Revantage

Accountant, Multi-Family

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.

 

The Analyst, Accounting is responsible for performing monthly, quarterly, and annual accounting activities, including reconciliations, account analysis, and review of financial reports/support for Blackstone portfolio companies and Revantage.  The Analyst, Accounting will ensure compliance with accounting policies and procedures and resolve accounting related issues. This position is based out of Revantage’s headquarters in Chicago, IL.

Functional

  • 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.
  • Assist in the monthly/quarterly reporting to lenders, joint venture partners and portfolio companies.
  • 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, mostly prepared by third-parties, 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 to the supported organization.
  • Ensure team’s processes and procedures support the department’s goals according to guidelines and policies.
  • On-board and account for acquisitions, dispositions, and other similar transactions.

Relationship Management

  • Accountable to portfolio company’s or joint venture partner’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, including portfolio company, joint venture partners, and Blackstone.
  • Respond to business partner inquiries and commit to deliverables by leveraging resources across the team.
  • Partner with other team members 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 portfolio companies during project initiatives on an as-needed basis.

WHAT YOU BRING TO THE ROLE

Required:

  • Bachelor’s Degree with a major in Finance, Accounting or closely related field
  • Minimum 1 year of experience in general accounting and/or financial analysis
  • Knowledge of US GAAP
  • Knowledge of MS Office Suite
  • Knowledge of accounting software and databases (e.g. Workday, ARGUS)
  • General understanding of financial models, corporate financials and regulatory market
  • Excellent communication, problem solving and interpersonal skills
  • 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
  • Available for limited travel

Preferred:

  • CPA certification
  • Real estate industry experience

 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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