Asset Manager - West Chester, United States - Hearthfire Capital

Description

Hearthfire Holdings, LLC is a leading private equity owner/operator specializing in commercial real estate, with a primary focus on self-storage facilities.

We are seeking an experienced Asset Manager with a strong background in Financial Planning & Analysis (FP&A) to join our dynamic team.

The Asset Manager will be responsible for overseeing a portfolio of self-storage facilities, driving financial performance, and implementing strategies to optimize asset value.

• Conduct detailed financial analysis of property performance, including revenue trends, expense management, and capital expenditures.
• Prepare comprehensive financial reports and presentations for senior management and investors, highlighting key performance indicators and variance analysis.
• Develop and maintain financial models to forecast future cash flows and evaluate investment opportunities.
• Asset Management:
• Develop and implement asset management strategies to enhance property performance and maximize value.
• Monitor market trends, competitive landscape, and economic indicators to identify opportunities and mitigate risks.
• Work closely with property managers to optimize operational efficiency, leasing strategies, and tenant relationships.

• Evaluate portfolio composition and recommend asset allocation strategies to achieve investment objectives.
• Identify opportunities for portfolio diversification, asset repositioning, and valueadd initiatives.
• Collaborate with acquisition and disposition teams to assess potential transactions and support due diligence efforts.

• Coordinate annual budgeting process for properties within the portfolio, aligning financial objectives with operational plans.
• Develop capital expenditure plans and prioritize investments based on ROI analysis and strategic goals.
• Monitor capital projects to ensure timely completion and adherence to budgetary constraints.
• Stakeholder Communication:
• Serve as a primary point of contact for investors, providing regular updates on portfolio performance, market insights, and strategic initiatives.
• Communicate effectively with internal stakeholders, including senior management, finance teams, and property management staff.

• Bachelor's degree in Finance, Real Estate, Business Administration, or related field; MBA or advanced degree preferred.
• Minimum of 3 years of experience in asset management, financial analysis, or real estate investment.
• Strong proficiency in Financial Planning & Analysis (FP&A) methodologies, financial modeling, and valuation techniques.
• Knowledge of commercial real estate industry, with specific experience in selfstorage facilities preferred.
• Excellent analytical skills, attention to detail, and ability to interpret complex financial data.
• Effective communication and interpersonal skills, with the ability to collaborate crossfunctionally and engage with stakeholders at all levels.
• Proven track record of driving financial performance and implementing valueenhancing strategies.

• Competitive salary commensurate with experience.
• Comprehensive benefits package, including health insurance, retirement savings plan, and paid time off.
• Opportunities for professional development and career advancement within a growing organization.
• Dynamic and collaborative work environment with a focus on innovation and excellence.
• Hearthfire Holdings and its Affiliates provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws._