Business Manager/Asset Manager
$120-150k
Summary:
The Business Manager will play a significant role by overseeing all financial aspects of property transactions, ensuring that the financial objectives are met, and providing financial advice and guidance to owners/partners in a small office setting. This requires a very organized business professional who can juggle many balls and work with numerous people and personalities in a professional manner.
Duties and responsibilities include:
- Prepare financial projections to help evaluate potential investments and divestitures.
- Review and monitor residential and commercial leases on properties.
- Negotiate contracts/leases.
- Prepare and manage budgets, forecasts, and variance analysis of properties.
- Execute due diligence on potential acquisitions and dispositions.
- Monitor and analyze the financial performance of properties and investments.
- Ensure compliance with all financial regulations and laws in the real estate industry.
- Communicate financial information to owners/partners, property managers, investors and lenders.
- Develop and implement financial strategies to improve the profitability of properties.
- Maintain relationships with financial institutions, lenders, investors, government officials, developers, attorneys, engineers, consultants, agents, etc.
- Review financial reports, such as income statements, balance sheets, and reports for government regulatory agencies.
- Review, maintain, and report additions and deletions to property, liability, auto, workman’s comp and umbrella insurances.
Education and Experience:
Business degree in Business, Finance, Economics. MBA preferred. Legal background may suffice, depending on experience.
8+ yrs of solid oversight of a fast-moving, multi-dimensional business with proven track record of success; verifiable references.
Strong computer skills including excellent spreadsheet skills and research abilities.
Knowledge of Real Estate industry helpful.
Experience with reviewing contracts and negotiating.
Stable work history.