Asset Manager

Pittsburgh, PA
Full Time
Asset Management
Experienced

Company Overview
The Buncher Company (TBC) is a Pittsburgh based real estate investment firm with a regional scope that develops, acquires, and manages stabilized, and value add commercial and residential properties. TBC currently has nearly 8-million square feet in assets under management and is rapidly growing its portfolio.

Position Summary
The Asset Manager will be responsible for overseeing the performance of a portfolio of real estate assets, developing and executing strategic plans to maximize value, and ensuring all properties meet financial and operational objectives. This role requires a blend of financial acumen, strategic thinking, and hands-on property-level oversight. The ideal candidate will be a proactive problem-solver with a deep understanding of the real estate lifecycle, from acquisition to disposition. This role will report to the Vice President of Asset Management.

Strategic Asset Management
  • Develop and implement comprehensive asset-level strategies, including hold/sell analyses, capital plans, and market positioning.
  • Collaborate with executive leadership to develop business plans, objectives, and investment strategies for the portfolio.
  • Lead the preparation of annual business plans for each asset.
  • Conduct financial modeling, valuation analyses, and performance monitoring for existing assets to forecast and optimize asset returns.
  • Identify and assess strategic opportunities for value creation, such as redevelopment, repositioning, change of use and decreasing expenses.
  • Analyze market trends, competitive landscapes, and economic conditions to inform strategic decisions.
  • Leverage technology to increase revenue or decrease expenses at the property level, collaborating with the IT team to identify, evaluate and implement.
Property-Level Asset Management
  • Work closely with the property management team to ensure efficient day-to-day operations and maximize profitability.
  • Monitor property performance against budget and business plan goals, identifying and addressing variances to optimize returns.
  • Collaborate with property management to establish revenue, expenses, NOI, capital expenditure budgets, and the subsequent rent lift aligned with the overall business plan.
  • Supervise the planning, budgeting, and control of capital expenditures and unit renovation programs to ensure they are consistent with the business plan.
  • Contribute to leasing strategies to ensure they align with the asset's proforma.
  • Conduct property inspections to assess condition, identify risks, and ensure adherence to company standards. 
  • Compare properties to competitors to evaluate market position and develop, recommend, and implement value-add action plans.
  • Review the insurance renewal processes and explore cost-saving insurance alternatives.
Financial and Performance Reporting
  • Review budgets, forecasts, and monthly performance reports.
  • Monitor all financial performance elements by analyzing financial statements and making necessary operating adjustments.
  • Prepare cash flow forecasts.
  • Proactively analyze economic trends for each specific asset and its specific market to inform investment strategies.
  • Collaborate with internal teams, including acquisitions, property operations, design and construction, portfolio managers, and accounting, implementing a process-driven approach to execute asset business plans.  
Risk Mitigation, Continuous Improvement and Stakeholder Management
  • Identify and mitigate potential risks associated with each asset, including operational, financial, and market risks.
  • Coordinate with legal, risk management, and other internal teams to resolve issues and ensure portfolio health.
  • Drive continuous improvement by evaluating and enhancing processes, policies, and procedures related to asset management.
  • Oversee the execution of dispositions and other strategic transactions, preparing recommendations for leadership review.
  • Stay informed of industry best practices, emerging technologies, and market trends to identify opportunities for innovation.
  • Lead special projects and initiatives aimed at enhancing portfolio performance, operational efficiency, and overall asset value.
  • Provide exceptional internal customer service, building and maintaining strong, collaborative relationships with all stakeholders.
  • Proactively demonstrate the value of the Asset Management team's services by translating complex data and strategies into clear, actionable insights for key stakeholders.
Qualifications
  • Bachelor’s degree in business, finance, real estate, or a related field.
  • A minimum of 5-7 years of progressive experience in real estate asset management, investment, or related field.
  • Proven track record of managing a portfolio of commercial and/or industrial properties.
  • Strong analytical skills with the ability to conduct financial modeling and valuation analyses.
  • Exceptional interpersonal skills and the ability to translate complex financial data into clear, concise, and compelling communication for diverse audiences.
  • Excellent communication and presentation skills.
  • Experience with CAPEX management and cash flow optimization.
  • Successful team mentorship and performance oversight experience.
  • Ability to work independently and collaboratively in a fast-paced environment.
  • Strong multi-tasking, time management and decision-making skills.
  • Ability to set personal and project priorities and demonstrate strong organizational skills in day-to-day and long-term planning and execution.
  • Strong commitment to customer service and a service-oriented mindset.
  • Ability to travel and visit properties periodically.
  • Proficiency in Microsoft Excel, and real estate software (PowerBI, Argus, Yardi, MRI, etc.)

When you work at The Buncher Company, you are encouraged to reach your full potential. We promote a supportive work environment where employees can continue to develop both personally and professionally. 

Compensation: 
Salary is competitive and based on experience.

