Asset Management Associate

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Job Summary

Join our fast-growing team to improve lives through real estate. The Asset Management Associate provides performance reporting and analysis across a regional portfolio of multi-family properties. They execute due diligence matters swiftly and accurately while developing and implementing business plans to advance the goal of $1B in Assets Under Management by 2030.

Birgo's Values

• T eamwork: We leverage one another's strengths to achieve more together.
• H umility: We admit our faults and strive to continuously improve.
• R hinocerality: We charge hard after our highest priorities.
• I ntegrity: We do the right thing, even when it is costly.
• V ision: We innovate and adapt to improve lives.
• E xcellence: We are dependable and accountable to produce quality results.

Core Responsibilities

• Maintain property performance dashboards
• Build new and expand existing complex cash flow and budget models
• Provide meaningful variance analysis and develop metrics that drive performance
• Develop, update, and reforecast annual budgets in collaboration with Property Management team
• Smoothly transition properties from Acquisitions to Property Management by creating an initial budget, setting clear financial goals, and outlining a well-structured business plan
• Work closely with Property Management team to understand property needs, teach financial concepts, and gain buy-in for initiatives
• Research market rents across the portfolio, analyze comparisons, identify areas of improvement, and optimize lease renewals
• Manage lender and insurance relationships for due diligence requests
• Engage with lenders to retrieve debt reserves and create a system for continuous escrow management
• Assist Investor Relations team with investor reporting
• Other duties as assigned to help Birgo improve lives through real estate

Objectives

• Complete highest priority 90-day projects that drive the mission
• Resolve all asset management inbox items quickly and accurately
• Update and maintain all financial reporting, analysis, and models
• Demonstrate ongoing professional development

Successful Candidate Profile

Knowledge:

• Strong knowledge of real estate, private equity, fund management, and asset management concepts and principles
• Bachelor's degree in finance or related field
• Advanced degree preferred (MBA, MS)
• Consideration given to candidates with demonstrated coursework in real estate financial modeling, underwriting, or quantitative analysis

Experience:

• 3+ years of real estate asset/portfolio management experience ( multifamily preferred )
• 3+ years of building and maintaining advanced Excel financial models

Skills:

• Strong financial modeling skills
• Power user of Microsoft Excel (including ability to write macros and build visualization dashboards) and Google Workspace
• Excellent critical thinking and problem solving skills
• Excellent verbal and written communication skills
• Strong prioritization, planning, and execution skills
• AppFolio and Argus experience ( preferred )

Work Style:

• Quantitative orientation
• Works effectively under pressure
• Strong attention to detail with the ability to make sound judgment calls
• Capacity to work independently and collaboratively
• Sense of urgency to achieve goals for varying projects simultaneously
• Team player who can work autonomously with general supervision

Other Requirements:

• Able to use a computer for a full workday
• Able to commute to the office in Pittsburgh, PA ~3 days/week (Cincinnati, OH and Buffalo, NY also considered)
• Occasional travel to markets as needed

Benefits

• Medical, Vision, and Dental health insurance with company contribution
• 401(k) retirement plan with employer match
• Profit-sharing program
• Professional development reimbursement program
• Flexible Paid Time Off and Paid Holidays
• Healthy Lifestyle Reimbursement program
• Team outings and volunteer events
• Discounted rates at Birgo Properties

More about Birgo

We take care of our hardworking, competent team by providing opportunities for professional growth, paying attention to holistic staff needs, and celebrating life together. Birgo values diversity in our staff and seeks to enhance the diversity of our team at every opportunity.

Salary Range : A competitive base salary of $85,000 or more, commensurate with experience and education.

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