Associate, Asset Management at LEFRAK ORGANIZATION | NY, US | Rezi

Associate, Asset Management at LEFRAK ORGANIZATION

Associate, Asset Management

LEFRAK ORGANIZATION · NY, US

1 months ago

Associate, Asset Management

LEFRAK ORGANIZATION · NY, US

a month ago
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About the Role

This role plays a key part in residential asset management, offering strategic financial and operational insights to impact portfolio performance. The Associate will partner with leadership, Property Management, and Accounting teams to drive decision-making and improve processes.

Responsibilities

  • Support the preparation of detailed annual budgets, monthly/quarterly property and portfolio reporting, financial forecasts, capital plans, and variance analyses.
  • Monitor leasing, pricing, occupancy, operating expenses, and capital expenditures.
  • Develop and maintain customized financial and operational reports to support corporate initiatives, including revenue optimization, cost management and utility consumption tracking.
  • Review analyst reports for accuracy and ensure clear communication of key trends, risks, and opportunities.
  • Research economic, demographic, and industry trends; benchmark against competitors; and deliver actionable insights.
  • Track capital projects and renovations, ensuring alignment with approved scope, timing, and return expectations.
  • Deliver clear, concise asset reporting on key operating metrics, financial performance, and project milestones.
  • Support system enhancements, process improvements, and special projects.
  • Mentor and provide guidance to junior analysts.

Requirements

  • 3-5 years of experience in real estate asset management with a solid understanding of property-level financial statements.
  • Multifamily experience strongly preferred.
  • Advanced Excel proficiency, including building and maintaining budgets and financial models, with a command of complex formulas and the ability to turn analysis into clear strategy.
  • Strong business acumen, analytical mindset, and ability to balance detail with big-picture thinking.
  • Excellent communication skills—able to influence, present, and partner effectively with stakeholders at every level.
  • Experience with Yardi or similar property management/accounting systems preferred.
  • Ability to manage multiple priorities in a fast-paced environment while maintaining a high level of accuracy and attention to detail.
  • Able to demonstrate a high level of accountability for key responsibilities and quality of deliverables, while maintaining a collaborative, team-oriented approach.

Skills

  • Excel proficiency
  • Financial modeling
  • Budgeting
  • Variance analysis
  • Financial forecasting
  • Capital planning
  • Business acumen
  • Analytical thinking
  • Communication skills
  • Stakeholder management
  • Yardi (preferred)
  • Attention to detail
  • Accountability
  • Teamwork

Location

  • New York
  • New Jersey
  • Florida

Work Type

  • Full-time

Experience Level

  • 3-5 years

Education Level

  • Bachelor’s Degree (Finance, Real Estate, Accounting, Economics, or related field preferred)

Benefits

  • Medical
  • Dental
  • Vision
  • 401(k) Plan
  • Profit Sharing
  • Health Savings Account
  • Flexible Spending Accounts for Medical and Dependent Care
  • Pre-Tax Transit Program
  • Life Insurance
  • Accidental Death & Dismemberment Insurance
  • Short-Term Disability
  • Long Term Disability
  • Paid Time Off (PTO)
  • Company Paid Holidays

About the Company

  • Leading shared services property management company overseeing an 18,000+ unit multifamily portfolio across more than 80 properties in New York, New Jersey, and Florida.
  • Dedicated to providing best-in-class management and administrative support to a select client roster.
  • Maintains a superior team of professionals united by a common commitment to the highest levels of integrity and business ethics.

Equal Opportunity

  • E/O/E