Benefits
We offer a highly competitive wage and benefits package including:

  • Paid Time Off (PTO) - accrued up to15 PTO days
  • Company-paid Holidays - 10 holidays
  • Affordable Medical, Dental, and Vision Insurance
  • Life and Disability Insurance
  • 401(k) Plan with Employer Contribution
  • Wellness Program with $500 Incentive

The Buncher Company is an Equal Opportunity Employer. We are committed to a policy of equal employment opportunity for all qualified applicants and employees without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, veteran status, or any other characteristic protected by law. We provide a workplace free from harassment and discrimination. If you need any accommodations or support with your application for this job, please contact Human Resources at idurrett@buncher.com or 412-491-0949.

Share

Apply for this position

Required*
We've received your resume. Click here to update it.
Attach resume or Paste resume
Attach resume as .pdf, .doc, .docx, .odt, .txt, or .rtf (limit 5MB) or Paste resume

Paste your resume here or Attach resume file

150
To comply with government Equal Employment Opportunity and/or Affirmative Action reporting regulations, we are requesting (but NOT requiring) that you enter this personal data. This information will not be used in connection with any employment decisions, and will be used solely as permitted by state and federal law. Your voluntary cooperation would be appreciated. Learn more.
Invitation for Job Applicants to Self-Identify as a U.S. Veteran
  • A “disabled veteran” is one of the following:
    • a veteran of the U.S. military, ground, naval or air service who is entitled to compensation (or who but for the receipt of military retired pay would be entitled to compensation) under laws administered by the Secretary of Veterans Affairs; or
    • a person who was discharged or released from active duty because of a service-connected disability.
  • A “recently separated veteran” means any veteran during the three-year period beginning on the date of such veteran's discharge or release from active duty in the U.S. military, ground, naval, or air service.
  • An “active duty wartime or campaign badge veteran” means a veteran who served on active duty in the U.S. military, ground, naval or air service during a war, or in a campaign or expedition for which a campaign badge has been authorized under the laws administered by the Department of Defense.
  • An “Armed forces service medal veteran” means a veteran who, while serving on active duty in the U.S. military, ground, naval or air service, participated in a United States military operation for which an Armed Forces service medal was awarded pursuant to Executive Order 12985.
Veteran status


Voluntary Self-Identification of Disability
Voluntary Self-Identification of Disability Form CC-305
OMB Control Number 1250-0005
Expires 04/30/2026
Why are you being asked to complete this form?

We are a federal contractor or subcontractor. The law requires us to provide equal employment opportunity to qualified people with disabilities. We have a goal of having at least 7% of our workers as people with disabilities. The law says we must measure our progress towards this goal. To do this, we must ask applicants and employees if they have a disability or have ever had one. People can become disabled, so we need to ask this question at least every five years.

Completing this form is voluntary, and we hope that you will choose to do so. Your answer is confidential. No one who makes hiring decisions will see it. Your decision to complete the form and your answer will not harm you in any way. If you want to learn more about the law or this form, visit the U.S. Department of Labor’s Office of Federal Contract Compliance Programs (OFCCP) website at www.dol.gov/ofccp.

How do you know if you have a disability?

A disability is a condition that substantially limits one or more of your “major life activities.” If you have or have ever had such a condition, you are a person with a disability. Disabilities include, but are not limited to:

  • Alcohol or other substance use disorder (not currently using drugs illegally)
  • Autoimmune disorder, for example, lupus, fibromyalgia, rheumatoid arthritis, HIV/AIDS
  • Blind or low vision
  • Cancer (past or present)
  • Cardiovascular or heart disease
  • Celiac disease
  • Cerebral palsy
  • Deaf or serious difficulty hearing
  • Diabetes
  • Disfigurement, for example, disfigurement caused by burns, wounds, accidents, or congenital disorders
  • Epilepsy or other seizure disorder
  • Gastrointestinal disorders, for example, Crohn's Disease, irritable bowel syndrome
  • Intellectual or developmental disability
  • Mental health conditions, for example, depression, bipolar disorder, anxiety disorder, schizophrenia, PTSD
  • Missing limbs or partially missing limbs
  • Mobility impairment, benefiting from the use of a wheelchair, scooter, walker, leg brace(s) and/or other supports
  • Nervous system condition, for example, migraine headaches, Parkinson’s disease, multiple sclerosis (MS)
  • Neurodivergence, for example, attention-deficit/hyperactivity disorder (ADHD), autism spectrum disorder, dyslexia, dyspraxia, other learning disabilities
  • Partial or complete paralysis (any cause)
  • Pulmonary or respiratory conditions, for example, tuberculosis, asthma, emphysema
  • Short stature (dwarfism)
  • Traumatic brain injury
Please check one of the boxes below:

PUBLIC BURDEN STATEMENT: According to the Paperwork Reduction Act of 1995 no persons are required to respond to a collection of information unless such collection displays a valid OMB control number. This survey should take about 5 minutes to complete.

You must enter your name and date
Human Check*