Revantage

Accountant, Senior Housing

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, Manufactured Homes, Data Centers, Self-Storage, and Student Housing.

 

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  

The Accountant (Senior Housing) is responsible for preparing, analyzing, and reporting the financial and operating results of real estate portfolio companies and stand-alone investments, including the preparation and review 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, coordination, and reviewing of financial reports/support.
  • Ensure compliance with accounting policies and procedures, as well as resolving 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.
  • Review property-level financial results prepared by a third-party operator to ensure results properly reflect the company’s financial position and are in accordance with GAAP.
  • Communicate and maintain good working relationship with both third-party operator(s) and Blackstone clients.
  • Assist in the preparation of annual audited financial statements, including footnote disclosures, and supporting schedules as needed.
  • Respond to audit inquiries from accounting firms.
  • Assist in the accounting due diligence review and recording of portfolio acquisitions, dispositions, operator transitions, and financing transactions
  • Prepare bank reconciliations and journal entries as needed.
  • Maintain fixed asset schedules, track assets, record monthly depreciation and amortization.
  • Review, update, and maintain chart of accounts mapping between all applicable parties. Identify discrepancies or any corrections needed and understand impact of any mapping changes.
  • Participate and contribute to any requested ad hoc projects, whether it be for the individual team or the larger accounting group.
  • Provide account analysis services directly to Blackstone as needed.

What You Bring To The Role

Required:

  • Minimum of 1 year general accounting experience
  • Bachelor’s degree in Accounting
  • 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
  • Team player, positive attitude, and willingness to help (take on additional responsibilities as appropriate)

 

Preferred:

  • Real estate knowledge
  • Knowledge of Workday software and applications
  • CPA certification (registered or licensed a plus)
  • Fluency in French (a plus for projects related to new Canadian Senior Housing Investment)

 

EEO Statement

Our company is proud to be an equal opportunity employerWe 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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