AVP II, Accounts Receivable

Who We Are

Revantage, a Blackstone Real Estate portfolio company, is a global provider of corporate services.

With a corporate purpose of ‘In Pursuit of Better,’ Revantage delivers value-added services and world-class talent for Blackstone Real Estate portfolio companies, spanning diverse asset classes, including residential, logistics, office, hospitality and retail sectors. Headquartered in Chicago, the company’s footprint extends across North America, Europe and Asia Pacific.

Rooted in a commitment to collaboration and inclusivity, Revantage goes beyond traditional corporate services and acts as a trusted partner. Across offerings that include finance, technology, human resources and operations, Revantage proactively anticipates stakeholder needs, recruits exceptional talent and enables its business partners to thrive.

What We Value: Our Culture

Our people are our most important asset, enabling Blackstone portfolio companies and investments to scale and thrive. Together, we foster a workplace where everyone can be themselves, enabling them to do their best work.

At Revantage, we have exceptional people who live our values and help us pursue better every day. We offer dynamic and meaningful work, competitive compensation, benefits and flexibility. We listen and take action to ensure our organization evolves to reflect our employees’ voices and support an inclusive culture.

Our demonstrated commitment to our people and collaborative culture have earned us numerous awards as a top employer.

Our culture is built on our shared core values and commitment to be:

• Learners – We learn from our challenges and successes
• Leaders – We commit to continuous improvement
• Enthusiasts – We face challenges with optimism and believe anything is possible
• Achievers – We expect high standards for ourselves and enable the success of our teams
• Partners – We deliver value and positive impact to our partners
  
  

Grow your career with us. As a member of our team, you'll gain hands-on experience in the real estate industry and benefit from a supportive environment that fosters personal and professional growth.

WHY THIS ROLE IS VALUABLE

The Accounts Receivable Assistant Vice President II oversees the Accounts Receivable process for a portfolio of approximately 175 retail assets. This role is responsible for the monthly billing process, cash application, and maintenance of tenant sub-ledgers. This position will lead an offshore team of three – five professionals. This position will be based in Dallas, TX.

How You Add Value

Leadership & Team Management

• Lead an offshore team of three – five professionals performing accounts receivable duties
• Supervise, train, and develop accounts receivable staff
• Set clear performance expectations and manage workload distribution to ensure timely processing
• Establish a weekly operating cadence (daily cash posting, weekly aging reviews, monthly close checklist)
• Maintain service level agreements with Portfolio Company
• Complete bi-annual employee reviews
• Lead new systems implementations
• Build and sustain a collaborative, high-performance team culture aligned with our core values: Learners, Leaders, Enthusiasts, Achievers, and Partners
  
  

Accounts Receivable Operations Oversight

• Oversee the monthly billing process, ensuring accurate and timely billing
• Oversee the cash application process to ensure cash is applied accurately and timely to tenant ledgers
• Become the subject matter expert, go-to resource, and owner of the accounting software, modules, and applications used to automate tenant billing and the application of cash receipts from tenants
• Oversee and support miscellaneous billing process
• Oversee and review reconciliations of tenant ledgers prepared by staff
• Ensure accounts receivables subledger integrity, oversee tenant reconciliations and tie-outs to the general ledger
• Support month-end close: aging schedules, allowance inputs, write-offs, audit support
• Oversee preparation, review, and distribution of accounts receivable reporting, including A/R Aging and metric driven reports
• Manage escalations related to aged AR, unapplied cash, and collection issues by designing governance mechanisms and partnering closely with business stakeholders
• Manage and support new tenant onboarding
• Assist with the onboarding of new assets
• Provide ad hoc accounts receivable support
• Special projects as required
  
  

Relationship Management

• Develop close partnerships with portfolio company to enable business strategies and goals
• Respond to business partner inquiries and commit to deliverables
• Coordinate with Property Management to support business operations
  
  

Internal Controls & Compliance

• Establish and maintain SOPs and role clarity across the account receivables team
• Maintain and strengthen internal controls to ensure adherence to company policies and regulatory requirements
  
  

Continuous Improvement Mindset

• Identify opportunities for automation and continuous improvement within internal processes, championing best practices and leveraging technology to enhance outcomes
  
  

Requirements

WHAT YOU BRING TO THE ROLE

• Bachelor’s Degree in Accounting or Finance
• 7-10 years in accounts receivable/ accounting experience; 4-5 years of progressive, accounts receivable experience; 3-5 years of supervisory experience
• Commercial Real Estate industry experience
• Demonstrated experience managing and training a team of individuals
• Experience supervising workflows
• Knowledge of MS Office Suite, including Pivot Tables
• Knowledge of accounting and accounts receivable software and databases (e.g. Workday, MRI, Yardi)
• 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
  
  

Base Compensation Range

$100,000.00 To $120,000.00 Annually. This represents the presently-anticipated low and high end of the Company’s base compensation range for this position. Actual base compensation range may vary based on various factors, including but not limited to location and experience.

Total Direct Compensation: This job is also eligible for discretionary bonus and incentive compensation on an annual basis.

Benefits: The Company provides a variety of benefits to employees, including health insurance coverage, retirement savings plan, paid holidays and paid time off (PTO).

The additional total direct compensation and benefits described above are subject to the terms and conditions of any governing plans, policies, practices, agreements, or other materials or documents as in effect from time to time, including but not limited to terms and conditions regarding eligibility.

Please review the job applicant privacy notice here.

Perks for You

• Competitive salary, overall compensation, and 401(k)
• Work-life balance offerings include:
• Hybrid 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
  

Job Applicant Privacy Notice

EEO Statement

Revantage 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