Revantage

Sr. Accountant, BREIT Reporting

ID
2023-4949
Job Locations
US-IL-Chicago

Overview

WHO WE ARE

Revantage is a Blackstone Company that 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  

The Sr. Accountant of BREIT SEC Reporting and Upper-tier Accounting is responsible in the preparation and review of Investment and Fund Level Reporting in accordance with GAAP along with the management of the upper-tier BREIT entities and accounting. The Sr. Accountant will also partner with the AVP- BREIT Reporting, and Asset Class leads in preparing consolidated financials and investment level variance analysis. This position is based out of Revantage’s headquarters in Chicago, IL.

Responsibilities

HOW YOU ADD VALUE

Functional

  • Prepare and review monthly/quarterly/ annual reports with a focus on BREIT SEC Reporting.
    • Financial Reports (Income Statement, Balance Sheet, Equity Statement, Statement of Cash Flows)
    • Footnote Preparation
    • Debt Schedules
    • Ground Lease Schedule
    • Intangible Amortization Schedule
  • Coordinate Accounting and Reporting for BREIT Upper-tier entities
    • Partner with Blackstone, Citco and State Street
    • Balance Sheet Reconciliations
    • Cash Management/ Wire Processing
  • Coordinate report updates and reviews with Managers and Accountants on the BREIT Team.
  • Confirm that BREIT SEC Reporting is in accordance with GAAP, ensuring results properly reflect the company’s financial position.
  • Assist in the preparation of annual audited financial statements, including footnote disclosures, and supporting schedules.
  • Document SOPs for all SEC BREIT Reporting
  • Partner with Revantage Leadership to streamline reporting and provide greater insight to operations

Relationship Management

  • Accountable to Blackstone and 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 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.
  • Assist BREIT Teams with Fund Level Reporting on an as-needed basis.

Qualifications

WHAT YOU BRING TO THE ROLE

Required:

  • Bachelor’s Degree with a major in Accounting, or closely related field
  • Minimum 4 years’ experience in accounting, financial analysis, and reporting
  • Advanced knowledge of US GAAP
  • Advanced knowledge of MS Office Suite
  • Advanced knowledge of accounting software and databases (Workday, Yardi)
  • Proficient 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
  • Available for limited travel

Preferred:

  • CPA certification
  • Real estate knowledge

 

Perks for You

  • Competitive salary, overall compensation and 401(k)
  • Work-life balance offerings include:
    • Hybrid work policy
    • Weekly hours dedicated to personal productivity
    • 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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