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 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:
Grow your career with us. As a member of our team youll 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 Property Accounting Assistant Controller is responsible for a portfolio of 20-25 commercial retail and office assets and oversight of a team of two - three property accountants ensuring accurate general ledger accounting financial reporting and adherence to internal controls and deadlines. This position will be based in Dallas TX.
HOW YOU ADD VALUE
Leadership & Team Management
Manage a team of two - three accountants performing general ledger accounting fixed asset maintenance job-costing month-end close activities and reporting
Manage the training of accounting personnel
Responsible for completing bi-annual employee reviews mentoring and career development
Build and sustain a collaborative high-performance team culture aligned with our core values: Learners Leaders Enthusiasts Achievers and Partners
Property Accounting Operations
Responsible for full GAAP Accounting for portfolio of retail assets
Managemonthly quarterly and year-end closesfor assigned properties including journal entries accruals and reconciliations.
Oversee and reviewproperty-level general ledgers ensuring accurate posting of rental income operating expenses and capital expenditures.
Monitortenant ledger activityincluding billing rent escalations lease abstracts tenant improvement allowances and security deposit accounting.
Ensure compliance withlease terms property management agreements and lender requirements.
Assist in oversight of the CAM (common area maintenance) process. Manage the prepayment and settlement process to ensure timely accurate and seamless execution. Review prepayment and settlement calculations for accuracy and adherence to lease.
Review property-level and consolidatedfinancial statements variance analyses and management reporting packages.
Review property-levelcash flow forecasts
Review property level and consolidated workpapers
Review bank reconciliations
Review acquisition and disposition entries
Collaborate with asset management and operations teams to support budgeting forecasting and performance analysis
Special projects as required
Internal Controls & Compliance
Maintain and strengthen internal controls to ensure adherence to company policies and regulatory requirements
Participate in external audits coordinate and review auditor requests
Continuous Improvement Mindset
Streamline accounting processes to improve accuracy timeliness and efficiency and champion a culture of continuous improvement
Create modify and improve accounting workpapers
Relationship Management
Manage deliverables and deadlines across multiple stakeholders including Revantage portfolio company and Blackstone in a fast-paced deadline driven environment
Coordinate with Property Management to support business operations
Develop close partnerships with portfolio company to enable business strategies and goals
Maintain service level agreements
WHAT YOU BRING TO THE ROLE
Required:
Bachelors degree in accounting a CPA certification is preferred
7-10 years of accounting experience; 4-5 years of progressive commercial real estate accounting experience
3-5 years of supervisory experience
Proficient in accounting software systems and CAM modules including Yardi.
Desire to thrive and be successful in a fast-paced deadline-driven high-growth environment.
Solutions-oriented approach with a sense of urgency in responding to complex or unexpected issues
Exceptional financial acumen with meticulous attention to detail
Excellent analytical quantitative and problem-solving skills.
Strong knowledge of GAAP real estate accounting principles financial reporting standards CAM billings and regulatory compliance requirements in the commercial real estate industry
Strong ability to analyze processes and procedures and provide strategic recommendations for improvement
Excellent oral and written communication skills.
Proficient in Microsoft Excel.
Preferred:
Public Accounting experience
Base Compensation Range:
$150000.00 To $180000.00 Annually. This represents the presently-anticipated 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
EEO Statement
Revantage is an equal opportunity 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:
Junior IC