RealtyMogul is hiring a
Associate Asset Manager

Summary

Join RealtyMogul as an Associate of Asset Management and play a key role in monitoring and reporting on the performance of select assets within the RealtyMogul portfolio. This full remote position requires strong analytical skills, attention to detail, and excellent communication abilities.

Requirements

• 2-4 years of experience working for a real estate private equity firm, asset manager, or acquisitions
• Highly detail oriented
• Proficient communicator with the ability to write investor communications
• Experience reviewing and digesting real estate operating agreements required
• Experience modeling equity waterfalls in Excel required
• Ability to read and understand JV Operating Agreements
• Understanding of accounting and ability to read financial statements required

Responsibilities

• Review provided financial statements including balance sheets, income statements and cash flow statements for financial accuracy and adherence to accounting standards
• Review quarterly reporting to understand status of investments
• Produce Excel financial models to re-forecast performance of individual properties
• Do market research to understand any shifts in the market post property acquisition
• Build relationships with Operating Partners to get questions answered regarding ongoing status of their projects
• Work with Sponsors to prepare quarterly Investor Updates including qualitative and quantitative analysis
• Disseminate property level updates to RealtyMogul investors on a quarterly and ad hoc basis
• Review operating agreements to confirm distribution amounts are accurate based on distribution waterfalls as documented in the operating agreement
• Provide quality control for all distributions to ensure our investors are being paid accurately
• Work with outside accounting firm to produce and QC K-1s annually
• Respond to investor questions regarding performance of assets
• Other ad hoc projects as required
• Update and maintain internal reporting documents
• Work with Sponsors and RealtyMogul’s tax team to ensure delivery of K1s to investors

Benefits

Full remote work arrangement