Manager, Asset Management

AvalonBay Communities • Arlington, TX

19d

About The Position

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 Manager, Asset Management AvalonBay Communities is hiring a Manager of Asset Management to support a portfolio of apartment communities across the Mid-Atlantic and Southeast. In this role, you’ll provide financial analysis, reporting, and operational support that helps drive property performance and long-term value. You will partner with internal teams across Investments, Development, Construction, Operations, Finance, and ESG to monitor performance, prepare analyses, and ensure smooth execution of asset management processes.

Requirements

• BA/BS in Finance, Real Estate, or related field
• 2–4 years in real estate, asset management, or property management (multifamily experience preferred)
• Strong financial and analytical skills with Excel proficiency
• Ability to identify value-creation opportunities and mitigate risk
• Ability to prepare clear reports and presentations
• Strong attention to detail and organizational skills
• Collaborative mindset and willingness to learn new tools (Power BI/Tableau a plus)

Nice To Haves

• Experience in valuation and underwriting is a plus

Responsibilities

• Prepare property and portfolio-level financial models and analyses (discounted cash flow, IRR, equity multiple, etc.)
• Develop and maintain 10-year cash flow models, codifying sell/hold strategies, risk assessments, and value-creation opportunities
• Conduct Asset Strategy Reviews (ASRs), leading SWOT discussions with business partners
• Track and report on key property metrics, identifying areas for improvement
• Support development of annual and long-term capital plans
• Provide financial analysis for unit renovation programs and major capital projects and initiatives
• Evaluate and recommend strategies to increase NOI, maximize cash flow, and enhance long-term value
• Conduct research on market trends, demographics, and supply/demand dynamics
• Assist with property valuations and benchmarking against competitors
• Coordinate with joint-venture partners and internal teams to share data and updates
• Support compliance with lender, zoning, and affordable housing requirements
• Help improve and streamline core asset management processes and tools

Benefits

• Comprehensive benefits — health, dental and vision, 401(k) with company match, paid vacation and holidays, tuition reimbursement, an employee stock purchase plan and more.
• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Number of Employees: 1,001-5,000 employees