compensation: Competitive salaries, full benefits employment type: full-time
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COMPANY: Essex Property Trust (NYSE: ESS), an S&P 500 company, is fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast communities. For details, please refer to company website: http://www.essex.com.
RESPONSIBILITIES: As an integral member of the Finance team reporting to a senior finance executive, this role is responsible for asset management and day to day oversight of a $4BN multifamily portfolio. Specific responsibilities include:
Understand Partnership & Management Agreements in order to manage the day to day affairs of the Partnership and execute the approved business plan.
Review and analyze operating results, tour properties and work with Operations team to understand and communicate asset performance relative to the market.
Work with the Redevelopment team to review and assess capital expenditure plans, including value-add renovations to maximize property performance and cash flow.
Perform financial analysis and prepare comprehensive asset plans, including modeling cash flow and financing plans to optimize portfolio returns.
Manage the annual operating budget review and approval process with internal team and external investors.
Produce asset and financial performance reports and market updates for investors.
Manage and support general department activities, including investment materials both for internal and external constituents.
QUALIFICATIONS: The successful candidate will have a high growth potential with a proven track record in the following:
Minimum 5 years of experience in the real estate industry required. Experience in asset management, portfolio management, or regional property management in the multifamily sector preferred.
Strong analytical, organizational, attention to detail and accuracy, written and verbal communication skills.
Self-motivated with strong interpersonal skills and effective collaborative working style.
Bachelors degree required.
COMPENSATION: We offer an exciting opportunity to grow and develop with a well- established firm along with an attractive compensation package comprised of a base salary and annual performance incentive.
For regular full-time associates regularly scheduled to work at least thirty (30) hours per week:
• Medical, Dental, Pre-tax flex plan, Basic life insurance, Supplemental life, Short- and long-term disability, Accidental death insurance plans.
For part-time and full-time associates:
• Employer-matching 401(k) plan that offers financial planning and independent brokerage services.
• Wellness Program, 24-hour Employee Assistance, Service awards and Paid time-off.