Associate II, Sr. Property Accountant

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 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 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 Senior Property Accountant is responsible for a portfolio of commercial retail and office assets 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

Property Accounting Operations

• 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

• Review property general ledger detail record adjusting journal entries and prepare supporting schedules for GAAP-based financial statements

• Review straight-line rent calculations

• Prepare and review expense accruals

• Review bank reconciliations

• Review invoice coding

• Prepare and review property level and consolidated variance analysis

• Prepare and review property level and consolidated workpapers including balance sheet reconciliations and roll forwards

• Assist in Common Area Maintenance (CAM) process. Prepare and review CAM pool setup in accounting software. Prepare and review annual prepayment calculations and yearend settlement calculations to ensure timely and accurate calculations and adherence to lease. Ensure all adjustments are billed timely and correctly per lease requirements.

• Participate in CAM annual budget process.

• Prepare and review property-level and consolidatedfinancial statements and management reporting packages

• Prepare and review property level and consolidated reporting to lenders joint venture partners and portfolio companies

• Prepare property-levelcash flow forecasts

• Review acquisition and disposition entries

• Collaborate with asset management and operations teams to support budgeting forecasting and performance analysis

• Function as a resource to onsite property teams as required coordinating procedures responding to accounting questions and responding to client questions

• Assist with annual budget preparation compile key assumptions and capital budget information review for reasonableness and ensure timely and accurate entry into the accounting system

• Special projects as required

Leadership

• Train new property accountants and provide guidance throughout the year

• Review journal entries workpapers variance analysis and reports prepared by property accountants

Internal Controls & Compliance

• Gain a complete understanding of the internal accounting control requirements and ensure requirements are met

• 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

WHAT YOU BRING TO THE ROLE

Required:

• Bachelors degree in accounting a CPA certification is preferred

• 4-5years of accounting experience;2years of commercial real estate accounting experience

• Strong knowledge of US GAAP real estate accounting principles financial reporting standards CAM billings and regulatory compliance requirements in the commercial real estate industry

• 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.

• Exceptional financial acumen with meticulous attention to detail

• Excellent analytical quantitative and problem-solving skills.

• 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:

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

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 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