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Associate Director of Asset Management

Sola Impact

The Role

Overview

Drive asset performance, financial analysis, and value creation for a $B+ social impact portfolio.

Key Responsibilities

  • financial modeling
  • dashboard reporting
  • asset optimization
  • capex management
  • property visits
  • stakeholder partnering

Tasks

You'll lead with numbers but move with intention, partnering with the Chief Operational Officer across Acquisitions, Development, Finance, and Property Management to connect operational realities with financial outcomes. You'll build tools, surface trends, and solve problems before they appear on a spreadsheet. And when lenders, equity partners, or consultants come calling? You'll be the one at the table, translating insight into confidence. This is not an ivory tower role. You'll be boots-on-the-ground in the data, analyzing property performance, decoding cash flow patterns, and using financial storytelling to influence high-stakes decisions. From investigating margin leakage to optimizing rent strategies and CapEx deployment, your work will directly shape the trajectory of a $B+ social impact portfolio. -Support day-to-day asset performance by monitoring financial results, analyzing variances, and assisting in resolving cash flow discrepancies -Collaborate with Acquisitions, Development, and Capital Markets teams to support asset-level benchmarks and portfolio strategies -Build and maintain reporting models and dashboards to track asset performance and provide insights for decision-making -Contribute to Net Operating Income (NOI) growth through identifying operational inefficiencies, revenue opportunities, and cost-saving measures -Coordinate with CMBS servicers and capital market partners by tracking key metrics and preparing reporting deliverables -Participate in special projects such as asset optimization initiatives, refinancing analyses, and re-forecasting exercises -Serve as a financial resource for assigned assets, partnering with property managers, leasing teams, and finance to align property operations with financial targets -Assist in managing capital expenditure projects by tracking budgets, monitoring ROI, and ensuring alignment with asset plans -Conduct periodic property visits to assess conditions, gather operational insights, and help address performance issues

Requirements

  • yardi
  • argus
  • excel
  • finance degree
  • asset management
  • 5-8 years

What You Bring

-Proficient with asset management tools/software, including Yardi, Argus, and GSuite -Exceptional Excel skills; experience with Argus, Yardi, and Google Suite preferred -Collaborative and cross-functional, with experience working across Acquisitions, Development, Property Management, and Finance, as well as with lenders, escrow, and consultants -Deep experience in financial analysis, forecasting, and troubleshooting discrepancies in financial statements -Bachelor's degree in Finance, Real Estate, Business, or related field -Able to distill complex financial data into actionable insights for internal stakeholders and external partners -Comfortable operating independently, focused on execution and analysis -Skilled in building robust property- and portfolio-level models to support strategic decision-making -Deep fluency in real estate financials, including NOI, IRR, rent rolls, P&L statements, T12s, and capital stack structures -Proficient in financial forecasting and variance analysis, with the ability to trace discrepancies to their root causes -Experience monitoring KPIs to assess operational performance and market competitiveness -Familiar with lease audits, cost recovery models, and operating expense benchmarking -5-8+ years in asset management, ideally in multifamily or mixed-use portfolios -Strong analytical skills with a sharp eye for cash flow anomalies, financial variances, and reporting inconsistencies -Strong understanding of real estate operations, capital planning, and budgeting -Advanced knowledge of value creation levers such as rent growth, expense optimization, and CapEx planning

Benefits

At SoLa Impact, we believe work environment, culture, and the opportunity to learn and grow are key elements when considering a new job. We are just the right size to provide the resources and support you need without the bureaucracy of a large corporate environment. We foster a family-friendly and supportive workplace, collaborative and employee-focused with an emphasis on quality, integrity, trust, and accountability. We are looking to bring someone on board as soon as possible. We provide a rewarding and challenging environment. We expect a lot, but give a lot in return. Strongly prefer candidates local to Los Angeles as no relocation assistance will be provided. All qualified candidates will be contacted directly. SALARY: $125K-$175K per year plus discretionary bonus

The Company

About Sola Impact

-Founded with a mission to revitalize and strengthen underserved communities through sustainable real estate. -Specializing in the development of mixed-use properties, focusing on energy-efficient and solar-powered buildings. -Has a proven track record of transforming vacant lots and underdeveloped areas into vibrant spaces. -Partners with local governments and organizations to drive long-term urban regeneration. -Combines real estate expertise with a passion for innovation and sustainability. -Portfolio includes residential, commercial, and community-focused spaces designed to improve the local environment and economy. -Emphasizes energy efficiency, particularly solar energy solutions in building designs and renovations. -Committed to creating spaces that are both environmentally responsible and economically viable. -Notable for attracting financing for large-scale projects while maintaining a focus on positive community impact.

Sector Specialisms

Affordable Housing

Residential

Workforce Housing

Real Estate Development

Community Development

Social Impact Investing

Economic Development

Urban Cities

Education

Technology and Entrepreneurship

Workforce Training

Social Services

Data-Driven Social Impact

Racial Equity

Health and Wellbeing

Nonprofit Foundation Work

Tech Careers

Scholarships and Career Development

Rehabilitation

Preservation

High-Quality Housing

Underinvested Communities

Security Clearance

-conducts thorough background checks, including education and employment verification, after an offer letter extension.