Staff Accountant

2 weeks ago


Bethesda, MD, United States Bernstein Management Corp Full time

Bernstein Management Corporation (BMC) has been a regional leader in real estate management for 70 years. BMC's investment affiliate is a fully discretionary, private real estate fund with assets valued at over $2.0 billion, low leverage and significant capacity to make additional investments. Focusing exclusively on the Washington D.C. metropolitan area, the portfolio currently includes 90 properties representing over 5,800 residential units and 4.0 million square feet of commercial space including office, retail and industrial assets. BMC's team of over 250 industry professionals manage the portfolio with a hands-on, vertically integrated approach. For more information, visit bmcproperties.com.

Role Overview

The Staff Accountant plays an integral role in supporting the financial operations of Bernstein Management Corporation (BMC) and its managed real estate portfolio. This position is responsible for maintaining accurate and timely financial records, assisting with monthly and annual closings, and supporting reporting and audit processes. The ideal candidate is detail-oriented, analytical, and thrives in a collaborative environment that values accuracy, teamwork, and continuous improvement. We have a hybrid work model with the expectation of 4 days minimum in the corporate office to collaborate, innovate, and celebrate and this is subject to change based on business needs.

Key Responsibilities

Financial Accounting & Reporting

  • Prepare and post journal entries, accruals, and account reconciliations for all properties and corporate entities.
  • Maintain the general ledger and ensure accuracy of all financial transactions in accordance with company policies.
  • Assist with the preparation of monthly, quarterly, and annual financial statements.
  • Reconcile select balance sheet accounts, including Security Deposits, Refund Clearing, Reapply Clearing, debt, prepaid and delinquent accounts.
  • Review and analyze income statements and balance sheets, investigating variances as needed.
  • Review annual tax returns and ensure timely payments for all entities.
  • Process quarterly estimated tax payments.
  • Support the budgeting and forecasting processes through data gathering, review, and analysis.
  • Perform Residential GPR calculations.
  • Review and monitor tenant ledgers for inconsistencies and alignment with general ledger.

Accounts Payable & Receivable

  • Review invoices and payment requests for accuracy and appropriate coding.

Audit & Compliance

  • Partner closely with outside accounting and tax consultants.
  • Provide schedules, documentation, and support for annual external audits and internal reviews.
  • Ensure adherence to established accounting procedures, internal controls, and company policies.

Collaboration & Continuous Improvement

  • Partner closely with Property Management, Leasing, and Operations teams to ensure accuracy and clarity in financial reporting.
  • Identify and recommend process improvements that enhance efficiency and data integrity.
  • Participate in special projects, system enhancements, and department initiatives as needed.

Qualifications

  • Bachelor's degree in Accounting, Finance, or related field required.
  • 2-4 years of progressive accounting experience; real estate or property management industry experience strongly preferred.
  • Strong knowledge of general accounting practices.
  • Proficiency in Microsoft Excel; experience with Yardi Voyager or comparable accounting software preferred.
  • Excellent analytical, organizational, and time management skills with the ability to meet deadlines.
  • High attention to detail, accuracy, and accountability.
  • Collaborative and team-oriented mindset with strong interpersonal and communication skills.

Core Competencies

  • Accuracy & Attention to Detail: Produces high-quality work with precision and care.
  • Accountability: Takes ownership for assigned responsibilities and deadlines.
  • Continuous Improvement: Proactively seeks opportunities to streamline processes and enhance accuracy.
  • Teamwork & Communication: Works effectively with colleagues across all departments and levels.
  • Integrity & Confidentiality: Handles sensitive financial information with discretion and professionalism.

BMC's People First Commitment

At BMC, we know that work/life balance is not just important, it's necessary. As a member of our team, your experience will be valued, and your hard work will be rewarded with a generous benefits package including paid time off, medical plan options, 401K match with immediate vesting, rent discount at BMC properties, paid volunteer leave, gym membership contributions, and company-wide social outings.

The market-based pay range for this role is $80,000-$90,000 annually (plus additional bonus incentives), negotiable based on qualifications. The final salary offered will generally fall within this range and is dependent on various factors including but not limited to the responsibilities of the position, experience, skill set, internal pay equity and other relevant qualifications of the applicant.

For a summary of BMC's employment benefit offerings, please click here.

Bernstein Management Corporation is an Equal Opportunity Employer, making decisions without discrimination on the basis of race, color, religion, sex, national origin, age, veteran status, disability, sexual orientation, genetic information or any other protected class, in accordance with applicable law.


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