Asset Management Associate


Financial Services


North Miami Beach, Florida

Employment Type



Our client, a growing Real Estate and Asset Management Fund is looking to bring on an Associate due to growth.  The Fund has offices in both NYC and MIA. 

Job Description:

Compensation : $100000 - $120000
Job ID : 17590

Job Function:

  • Coordinate the development, review, and approval of annual operating budgets and reforecasts, as needed, with third parties and internal partners
  • Prepare historic and ongoing analyses of assets’ financial performance in comparison with peers and industry benchmarks
  • Monitor asset-level cash flows on an ongoing basis and analyze performance relative to budgeted targets
  • Assist fund accounting team in preparing fund-level sources and uses materials for discussion with upper management
  • Work closely with property controllers to ensure consistency and accuracy in property-level financial reporting
  • Assist acquisitions team in due diligence related to property acquisitions and dispositions
  • Track and monitor loan covenants
  • Work with existing lenders to obtain approvals for any new leases or modifications, and coordinate release of escrows
  • Provide lenders with all financial reporting requirements and compliance certificates (if applicable) as needed per loan documents
  • Assist other divisions such as Acquisitions, Development, Investor Relations, Capital Markets,
  • Finance with ad-hoc requests as needed
  • Establish and maintain systems and controls that verify the integrity of all systems, processes and data, and enhance the company's value
  • Identify technology needs and assist with implementation
  • Assist with special projects and internal ad-hoc requests as required

Job Requirements:

Job requirements:

  • Bachelor’s Degree from an accredited four-year college or equivalent in general business, real estate, finance, accounting, economics or related field
  • 2-5 years of work experience in commercial real estate
  • Working knowledge of real estate valuation and financial modeling
  • Ability to read and interpret basic property financial statements including income statements, balance sheets, and general ledgers
  • Ability to understand and interpret legal documents such as commercial leases, purchase and sale agreements and loan documents



Disclosure: The hourly rates and/or salaries listed may or may not reflect total compensation packages including bonus and fringe benefits, etc., nor are the advertisement(s) posted a guarantee of a certain compensation package for a position or bona fide offer of employment. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.