01 Aug
|
Realstar
|
Toronto
Job Description
Manager, Asset Management
Opportunity
We are seeking a Manager, Asset Management to join our team. Reporting to the VP, Asset Management, this individual will be a key contributor to the performance of our multi‑residential portfolio — translating strategy into operational and financial results at the asset level. This is a hands‑on role suited to someone with a robust financial background who is eager to develop deep asset management expertise in the residential real estate sector.
What You'll Do
- Monitor and manage the financial performance of an assigned portfolio of multi‑residential assets, with a focus on maximizing net operating income (NOI) and overall asset value
- Prepare, review, and track annual operating and capital budgets; conduct period‑end variance analysis and produce management reporting
- Develop and maintain asset‑level business plans, including leasing, capital expenditure, and value‑creation strategies
- Partner with property management teams to support day‑to‑day operations and hold teams accountable to performance targets
- Conduct regular property‑level reviews, including site visits and operational assessments
- Support the preparation of investment committee materials, investor reporting, and ad‑hoc analysis as required
- Track market trends, rental rate benchmarks, and comparable transactions to inform asset strategy
- Leverage technology tools — including Yardi and AI‑enabled platforms — to improve reporting efficiency and analytical capabilities
- Liaise with third‑party clients to provide asset insights and reporting
What You Bring
- 5+ years of experience in a financial capacity, does not need to be specifically in Asset Management
- University degree in Finance, Business, Real Estate, Commerce, or a related discipline
- Real estate experience in multi‑residential and/or commercial sectors preferred
- Strong financial modelling and analytical skills; advanced proficiency in Excel required
- Avid learner comfortable with exploring new technologies; familiarity with Yardi, SQL, BI tools, and AI productivity tools an asset
- Clear and confident communicator, with the ability to present findings to senior leadership
- Highly organized, detail‑oriented, and comfortable managing multiple priorities under deadline
- Collaborative mindset with a proactive, ownership‑oriented approach to work
What we offer to employees
- Base compensation is $110,000-145,000
- Annual bonuses based on personal performance
- Extensive and ongoing training programs and a work‑smart environment
- Awards for years of service
- Opportunity for career development
- Inclusive and diverse work environment
- Annual holiday parties
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📌 Manager, Asset Management (Toronto)
🏢 Realstar
📍 Toronto