Associate Director – Asset Management

Posted today

blue signal searchPhoenix (AZ)
Property, Real Estate, and Community Association ManagersNonresidential Property Managers

SENIORITY

Manager

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About the role

A privately owned commercial real-estate investor-developer headquartered in the Phoenix metro is reshaping mixed-use and open-air retail destinations across the Southwest. With more than two million square feet under ownership today and another million in late-stage development, the firm blends the agility of a start-up with the rigorous discipline of institutional capital.Why This Role MattersDirect influence over a high-visibility, one-million-plus-square-foot operating portfolio and an equally large development pipeline.Work closely with top management to make daily decisions on financial planning, exploring refinancing opportunities, and determining the best course of action for asset management.Opportunity to mentor a trio of property managers and build the firm's first data-driven asset scorecard.Competitive base with tiered annual bonus plus profit-share units that vest over five years.A clear runway toward Director/VP as the platform continues its rapid growth.Key ResponsibilitiesDesign and lead annual operating and capital budgets, track variances, and drive corrective actions to protect NOI.Produce rolling forecasts, scenario models, and hold/sell analyses that inform equity partners and lenders.Prioritize capital projects using ROI hurdles; manage execution against schedule and budget.Build a portfolio scorecard that tracks occupancy-cost ratios, SLA compliance, and tenant satisfaction.Secure top-value service agreements by negotiating contracts and comparing market rates to guarantee exceptional service at competitive prices.Champion cloud-based work-order tools that provide visual proof of completion and speed issue resolution.Partner with Development for seamless handoff from construction to stabilization.Advise Leasing on CAM projections, deal economics, and renewal strategies.Translate operational realities for Accounting and Capital Markets during audits, debt placement, and sales.Coach and develop three property managers (each with an administrator), fostering a culture of accountability and continuous improvement.Required Qualifications8 + years in commercial real estate with a blend of property/asset management and financial analysis; retail or mixed-use preferred.Demonstrated ownership of multi-property P&L, budget creation, and capital planning.Fluency in Yardi; advanced Excel modeling required. ARGUS or Power BI a plus.Proven track record leading field teams and third-party vendors.Bachelor's degree in Finance, Real Estate, Accounting, or related discipline.Competitive base salary depending on experience.Annual bonus tied to company EBITDA (4 %, 8 %, 14 % tiers).Long-term incentive plan with profit-share units (five-year vesting).Medical, dental, vision, 401(k) with match, generous PTO, volunteer hours, and on-site fitness reimbursement.This is a primarily in-office role in Phoenix with occasional local asset visits (under 10 % travel). The position requires extended periods at a computer and the ability to lift up to 25 lbs; reasonable accommodations are available.About Blue Signal:Blue Signal is an award-winning, executive search firm specializing in finance & accounting recruiting. We have a strong reputation for finding top talent in private equity, asset management, financial services, FinTech, and accounting leadership. Learn more at bit.ly/3IKiOzm

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