Staff Accountant I

AvalonBay Communities • Virginia Beach, VA

8d • Onsite

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 Based in our Virigina Beach, VA office, the Staff Accountant I is responsible for supporting RS Accounting and completing assignments by the deadline. To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Additionally, the requirements listed below are representative of knowledge, skills and or ability required.

Requirements

• Bachelor’s degree in accounting (or within 6-month period if currently enrolled).
• Excellent communication skills (both verbal and written).
• Working knowledge of spreadsheet software.
• Good time management and organizational skills desired.
• Is able to work under pressure.
• Is able to work well with accounting team, property management team, on-site associates and other departments including upper management.
• Demonstrates the ability to develop strong analytical skills.
• Strong sense of teamwork and work ethic demonstrated.
• Demonstrates the initiative and skills of career advancement to provide bench strength within Financial Services.
• Willing to work on a flexible schedule (overtime required).
• Possesses a strong customer service focus.

Responsibilities

• Analyze monthly account detail, research and explain significant variances for designated categories
• Perform month end revenue analysis
• Perform mid-month utility analysis
• Complete journal entries
• Analysis and reconciliation of specific general ledger accounts
• Assist in keeping documentation of processes current
• Assist in monthly billback process
• Monitor and manage the Residential Services email box and respond to all inquiries in a timely manner
• Submit questions from accountants to the field during the month-end close process
• Process wires as assigned
• Assist with reporting financial information to 3rd parties including replacement reserves
• Participate in special projects to improve efficiencies.
• Other duties and projects as assigned

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: Entry Level
• Number of Employees: 1,001-5,000 employees