25 Sep
|
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 current 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 benefits - 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