Reinvestment Analyst

Essex Property Trust•Los Angeles, CA

22h•$94,000 - $117,000•Hybrid

About The Position

The Reinvestment Senior Analyst is vital to the success of our Asset Management Department. The department's aim is to enhance FFO growth by maximizing property cashflows and investment returns. This is achieved by optimizing each asset's earning potential, minimizing expenses, identifying optimal usages, and reducing liabilities and risks. The Senior Analyst supports our team by focusing on reporting, data analysis, and the underwriting of capital projects to develop effective strategies for asset management.

Requirements

Bachelor's degree from a four-year college or university in real estate, finance, accounting, economics or related field required.
2+ years of experience in real estate and financial planning & analysis is required.
Proficiency in creating and analyzing complex pivot tables for data reporting and insights.
Strong proficiency in Microsoft Excel and PowerPoint.
Advanced Excel modeling skills, including financial projections and scenario analysis.
Strong financial literacy with the ability to interpret and analyze income statements, balance sheets, and other financial documents.
Detail-oriented, analytical and problem-solving skills.
Strong written and oral communication skills, interpersonal skills, and ability to work well with others.

Nice To Haves

Experience in multifamily real estate is highly preferred.
Proficiency in creating structured reports utilizing automated toolsets (PowerQuery, Excel macros, and/or data modeling) highly preferred.

Responsibilities

Support the Asset Management team by reporting, analyzing, and forecasting property financials.
Synthesize data to aid in the formulation of strategic asset plans.
Develop and maintain excel models and dashboards to guide capital allocation decisions.
Collaborate with business end-users to create compelling visualizations reflecting various KPIs and financial performance.
Create detailed financial models for capital investments and assist in underwriting projects that generate revenue.
Prepare both routine and special reports and presentations for senior management that provide insight and support decision-making processes.
Build and maintain effective working relationships with internal departments to ensure the achievement of key objectives.
Gather and analyze market data to prepare comprehensive market analyses.
Maintain understanding of local markets (competition, supply pipeline, demand drivers, major points of interest, market absorption).