Operations Analyst

AvalonBay Communities • San Jose, CA

7d • $78,000 - $130,000

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 Are you ready to be a vital force behind the seamless operations of luxury living spaces? Do you thrive on analyzing data, optimizing processes, and driving strategic initiatives? If you're passionate about enhancing operational efficiency and contributing to the success of premier residential communities, AvalonBay Communities has an exciting opportunity for you! We are seeking a dedicated Operations Analyst to join our dynamic team and help shape the future of our high-quality apartment homes. Join us in our mission to create unparalleled living experiences for our residents through innovation and excellence. This position will provide analytical support to the Regional Vice President of Property Operations, helping to shape the organization's decisions as it applies to the operation of our properties. This will be accomplished through analyzing both financial and operational data to identify trends and opportunities in an attempt to more effectively operate our properties. This position will also play a key role in our ability to accurately forecast revenue, occupancy, expenses and net operating income. In addition, this position will assist the Property Operations group throughout the budgeting process to assure budgets are created in an accurate and timely manner.

Requirements

• Bachelor’s degree required.
• 3-5 years of experience in the production and analysis of budgets, revenue and expense forecasting, and financial reporting required.

Nice To Haves

• Experience in the multi-family real estate industry preferred.

Responsibilities

• Coordinate the budget process, train Directors, and complete the initial review in a timely and accurate manner for the Property Operations group.
• Assist in due diligence for new developments and Investments and completes the initial underwriting.
• Forecast revenue, expenses, and income in an effort to shape the organization’s decisions as it pertains to the operations of AVB properties.
• Compile and analyze financial data for presentation to executive management.
• Respond to monthly requests from the LRO team relating to pricing and market comparisons.
• Pilot new operating and budgeting enhancements for the Property Operations group and conduct systems testing in an effort to ensure the successful implementation of new systems.
• Perform community audits, train new executives on audit processes and procedures, review operating results on a weekly basis, report out any exceptions.
• Review financial results on a monthly basis and reports out any exceptions.
• Verify and approve apartment supply pipeline data on a monthly and quarterly basis.
• Ensure compliance of all applicable AVB policies and procedures with regard to financial management and monitoring and provides support as needed to the communities within the region.

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: Mid Level
• Number of Employees: 501-1,000 employees