
Director – Asset Management
American Campus Communities
full-time
Posted on:
Location Type: Hybrid
Location: Austin • United States
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Job Level
About the role
- Manage business plan execution for assigned assets, including tracking goals, conducting ad-hoc analyses of value-add opportunities, and developing solutions to address challenges or changing market conditions.
- Prepare and maintain property-level asset management plans covering revenue/expense forecasting, capital planning, market condition analysis, and business plan development in collaboration with internal stakeholders.
- Identify, evaluate, and implement NOI growth initiatives, championing value-maximizing strategies and operational improvements across the portfolio.
- Review financial statements, investment accounting, and lender/joint venture reporting packages to ensure accuracy, proper tax treatment, and compliance with budgets and operating procedures.
- Lead preparation and review of quarterly investment reports and regular performance reporting (weekly, monthly, quarterly, annual), presenting findings to internal and external stakeholders.
- Collaborate cross-functionally to research, recommend, and lead initiatives for expense management efficiencies, revenue enhancement, and capital project execution, including repositioning, renovations, and redevelopment.
- Participate in acquisition due diligence and disposition activities by providing operational insights, preparing diligence materials, and coordinating with brokers, legal counsel, and capital partners.
- Conduct regular site visits to portfolio assets to assess operational effectiveness, validate strategy execution, and provide actionable feedback on rent setting, marketing, leasing, and vendor management.
- Analyze market dynamics, including rent surveys, supply and demand metrics, and economic trends, to inform strategic asset positioning and business plan adjustments.
- Manage debt and equity financing relationships, including refinancing initiatives, and support equity capital pitches through preparation of analysis and presentation materials.
- Maintain transparent and strategic communication with joint venture partners, investors, legal teams, and internal stakeholders, adapting strategies to meet evolving objectives and ensuring alignment across teams.
- Mentor and train Associates and Analysts, as assigned.
- Carries out supervisor responsibilities, including interviewing, hiring, and training employees; planning assigning and directing work; appraising performance; rewarding and disciplining employees; and addressing complaints and resolving problems.
- Coach, train and develop a team while managing the workflow and prioritization of projects and ensuring on-time execution and completion.
Requirements
- Bachelor’s degree in Business, Finance, Real Estate or other relevant area and/or equivalent combination of education and experience.
- 5+ years’ experience in asset management of residential real estate.
- Experience with institutional/private equity preferred.
- Familiarity with the general principles of real estate, including operations and analysis, budgeting, financial reporting, cash management and general accounting.
- Ability to understand and interpret market trends, third party market reports, and operator market competitor surveys.
- Familiarity with investment due diligence process along with ability to provide local market leasing assumptions and competitive intelligence.
Benefits
- Vision
- Dental
- 401(k) with Employer Matching
- Medical & Dependent Care Flexible Spending Accounts (FSA)
- Life Insurance
- Sick Leave
- Paid Time Off
- Paid Pregnancy & Childbirth Leave
- Paid Paternity Leave
- Health Insurance
- Health Savings Account (HSA) with Employer Matching
- Short-Term & Long-Term Disability
- Preferred Membership Pricing at Local & National Companies
- CoreGiving Volunteer Days
- Referral Program
- Charity Matching Program
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
asset managementfinancial analysisbudgetingcapital planningNOI growth initiativesinvestment accountingmarket condition analysisreal estate operationscash managementdue diligence
Soft Skills
communicationleadershipmentoringcollaborationproblem-solvingstrategic thinkingteam developmentperformance appraisalworkflow managementtraining
Certifications
Bachelor’s degree in BusinessBachelor’s degree in FinanceBachelor’s degree in Real Estate