As an asset analyst, you are to work on day-to-day tasks for properties that are already in their company's portfolio, intending to maximize the profitability of the operating assets. Your job requires you to execute analyses of the operating performance of assets and also provide assistance with financial analysis and forecasting. Your main responsibility revolves around maximizing total ROI for all assets. By doing this, you will be able to assess where to add value and improve on the existing and current assets of the organization.
Providing leadership, overseeing business plans, forecasts, budget leases, analysis, and approvals are all part of your jurisdiction as an asset analyst. You are allowed to work closely with other property managers, lease agents, lease administrators, and accountants to ensure productivity and more business opportunities for the company. You are also responsible for preparing reports for institutional partners and investment committees by using Adobe suite tools or PowerPoints. Plus, you'll often have to arrange with third-party contracts and help in property manager transitions.
As an asset analyst, some role-based soft skills you must possess are excellent communication skills, analytical skills, organizational skills, computer skills, interpersonal skills, and collaborative skills. The average salary of an asset analyst yearly is $73,000. The minimum educational criterion for this position is a bachelor's degree in Finance, Accounting, Real Estate, or other related fields. However, some employers prefer an MBA.