Accounting Manager

Accounting Manager

Position Type : Full time

State : Virginia

City : Virgina Beach

Zip Code : 23452

Overview

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.

The Role

We are seeking a qualified Accounting Manager to lead our accounting team and ensure accurate financial reporting and operational efficiency. Key responsibilities include managing general ledger activities, variance analysis, and subsidiary ledger reconciliations, as well as supporting process improvements and partnering with community operations and corporate leadership.

The ideal candidate is detail-oriented, deadline-driven, and experienced in team leadership and financial analysis.

• Manages all personnel duties including recruiting, scheduling, work assignments, training, coaching and development as well as performance appraisals.
• Reviews analytics and variance explanations for revenue, expense and balance sheet accounts prepared by associates.
• Serves as a subject matter expert in assigned accounting section and related systems, analytics, policies, and procedures. Sections include debt and bank reconciliations, expense and utilities, and revenue (fixed assets / depreciation and intercompany).
• Acts as accounting liaison with community and corporate management, other departments, and third-party vendors.
• Evaluates and understands financial transactions, systems and related industry practices or terms.
• Develops an expertise in systems for GL, AP, AR, Fixed Assets, and vendor websites.
• Evaluates, develops, and documents accounting procedures, policies, and controls.
• Approves disbursements and evaluates agreements for reporting / payment obligations.
• Oversees and monitors resolution of utility invoice exceptions and customer service requests.
• Evaluates and implements process improvements and efficiencies.
• Assists with internal or external audits as assigned.
• Manages the monthly and mid-month timeline for a team of accountants to ensure timely and accurate financials with variance explanations and related account reconciliations.
• Willingness to work flexible hours.
• Possesses ability to work under strict deadlines and pressure.
• Analyzes general ledger account activity, balances, and variances.
• Train new staff members and prepare or review special projects.
• Review monthly, quarterly, and annual reporting prepared by staff and senior accountants for over 300 properties
• Compile and / or review financials reports and analyses which are shared with Controller and Corporate
• Review and Post journal entries.

Minimum Job Requirements :

This position will be located out of our Virginia Beach, VA office This is not a fully remote position.

How AvalonBay Supports You

We know that our teams are the beating heart of our success and we're committed to showing our appreciation.

We offer :

Comprehensive benefits - health, dental and vision, 401(k) with company match, paid vacation and holidays, tuition reimbursement, an employee stock purchase plan and more. Click on Benefits () for information.

Growth based on achievement and promotion from within.

Associate recognition (a company-wide recognition program that celebrates associate efforts and successes in contributing to the overall success of the organization - including destination awards, 'AvalonBay's Very Best' recognition program and others!).

A 20% discount on our incredible apartment homes.

A culture built on purpose and our core values - A Commitment to Integrity, A Spirit of Caring, and A Focus on Continuous Improvement.

Additional Info

AvalonBay is proud to be an equal opportunity employer and is committed to an inclusive and diverse work environment free of discrimination and harassment. We believe that in order to achieve our purpose of creating a better way to live, we must recruit, develop and retain associates with a wide range of backgrounds, experiences and perspectives and create an environment that encourages all voices to be heard, understood and appreciated. With this we know we can do great things.

AvalonBay makes employment decisions without regard to a person's race, ethnicity, color, religion, sex, national origin, sexual orientation, gender identity, pregnancy (including childbirth, lactation or related medical conditions), age, physical or mental disability, genetic information (including characteristics or testing), citizenship status, military or veteran status, or any other status protected by the law.

For California residents, if you elect to apply to AvalonBay you accept the AvalonBay California Personnel Privacy Notice ()