Experienced Asset Manager Wanted

3 weeks ago

Old Toronto, Canada Akelius Real Estate Management Full time
Job Overview

Akelius Real Estate Management is seeking a seasoned and accomplished Asset Manager to join their property management team.

Salary and Benefits

The estimated annual salary for this position is approximately $120,000 to $180,000, depending on experience.

Job Description

The Asset Manager will oversee all financial and operational aspects of the portfolio, including property management, leasing, construction, and maintenance. Key responsibilities include:

  • Leadership role, overseeing all aspects of the branch, including property management, leasing, construction, and maintenance.
  • Responsible for the net operating income of a portfolio with a value of $500 million, comprising 25 properties.
  • Oversee the budgeting process and ensure operations are executed within budget parameters.
  • Identify and implement income-generating and cost-reducing strategies.
  • Analyze reports and develop strategies to achieve goals.
  • Ensure first-class service for residents.
  • In charge of monthly reporting, including market valuations, cash flows, cost analysis, risk factors, and operational efficiencies.
  • Post-acquisition activities, such as integrating assets onto the company's property management software.
  • Oversee capital improvement projects and unit upgrade programs.
  • Create investment analyses and applications.
Requirements

To be successful in this role, you should have:

  • Three plus years of experience in asset management in Ontario.
  • Knowledge of real estate finance.
  • Strong financial analysis and market research skills.
  • Bachelor's degree in accounting, finance, real estate, or business.
  • Ambitious, decisive, hardworking, and strong leadership skills.
  • Experience managing a team of employees.
  • Strong skills in Microsoft suite, Excel, Yardi, and AGI calculation and application.
  • Excellent communication skills.

We offer a dynamic work environment and opportunities for professional growth and development.

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