Asset Management Associate

Associate, Residential Asset Management

Multifamily Asset Management Associate | New York, NY |

A leading shared services property management company is seeking an experienced Associate, Residential Asset Management to join its team in New York. This organization oversees an a multifamily portfolio, delivering best-in-class management and administrative support to a select client roster.

This is an excellent opportunity for a real estate professional already working in asset management to step into a role with direct visibility into portfolio performance, strategic decision-making, and senior leadership.

Why You Should Apply

• Join a well-established, multi-state multifamily platform with a strong reputation for integrity and operational excellence.
• Play a direct role in shaping portfolio strategy through financial analysis, reporting, and capital planning.
• Partner closely with leadership, Property Management, and Accounting teams on high-impact initiatives.
• Take on oversight responsibility, helping guide the work of junior analysts as your career progresses.

About the Role

The Associate will serve as a trusted partner to leadership, Property Management, and Accounting, contributing meaningfully to decision-making and process improvement across the portfolio. This role helps oversee the work of two analysts, providing guidance and quality control rather than direct day-to-day management.

Key Responsibilities

Financial Planning & Reporting

• Support the preparation of detailed annual budgets, monthly/quarterly property and portfolio reporting, financial forecasts, capital plans, and variance analyses.
• Develop and maintain customized financial and operational reports supporting corporate initiatives, including revenue optimization, cost management, and utility consumption tracking.
• Review analyst reports for accuracy, ensuring reports clearly communicate key trends, risks, and opportunities.

Portfolio & Market Analysis

• Monitor leasing, pricing, occupancy, operating expenses, and capital expenditures across the portfolio.
• Research economic, demographic, and industry trends; benchmark against competitors; and deliver actionable insights that inform portfolio decisions.

Capital Projects & Asset Oversight

• Track capital projects and renovations, ensuring alignment with approved scope, timing, and return expectations.
• Deliver clear, concise asset reporting to the Asset Manager on key operating metrics, financial performance, and project milestones.

Team Support & Process Improvement

• Mentor and provide guidance to junior analysts.
• Support system enhancements, process improvements, and special projects as needed.

Qualifications

• Bachelor's degree from a four-year college or university required (Finance, Real Estate, Accounting, Economics, or a related field preferred).
• Must currently be working in an asset management function — this role is not suited for candidates coming from property management or operations.
• 3+ years of experience in real estate asset management; multifamily experience strongly preferred.
• Ideal candidates are either a senior analyst with 3+ years of asset management experience ready to step up, or a current Associate.
• Solid understanding of property-level financial statements, including P&L analysis, budgeting, and financial reporting.
• Advanced Excel proficiency, including building and maintaining budgets and financial models, with command of complex formulas and the ability to translate analysis into clear strategy.
• Experience with Yardi or similar property management/accounting systems preferred.
• Strong business acumen, analytical mindset, and ability to balance detail with big-picture thinking.
• Excellent communication skills, with the ability to influence, present, and partner effectively with stakeholders at every level.
• Ability to manage multiple priorities in a fast-paced environment while maintaining accuracy and attention to detail.
• High level of accountability for deliverables, paired with a collaborative, team-oriented approach.

The Ideal Candidate

You're already working in asset management and know your numbers inside and out — P&Ls, budgets, and financial reporting are second nature to you. You're ready to bring that expertise to a fast-paced, multi-state portfolio, hit the ground running with minimal ramp-up, and help guide junior analysts as you continue to grow in your career.

Apply today for immediate consideration or reach out to Ashley Kahriman to learn more!
215-661-8834 x 105
[email protected]