Construction and Development Staff Accountant II

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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

The Construction & Development Staff Accountant will be responsible for completing on a timely basis, the community financial statements for an assigned number of construction and reconstruction communities.

Duties

• Perform month-end accounting close for each community.
• Verify that all property job cost and general ledger accounts reconcile to supporting schedules.
• Generate monthly property financial statements for assigned communities, including preparation of journal entries, operating statement, balance sheet, and supporting schedules.
• Prepare monthly variance analysis and job cost reports.
• Investigate and resolve outstanding financial items for assigned communities.
• Review Development commitments and insurance certificates for compliance with policy.
• Review and code Development and Overhead invoices accurately and timely.
• Prepare monthly wire transfer and ACH payments.
• Participate in special projects to improve efficiencies.
• Additional duties and projects as assigned by management.

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Additionally, the requirements listed below are representative of knowledge, skills and or ability required.

• Undergraduate Degree in Accounting from an accredited business school.
• 0-1 years of related work experience.
• Excellent communication skills (both verbal and written).
• Strong ability to work under pressure and independently.
• Demonstrates the ability to develop strong analytical skills.
• Working knowledge of Microsoft Excel and Word.
• Real Estate background desired but not required.
• Possess a strong customer service focus.
• Experience with Workday a plus.
• Willing to work on a flexible schedule (some overtime required).

How AvalonBay Supports You

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/)