Revantage

Senior Accountant (Hospitality)

Job Locations US-Chicago

Who We Are

Revantage is a Corporate Services affiliate of The Blackstone Group, the world’s largest alternative investment firm.  Revantage provides a highly skilled employee base, best-in-class processes, and state-of-the-art technology to multiple Blackstone real estate portfolio companies.  Sectors include Hospitality, Industrial, Multi-Family, Office, Retail, Senior Housing, and Manufactured Homes.

 

Revantage, headquartered in Chicago, is one of three global offices that includes Revantage Asia and Revantage Europe.

 

What We Value: Our Culture

Creating a culture that inspires change and momentum require the right team.  We know what it takes to lead an industry, and are looking for leaders who seek constant growth, want to excel, and continuously improve upon themselves and the industry.  The culture at Revantage is built on our shared core values and commitment to be:

 

  • Achievers – We expect high standards for ourselves and enable the success of our teams.
  • Enthusiasts - We face challenges with optimism and believe anything is possible.
  • Leaders - We commit to continuously improve our performance.
  • Learners – We learn from our challenges and successes.
  • Partners - We deliver value and positive impact to our partners.

 

Why This Role Is Valuable  

We are looking for an organized and driven Senior Accountant to join our fast-growing team at Revantage. The team is responsible for preparing, analyzing, and reporting the financial and operating results of a hospitality real estate portfolio and stand-alone hospitality investments, including the preparation of the following: consolidated GAAP financial statements, cash flow forecasts, monthly and quarterly reporting packages, supporting reconciliations and schedules, variance analysis, and annual audited financial statements. This position is based out of Revantage’s headquarters in Chicago, IL.

How You Add Value

  • 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 Investment and 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.
  • 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.
  • Assist in the accounting due diligence review of potential portfolio acquisitions and dispositions.
  • Prepare bank reconciliations and journal entries as needed.
  • Train and supervise accounting staff and demonstrate leadership skills.
  • Focus on continuous improvement of established processes, controls, and documentation.

What You Bring To The Role

Required:

  • Bachelor's degree in Accounting 
  • Minimum 3 years of accounting experience 
  • Advanced knowledge of US GAAP
  • Advanced knowledge of MS Office Suite, 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
  • Team player, positive attitude, and willingness to help (take on additional responsibilities as appropriate)

Preferred:

  • CPA certification (registered or licensed)
  • Hospitality and/or public accounting experience
  • Real estate knowledge

 

Perks for You

  • Competitive salary, overall compensation and 401(k)
  • Work-life balance offerings include:
    • Remote work policy
    • Productivity Hours – weekly meeting-free work time
    • Bi-weekly Summer Fridays
  • In-house and external learning & development opportunities
  • Generous health insurance and wellness benefits

 

EEO Statement

Our company is proud to be an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. Our employment decisions are based on individual qualifications, job requirements and business needs without regard to race, color, marital status, sex, sexual orientation, gender identity and/or expression, age, religion, disability, citizenship status, national origin, pregnancy, veteran status and or any other legally protected characteristics. We are committed to providing reasonable accommodations, if you need an accommodation to complete the application process, please email talent@revantage.com.

 

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