Benefits

Job Description

Manager, Asset Management
Dallas Corporate Office
Dallas, Texas

Great people make great properties. As a shopping center developer of some of the nation’s best real estate in top markets, Macerich offers opportunities to work, grow and develop your unique talents. Apply now to help us shape the future of retail real estate while building a meaningful, rewarding, and balanced career.

The Position on our Team:

The Manager, Asset Management is responsible to oversee projects related to partnership relationships (joint ventures and 3rd party management contracts). In this capacity, the Manager, Asset Manager will interpret complex financial analysis provided by the Analyst and convey the information clearly to executives and partners, set expectations for partners, and provide recommendations to meet those expectations. In addition to their partnership responsibilities, the Manager, Asset Management will oversee and manage the Analyst’s work, verifying accuracy and ensuring deadlines are met.

This is a regular, full-time, and hybrid role with three days in-office and two days remote.

In This Role, You Will:

Review and oversee accuracy of the Analyst’s/Senior Analyst’s work.
Interface with partners and take ownership of partnership projects ensuring that all projects are completed timely and accurately.
Act as liaison between executive team and partners.
Prepare budgets for partnership properties at the micro and macro level; usher through the budgeting process to approval.
Interface senior management personnel.
Perform special projects and assigned analysis as directed.
Support annual and long range strategic planning process at the property level.
When required, perform the functions of the Analyst/Senior Analyst including:
- Prepare, analyze and develop financial reports for planning, forecasting, trending and variance analysis to actual results on business performance.
- Perform business, financial and operational analysis to impact results and support senior level decision-making.
- Perform analysis of properties’ profit and loss statements to enhance quality of management decision making by identifying drivers of performance and opportunities for performance improvement.
- Provide data regarding achievement of financial objectives and analyze business issues and opportunities.
- Prepare weekly/monthly commentary, key company initiatives, business results and analysis for senior management.
- Prepare complex business scenario models.
- Assist Financial Analyst’s development through knowledge transfer, skills training and other support as required.
All other duties as assigned.

What You Bring to Macerich:

Bachelor’s degree in finance, accounting, business or mathematics required.
5-7 years of financial analysis experience in real estate.
Basic understanding of the retail real estate business cycle including Development pro-formas, Entitlements, and Leasing.
Advanced PC skills including Microsoft Word and Excel and Argus.
Advanced degree, CPA or MBA preferred, but not required.
All applicants must be able to perform the essential functions of the position, including corresponding core job requirements, with or without a reasonable accommodation. Reasonable accommodations may be made to enable individuals with disabilities (and others in accordance with applicable law) to perform the essential functions of the job, consistent with applicable laws and Company policy.

Why You’ll Love Working with Us:

We know our people make us who we are, and we take pride in recruiting and retaining the best and brightest employees from all backgrounds. We recognize the value of strengthening our workforce with diverse thoughts, voices, ideas and people. This makes our company a rewarding and energizing environment to work in.

As an employee with Macerich, you will also benefit from the following:

Best-in-class benefits with affordable employee contribution levels.
Hybrid work schedule with the ability to work remotely two days per week.
Annual paid time off, including vacation time, 12 paid holidays and 80 hours of sick time annually.
Savings accounts for your future through 401K and Health Savings Accounts.
Participation in the Company stock program at a discount.
24 paid volunteer hours annually and employer charitable match benefit.
A sense of belonging fostered by wellness, satisfaction, diversity and inclusion.

Why Macerich

We create places where people come together. Macerich is reinventing the retail experience bringing together the best of shopping, dining, office, multifamily and experiences to meet the needs of the communities we serve. With 44 properties in some of the most vibrant, bustling cities across the country from New York to California, Macerich is setting the bar for transforming retail real estate into our vision for Regional Town Centers for everyone.

Our Culture of Belonging

At Macerich, we prioritize diversity, inclusivity, and equity, benefiting our employees, workplaces, and communities. We actively seek talented individuals from diverse backgrounds, recognizing the strength it brings. Our goal is to create a thriving, respectful environment that celebrates uniqueness and fosters learning. We are proud of our practices promoting equal employment and advancement opportunities. Macerich welcomes all qualified applicants, regardless of protected characteristics. For further details, refer to our Anti-Harassment, Discrimination, and Retaliation Policy. We provide reasonable accommodations for individuals with disabilities. Contact our People team for assistance.

We strive to be leaders in our industry by operating properties that prioritize responsible stewardship of our resources for the benefit of our tenants, guests, investors, employees, communities, industry partners and the planet. We are also committed to creating a diverse, inclusive, and equitable workplace where all employees can thrive. By prioritizing and investing in our employees, we create value for our workplaces and Regional Town Centers, as well as the communities we serve.

Financial Analysis

Asset Management