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AVP, Accounting (Real Estate)

AVP, Accounting (Real Estate)

Revantage, A Blackstone Portfolio CompanyChicago, IL, United States
4 days ago
Job type
  • Full-time
Job description

Join to apply for the AVP, Accounting (Real Estate) role at Revantage, a Blackstone Portfolio Company .

Company Overview

Revantage is a global provider of corporate services supporting Blackstone Real Estate portfolio companies. Headquartered in Chicago with operations across North America, Europe and Asia Pacific, we deliver finance, technology, human resources and operations solutions with a focus on collaboration and inclusion.

What We Value : Culture

  • 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

Why This Role Is Valuable

The AVP, Accounting role oversees all activities related to supervising and managing the Single Family Residential and Storage investments owned by Blackstone and held within the BREIT and BREP Funds. The role is responsible for overseeing the preparation, analysis and reporting of financial and operating results at the asset, investment and consolidated levels.

How You Add Value

  • Manages and oversees daily operations of Single Family Residential and Storage Investment Reporting, including month‑end, quarter‑end and year‑end close processes such as account reconciliations, prior period adjustments, journal entries and bank reconciliations.
  • Provides guidance and direct supervision to Senior Accountants, Accountants, Associates and Interns.
  • Reviews and analyzes accounting data and produces financial reports or statements such as P&L’s, Balance Sheets and forecasts.
  • 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 twelve‑month financials.
  • Reviews projects assigned to staff to ensure compliance and 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 efficiently.
  • Constructs reliable cash models to project an asset’s 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 strengthen internal controls.
  • Interacts with internal staff, related companies (Insurance, Tax and Treasury) and external service providers.
  • 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 and their impact to the organization.
  • Ensures team processes and procedures support the department’s goals according to guidelines and policies.
  • Partners with senior managers 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.
  • Requirements

  • Bachelor’s Degree with a major in Finance, Accounting or a closely related field.
  • Minimum 6 years of experience in financial analysis, financial reporting and general accounting.
  • Minimum 3 years of people‑management experience.
  • Extensive experience with accounting ERP systems and other accounting software.
  • Understanding of financial models, corporate financials and regulatory markets.
  • Passion for making business processes more efficient and successful.
  • Real‑estate accounting knowledge is 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.
  • Ability to multi‑task and manage shifting priorities in a fast‑paced environment.
  • Strong attention to detail and ability to work independently as well as in a team environment.
  • Preferred

  • CPA designation.
  • Base Compensation Range

    $123,684.00 – $165,000.00 Annually. This represents the anticipated low and high end of the company’s base compensation range for this position.

    Total Direct Compensation

    Eligible for discretionary bonus and incentive compensation on an annual basis.

    Benefits

    The company provides a variety of benefits, including health insurance coverage, retirement savings plan, paid holidays and paid time off (PTO).

    Perks for You

  • Competitive salary, overall compensation, and 401(k).
  • Work‑life balance offerings : 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.
  • 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, sex, gender, gender expression, gender identity, marital status, sexual orientation, pregnancy, age, national origin, citizenship, physical or mental disability, genetic information, protected leave 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.

    Referrals increase your chances of interviewing at Revantage, a Blackstone Portfolio Company by 2x.

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