Senior Associate, Property Accounting

Senior Associate, Property Accounting

Newport Beach, CA

BKM Management Company is a growing firm and we are looking for driven, entrepreneurial professionals that want to grow with us and are passionate about their work. Located in our Newport Beach office, the Senior Associate, Property Accounting will play an integral role in the company. Reporting directly to the Senior Manager, Property Accounting, this position will be responsible for providing accurate and timely financial reporting for the applicable portfolio of properties at all levels, including managing relationships with lenders, owners, and internal departments.

This role is 100% in-office due to the collaborative nature.

Essential Functions:

• Take full ownership of portfolio of properties' general ledgers and reporting.
• Work closely with various departments such as Asset Management, Property Management, Fund Accounting, Compliance, Corporate, etc.
• Daily cash management, including accounts payable/receivable functions, vendor payments, expense reimbursements, cash collections, cash deposits, monthly bank reconciliations and bank wire transfers.
• Assist in the preparation of budgets and cash flow projections with the ability to analyze information and compare actuals to budgets and assist with variance explanations.
• Perform acquisition and sales processes for accounting, such as prorations, closing statement entries, initial rent collection reconciliations, close out entries and various other tasks.
• Coordinate and review CAM reconciliations annually for active properties and prior to sales.
• Assist with monthly loan draws (which may include collecting relevant invoices, lien waivers, reviewing/updating draw schedules, and following up with funding).
• Manage and review property reconciliations and related reports for monthly, quarterly and annual closing packages.
• Ensure appropriate accounting entries are booked timely and accurately in the systems.
• Track and ensure compliance with deadlines for all relevant duties.
• Assist with departmental policies and procedures including annual reviews and periodic updates, as necessary.
• Perform ad hoc projects, as needed.
• Assist with annual audit process.

The Qualifiers:

• Bachelor's degree in Accounting, Business Administration, Finance or related degree
• 2-3 years of commercial property accounting experience is preferred
• Yardi Voyager and AvidXchange experience a plus
• Advanced Excel capabilities a plus (SUMIF, XLOOKUP, PIVOT)
• Strong organizational skills with a keen attention to detail
• Motivated and results-driven with strong work ethic
• Exercise discretion and independent judgement

The Perks:

• Competitive Pay + Bonus
• Medical, Dental, Vision, Long Term Disability, Pet and Life Insurance
• Paid Time Off
• 401k Plan + Match
• Professional Development Resources
• Fun Work Vibe (Indoor basketball, pickleball, ping pong, employee engagement events to name a few…)