
  • Analyze reports and formulate strategies to meet objectives
  • Guarantee exceptional service for our residents
  • Responsible for monthly reporting, including market valuations, cash flows, cost analysis, risk assessments, and operational efficiencies
  • Manage post-acquisition tasks, including the integration of assets into the company’s property management system
  • Oversee capital improvement initiatives and unit enhancement programs
  • Develop investment analyses and applications
  • Other responsibilities as assigned
Candidate Profile
  • Minimum of three years of experience in asset management within Ontario
  • Proficient knowledge of real estate finance
  • Strong capabilities in financial analysis and market research
  • Bachelor's degree in accounting, finance, real estate, or business
  • Ambitious, decisive, and diligent
  • Experience in managing a team of professionals
  • Proficient in Microsoft Office Suite, particularly Excel, and Yardi
  • Excellent communication skills
  • Strong expertise in AGI calculation and application
  • Prepared to make informed decisions and take accountability
Application Process
Please submit your resume for consideration.
About Akelius
Akelius specializes in acquiring, upgrading, and managing residential properties. We own rental apartments in major metropolitan areas, ensuring high standards of living for our residents.

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