Director, Asset Management

Easterly Government Properties, Inc. ("Easterly" or the "Company") is a publicly traded Real Estate Investment Trust (REIT) focused primarily on the acquisition, development and management of Class A commercial properties that are leased to U.S. Government agencies.

• The Director of Asset Management is responsible for the overall operational and financial performance of their assigned portfolio of assets
• Works collaboratively with the Head of Asset Management Operations (direct supervisor) to achieve corporate asset management financial objectives and deliver value to shareholders
• Ensures operational compliance with SEC, Sarbanes-Oxley, and REIT regulation
• As required, coordinates and assists other departments, including Accounting, Acquisitions, Development, and Corporate Finance in support of their operations to achieve corporate objectives

• With general oversight from the Head of Asset Management Operations, develop and achieve strategic asset business plan goals for assigned portfolio of assets by:
• Controlling operating expenses
• Forecasting revenue streams in accordance with lease terms
• Analyzing and evaluating all leasing / releasing activities
• Developing capital plans for all building systems and equipment
• Annually, develop 5-year operating budgets supporting optimized building operations
• Create and maintain 5-year capital plans tracking contractual and general maintenance requirements to ensure long-term health and performance of assigned portfolio
• Prepare budget reforecasts, as required, to support corporate finance objectives
• Prepare detailed financial analyses to support recommendations to Senior Management on significant operational issues, capital expenditures, leasing activities, or other strategic initiatives

• On-board and manage lease novation process for newly acquired / constructed assets
• Responsible for all aspects of lease administration, including, but not limited to:
• Maintain compliance with all lease terms
• Ensure accurate and timely revenue collections
• Cultivate positive, long‑term relationships with all tenant points of contact
• Maintain internal electronic lease files and abstracts
• Manage tenant disputes and claims
• Responsible for all aspects of building operations, including, but not limited to:
• Conduct periodic physical inspections of portfolio
• Ensure optimal building system performance
• Contract and oversee on‑site personnel, such as property managers (internal and third‑party), building engineers and vendors, in the operations of the building
• Collaborate with on‑site personnel to troubleshoot issues and determine the best solution to resolve the issue
• Manage expenses in accordance with approved operating budgets
• Execute approved capital reinvestment projects
• Maintain compliance with all property‑level loan covenants and restrictions
• Oversee all matters related to real estate taxes and appeals
• Support the Vice President of Leasing in the pursuit of all leasing activities within portfolio
• Serve as project management executive for lease renewal tenant improvement and reimbursable projects:
• Assemble project delivery team, including architects, general contractors, and any other required vendors
• Negotiate pricing and contracts for construction services
• Review, provide guidance, and approve architectural and mechanical plans
• Ensure all projects are completed on‑time and on‑budget
• Weekly, provide portfolio overview of activities to Senior Management to review any new or ongoing issues that require Senior Management attention
• Monthly, report to Senior Management on property level financial performance, with comparative analyses to budget, pro forma, previous operating history, and any other metrics as requested by Senior Management
• Monthly, report to Senior Management on the status of tenant reimbursable projects and approved capital projects
• Periodically, coordinate with Property Accounting on month‑end closing activities, to include invoice approvals, expense accruals, variance reporting, etc.
• Periodically, coordinate with the Finance and Operations team to create and review the analyses that support the quarterly earnings…