Job Description

AvalonBay Communities, Inc., an equity REIT, has a long-term track record of developing, redeveloping, acquiring and managing distinctive apartment homes in some of the best U.S. markets, and delivering outsized, risk-adjusted returns to shareholders. With equal parts experience and vision, we’ve established a leadership position rooted in our purpose of creating a better way to live and that is always focused on building value for the long term. Creating a better way to live is the purpose that binds AvalonBay associates. We take that purpose seriously and expect you will as well. By focusing on collaboration, innovation, and taking ownership of our choices and actions, we act in ways that focus on creating value for our customers, investors and associates. Your positive, professional, and consistent personal interactions make AvalonBay a great place to work. Essential Duties: Bachelor’s degree in accounting or related field required. At least 3 years of applicable experience in accounting required. Train and coach new or seasoned associates. Review staff accountants’ work and variance explanations to ensure monthly reporting and operational deadlines are met by assisting RS Accounting Manager in coordinating departmental activities. Performs operational activities to support AvalonBay business functions, such as operating revenue and expense variance analysis, process journal entries, and reviewing staff level work. Manage the Fixed Asset system, capitalization policies, depreciation calculations and analytics. Manage Utilities including accruals, payments, exceptions, and relationships with vendors and Corporate. Review intercompany balances and approve billback wires. Oversee all Debt and third-party payments, accruals, lender reporting, analytics, and document compliance. Report to lending institutions and/or joint venture partners. Assist with internal and external audits. Provide asset acquisition and disposition support. Assess financial risk for prospective retail tenants. Review agreements and contracts to ensure compliance in reporting and payment obligations. Effectively create and utilize system reports from GL, AR, and vendor websites. Respond to financial inquires and requests from AvalonBay business units. All other tasks as assigned by the manager. Knowledge, Skills & Abilities: Demonstrated ability to train, coach and mentor staff. Prior experience in reviewing and critiquing other associates’ assignments. Excellent communication skills (both written and verbal). Strong knowledge of Microsoft Office products. Advanced Excel skills required. Good time management and organizational skills. Ability to work under strict deadlines. Ability to work in a team environment. Strong analytical skills. Strong sense of teamwork and work ethic. Willingness to work flexible hours (overtime may be required). Strong customer focus.

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