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Manager Financial Reporting

Arlington, Virginia

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Position Type: Full time
State: VA
City: Arlington
Zip Code: 22203

Overview

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

The Manager of Financial Reporting will oversee all financial reporting functions and ensure compliance with regulatory requirements and real estate industry best practices. This role includes responsibility for monthly financial reporting, quarterly and annual earnings release preparation, and management of the external audit process. The ideal candidate will bring strong financial reporting expertise, ideally, and a keen attention to detail in managing external and internal reporting obligations.

Key Responsibilities

  • Financial Reporting: Manage the monthly, quarterly, and annual financial reporting processes, ensuring timely and accurate preparation and submission of financial statements in compliance with GAAP and SEC requirements.
  • Earnings Release Preparation: Oversee the preparation of quarterly and annual earnings releases, including drafting supporting materials, and liaising with Investor Relations and senior management.
  • External Audit Management: Serve as a point of contact for external auditors, managing the audit process from planning to completion, ensuring a smooth and efficient audit cycle.
  • Regulatory Compliance: Maintain compliance with SEC reporting requirements, including the preparation of Form 10-Q, Form 10-K, and other required filings, as well as implementing new regulatory requirements as needed.
  • Monthly Reporting: Assist in the monthly reporting process for executive management and the company.
  • Internal Controls: Collaborate with internal stakeholders to maintain strong internal controls over financial reporting, supporting SOX compliance efforts and contributing to process improvements.
  • Cross-Functional Collaboration: Work closely with Accounting, Finance, and Investor Relations to support company objectives, and contribute to ad-hoc projects as needed.

Qualifications

  • Education: Bachelor’s degree in Accounting, Finance, or a related field; CPA strongly preferred.
  • Experience: Minimum of 5 years of experience in financial reporting, preferably in a public company; Big Four public accounting experience preferred.
  • Technical Skills: Strong understanding of GAAP, SEC reporting, and financial reporting standards; proficiency in financial reporting systems and Excel.
  • Interpersonal Skills: Excellent communication and project management skills, with a proven ability to work cross-functionally and manage multiple priorities.
  • Detail-Oriented: Strong analytical and organizational skills with a commitment to accuracy and efficiency.

How AvalonBay Supports You

We know that our teams are the beating heart of our success and we’re committed to showing our appreciation.

We offer:

Comprehensive benefits — health, dental and vision, 401(k) with company match, paid vacation and holidays, tuition reimbursement, an employee stock purchase plan and more. Click on Benefits (https://jobs.avalonbay.com/benefits) for information.

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.

Additional Info

AvalonBay is proud to be an equal opportunity employer and is committed to an inclusive and diverse work environment free of discrimination and harassment.  We believe that in order to achieve our purpose of creating a better way to live, we must recruit, develop and retain associates with a wide range of backgrounds, experiences and perspectives and create an environment that encourages all voices to be heard, understood and appreciated. With this we know we can do great things.

AvalonBay makes employment decisions without regard to a person’s race, ethnicity, color, religion, sex, national origin, sexual orientation, gender identity, pregnancy (including childbirth, lactation or related medical conditions), age, physical or mental disability, genetic information (including characteristics or testing), citizenship status, military or veteran status, or any other status protected by the law.

For California residents, if you elect to apply to AvalonBay you accept the AvalonBay California Personnel Privacy Notice (https://www.avaloncommunities.com/california-personnel-privacy-notice/)

Job ID JR103302
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