New

VP, Property Budgeting

Houston, TX

Company Overview 

Asset Living is a third-party management firm with a proven partner in fostering thriving communities nationwide. Founded in 1986, Asset Living has decades of experience delivering exceptional value to our partners. Since the beginning, our undeniable passion has driven our organic growth from a small property management firm to one of the most trusted allies in real estate. Asset Living's growing portfolio includes a multitude of properties across the country that span the multifamily, single-family home rentals, affordable housing, build-to-rent, active adult, and student housing divisions.   

Asset Living is a fast-growing company made up of talented individuals from diverse backgrounds that differentiate us and help us drive innovation and results for our clients and communities across the US. At Asset Living, we wholeheartedly believe 'Together We Lead, Together We Succeed. We empower each other to lead by example, collaborate, and evolve – inspired by our belief that we can continually improve as individuals and as an organization. Together, we create an environment where every voice is heard, every idea is valued, and every individual experiences opportunities to grow as our company grows. When you join Asset Living, you become part of a dynamic team that thrives on unity, unique talents, and a universal culture of winning.    

Recognized as one of the nation's Best and Brightest Places to Work and ranked in the NMHC top 50 professionals, join Asset Living because of its reputation as the most trusted partner in real estate, workplace culture, and growth opportunities. Asset Living is a member of The Institute of Real Estate Management (IREM) and is recognized as an Accredited Management Organization (AMO). Together, we lead the way, and together, we achieve excellence in all that we do. Join a workplace where success is a collective journey and leadership is a shared responsibility.   

Vice President, Property Budgeting

The Vice President of Property Budgeting leads the design, execution, and continuous improvement of Asset Living’s property budgeting framework across all portfolios. This leader ensures that annual and mid-year budgets are accurate, timely, data-driven, and aligned with company financial goals and client expectations. The VP serves as a strategic partner to Operations, Accounting, Finance, and Shared Services leadership—driving standardization, transparency, and efficiency through process innovation, system optimization, and team development.

Key Responsibilities

Strategic Leadership & Process Governance

· 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.

Systems, Data, & Tools Administration

· 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.

Financial Planning & Analysis

· 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 across all portfolios.

· Develop and distribute management reports summarizing portfolio performance, variance trends, and key financial insights for leadership and ownership groups.

· Partner with Finance and Accounting to ensure budget alignment with financial statements and audit requirements.

Client Communication & Governance

· Oversee delivery of client-ready budget packages, assumption summaries, and presentation materials.

· Ensure transparent communication with ownership regarding methodology, key drivers, and year-over-year changes.

· Support regional and executive leadership in budget reviews and client presentations, providing data-backed explanations and recommendations.

Billback & Accounting Alignment

· Lead monthly creation and validation of billback files, ensuring accuracy and timeliness.

· Partner with Accounting to reconcile budgeted vs. actual allocations for shared services, management fees, and operating programs.

· Support audit processes related to property budgets, fee schedules, and ownership reporting.

Team Leadership & Development

· Lead, mentor, and develop a high-performing team of Budget Analysts, Coordinators, and System Administrators.

· Foster a culture of continuous improvement, innovation, and collaboration across cross-functional partners.

· Partner with Learning & Performance to deliver training and certification programs for property and regional teams participating in the budgeting process.

Qualifications

· Bachelor’s degree in Finance, Accounting, Business Administration, or a related field (Master’s degree preferred).

· 7+ years of progressive experience in budgeting, FP&A, or financial systems management within the multifamily or real estate industry.

· Proven success in leading cross-functional budgeting initiatives involving large, distributed portfolios.

· Expertise in financial modeling, variance analysis, and scenario planning.

· Strong knowledge of RealPage, Yardi, Entrata, and related budgeting systems; experience with BI tools such as DOMO or HelloData preferred.

· Exceptional communication, facilitation, and executive presentation skills.

· Demonstrated ability to manage competing priorities, drive accountability, and deliver results under tight deadlines.

This job description should not be considered all-inclusive. It is merely a guide of expected duties. The employee understands that the job description is neither complete nor permanent and may be modified at any time. At the request of their supervisor, an employee may be asked to perform additional duties or take on additional responsibilities without notice.

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