Senior Associate, Fund Finance & Accounting

BKM Capital Partners is a leading real estate fund manager and operator focused exclusively on investing in light industrial and multi-use logistics properties in the Western United States. Headquartered in Newport Beach, CA, with over 85 employees in 13 offices, BKM Capital Partners has invested in over $2.4 billion of small and mid-bay properties with over 3,000 tenants in 70 properties since 2013. Its approach includes the acquisition, refurbishment, repositioning, and active management of these industrial properties to drive NOI growth and generate a strong IRR and multiple, on invested equity. BKM's foundation is built upon: Focus; Operational Excellence; Technology; and Client Service and it has generated top quartile performance in its two institutional funds, to date.

The Position

The Senior Associate, Fund Finance & Accounting, will report directly to the Senior Manager, Fund Finance & Accounting and will be an essential member of the team. This person will be responsible for working with our fund Administration team on all financial accounting and reporting for the company's real estate portfolios/funds. This person will collaborate with multiple internal teams to ensure accuracy and completeness across property accounting, treasury, and portfolio management. This person will help with fund level financial planning and analysis, valuations, distributions, and ad hoc executive reporting.

This position is 100% in-office due to the collaborative nature of this role with various stakeholders.

The Job Essentials

Fund Accounting & Reporting

• This role involves cross-team collaboration with multiple third-party teams as well as internal departments such as Property Accounting, Treasury, Portfolio Management, Investor Services, Acquisitions, and Asset Management.
• Collaborate with our fund Administration team to review financial statements and accounting records across multiple funds, co-investments, and JVs in conjunction with annual tax and audit engagements.
• Provide insights and evaluate accounting guidance for complex investment structures such as blockers.
• Collaborate with our Property Accounting team to provide guidance on property level journal entries, reconciliations, and distributions.
• Aid in the evaluation of the proper accounting and structuring for acquisitions and dispositions across all investment vehicles.
• Support all fund level cash movement including wire transfers for acquisitions, asset management fees, tax payments, and expenses.
• Develop and improve processes and procedures through automation, excel, or simplification.

Fund Finance

• Complete ad hoc analysis for our Executive team relating to acquisitions, dispositions, and active investments.
• Prepare, maintain and forecast fund discounted cash flow models for current and prospective entities.
• Create and review forecasted fund waterfalls, cashflows, and IRRs/equity multiples.
• Work with our Portfolio Management and Property Accounting team to ensure accurate property accounting records are reflected in current and forecasted financial data.
• Help complete benchmarking and performance tracking for all investment entities that will be integral in fundraising for Investor Relations.

The Qualifiers:

• Bachelor's degree in finance, accounting, business administration, or a related degree is required. Master's degree is a plus.
• Big 4, Public Accounting, or Fund Administration experience is a plus.
• Minimum 2-3 years of private funds accounting or fund administration experience (preferably in real estate).
• Preferred familiarity with commercial real estate terms and investment principles.
• Strong analytical skills with attention to detail that seeks to solve complex problems.
• Advanced excel capabilities are required. Data analytics software (Alteryx) or excel macro experience is a plus.
• Collaborative, team-oriented approach.
• Organizational and project management skills with the ability to adapt quickly to change.
• Self-motivated with a diligent work ethic, capable of working autonomously.
• Demonstrated ownership of products and deliverables.
• Excellent written, verbal, and nonverbal communication skills.
• Ability to thrive in a fast-paced, collaborative, multitasking environment.
• Demonstrate the highest ethical standards and integrity at all times.

The Perks:

• Competitive compensation
• Medical, Dental, Vision, Long Term Disability, Pet, and Life Insurance
• Paid Time Off + Holiday Pay
• 401k Plan + Company Match
• Professional Development Resources
• Fun Work Culture & Environment
• Flexible work environment