Sr. Associate, Sr. Accountant

Revantage•Chicago, IL

8d•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. 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 to do 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, you'll gain hands-on experience in the real estate industry and benefit from a supportive environment that fosters personal and professional growth. The Senior Associate, Accounting, is responsible for the implementation of monthly accounting processes for BREIT, ensuring compliance with GAAP and industry standards. The Senior Associate will also partner with Blackstone in preparing monthly consolidated financials and analysis. This position is based out of the Revantage office in Chicago, IL.

Requirements

Bachelor’s degree in accounting
Minimum 4 years’ experience in accounting, financial analysis, and reporting
Advanced knowledge of US GAAP
Excellent communication, problem solving and interpersonal skills necessary
Self-starter with strong team leadership and problem-solving skills, the aptitude to think independently, and the motivation to work with multiple teams in a rapidly changing environment
Ability to multi-task and manage shifting priorities and deadlines, with attention to detail and an ability to work both independently and in a team environment

Nice To Haves

CPA certification
Real estate knowledge
Workday or Essbase experience

Responsibilities

Play a key role in maintaining the monthly operational procedures for BREIT fund ensuring efficiency and scalability with the month-end close process.
Lead month-end close procedures, including journal entries, reconciliations, and variance analysis.
Prepare and review monthly reports with a focus on the following areas: Equity Cash Derivatives Assets and Liabilities P&L variance analysis 1031 exchange accounting Performance incentive accounting Debt and interest expense Offering costs
Work closely with Blackstone to ensure accurate financial tracking and reporting.
Establish and refine accounting procedures, ensuring compliance with GAAP and industry standards.
Identify opportunities to streamline data collection, reporting, and reconciliation through automation and process improvements.
Establish internal controls to safeguard financial accuracy and compliance with regulatory and investor requirements.
Assist in the preparation of quarterly and annual financial statements, including footnote disclosures, and supporting schedules
Take ownership of deliverables, proactively identifying areas of improvement in reporting and operational processes.