Supervisor, Property Accounting

Essex Property Trust•Woodland Hills, CA

4d•Hybrid

About The Position

The Property Accounting team plays a critical role in supporting Essex's residential communities by partnering closely with Operations to ensure accurate, timely, and insightful financial reporting. As the Supervisor, Property Accounting, you will lead a team of Property Accountants responsible for the financial oversight of a diverse portfolio of multifamily communities. This role combines people leadership, technical accounting expertise, and cross-functional collaboration to drive operational excellence and financial accuracy. The Supervisor serves as a key liaison between Accounting and Operations, guiding the month-end close process, reviewing financial results, identifying and resolving variances, and ensuring compliance with accounting policies and U.S. GAAP. In addition to developing and mentoring team members, this position partners with leadership on process improvement initiatives, reporting, audits, budgeting activities, and strategic projects that support the company's continued growth and success. This is an excellent opportunity for an experienced accounting professional who thrives in a fast-paced environment, enjoys developing teams, and is passionate about delivering high-quality financial results while fostering strong business partnerships across the organization.

Requirements

Bachelor's degree (B.A./B.S.) from a four-year college or university in accounting or related field.
5+ years of accounting experience required.
Solid knowledge of US GAAP.
Ability to review work of accounting staff and provide team the necessary resources to complete their work effectively and efficiently.
Ability to make accurate and timely decisions.
Requires intermediate analytical and quantitative skills.
Decisions made with thorough understanding of procedures, company policies, and business practices to achieve general results and deadlines.
Responsible for setting work unit and/or project deadlines.

Nice To Haves

Experience with public accounting firm preferred.
CPA certification preferred.
Yardi experience Preferred
Supervisory and project management experience with a focus on residential Property management Accounting strongly preferred (Gross Potential rent, etc.)

Responsibilities

Supervise the day-to-day duties of a team of Property Accountants, providing feedback and one-on-one coaching as necessary, and approving timecards.
Directly responsible for all communications with lead operational management including fielding and responding to questions directed to the Property Accounting team.
Prepare and review journal entries as they relate to the month end close.
Have a solid understanding of sub ledger data and its impact on financial statements.
Review financial statement variances during month-end and ensure that accounting transactions are complete, and balances are accurate.
Coordinate, direct and guide the team to research items and to properly explain variances.
Reviews balance sheet account reconciliations, including ensuring that outstanding items are cleared in a timely manner.
Review bank reconciliations in a timely manner, including reporting any unusual bank transactions, invalid disbursements, withdrawals, transfers, other issues and policy violations.
Work closely with accounting management on process improvement projects.
Assist with internal and external audit requests as needed.
Assist with other ad hoc requests and projects as needed.
Review the accuracy and completeness of monthly rent postings.
Assist with the preparation of accounting & management reports for executive distribution.
Assist with annual budgeting as needed.
Provides formal supervision to associates within single functional or operational area.
Recommends staff recruitment, selection, promotion, advancement, corrective action and termination.
Plans and monitors appropriate staffing levels and utilization of labor, including overtime.
Prepares and delivers performance appraisal for staff.
Mentors and coaches team members to further develop competencies.
Leads by example and models behaviors that are consistent with Essex's values.
Ability to respond effectively to sensitive issues.
Ability to write reports, manuals, speeches and articles using distinctive style.
Ability to make effective and persuasive presentations on complex topics to employees, clients and/or public groups.
Ability to motivate and negotiate effectively with key employees and client groups to take desired action.
Ability to comprehend, analyze, and interpret documents.
Ability to solve problems involving several options in situations.