CURRENT OPENINGS

 

For information on current openings or to apply, please email careers@ensemble.net.

 

Asset Management Associate

Job Description

Ensemble is seeking an Asset Management Associate who will bring strong analytical and communication skills to a team committed to finding innovative commercial real estate investments. The candidate should have a minimum of 2-3 years of relate-able experience in asset management, corporate accounting, or finance.

The Asset Management Associate will collaborate with Asset Managers and other executives to provide analytical oversight for properties within the Ensemble portfolio.   The Associate will also coordinate investor reporting and distributions with respect to portfolio investments which include hospitality, multifamily, and medical assets.  Additionally, the Associate will closely monitor property and market performance to shape and execute each investment’s business strategy.  Given the need to engage different internal and external interests, the ability to flourish in a team environment is paramount along with attention to detail, a reliable work ethic and the ability to manage several projects at once.

Key Responsibilities:

  • Prepare and analyze Excel cash flows integrating property and company-level financials, capital requirements, and cost of debt and equity to monitor return on investment (IRR, cash-on-cash, equity multiple) for individual assets and for the portfolio.
  • Engage with internal Asset Managers and external property managers to understand and illustrate financial trends with respect to occupancy, revenue, and operating expenses for each asset.
  • Create ad hoc analyses to isolate metrics and troubleshoot specific trends to enhance property and portfolio performance with respect to investment strategies. Present findings and make recommendations to senior management.
  • Manage periodic financial reports to investors, detailing asset and investor performance and forecasts. Provide explanations for key changes in the investment, variances in actual performance from projected, and assumptions inherent in annual budgets for each asset.
  • Review and abstract legal contracts, such as operating agreements, loan documents, and hotel management agreements to document compliance requirements for meeting all required financial and operating covenants.
  • Attend monthly financial and annual budget meetings with Asset Managers. Understand characteristics and nuances of each asset and work with senior management to find competitive advantages with respect to the market.
  • Assist with the underwriting, due diligence, and closing of acquisition and development opportunities, as needed

Required Skills and Responsibilities

  • Minimum 2-3 years of experience working in commercial real estate asset management and/or real estate accounting, finance or analytics
  • Undergraduate degree with a demonstrated understanding of financial concepts
  • Excellent verbal and written communication skills
  • Excellent planning, organization and interpersonal skills
  • Ability to function in a team-oriented setting and to work well on your own
  • Attention to detail and ability to function under tight time frames
  • Ability to work accurately and efficiently
  • Ability to handle multiple projects at one time
  • Ability to travel as required
  • Strong sense of personal motivation and responsibility

Salary dependent upon experience, plus benefits including medical, long term disability, life insurance, and 401K. Please e-mail cover letter, resume and salary requirements to ad3@ensemble.net

 

Staff Accountant

Job Description

Ensemble is looking to hire a full-time staff accountant to perform all aspects of accounting in either our corporate office in Central Phoenix, or our Downtown Long Beach office.

Responsibilities will include maintaining financial reports, records and general ledgers; performing general bookkeeping; billing, accounts payable and receivable.

Skills and responsibilities required:

  • 5+ years of accounting experience
  • Excellent verbal and written communication skills
  • Excellent planning and organizational skills
  • Ability to function in team-oriented setting as well as to work well on own
  • Attention to detail and ability to function under tight time frames
  • Ability to handle multiple projects at one time
  • Strong sense of personal motivation and responsibility

If interested, please submit resume to careers@ensemble.net