Manager / Senior Manager - Capital Projects Group

AvalonBay Communities • Irvine, CA

5d

About The Position

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 Manager / Senior Manager - Capital Projects Group, leads the planning and execution of capital projects across the region—from early diligence and scoping through design, underwriting, construction, and close‑out. This role partners closely with Asset Management and cross‑functional teams to deliver projects that meet business objectives, stay on budget, and are executed on time and to company standards. This is a highly cross‑functional role requiring strong project leadership, financial acumen, and the ability to manage multiple projects at different stages simultaneously.

Requirements

• Bachelor’s degree in accounting, finance, business, economics, real estate, architecture, construction or a related field
• 5+ years of experience in asset management, development, or investments
• 2–3 years in a lead project management role
• Multifamily or attached residential experience

Nice To Haves

• Master’s degree in Real Estate, Business, Architecture, Engineering, or a related field
• Proven ability to lead cross‑functional teams and influence without authority
• Strong project management skills with experience guiding projects from concept through turnover to property management
• Comfortable managing multiple projects in different phases simultaneously
• Financially savvy, with experience preparing pro formas, analyzing results, and identifying performance drivers
• Strong written, verbal, and analytical communication skills
• Self‑starter who works effectively in a fast-moving, dynamic environment

Responsibilities

• Project Planning & Due Diligence Partner with Asset Management, Investments, Design, Residential Services, Engineering, Construction and other stakeholders to develop scopes of work, budgets, schedules, and execution plans
• Support underwriting, feasibility analysis, and due diligence for capital projects including apartment renovations, common area upgrades, ADUs, and other revenue‑generating initiatives
• Manage permitting, and preparation of written investment packages as needed
• Project Execution & Team Leadership Lead Asset Teams to execute approved capital plans
• Facilitate Asset Team meetings by setting agendas, managing minutes, tracking milestones, and identifying and resolving issues
• Ensure projects are planned, approved, and executed in line with timelines, budgets, quality standards, and business goals
• Reporting & Performance Tracking Provide regular reporting to partners and executives on project status, risks, and results
• Translate progress and financial performance into clear, actionable updates
• Budget & Cost Management Manage capital budgets and project spending
• Monitor trends, adherence to company guidance, and identify opportunities for cost savings and efficiency improvements
• Standards & Compliance Maintain working knowledge of company construction and design standards, internal documentation requirements, contract standards, and applicable local and state regulations
• Ensure all projects comply with company and jurisdictional requirements

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