ASSOCIATE ASSET MANAGER
CATEGORY: PROPERTY MANAGEMENT
LOCATION: SAN FRANCISCO 

Mosser Companies is a family-owned and privately held California-based property management and investment group, Mosser Companies has been investing in and managing multifamily properties in the San Francisco Bay area since 1952 and in the Los Angeles area since 2017. In addition to its ownership interests and property management of the Mosser Capital portfolios, Mosser Companies currently owns and operates a real estate portfolio of over 3,000+ rental apartment units.

We are looking for Associate Asset Manager that will be responsible for managing a portfolio of assets with the following responsibilities: unit turnover management (financial/coordination/scope feasibility), asset analysis and valuation, pricing strategy, operational and financial reporting, budget preparation/review, and financial systems management.
This is a regular, full-time, exempt position that reports to the Asset Manager.

Essential Functions:  

  • Financial Responsibilities: You will actively manage the financial side of assets, i.e., oversee unit turnover process (unit pricing, renovation scope, coordination between operations/property management and renovations teams). You will also perform financial assessments of commercial leasing (NPV, break-even, net effective rate), sales analyses, refinancing analyses, benchmark portfolio performance, and calculate ROIs for future and existing repositioning efforts.
  • Reporting and Analysis Responsibilities: As our Asset Management Associate, you’ll be maintaining and enhancing the Asset Management platform, tracking returns, identifying trends in the portfolio to mitigate risk and increase various revenue streams. Additionally you’ll be responsible for report generation for ownership and external capital partners on leasing, unit turnover progress, asset performance, financial performance vs budget and same store metrics.
  • Revenue Management: In collaboration with the Leasing team, you will track market/submarket trends, external and internal rent comparables, and recent leasing statistics to drive pricing and concession strategy.
  • Revenue Management: In collaboration with the Leasing team, you will track market/submarket trends, external and internal rent comparables, and recent leasing statistics to drive pricing and concession strategy.
  • Corporate Communications: You will initiate communications with Portfolio Managers, Project Managers, Property Managers, Renovations team, and FP&A to develop strategic asset plans as well as oversee the implementation of these plans. Additionally, you will assist in the coordination of due diligence requirements with lenders and third party consultants and underwriting efforts.

Knowledge, Skill and Experience:

  • Bachelor’s degree ideally in Finance, Economics, Engineering or Mathematics
  • 4-5 years of finance experience
  • Experience in multi-family (preferred)
  • Experience in retail / office leasing is a plus
  • Must have strong analytical skills, be proficient at working with and at analyzing data in Excel
  • Computer proficient in Windows, MS Office, Word, Excel, Outlook; Yardi and SQL experience a plus

Physical Requirements:

  • Ability to safely and successfully perform the essential job functions consistent with the ADA, FMLA and other federal, state and local standards, including meeting qualitative and/or quantitative productivity standards
  • Ability to maintain regular, punctual attendance consistent with the ADA, FMLA and other federal, state and local standards
  • Must be able to lift and carry up to 50 lbs.
  • Must be able to talk, listen and speak clearly on telephone

Mosser Companies is an Equal Employment Opportunity Employer. We take pride in the diversity of our staff and seek diversity in our applicants. We will consider all qualified applicants, regardless of arrest and conviction records.