Avalon Bay-posted 4 months ago
Full-time • Entry Level
Arlington, VA
1,001-5,000 employees
Real Estate

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.

  • Analyze utilities expense and consumption data on a monthly basis to identify trends and areas of improvement for the entire portfolio.
  • Proactively troubleshoot utility expense, reimbursement, and consumption issues on behalf of the Operations team and explain variances on financial statements surrounding utilities.
  • Provide data to support the annual program operating budgets and subsequent reforecasts. Review for accuracy and precision.
  • Develop new analytics, financial reports and maintain existing reports.
  • Collaborate with various departments including Accounting, FP&A, and ESG, to identify, document and evaluate process and NOI improving opportunities.
  • Assist in the preparation of quarterly Utilities update for Senior Leadership that includes high level talking points for investor calls on relevant, utility-related issues.
  • Assist in the preparation of annual Utility budget memos that document budget inputs, facts, and assumptions to be distributed to the Operations team.
  • Work with utilities management vendor to identify and execute on utility expense saving initiatives.
  • Identify value add opportunities within assigned program(s).
  • Bachelor's degree in Business, Accounting, or Finance required.
  • Minimum two years' experience, in internal of financial auditing, financial analysis, or analytical role.
  • Very strong analytical skills, including financial analysis, variance analysis.
  • Ability to manage workload, establish priorities, and coordinate work activities.
  • Ability to develop efficient and effective processes that impact the entire organization.
  • Follow established policies and procedures in compliance with Generally Accepted Accounting Principles (GAAP).
  • Ability to manage relationships with various vendors.
  • Excellent communication and presentation skills, with the ability to communicate to diverse group of stakeholders.
  • Knowledge of computer systems and applications with a demonstrated aptitude with MS Excel.
  • Energy industry experience or background in sustainability or environmental policy is preferred.
  • Real estate or multi-family industry experience is a plus.
  • Comprehensive benefits - health, dental and vision.
  • 401(k) with company match.
  • Paid vacation and holidays.
  • Tuition reimbursement.
  • Employee stock purchase plan.
  • 20% discount on apartment homes.
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