Asset Manager

1 Day ago • 3 Years +

Job Summary

Job Description

As an Asset Manager at MRI Software, you will work with a cross-functional team to protect and increase asset value for clients, including tax benefits and cash flow. You will develop and maintain client relationships, analyze financial statements, monitor construction, and evaluate market conditions. The role involves reviewing reports, ensuring data integrity, and creating reports. The successful candidate will analyze operating partnership tax returns, resolve problems, and conduct site visits to evaluate properties.
Must have:
  • 3+ years of real estate experience in multifamily asset management.
  • Strong analytical skills and proficiency in financial analysis and spreadsheet modeling.
  • Excellent organizational and communication skills.
Perks:
  • Employee-led groups like Diversity, Equity and Inclusion committee.
  • Medical coverage options and HSA benefit.
  • Competitive 401k plan.
  • Parental Leave Program.
  • 20 days PTO plus observed Holidays, plus 16 hours of ‘Flexi’ time a year.
  • Tuition Reimbursement offerings.
  • Flexibility of working from anywhere in the world for two weeks out of the year.

Job Details

From the day we opened our doors in 1971, MRI Software has built flexible, game-changing real estate software solutions to improve people’s lives. The only way to carry out that mission is to hire the absolute best employees on earth. People like you.   

Work hard, play hard. Always. Our relentless commitment to client success, our employee resource groups and our promise to empower our teams to reach their full potential are a few examples of what makes MRI Software special.  
 

And we’re passionately dedicated to creating a work environment that you look forward to every single day. That’s why we invest heavily in our employee engagement, so you enjoy the tech industry’s best perks. Together with the whole Pride, (lion roar for "family") employees, customers, and partners, we’re on a mission to break new ground and lead the real estate industry into a digital-first future.  
 

We understand the need to provide a flexible working environment partnered with team collaboration and socialization. Therefore, we operate a hybrid working model with 3 days in-office and 2 days remotely. This role is based at our Boston, MA office.
 

Applicants must be authorized to work for ANY employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time.

The Role:
Work as part of a cross-functional team to protect and increase asset value – including both tax benefits and cash flow -- on behalf of clients as part of MRI Asset Management Services formerly known as TCAM. Develop and maintain strong relationships with clients, general partners, lenders, government agencies, investors and property managers. Understand partnership, financing and tax matters, as well as real estate issues at the operating partnership level.

You Will:

  • Review and monitor monthly or quarterly operating reports and evaluate performance.
  • Establish relationships and communicate regularly with the client and others involved in the specific assets, including syndicators, lenders, management agents and government officials.
  • Ensure the timely receipt and integrity of asset information collected and stored in Asset Management database.
  • Assist with the creation of reports from Asset Management database including written specifications and pre-production testing.
  • Analyze annual audited financial statements and follow-up with the general partner/borrower on any issues identified.
  • Analyze operating partnership tax returns and work with the general partner and accountants to resolve problems.
  • Inspect construction sites and evaluate construction draw requests for payment release.
  • Monitor construction and lease-up progress, including management's marketing efforts.
  • Conduct site visits to evaluate property management, property marketability and market positioning, management plan, and physical condition of properties.  Review tenant files and evaluate compliance with Section 42 requirements.
  • Analyze local market conditions and competition.
  • Respond to client requests for information through informal interactions and formal presentations.

You Have:

  • Bachelor’s Degree
  • 3+ years of real estate experience in multifamily asset management or property management
  • Strong analytical skills
  • Proficiency in financial analysis and spreadsheet modeling
  • MS Excel and Word proficient
  • Excellent organizational, communication, and analytical skills
  • Ability to work well with others and thrive in a collaborative, team-based, dynamic environment – pitching in wherever needed to achieve team goals.
  • Flexibility and ability to manage conflicting priorities. 

We’re obsessed with making this the best job you’ve ever had!  
 

We want our teams to love working here, so we’ve created some incredible perks for you to enjoy:  

  • Join our employee-led groups to maximize your experience at work such as our Diversity, Equity and Inclusion committee, employee resource groups such as Women and Allies, and our Pride Event Group
  • Enjoy peace of mind over yours and your family’s health with our medical coverage options and HSA benefit
  • Invest in our competitive 401k plan and help set you up for your future
  • Big on family? So are we! We understand family is important and being able to spend quality time with your family is a wonderful experience. Our Parental Leave Program is designed to give you the opportunity to spend even more time with your new arrival(s)
  • Enjoy a fantastic work-life balance with 20 days PTO plus observed Holidays, plus 16 hours of ‘Flexi’ time a year
  • Further your professional development and growth with our generous Tuition Reimbursement offerings 
  • Enjoy the flexibility of working from anywhere in the world for two weeks out of the year


At MRI, our company culture is more than a talking point – it’s what makes us shine! We value your hard work and encourage you to be your whole self while you do it. Passion, integrity, and inclusion mixed with a healthy dose of fun is what makes us the best fit for your next career move!
 

MRI continues to strive to amaze as a global industry leader in real estate software. Whether you are joining as a new pride member or bringing your expertise back, your talent is important to maintaining MRI’s high client experience standard and continuing our growth in the PropTech space.
 

Amazing growth takes amazing employees. Are you up to the challenge?
 

We are not accepting unsolicited resumes from agencies and/or search firms for this job posting.

Environmental Conditions
This person will work predominantly in an office type environment.

Physical Demands
While performing the duties of this job, the employee is regularly required to sit up to 8 or more hours a day. The employee is frequently required to see, hear and speak. The employee may be required to work at a computer work station for more than 5 hours a day.

Mental Demands
Reading, studying focused listening, auditing, inspecting, proofreading, and evaluating required. Ability to give, receive, and analyze information and prepare written materials. Ability to communicate effectively (verbal and written); interpret policy, procedures, and data.

 

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About The Company

MRI Software is a leading provider of real estate software solutions that transform the way communities live, work and play. MRI’s comprehensive, flexible, open and connected platform empowers owners, operators and occupiers in commercial and residential property organizations to innovate in rapidly changing markets. MRI has been a trailblazer in the PropTech industry for over five decades, serving more than two million users worldwide. Through leading solutions and a rich partner ecosystem, MRI gives real estate companies the freedom to elevate their business and gain a competitive edge. For more information, please visit http://www.mrisoftware.com.

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