Revantage Corporate Services

  • Senior Accountant - Portfolio Accounting

    Job Locations US-IL-Chicago
  • Revantage Corporate Services is looking for an organized and driven Senior Accountant - Portfolio Accounting to join our fast-growing team. The Portfolio Accounting team at Revantage Corporate Services is responsible for preparing, analyzing, and reporting the financial and operating results of portfolio companies and stand-alone investments, including the preparation of the following: consolidated GAAP financial statements, cash flow forecasts, lender reporting and draw packages, monthly reporting package to senior management, supporting schedules to general ledger accounts, variance analysis for income statement accounts, and annual audited financial statements.

    As our Senior Accountant one is held accountable to, but not limited to, the following job functions: 

    • Perform monthly, quarterly, and annual accounting activities, including reconciliations, coordination, and reviewing of financial reports/support as necessary.
    • Ensure compliance with accounting policies and procedures, and resolve accounting related issues.
    • Perform monthly account analysis and roll-forwards of selected general ledger accounts to ensure accounts properly reflect the Company’s financial position in accordance with company policy and GAAP.
    • Review ledger detail, record adjusting journal entries, and prepare supporting schedules for GAAP-based financial statements.
    • Assist in the preparation of property financial statements and work papers monthly.
    • Assist in the preparation of annual audited financial statements, including footnote disclosures, and supporting schedules.
    • Respond to audit inquiries from accounting firms.
    • Prepare property acquisition and disposition journal entries while working with the buyer or seller on prorations.
    • Prepare lender reporting packages, lender draws, debt covenant calculations and work directly with the lender to ensure compliance with loan requirements.
    • Prepare monthly cash flow forecasts for portfolio companies and stand-alone investments.
    • Review property-level financial results prepared by a third-party accounting firm to ensure results properly reflect the company’s financial position and are in accordance with GAAP.
    • Assist in the accounting due diligence review of potential portfolio acquisitions.
    • Prepare bank reconciliations and journal entries as needed.
    • Train and supervise accounting staff, demonstrate leadership skills, and assist in coordination of the staffing model.
    • Focus on continuous improvement of established processes, controls, and documentation.

    Required Qualifications: 

    • Bachelor’s degree in Accounting
    • 3-5 years of general accounting experience 
    • Must have knowledge of US GAAP
    • Strong working knowledge of MS Office, accounting software, and databases
    • Excellent communication, problem solving and interpersonal skills necessary
    • Ability to multi-task and manage shifting priorities in a fast-paced environment
    • Strong attention to detail and ability to work both independently and in a team environment

    Preferred Qualifications: 

    • Real estate knowledge 
    • CPA certification 

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