AVP Accounting
AVP Accounting
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Job Description
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 valueadded services and worldclass talent for Blackstone Real Estate portfolio companies spanning diverse asset classes including residential logistics office hospitality and retail sectors. Headquartered in Chicago the companys 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 todo 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 youll gain handson experience in the real estate industry and benefit from a supportive environment that fosters personal and professional growth.
Why This Role Is Valuable
The AVP Accounting (Other) role oversees all activities related to supervising and managing the Student Housing and Storage investments owned by Blackstone and held within the BREIT and BPP Funds. The role is responsible for overseeing those responsible for preparing analyzing and reporting on the financial and operating results of the Storage and Student Housing investments at the asset level investment level and a consolidated level. A successful Manager of Accounting is knowledgeable about real estate principles (GAAP SEC) and has a strong business acumen and the ability to multitask inter and external requests.
How You Add Value
Manages and oversees the daily operations of Student Housing and Storage Investment Reporting including overseeing and reviewing the monthend quarterend and yearend close processes such as account reconciliations prior period adjustments and monthly journal entries bank reconciliations etc. to ensure accuracy and completeness
Provide guidance support and direct supervision to the following positions: Senior Accountants Accountants Associates and Interns
Reviews and analyzes accounting data and produces financial reports or statements such as P&Ls Balance Sheets and forecasts at the individual asset level and the consolidated portfolio level for the Student Housing and Storage assets.
Provides variance reporting to assess property performance month to month.
Leads onboarding and wind down efforts of acquisitions dispositions and change of operators
Instrumental in the preparation of certain due diligence reports such as the review of trailing twelvemonth financials
Reviews projects assigned to staff to ensure compliance (lender or other) reporting accuracy and timeliness.
Ensures all property invoices paid at the corporate level are processed and paid timely
Ensures adherence to proper accounting methods policies and principles
Provides recommendations to improve systems and procedures and initiate corrective actions. Ensures direct reports are handling processes in a like and efficient manner.
Constructs reliable cash models to project an assets future performance
Establishes and maintains fiscal files and records to document transactions
Assists in the preparation and review of annual audited financial statements
Assists with developing and documenting business processes and accounting policies to maintain and strengthen internal controls
Interacts with internal staff related company (such as Insurance Tax and Treasury) and external service providers to complete assigned responsibilities
Incorporates anticipated demand driven by company initiatives and business conditions to ensure required capacity and skills will be available in the future
Assesses and reacts to changing business conditions in terms of their impact to the organization they lead.
Ensures teams processes and procedures support the departments goals according to guidelines and policies
Partners with senior managers to identify and drive external relationships with the teams key contacts and stakeholders including third party accounting departments and thirdparty operators accounting teams.
What You Bring To The Role
Required:
Bachelors Degree with a major in Finance Accounting or closely related field
Minimum 6 years of experience in financial analysis financial reporting and general accounting
Minimum 1 year people management experience
Extensive experience with accounting ERP systems and other accounting software
Requires understanding of financial models corporate financials and regulatory market. Drive and desire to learn new technologies and grow technical and functional skill sets
Passion for making business processes more efficient and successful
Real estate accounting knowledge a plus
Must have knowledge of US GAAP
Strong working knowledge of MS Office accounting software and databases
Excellent communication problem solving and interpersonal skills necessary
Ability to multitask and manage shifting priorities in a fastpaced environment
Strong attention to detail and ability to work both independently and in a team environment
Preferred:
Minimum 3 years people management experience
CPA
Base Compensation Range:
$110000.00 To $125000.00. This represents the presentlyanticipated low and high end of the Companys 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)
- Worklife balance offerings include:
- Hybrid Work Policy
- Productivity Hours weekly meetingfree work time
- Summer Fridays
- Work From Anywhere Month
- Inhouse and external learning & development opportunities
- Generous health insurance and wellness benefits
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
Required Experience:
Exec
Employment Type
Full-Time
