Senior Accountant, Accounting - Revantage Corporate Services

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

Under the direction of AVP- Accounting, the Sr. Accountant, Accounting role will 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. This role is base out in Revantage headquarters in Chicago, IL at 233 S. Wacker Drive, Suite 4700, Chicago, IL 60606. Hybrid: 3 days in the office, 2 days at home.

WHAT YOU BRING TO THE ROLE

Required:

• Bachelor’s Degree with a major in Finance, Accounting, or closely related field
• 3 years of experience as an Accountant or other occupation/position/job title involving accounting or financial analysis
• Required Skill: US GAAP to ensure the property financials are recorded GAAP’s standards;
• Required Skill: Accounting Software and Databases;
• Required Skill: Consolidations and Real Estate Accounting experience;
• Required Skill; Proficiency in Microsoft Excel using Vlookups, Sumifs PivotTables and create tables to analyze the financials;
• Required Skill: Financial and data analysis skills such as reviewing properties balance sheet and P&L to ensure monthly changes and ending balance are reasonable.

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

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