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Financial Analyst
Shaker Heights, OH
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Asset Manager Position Summary The Asset Manager is responsible for overseeing the performance and value creation of a portfolio of multifamily properties with commercial retail and office. This role drives financial results by executing asset-level strategies related to leasing, revenue management, operating efficiency, capital improvements, property appearance, and resident experience. The Asset Manager partners closely with property management, leasing teams, lenders, investors and ownership to ensure assets meet or exceed underwriting and return objectives throughout the investment lifecycle. Key Responsibilities Asset & Financial Performance
Manage the financial performance of a multifamily portfolio with retail and office space, including NOI, cash flow, and yield metrics.
Develop and oversee annual budgets, reforecasts, and long-term asset plans.
Analyze monthly operating reports, rent rolls, and variance analyses; identify trends and implement corrective actions.
Track performance against underwriting, market benchmarks, and business plans. Leasing & Revenue Management
Evaluate resident engagement programming, amenity utilization, and service enhancements designed to strengthen community appeal.
Ensure all communities consistently reflect ownership's standards for quality, presentation, and living. Operational Oversight
Provide strategic oversight to third-party or in-house property management teams.
Evaluate operating expenses and implement cost-control initiatives without compromising resident experience or asset quality.
Monitor on-site performance metrics including turnover, delinquency, bad debt, and maintenance efficiency.
Ensure compliance with regulatory, lender, and ownership requirements. Capital Planning & Execution
Develop and manage capital expenditure plans, including interior unit renovations, amenity upgrades, and deferred maintenance.
Oversee renovation programs and value-add initiatives to ensure scope, budget, and return targets are achieved.
Coordinate with construction managers, designers, and vendors as needed. Capital Markets & Ownership Reporting
Support financing activities including refinancings, covenant compliance, and lender reporting.
Prepare asset-level reports, valuations, and narratives for ownership and investors.
Contribute to acquisition, disposition, and hold/sell analyses, including due diligence, board of directors, and investment committee materials. Acquisitions & Strategic Initiatives
Assist in evaluating acquisition opportunities and portfolio expansion initiatives.
Participate in due diligence reviews, market analyses, and operational assessments.
Support integration and stabilization strategies for newly acquired assets.
Collaborate on portfolio-wide initiatives that enhance operational performance and resident experience. Education & Experience
Bachelor's degree in real estate, Finance, Business, or a related field (MBA or MSRE preferred).
3-7+ years of experience in multifamily asset management, property operations, or real estate investments.
Strong financial analysis and Excel modeling skills.
Working knowledge of multifamily leasing, operations, and renovation programs.
Experience with market rate and affordable housing, commercial retail and office.
Experience managing property management companies and third-party vendors.
Strong communication, organizational, and decision-making skills. Preferred Experience
Experience with value-add and/or stabilized multifamily portfolios.
Familiarity with revenue management systems, market surveys, and leasing analytics.
Exposure to institutional or private equity real estate ownership structures.
Experience operating within an entrepreneurial environment.
Experience with investor reporting and communications. Core Competencies
Asset-level strategic thinking
Financial and operational acumen
Revenue Optimization
Resident Experience Mindset
Operational Leadership
Communication and Presentation Skills
Data-driven decision making
Ability to manage multiple properties and priorities
Relationship Management
Collaborative, ownership-oriented mindset
Other:
Up to 25% travel
Onsite in our Shaker Heights, Ohio office with flexibility to work remotely a day a week RMS Investment Group has a deep commitment to diversity.
We are an equal opportunity employer. Company policy prohibits discrimination or harassment on the basis of race, color, religion, national origin, ancestry, sex, age, marital status, familial status, sexual orientation, disability, or veteran status. We support and promote equal employment opportunity, human dignity, and racial, ethnic, and cultural diversity by taking positive steps to eliminate barriers that may exist in hiring and in employment practices. This job description is not inclusive of all duties; other duties as assigned.
Pay:
$75,000.00 - $100,000.00 per year
Benefits:
401(k) 401(k) matching Dental insurance Employee assistance program Flexible schedule Flexible spending account Health insurance Health savings account Life insurance Paid time off Professional development assistance Referral program Retirement plan Tuition reimbursement Vision insurance