Asset Manager

The Company
At Spartan Investment Group, our mission is to improve lives through our values. We do this by finding value-add and opportunistic investments offering solid returns to our investors. Providing an opportunity to grow for our partners and creating lasting wealth for everyone with whom we conduct business is how we make our greatest contribution.
We focus on self-storage while capitalizing on select opportunities in other asset classes. We are members of the Inc. 5000 fastest-growing private companies in America and rank among the top 100 owners of self-storage in the United States.
Mission
The mission of the Asset Manager is to own the financial performance, business plan, and long-term value of an assigned portfolio of approximately 30 self-storage properties to ensure the optimization of our resources for SIG's investors. The Asset Manager is the single accountable captain of each assigned asset; monitoring and informing strategy, pricing, budget, capital expenditures, and verifying financial and operational integrity.
Key Performance Indicators

• Portfolio NOI & Budget Performance: Actual NOI vs. budgeted and underwritten NOI, portfolio-weighted; controllable opex vs. budget.
• Revenue Management & Pricing Optimization: Revenue vs. budget; RevPAF growth; ECRI execution; realized rate and economic occupancy vs. plan and vs. competitor rates.
• Investor Return & Business Plan Execution: Return pace vs. underwriting (IRR / equity multiple); distributions on schedule; 5-year plan milestones hit; investor reporting approved on time.
• Capital, Debt & CapEx Stewardship: Covenant compliance; refinance and capital needs managed ahead of deadlines; CapEx delivered within budget and on projected ROI.
• Financial Controls & Compliance Integrity: AP/AR verified; taxes, insurance, and fees paid on time; licenses and certificates of occupancy current; property tax appeals executed; audit findings resolved

Outcomes

• Own the asset-level business plan and five-year strategy for the portfolio. Define what success looks like for each asset and be the voice that keeps the plan on track.
• Own the annual budget and reforecast with District Managers, Capital Markets, and the Director of Asset Management, setting the NOI, revenue, and expense targets the field executes against.
• Work with revenue manager on pricing and revenue strategy ECRI plans, occupancy optimization by unit type, and rate positioning against live competitor rates and hand Operations a clear framework to run.
• Command property tax as an NOI lever; know every tax comparable in each market, drive assessment appeals, and verify assessments and accruals.
• Verify financial integrity each period. Know all rents collected and all bills paid; property tax, sales/use and other taxes, and insurance paid on time; utility bills reviewed for anomalies; the asset's tax return reviewed for preparation.
• Manage the capital stack and debt, assess refinance and private-debt needs, track covenants, and flag capital needs well ahead of deadlines.
• Own CapEx planning and the project roadmap and show measurable performance gains from success-based capital projects.
• Keep every asset compliant and entitled with necessary business licenses, certificates of occupancy, the master lease, full tenant lease inventory (audited), and unit-type, commercial, and office lease agreements. Close out facility audit findings with a documented plan.
• Own the market and physical asset condition and contracts (signage, lighting controls, landscaping, security monitoring, and utility, internet, and phone agreements).
• Steward the investor relationship at the asset level. Approve monthly investor reporting, field and approve investor inquiry responses.
• Track BOV and return targets to produce corrective “get-right” plans and data for quarterly reviews.
• Drive performance through the field operations team and third parties through a regular call cadence, and stay close to DM and PM staffing, hiring, and transitions.

Competencies

• Financial and Analytical Rigor — Reads a P&L, a cash-flow model, and a debt schedule fluently, and grounds every call in underwriting, variance, and return math.
• Ownership and Accountability — Runs each asset like its captain. The buck stops here across finance, compliance, and operations oversight, and nothing falls through the cracks across a large portfolio.
• Influence — Gets District Managers, third-party managers, and Marketing to perform even though they don't report to Asset Management. Builds authority through data and follow-through, not title.
• Controls Mindset — Catches the missed tax payment, the lapsed certificate of occupancy, and the utility anomaly before they become losses. Trusts the numbers only after verifying them.
• Investor Stewardship — Treats investor capital as a fiduciary responsibility, reports honestly including bad news, and defends returns when it's easier not to.
• Judgment and Timing — Knows when to raise rates, spend capital, refinance, hold, or sell, and weighs risk against timing in a changing market.
• Communication — Presents asset and portfolio performance credibly to the founders, the CIO, lenders, and investors, and explains results, risks, and recommended actions concisely.

Qualifications

• Bachelor’s degree required (Finance, Real Estate, Business, Economics, or related field).  

• 8–10+ years in commercial real estate asset management, financial analysis, portfolio analysis, or similar analytical CRE role (self-storage preferred but not required).  

• 4+ years driving NOI performance and growth on US-based or REIT portfolios consisting of 20+ properties  

• Demonstrated track record of meeting or exceeding target investor returns for assets under management 

• Advanced Excel required (financial modeling, lookups, pivot tables, breakeven analysis).  

• Experience with BI tools, asset databases, or reporting platforms preferred.  

Remote Work Requirements 

• Dedicated home office or professional remote work environment.  

• Reliable high-speed internet connection capable of supporting video conferencing and daily business operations. 

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