Asset Management Associate - Property Management
Austin, TX, Texas
SALARIED_FT |

Key Responsibilities

 

Asset Strategy & Financial Performance

  • Support development and execution of annual and long-term asset business plans, incorporating budgets, underwriting, leasing strategies, capital plans and investment objectives.
  • Monitor financial, operational and leasing performance against business plans and underwriting; identify trends, risks and opportunities and develop recommendations for senior leadership.
  • Analyze property financial statements, cash flows, operating budgets and key performance indicators, investigating material variances and anticipated funding needs.
  • Develop and maintain asset-level financial models, cash-flow forecasts and portfolio reporting to support informed investment decisions.

 

Leasing & Capital Planning

  • Monitor leasing activity, expirations, rollover exposure and tenant retention opportunities; assist in evaluating significant lease proposals, letters of intent and lease documents.
  • Develop and maintain short- and long-term capital plans, incorporating building-system lifecycle requirements, deferred maintenance and asset investment objectives.
  • Evaluate proposed capital expenditures and value-enhancement initiatives, including financial impact, timing and alignment with asset strategies.
  • Monitor significant capital projects, budgets and forecasts in coordination with Property Management, Engineering and Construction.

 

Property Operations & Business Plan Execution

  • Collaborate with Property Management, Leasing, Construction and Accounting to advance approved asset strategies and key initiatives.
  • Evaluate significant operational issues, property expenditures and opportunities to improve NOI, occupancy, tenant retention and asset value.
  • Conduct periodic property visits to assess building condition, tenant experience and competitive positioning.

 

Transactions & Investment Support

  • Support acquisition underwriting, due diligence, refinancing, hold/sell evaluations and dispositions.
  • Assist with lender and investor reporting, transaction documentation and property onboarding following acquisitions or management transitions.

 

Portfolio Oversight & Risk Management

  • Track significant portfolio events, including lease expirations, capital expenditures, debt maturities and other key obligations.
  • Prepare financial analyses, presentations and supporting materials for ownership meetings and investment discussions.
  • Coordinate with internal teams and outside advisors on significant legal, insurance and asset-related risks.
  • Support improvements to asset management processes, reporting and analytical tools.

 

Qualifications

  • Bachelor's degree in Real Estate, Finance, Accounting, Economics, Business or a related field preferred; bachelor's degree required (though significant experience may substitute).
  • Approximately 3–5 years of relevant commercial real estate experience in asset management, property management, acquisitions, investment analysis, commercial finance or a related discipline.
  • Strong Excel skills and demonstrated financial analysis capabilities, including experience with financial statements, budgeting and property-level cash flows.
  • Commercial office experience preferred, including familiarity with lease structures, property operations and building systems.
  • Experience with Yardi or comparable commercial real estate software preferred.
  • Strong analytical thinking, attention to detail and ability to translate financial and operational information into actionable recommendations.
  • Excellent communication, organization and collaboration skills, with the ability to manage competing priorities and work effectively across teams.
  • Intellectual curiosity, accountability and a desire to develop broader commercial real estate investment and asset management expertise.