Associate Director, Property Accounting

BKM Management Company•Newport Beach, CA

6d•Onsite

About The Position

BKM Management Company is a growing institutional real estate investment firm. Based at the Newport Beach headquarters, the Associate Director, Property Accounting is a key leader in the Finance & Accounting organization, overseeing property accounting, financial reporting, and team development. The role leads a growing team of accounting professionals and drives process improvements, strengthens internal controls, leverages technology, and partners across the company to support growth. It is a highly visible leadership position with an opportunity to influence operational excellence, scalability, and long-term success. The role is 100% in-office due to the collaborative nature of the business. The Associate Director leads and develops Property Accounting staff; oversees full-cycle accounting for commercial real estate assets; reviews financial statements, ledgers, reconciliations, reports, and supporting schedules; and ensures timely financial reporting for internal stakeholders, joint venture partners, and lenders. The role serves as a technical accounting resource for complex real estate transactions and ensures compliance with accounting principles, company policies, and internal controls. The position champions technology, automation, and AI to improve accounting efficiency and reporting; partners with Finance, Property Management, and Technology teams to optimize Yardi and other accounting systems; and collaborates with Property Management, Asset Management, Fund Accounting, Tax, Treasury, and Finance on audits, tax reporting, lender requests, valuations, transactions, and strategic initiatives.

Requirements

Bachelor’s degree in Accounting, Business Administration, Finance, or a related field.
10+ years of commercial property accounting experience.
5–7+ years of management experience.
Strong technical accounting knowledge, including U.S. GAAP, commercial real estate accounting, acquisitions, dispositions, debt transactions, and joint venture structures.
Demonstrated experience improving accounting processes, implementing technology solutions, and driving operational efficiencies.
Advanced proficiency in Yardi Voyager and Microsoft Excel.
Strong analytical, organizational, project management, and problem-solving skills.
Excellent written and verbal communication skills and ability to collaborate across all levels of the organization.
High degree of integrity, professionalism, sound judgment, and attention to detail.
Champion the use of AI and emerging technologies to improve process efficiency.
Ability to work 100% in-office.

Nice To Haves

CPA license strongly preferred.
Experience with business intelligence, automation, AI, or reporting technologies.

Responsibilities

Lead, mentor, and develop a high-performing team of Property Accounting professionals, including supervisors, senior accountants, staff accountants, and support personnel.
Foster accountability, collaboration, continuous improvement, and professional development; establish performance expectations, conduct reviews, coach employees, and develop future leaders through mentoring, succession planning, and training.
Partner with senior leadership on organizational planning, staffing, and resource allocation as the company grows.
Oversee full-cycle accounting for a portfolio of commercial real estate assets.
Review monthly, quarterly, and annual financial statements, general ledgers, account reconciliations, job cost reports, and supporting schedules.
Ensure accurate and timely preparation of financial reporting packages for internal stakeholders, joint venture partners, and lenders.
Coordinate timely delivery of property-level financial information to Fund and Joint Venture Accounting teams for investor reporting.
Review property-level contribution and distribution calculations and ensure appropriate property liquidity is maintained.
Serve as the department’s technical accounting resource for complex real estate transactions, including acquisitions, dispositions, capital projects, debt transactions, lease accounting, and joint venture structures.
Oversee property acquisition and disposition accounting, including purchase accounting, prorations, journal entries, and transaction close-outs.
Ensure compliance with relevant accounting principles, company accounting policies, and internal control procedures.
Develop, document, and maintain internal controls and standardized accounting processes across the property accounting function.
Review transaction documentation to ensure accounting treatment reflects contractual terms.
Promote technology, automation, and AI tools to improve accounting efficiency, reporting accuracy, and scalability.
Partner with Finance, Property Management, and Technology teams to optimize Yardi and other accounting systems.
Identify opportunities to automate manual processes and streamline accounting workflows.
Support implementation of accounting systems, software enhancements, and reporting solutions; evaluate departmental processes and implement best practices.
Partner with Property Management, Asset Management, Fund Accounting, Tax, Treasury, and Finance teams to support company objectives.
Collaborate with internal and external stakeholders on audits, tax reporting, lender requests, property valuations, and strategic initiatives.
Provide accounting support for acquisitions, dispositions, refinancing activities, and capital projects.
Provide financial guidance and operational support as a trusted business partner across the organization.

Benefits

Competitive pay and bonus incentive
Medical insurance
Dental insurance
Vision insurance
Long-term disability insurance
Pet insurance
Life insurance
Paid time off
401(k) plan with match
Professional development resources
Fun work environment, including creative office space, team-building events, and company training opportunities