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Property Operations Analyst in Los Angeles, California at Prime Residential Property Management LP

NewSalary: $10000 - $110000Job Function: General Business
Prime Residential Property Management LP
Los Angeles, California, 90036, United States
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Job Description

Description:

The Opportunity

Prime Residential is looking for a Property Operations Analyst to join the team at Park La Brea, a 4,249-unit community in Los Angeles and one of the largest properties in our West Coast portfolio.

As Property Operations Analyst, you help leaders at Park La Brea understand operational results, spot variances, and act on key property operations priorities, including revenue, occupancy, delinquency, work orders, purchase orders, controllable expenses, and other above-the-line operating metrics. Reporting to the VP, Property Management, you own the variance analysis for property operations: identifying where results differ from expectations, following up on the drivers, and explaining what is behind them across operating metrics.

You will partner closely with Property Management, Property Accounting, Asset Management, and Centralized Services to interpret reported results, pinpoint operational drivers, and ensure timely follow-up on items that affect property performance. In short, you are the operations-focused partner who turns property activity and reported results into clear variance explanations, practical follow-up, and actionable insight for operational leaders.

What You Will Do

  • Own property operations KPI variance reporting for Park La Brea across revenue, occupancy, delinquency, work orders, purchase orders, and controllable expenses, with clear commentary on actual results versus budget, forecast, and prior period.
  • Analyze above-the-line operating results, identify variances and trends, and explain the drivers to the VP, Property Management and the operations management team.
  • Research material variances with operations leaders, property team members, Property Accounting, and Centralized Services to identify root causes and required follow-up, and distinguish accounting close items from operational performance drivers.
  • Support monthly operating reviews with variance schedules, trend summaries, and follow-up items, and track operational and capital project spend against budget, flagging risks or overruns early.
  • Prepare and support property budgets and periodic forecasts, gathering operating assumptions, validating inputs, and tying variance explanations back to current and expected property performance.
  • Own the accuracy of pre-bill each cycle and of utility billing, validating charges with property operations and the third-party utility provider before they reach residents.
  • Support resident ledger accuracy, delinquency tracking, Final Account Statements, and the Centralized Services collections handoff, researching and resolving discrepancies with property management and accounting.
  • Ensure the accuracy, completeness, and integrity of financial and operational data, and manage confidential information with discretion and integrity.
Requirements:
  • 2+ years of experience in property operations, financial analysis, resident accounting support, property management, or a related field.
  • Advanced Microsoft Excel skills (modeling, pivot tables, lookups) and strong overall MS Office proficiency.
  • Strong analytical and critical thinking skills with high attention to detail.
  • Effective communication skills (oral, listening, and written) and the ability to present operational and financial information clearly to finance and non-finance partners.
  • Ability to prioritize, multitask, and meet recurring reporting deadlines, with discretion and integrity in handling confidential financial information.
  • Valid driver’s license for the purpose of operating a community or company vehicle.
  • Authorized to work in the United States.

Preferred

  • BS/BA degree in Finance, Accounting, Economics, or a related field, or equivalent relevant experience.
  • Experience with property management / accounting software (e.g., RealPage, Yardi).
  • Multifamily real estate or property operations experience.
  • Experience building dashboards or automating recurring reporting.
  • Experience with resident accounting, billing, or collections (accounts receivable) in a multifamily or property-operations setting.

The Hiring Process

  1. Submit your application through this posting
  2. Introductory call with Prime's Senior Talent Acquisition Specialist
  3. Virtual interviews with the VP, Property Management and Asset Management
  4. Take-home exercise to demonstrate your analytical approach
  5. On-site visit to Park La Brea, including a presentation of your exercise with the team
  6. Offer extended

Compensation and Benefits

Target pay: $100,000 - $110,000 annually + discretionary bonus. The pay range for this position reflects what we reasonably expect to compensate for this role; individual compensation is based on experience, education, skillset, and geographic location, and the range is reflective of the intended regional labor market.

What We Offer:

  • Generous Benefits: Comprehensive medical, dental, vision, and RX plans.
  • PTO: Standard PTO plus 11 company holidays, 2 floating holidays, 1 birthday day-off, and 1 volunteer day-off.
  • Retirement: 401k match up to 4%.
  • Career Growth: Prime Academy provides various development opportunities by position including foundational skills, technical skills, leadership essentials, and more.
  • Education: Tuition reimbursement for continuous learning.
  • Employee Housing Discount: Housing discount offered at Prime Residential properties.

JOIN OUR TEAM: If you are a dedicated professional with a passion for excellence and customer service, we would love to hear from you! Apply now to join Prime Residential and contribute to our vibrant community.


Privacy Notice: https://www.primegrp.com/ccpa-info-current-and-prospective-employees/

At Prime Residential, we celebrate and support diversity for the benefit of our employees, our business, and our community.

Prime is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status. Prime is also committed to compliance with all fair employment practices regarding citizenship and immigration status and, where applicable, pursuant to the San Francisco Fair Chance Ordinance, we will consider qualified applicants with arrest and conviction records.

Regarding Prime Residential's Compensation Philosophy: The pay range for this position refers to what we reasonably expect to compensate for this role. Individual compensation is based on various factors, including experience, education, skillset, and geographic location. The specified range is reflective of the intended regional labor market.


Job Location

Los Angeles, California, 90036, United States

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