AVP II, Assistant Controller

Revantage, A Blackstone Portfolio Company•Dallas, TX

2d•$150,000 - $180,000•Hybrid

About The Position

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. 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.

Requirements

Bachelor’s 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.

Nice To Haves

Public Accounting experience

Responsibilities

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
Responsible for full GAAP Accounting for portfolio of retail assets
Manage monthly, quarterly, and year-end closes for assigned properties, including journal entries, accruals, and reconciliations.
Oversee and review property-level general ledgers, ensuring accurate posting of rental income, operating expenses, and capital expenditures.
Monitor tenant ledger activity including billing, rent escalations, lease abstracts, tenant improvement allowances, and security deposit accounting.
Ensure compliance with lease 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 consolidated financial statements, variance analyses, and management reporting packages.
Review property-level cash 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
Maintain and strengthen internal controls to ensure adherence to company policies and regulatory requirements
Participate in external audits, coordinate and review auditor requests
Streamline accounting processes to improve accuracy, timeliness, and efficiency and champion a culture of continuous improvement
Create, modify and improve accounting workpapers
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