Property Accountant

Property Accountant

The Property Accounting team at Essex works directly with the Operations team to manage the financial activities of each residential community. The goal of the team is to ensure timely and accurate financial reporting. The Property Accountant position is responsible for the preparation of bank reconciliations, journal entries, balance sheet reconciliations and income and expense analytics. A candidate should have attention to detail and strong analytical, organizational, and written and verbal communication skills.

What You Will Do:

• Submit complete and accurate recurring and monthly Journal Entries.
• Reconcile and complete balance sheet account reconciliations.
• Have a solid understanding of sub ledger data and its impact on financial statements.
• Prepare bank reconciliations in a timely manner.
• Ensure the clearing of checks and deposits and receipts on a daily basis.
• Review the accuracy and completeness of monthly rent postings.
• Research, analyze and provide meaningful and accurate information and report as required.
• Work with the team lead to provide variance explanations and account information is required.
• Communicate professionally with community managers.
• Assist with other ad hoc requests and reports as needed.
• Assist in preparing Joint Venture Reporting and its requirements.
• Ensure that checks received are timely deposited to the bank and to the correct bank account.
• Assist with internal and external audit requests as needed.

What You Will Need:

• Bachelor's degree from four-year college or university in accounting or related field.
• 3 + years of multi-family property management accounting experience or relevant real estate accounting experience.
• Yardi experience preferred.

What The Job Requires:

• Work is primarily conducted in an office setting. Requires sitting at a desk or workstation for extended periods. Involves the use of standard office equipment such as computers, phones, and printers.
• Operates in a fast-paced work setting. Requires the ability to multitask and adapt quickly to changing priorities. May involve tight deadlines and high-energy work situations.
• This role demands availability for five days each week, with the potential for including weekends in the schedule as necessary.
• Requires the ability to sit or stand for extended periods. Minimal physical effort in the day-to-day tasks.
• The position includes in-person work requirements consistent with the hybrid policy located at Essex's corporate offices in Woodland Hills. The hybrid policy is subject to change at Essex's sole discretion.
• This role does not require any travel; work is primarily conducted at the office.

What You Will Bring To The Table:

• Ability to comprehend and interpret instructions, short correspondence, and ask clarifying questions to ensure understanding. Ability to write routine reports and correspondence. Ability to respond to common inquiries or complaints from clients, co-workers, and/or supervisor.
• Ability to understand and carry out general instructions in standard situations. Ability to solve problems in standard situations. Requires basic analytical skills.
• Decisions made with general understanding of procedures and company policies to achieve set results and deadlines.

All full-time regular associates are offered competitive salaries, experience career growth, and are eligible for benefit packages that include medical, dental, vision, paid parental leave, 401k employer match, excellence rewards, wellness programs, and much more. With our 12 paid holidays and 15 PTO days, work/life balance is a priority! Additionally, most positions are eligible for a housing discount of 20%.

Essex provides great communities in which to live, work and invest. We are a purpose-driven company, and we pride ourselves on promoting an internal culture of growth and opportunity by engaging, enabling, and empowering our teams. Working at Essex is not a destination. It is a journey where you can confidently build your career.

New hires generally start between $73,000.00 - $89,000.00 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 that is commensurate with the level of the position.