Revantage Corporate Services

  • Accountant - Multifamily

    Job Locations US-Chicago
  • Due to the continued growth of the organization, Revantage has decided to bring on an Accountant - Multifamily to the team. Revantage Corporate Services, an affiliated company of Blackstone, was created in August 2017 to provide consultative services consisting of HR, Finance, Tax, Legal, Risk Management and Technology to real estate portfolio companies owned by Blackstone funds, in various sectors including multifamily (LivCor), commercial office (Equity Office), retail (ShopCore), hotel (BRE Hotels & Resorts), and industrial (Link).  As Revantage expands, we may provide services to additional Blackstone companies. 

    RESPONSIBILITIES

     

    Functional

    • Perform monthly, quarterly, and annual accounting activities, including reconciliations, account analysis, and review of financial reports/support.
    • Ensure compliance with accounting policies and procedures and resolve accounting related issues.
    • Perform monthly/quarterly 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.
    • Coordinate with the treasury team to ensure that all financing transactions are properly and timely accounted for.
    • Prepare monthly cash flow forecasts for portfolio companies and stand-alone investments.
    • Review property-level financial results prepared by a third-party to ensure results properly reflect the company’s financial position and are in accordance with GAAP.
    • Prepare bank reconciliations and journal entries as needed.
    • Assess and react to changing business conditions, in terms of their impact the organization they lead.
    • Provide oral and written presentations on new business workflows, as well as high complex functional documentation in strategic technical or functional reports
    • Ensure team’s processes and procedures support the department’s goals according to guidelines and policies

    Transaction Accounting (e.g. acquisition, disposition and other similar transactions)

     

    Relationship Management

    • Accountable to Multifamily Asset Portfolio Company’s satisfaction with the accounting team’s performance, responsiveness, and interactions.
    • Lead initiatives to ensure smooth business partner experience across the team.
    • Become day-to-day go-to person for Revantage business partners, Multifamily Asset and Blackstone
    • Respond to business partner inquiries and commit to deliverables by leveraging resources across the team
    • Partner with senior managers to identify and drive external relationships with the team’s key contacts and stakeholders including third party accounting departments and third-party operators accounting teams.
    • Assist other PC’s during Project initiatives on an as-needed basis.

    QUALIFICATIONS

    • Education:
      • Bachelor’s Degree with a major in Finance, Accounting or closely related field,
    • Experience:
      • 1-3 years of experience in cost accounting, financial analysis and general accounting
    • Certifications/Licenses: CPA certification preferred
    • Skills:
      • Real estate knowledge preferred
      • Must have knowledge of US GAAP
      • Strong working knowledge of MS Office, accounting software and databases (ARGUS, Workday, Yardi)
      • Requires understanding of financial models, corporate financials and regulatory market
      • 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

    Work Environment

    • Operates in a professional office environment
    • Role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines

    Physical Demands

    • Position requires the ability to hear, talk and communicate in person and via phone daily
    • Position requires the ability to use hands/fingers to enter, retrieve and/or manipulate data using a computer keyboard.

    Position Type/Expected hours of Work

    • Position is full-time, and hours of work and days are Monday through Friday. Occasional evening and weekend work may be required as job duties demand
    • Position requires accessibility outside of office hours via cell phone and email

     

    Travel

    • Limited travel

     

    EEOC Statement
    We are committed to providing equal employment opportunities to all persons regardless of race, color, ancestry, citizenship, national origin, religion, veteran status, disability, genetic characteristic or information, age, gender, sexual orientation, gender identity, marital status, family status, pregnancy, or other legally protected status (collectively, protected statuses). We do not tolerate unlawful discrimination in any employment decisions, including recruiting, hiring, compensation, promotion, benefits, discipline, termination, job assignments or training.

     

    #LI-MB1


    Disclaimer
    The above job definition information has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job. Job duties and responsibilities are subject to change based on changing business needs and conditions.

    Options

    Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.
    Share on your newsfeed