Job Description
Prosperity Capital Partners is looking to add an additional Asset Manager to our team! Prosperity Capital Partners is a private equity firm located in Largo, FL. In business for over 20 years, we believe in looking forward and creating a better future for our company, its investors, and the thousands of tenants and community members we impact.
The ideal candidate for this position must be able to oversee the analysis and financial management of a portfolio of multifamily properties. They must possess strong leadership, project management, communication and team skills in dealing with internal team members, investors, our third-party on-site managers, regionals, corporate staff, other team members, and vendors. This position is responsible for implementing our company business plans at each asset, adhering to company standards, managing and driving financial and operational property performance, reviewing and approving annual budgets aligned with underwriting, construction draws, managing capital improvements projects, lender and investor reporting and overall financial goals for each location. Thus an ideal individual is one who has the ability to see the overall financial picture and possesses the ability to pivot between macro management of projects and micromanagement, as needed for performance and achievement.
Our Asset Manager role requires someone who possesses strong communication and computer skills, is able to take strong initiative, is well organized, detail-oriented, and able to communicate clearly with individuals or groups. Prior experience in property management and property management operating systems is a bonus. This is an in-office position located in Largo, FL which is in the Greater Tampa Bay area and does require up to 25% travel to assets based on the needs of the properties.
We offer a competitive salary based on experience, benefits, and administrative and team support. If you’re ready to join a team here in the Tampa Bay area that can utilize your talents and help you establish a career with a fast-paced dynamic company, with room to grow, then we want to speak with you today!
Responsibilities:
• Manages company complexes according to investment preferences and goals
• Meets with the CEO to assess asset status, needs, risks, goals, and progress
• Prepares financial statements, business activity reports, monthly and quarterly investment summaries and forecasts
• Develops, organizes, and maintains assigned portfolios
• Studies sub-market trends to maximize profits and identify growth opportunities while identifying potential challenges
• Supervises employees who assist in financial reporting and budgeting
• Coordinates with third-party property managers, regionals, and other third-party vendors
• Fosters and maintains positive team relationships
• Assesses financials monthly
• Review financial reports to find opportunities to reduce costs and hit performance targets
• Compiles and presents asset management reports to clients, supervisors, and senior executives
• Contributes to team efforts by accomplishing related tasks as needed
Qualifications:
• Strong analytical skills
• Highly skilled in math and finance
• Excellent communication skills
• Results driven mindset
• Property Management experience and industry knowledge
• Strong time-management skills
• Detail-oriented and highly organized
• Skilled in negotiation and project management
• Excellent critical thinking skills
About Company:
We are a growing company in the multifamily space. Operating since 2003, we provide stability and continue to be in the top percentage of similar investment companies. We have $400 million in assets which will double in the next 36 months. Make an impact with your contribution and have the opportunity to advance in our firm! Health care benefits and 401k are available, join a team that is committed to improving the lives of our residents and the results of our investors! Our core values drive our daily decisions!
Core Values:
Deliver Value through achieving results Make a positive impact Excellence is our standard Committed to continuous growth (CANI)Loyalty & Accountability
