Revantage

Associate, Sr. Accountant

ID
2023-5461
Job Locations
US-IL-Chicago | US-TX-Dallas

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, Accounting 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 or Dallas, TX.

 

Responsibilities

RESPONSIBILITIES:

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 annual audited financial statements, including footnote disclosures, and supporting schedules as needed
  • Assist in the monthly/quarterly reporting to lenders, joint venture partners and portfolio companies
  • 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

Qualifications

REQUIREMENTS:

  • Bachelor’s Degree with a major in Finance, Accounting or closely related field
  • Minimum 3 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
  • 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

PREFERRED:

  • CPA certification
  • Real estate industry experience
  • Advanced Excel knowledge of functions, pivot tables, power query, etc.
  • Understanding of equity method accounting
  • Experience working with foreign currency conversion

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
    • Summer Fridays
    • Work From Anywhere Month
  • In-house and external learning & development opportunities
  • Generous health insurance and wellness benefits

 

EEO Statement

The Company is an equal opportunity employer. In accordance with applicable law, we prohibit discrimination against any applicant, employee, or other covered person based on any legally recognized basis, including, but not limited to: veteran status, uniformed servicemember status, race, color, caste, immigration status, religion, religious creed (including religious dress and grooming practices), sex, gender, gender expression, gender identity, marital status, sexual orientation, pregnancy (including childbirth, lactation or related medical conditions), age, national origin or ancestry, citizenship, physical or mental disability, genetic information (including testing and characteristics), protected leave status, domestic violence victim status, or any other consideration protected by federal, state or local law. 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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