AvalonBay Communities

  • Fund Accountant

    Posted Date 4 days ago(7/11/2018 10:24 AM)
    Job ID
    Experience (Years)
    Position Type
    Full Time
    Job Type
  • Overview

    AvalonBay is proud to be named one of Glassdoor's Best Places to Work in 2018.


    AvalonBay Communities, Inc. is one of the nation's leading Real Estate Investment Trusts (REIT's), in the business of developing, redeveloping, acquiring and managing quality apartment communities in high barrier-to-entry markets of the United States. These markets are located in the Northeast, Mid-Atlantic, Pacific Northwest and Northern and Southern California regions of the country. We currently own and operate approximately 80,000 apartment homes in the US and employ approximately 3,000 associates. We are currently searching for a Fund Accountant to be based at our Corporate Headquarters in Arlington, VA.

    The Role

    Essential Job Functions:



    Perform monthly analysis and close activities, including but not limited to: 

    • Prepare and post journal entries for Fund corporate business units monthly and quarterly close processes
    • Perform a detailed review and analysis of Fund general ledgers and associated subledger schedules
    • Prepare Fund monthly and quarterly partner distribution calculations
    • Reconcile Fund general ledger accounts including related party activity

    Support the external reporting processes, including but not limited to:

    • Prepare Quarterly Investor Reporting Packages, including financial statements, community level performance and operating metric reports, and other associated schedules
    • Assist with preparation of year-end financial statements
    • Support annual audit process for fund and corporate audits

    Additional Job Functions:

    • Prepare and maintain process documentation
    • Assist with the annual appraisal process
    • Support other ad hoc requests and projects from investors and management



    You Have...

    Experience & Education

    • BS in Accounting from an accredited university;
    • 2 years practical experience preferred;
    • Public accounting experience preferred;
    • CPA preferred


    • Solid accounting background with an understanding of the monthly close and reporting process.
    • Excellent written and oral communication skills including the ability to effectively communicate details of financial information prepared to investors.
    • Excellent computer skills with the ability to prepare ad-hoc financial reports. Experience with pivot tables and Excel functions/formulas a plus.
    • The ability to build relationships and work collaboratively at all levels of the organization.
    • Detail oriented self-starter willing to take ownership of assignments and develop and implement process enhancements & business solutions.
    • Ability to research and analyze transactions, ensure appropriate accounting treatment, and propose solutions for any adjustments necessary.
    • Strong initiative and ability to work independently and able to proactively reach out for guidance as needed
    • Organizational, prioritization and time management skills are essential.
    • Excellent customer service and leadership skills


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