Sr. Associate, Sr. Accountant

Revantage, A Blackstone Portfolio Company•Chicago, IL

9d•Hybrid

About The Position

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.