Senior Analyst, Reinvestment
Irvine, California – Regular position at the Irvine Regional Office (Derian)
About the role
The Reinvestment department enhances FFO growth by maximizing property cashflows and investment returns through optimizing each asset’s earning potential, minimizing expenses, identifying optimal usages, and reducing liabilities and risks. The Senior Analyst supports the team by focusing on data analysis, reporting, and underwriting of capital projects to develop effective reinvestment strategies.
Responsibilities
- Support the Reinvestment team by reporting, analyzing, and forecasting financial performance.
- Synthesize data to aid in the formulation of investment strategies.
- Develop and maintain Excel models and Power BI dashboards to guide capital allocation decisions.
- Collaborate with business end-users to create compelling visualizations reflecting various KPIs.
- 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.
- Gather and analyze market data to prepare comprehensive market analyses, including competition, supply pipeline, demand drivers, major points of interest, and market absorption.
- Build and maintain effective working relationships with internal departments to ensure the achievement of key objectives.
Requirements
- Bachelor’s degree from a four-year college or university in real estate, finance, accounting, and/or economics.
- Minimum 2-3 years of experience in financial planning & analysis.
- Experience in multifamily real estate is highly preferred.
- Proficiency in creating and analyzing complex pivot tables for data reporting and insights.
- Proficiency in creating structured reports utilizing automated toolsets.
- Strong proficiency in Microsoft Excel, PowerPoint, and Power BI.
- 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.
Work Environment
- Operates in a fast-paced work setting with the ability to multitask and adapt quickly to changing priorities.
- May involve tight deadlines and high-energy work situations.
- Primarily conducted in an office setting, requiring sitting at a desk or workstation for extended periods.
- Involves the use of standard office equipment such as computers, phones, and printers.
- Requires the ability to work Monday through Friday, with in-person office requirements for a minimum of 4 days per week consistent with the Company’s hybrid policy, located at Essex's corporate offices in Irvine or Woodland Hills.
- Requires the ability to sit or stand for extended periods with minimal physical effort in day-to-day tasks.
- Regular travel to various locations for asset visits, meetings, projects, client visits, or on-site work.
Skills
- Excellent written and verbal communication skills.
- Strong organizational and analytical skills.
- Ability to provide efficient, timely, reliable, and courteous service to stakeholders.
- Ability to effectively present information.
- Ability to comprehend, analyze, and interpret documents.
- Ability to solve problems involving several options in situations.
- Intermediate analytical and quantitative skills.
- Decisions made with thorough knowledge of procedures and company policies to achieve set results and deadlines.
- Responsible for setting own project deadlines.
Benefits
- Competitive salaries and career growth opportunities.
- Medical, dental, vision, and paid parental leave.
- 401k employer match.
- Excellence rewards and wellness programs.
- 12 paid holidays and 15 PTO days.
- Housing discount of 20% for most positions.
Pay
New hires generally start between $83,000.00 - $102,000.00 per year. The final salary offer will be determined after reviewing relevant factors, including but not limited to skill sets, relevant experience, internal equity, and other business and organizational needs. This role is also eligible to participate in Essex’s discretionary Annual Bonus program.