Demo

Fund Accounting Manager

The Mom Project
Arlington, VA Full Time
POSTED ON 2/7/2025
AVAILABLE BEFORE 3/7/2025
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

Responsibilities

Based in our Arlington, VA headquarters, the Manager of Fund Accounting is responsible for the Company’s reporting, disclosure and supporting regulatory and governance processes for the Company’s unconsolidated real estate investments. This role will oversee or perform the following tasks and any related analysis, including but not limited to:

  • Reporting of financial information for monthly, quarterly and annual investor packages and audited financial statements.
  • Coordination and planning for the respective annual audits and quarterly reviews (to the extent required) with the independent accountants, including preparation of timeline, coordination of requests, and issue resolution.
  • Oversight of monthly fund level close and consolidation.
  • Identification and resolution of accounting, reporting, disclosure and governance related to GAAP or tax accounting issues in coordination with Accounting Policy, Legal, Property Level Accounting, Operations or Tax.
  • Oversight of periodic equity contribution and distribution activity.
  • Assist in the preparation of Corporate external reporting for fund related disclosures.

Additional Job Functions

  • Preparing and maintaining process and associated internal control documentation for Sarbanes-Oxley.
  • Support the Finance, Operations and Tax teams for annual or ad hoc investor meeting materials and required compliance reporting.
  • Supporting ad hoc requests and projects from senior management.

Education

  • Bachelor’s degree in accounting
  • Master’s degree preferred

Experience

  • 4 years of relevant accounting experience.
  • Supervisory/team lead experience in an accounting/financial role.
  • Public accounting experience and CPA preferred.

Skills/Knowledge/Abilities

  • Corporate accounting experience with an understanding of the monthly close and reporting process.
  • Proven leadership skills and the ability to manage and develop staff.
  • Project management skills and accounting system knowledge.
  • Ability to problem solve independently while building relationships and working collaboratively at all levels of the organization.
  • Detail oriented self-starter willing to take ownership to develop and implement process enhancements & business solutions.
  • Written and oral communication skills including the ability to effectively communicate details of financial information prepared.
  • Computer skills and experience with pivot tables and Excel functions/formulas.
  • Strong initiative and ability to work independently.
  • Organizational, prioritization and time management skills are essential.

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 (https://jobs.avalonbay.com/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 (https://www.avaloncommunities.com/california-personnel-privacy-notice/)

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