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Senior Associate, Sr. Accountant
Revantage Chicago, IL
Other | Business Services 7 Months Ago
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Revantage is Hiring a Senior Associate, Sr. Accountant Near Chicago, IL

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 role of Senior Accountant, oversees all activities related to supervising and managing the residential investments owned by Blackstone and held within any of the Funds (LivCor). The role is responsible for overseeing the team responsible for preparing, analyzing and reporting on the financial and operating results of the residential investments at the asset level, investment level and a consolidated level. A successful Senior Accountant, is knowledgeable about real estate principles (GAAP, SEC) and has a strong business acumen and the ability to multi-task all internal and external requests. This role reports out of Revantage’s headquarters in Chicago, IL.

How You Add Value

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 5 years 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.

#LI-AM1 #LI-Hybrid

Job Summary

JOB TYPE

Other

INDUSTRY

Business Services

POST DATE

09/02/2022

EXPIRATION DATE

12/11/2022

WEBSITE

revantage.com

HEADQUARTERS

CHICAGO, IL

SIZE

200 - 500

FOUNDED

2017

TYPE

Private

CEO

ADDOM POWELL

REVENUE

<$5M

INDUSTRY

Business Services

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The job skills required for Senior Associate, Sr. Accountant include Accounting, General Ledger, Financial Statements, CPA, Problem Solving, Attention to Detail, etc. Having related job skills and expertise will give you an advantage when applying to be a Senior Associate, Sr. Accountant. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Senior Associate, Sr. Accountant. Select any job title you are interested in and start to search job requirements.

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