03 Aug
|
Realstar
|
Toronto
Manager, Asset Management The 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 strong 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
Employer paid advantages
Annual bonuses based on personal performance
Extensive and ongoing training programs and a work-smart environment
Gym membership discount
Awards for years of service
Opportunity for career development
Inclusive and diverse work environment
Annual holiday parties
This posting is for an existing vacant position within the organization.
#RS
📌 Manager, Asset Management (Toronto)
🏢 Realstar
📍 Toronto