Asset Manager

Location

Victoria, BC

Overview

The Asset Manager (AM) will be responsible for ensuring that the assets under their management meets or exceeds the targets outlined in the asset plans. In completing the former, the AM will be responsible for client reporting, financial analysis, identification and implementation of value-add opportunities, communication to 3rd party property management companies, creation of annual operational and capital budgets, preparation and implementation of marketing strategies, and ongoing communication with stakeholders and service providers. The AM will assist in acquisitions / dispositions and financing activities, creation of asset plans, train and mentor analysts, and participate in other day-to-day activities as required by the various stakeholders.

Duties and Responsibilities

Asset Plan Execution

• Evaluate performance of the assets vis‑à‑vis the individual asset plans, and recommend and implement revisions as necessary
• Complete full financial review and analysis on a quarterly basis and as needed
• Set annual operational and capital budgets in accordance with asset plans
• Prepare leasing and marketing strategies to maximize the income profile and value of each property, supported by market‑based comparables and competitive information
• Review and provide approval of capital projects. Monitor progress of projects to ensure timely completion and quality control
• Provide direction to 3rd party property management companies regarding day‑to‑day management and operational activities
• Engage appropriate 3rd party providers for design‑related capital projects; direct, review, and approve design projects for implementation with capital projects team
• Attend property tours on a quarterly basis, at minimum

Reporting

Value Add Opportunities

Relationship Building

Requirements

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