AvalonBay Communities · 1 month ago
Senior Manager Cash Reconciliation
Arlington, VA
Full-time
Onsite
Senior Level
7+ years expAvalonBay Communities, Inc. is an equity REIT focused on developing and managing distinctive apartment homes. They are seeking a Senior Manager of Cash Reconciliation to lead a team responsible for accurate financial reporting and process improvements in cash management.
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Responsibilities
Set strategic goals for the Cash Reconciliation team and align them with broader Financial Services objectives
Lead and develop a team of specialists through recruiting, training, coaching, and performance management
Oversee monthly reconciliations of bank, escrow, and petty cash accounts, ensuring resolution of discrepancies
Partner with Accounts Payable, Payment Services, and other departments to streamline workflows and improve system architecture
Manage the Cadency system including workflow setup, rule configuration, upgrades, and vendor relationships
Monitor cash activity, approve bank transfers, and ensure compliance with internal controls and GAAP
Drive process improvements and document procedures, policies, and controls
Support internal and external audits related to cash activity
Analyze corporate payroll accounts and prepare journal entries as needed
Qualification
Required
Associate's Degree in Finance, Accounting, or related field (Bachelor's preferred)
7+ years of relevant experience in cash reconciliation or financial services
Proven leadership and team development experience
Strong knowledge of GAAP and internal controls
Proficiency in Cadency or similar reconciliation systems
Advanced skills in Excel, Word, MRI, and Salesforce
Excellent communication and cross-functional collaboration skills
Strong analytical, organizational, and time management abilities
Preferred
Completion of Cadency Certification Course
Benefits
Comprehensive benefits — health, dental and vision
401(k) with company match
Paid vacation and holidays
Tuition reimbursement
An employee stock purchase plan
A 20% discount on our incredible apartment homes
Company
AvalonBay Communities
AvalonBay Communities is a real estate investment company
1001-5000 employees
Funding
Current Stage
Public CompanyTotal Funding
$4.01BKey Investors
Private Advisor Group
2025-04-04Post Ipo Debt· $2.5B
2024-09-05Post Ipo Equity· $710.4M
2024-05-07Post Ipo Debt· $400M
Leadership Team
Sean J. Breslin
Chief Operating Officer
Kurt Conway
Senior Vice President, Corporate Strategy and Communications
Recent News
2026-01-09
2025-12-05
Company data provided by crunchbase