Director, Asset Management
3 days ago
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Job Summary
The Director, Asset Management supports the strategic oversight of a portfolio of MH and/or RV assets and is responsible for driving property-level performance, long-term value creation, and the development and execution of business plans. This role partners closely with senior leadership and collaborates cross-functionally with Revenue Management, FP&A, Operations, Marketing, and Utility Management to ensure performance goals are met or exceeded. The Director, Asset Management will also take a strong supporting role in the design and implementation of internal systems and processes to institutionalize asset-level knowledge and decision-making frameworks.
Job Duties
- Lead the development and execution of multi-year portfolio strategies, including long-term capital planning, reinvestment, and value creation initiatives. (Essential)
- Drive analysis of portfolio performance versus underwriting and investment assumptions; partner with senior leadership to recalibrate strategy as needed. (Essential)
- Partner closely with Operations and Revenue Management to develop data-driven occupancy and pricing strategies that optimize revenue growth and asset performance. (Essential)
- Collaborate with FP&A and Operations to lead the annual budget and forecasting process; proactively manage variances and identify performance improvement opportunities. (Essential)
- Lead cross-functional coordination on regulatory, environmental, and climate-related risks; develop mitigation strategies and ensure compliance. (Essential)
- Maintain and refine financial models to support strategic planning, portfolio optimization, and executive reporting. (Essential)
- Coordinates team member selection and development and ensures team members comply with appropriate policies and procedures.
- Provide strategic oversight of the financial and operational performance of a diversified regional or strategic portfolio of assets, ensuring alignment with enterprise objectives.
- Champion initiatives to enhance Net Operating Income through operational efficiencies, expense management, and strategic reinvestment.
- Oversee capital projects, redevelopment, and expansion opportunities; evaluate return on investment and strategic alignment.
- Guide Marketing and repositioning strategies to strengthen brand presence and market competitiveness.
- Develop and implement best practices, processes, and systems to ensure consistency, transparency, and institutional knowledge retention across the asset base.
- Present portfolio performance, business plans, and investment strategies to senior executives and key stakeholders.
- Other duties as assigned.
Requirements
- Bachelor's Degree in Finance, Real Estate, Business, or related field (Required)
- Master's Degree in Finance, Real Estate, Business, or related field (Preferred)
- 7 years in of experience in real estate asset management, private equity, or investment management (Required)
- Proven leadership and portfolio oversight experience
- Exceptional financial modeling, analysis, and strategic planning skills
- Demonstrated ability to collaborate across multiple departments and lead cross-functional initiatives
- Experience with systems implementation, internal process development, or enterprise data management a strong plus
- Strong executive presence and presentation skills
- Must have a valid driver's license
Benefits
At Sun Communities, you will be part of an industry-leading organization where you will be challenged, inspired, rewarded and transformed. We place a high priority on our team members, and this is a big part of what sets us apart. We will ask you to give us your very best every day, and will challenge you with interesting work, stretch assignments, a collaborative and supportive work environment and plenty of learning and growth. In exchange, we will reward you with great pay, advancement opportunities, paid time off, great benefits, and flexibility.
- Comprehensive Medical and Prescription coverage with 4 plan options so you can choose the plan that best meets the needs of you and your family
- Comprehensive Dental and Vision Plans
- On-Site Fitness Center
- Voluntary Health and Dependent Care Reimbursement Accounts
- Life, Accidental Death & Dismemberment Insurance and Dependent Life
- Short and Long-Term Disability Coverage
- 401(k) Plan with Sun matching contribution
- Employee Assistance Program
- Identity Theft Insurance
- Legal Assistance Plan
- Pet Insurance
- Tuition Reimbursement program providing financial support to team members who further their formal education
- Vacation RV Site Discounts for team members when visiting SunRV Resorts across the nation
- Team Member Perks & Discounts program with hundreds of discounts on things like travel, merchandise, mobile phone service, and more
- Up to six weeks of paid parental leave for the birth of a child, adoption, or placement of a child
- Paid Time Off including ten holidays, vacation, personal, sick time, bereavement and pay for jury duty
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