Manager, Capital Planning & Analysis

AVALON BAY COMMUNITIES, Inc.; San Jose (CA); On-site; USD 92,800 - 154,500; Full time

Benefits offered by this job

Health, dental, vision benefits

401(k) with company match

Paid vacation & holidays

Tuition reimbursement

Employee stock purchase plan

Discount on apartment homes

Job summary

AvalonBay Communities, Inc. is seeking a Manager of Capital Planning & Analysis in San Jose, CA.

The role leads capital project planning, budgeting, scoping, underwriting, execution, and reporting to align with asset management and investment objectives. You will work with Asset Management, Investments, Design, Engineering, and Operations to develop project strategies, perform due diligence, and monitor financial performance across the portfolio.

Qualifications

• Bachelor's degree or higher in a related field.
• Progressive experience managing capital projects, construction projects, or asset improvement programs.
• Strong project management, budgeting, and financial analysis skills.
• Experience leading cross-functional teams and managing multiple projects.

Responsibilities

• Lead capital projects from initial concept through project completion.
• Partner with Asset Management, Investments, Design, Residential Services, Engineering, and Operations teams to develop project strategies.
• Conduct due diligence and feasibility assessments for capital improvement opportunities.
• Prepare project scopes, budgets, schedules, and underwriting assumptions.
• Manage consultants, contractors, vendors, and internal project teams.
• Oversee permitting, approvals, and project execution activities.
• Monitor project financial performance, timelines, risks, and outcomes.
• Provide regular reporting and updates to leadership on project status and outcomes.
• Ensure projects meet company standards for quality, safety, and resident experience.
• Support long-term capital planning and portfolio improvement initiatives.

Skills

Project management

Budgeting

Financial analysis

Cross-functional leadership

Stakeholder management

Communication

Education

Bachelor's degree in Construction Management, Engineering, Architecture, Real Estate, Business, or related field

Tools

Project management tools

Financial reporting tools

Job description

Manager, Capital Planning & Analysis

Position Type: Full time

Weekly Scheduled Hours: 40

State: California

City: San Jose

Zip Code: 95128

Total Base Pay Range: $92,800.00 - $154,500.00

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, Capital Planning & Analysis leads the planning, due diligence, scoping, design, underwriting, execution, and reporting of capital projects across the region. The role is responsible for developing scopes of work, project budgets, schedules, and execution plans that align with asset management and investment objectives.

Key Responsibilities:

• Lead capital projects from initial concept through project completion
• Partner with Asset Management, Investments, Design, Residential Services, Engineering, and Operations teams to develop project strategies
• Conduct due diligence and feasibility assessments for capital improvement opportunities
• Prepare project scopes, budgets, schedules, and underwriting assumptions
• Manage consultants, contractors, vendors, and internal project teams
• Oversee permitting, approvals, and project execution activities.
• Monitor project financial performance, timelines, risks, and overall results
• Provide regular reporting and updates to leadership on project status, budgets, and outcomes
• Ensure projects meet company standards for quality, safety, and resident experience
• Support long-term capital planning and portfolio improvement initiatives

Qualifications

• Bachelor's degree in Construction Management, Engineering, Architecture, Real Estate, Business, or a related field
• Progressive experience managing capital projects, construction projects, or asset improvement programs
• Strong project management, budgeting, and financial analysis skills
• Experience leading cross-functional teams and managing multiple projects simultaneously
• Strong communication and stakeholder management abilities
• Proficiency with project management and financial reporting tools

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, andA 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.

AvalonBay will consider for employment qualified applicants with criminal histories in a manner consistent with requirements under the law.

Applications are being accepted on an ongoing basis.

AvalonBay does not require or request that you provide any information that identifies your age, date of birth, or dates of school attendance or graduation. Please redact this information prior to the submission of your application and/or leave these fields incomplete on your application.

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/)