VP, Property Budgeting at Asset Living

Houston, Texas, United States

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Not SpecifiedCompensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Real Estate, Property ManagementIndustries

Requirements

Proven leadership experience in designing, executing, and improving property budgeting frameworks across multifamily, single-family rentals, affordable housing, build-to-rent, active adult, and student housing portfolios
Expertise in financial planning standards, client requirements, and alignment with company financial goals
Strong partnership skills with Operations, Accounting, Finance, Shared Services, Division Presidents, Systems, Data & Analytics leadership
Proficiency in budget templates and systems (Excel, RealPage, Vizibly, Yardi, Entrata), BI environments (DOMO/HelloData), and accounting system integrations
Ability to evaluate and implement technology solutions for automation, reporting, and real-time visibility
Advanced skills in executive-level financial analysis, revenue forecasting, expense benchmarking, assumption schedules, rate libraries, and benchmark models

Responsibilities

Own the end-to-end property budgeting process—from assumptions through ownership approval—ensuring alignment with company financial planning standards and client requirements
Partner with Division Presidents and Shared Service leadership to establish annual budget strategies, timelines, and key performance targets
Define and enforce governance standards for budget creation, distribution, approvals, and change management
Lead annual post-mortem reviews to identify opportunities for refinement in assumptions, tools, and workflows
Oversee the design, development, and maintenance of all budget templates (Excel, RealPage, Vizibly, Yardi, Entrata, etc.) ensuring consistency and usability across property types and divisions
Partner with Systems, Data & Analytics, and Accounting to improve integrations between budgeting platforms, BI environments (DOMO/HelloData), and accounting systems
Evaluate and implement new technology solutions to automate reporting, streamline updates, and enhance real-time visibility into property performance
Provide executive-level analysis and insights into budget trends, revenue forecasting, and expense benchmarking
Maintain and refine standardized assumption schedules, rate libraries, and benchmark models to drive accuracy and consistency

Skills

Property Budgeting

Financial Planning

Real Estate Management

Budget Forecasting

Portfolio Management

Asset Living

Third-party property management for housing

About Asset Living

Asset Living specializes in managing various types of residential properties, including multi-family housing, campus housing, and affordable housing throughout the United States. The company provides a wide range of property management services, which encompass daily operations, maintenance, leasing, marketing, and financial management. This comprehensive approach helps property owners enhance their investments and achieve high occupancy rates. Unlike many competitors, Asset Living has a strong focus on diverse housing segments, allowing them to cater to different community needs effectively. With over 35 years of experience and a reputation for reliability, Asset Living aims to create thriving communities while delivering exceptional value to clients.

Houston, TexasHeadquarters

1986Year Founded

GROWTH_EQUITY_VCCompany Stage

Real EstateIndustries

501-1,000Employees

Risks

Rising interest rates may reduce demand for multi-family and affordable housing management.

Remote work trends could decrease demand for student housing management services.

Prefabricated construction trends may disrupt traditional property management models.

Differentiation

Asset Living is ranked No. 1 in student housing management for 14 years.

The company manages a diverse portfolio, including multi-family, student, and affordable housing.

Asset Living offers comprehensive property management services, enhancing client investment returns.

Upsides

Asset Living achieved a 95% occupancy rate in student housing, surpassing industry averages.

The company has a strong national presence, managing 100,000 units and 133,500 beds.

Asset Living's fundraising efforts align with social causes, enhancing its community reputation.

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