Associate, Sr. Accountant (BREIT Operational Fund Reporting)

Posted 6 Days Ago
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Chicago, IL
Hybrid
3-5 Years Experience
Real Estate
Revantage is an innovative, high-growth service provider serving Blackstone's investment portfolio.
The Role
The Senior Associate is responsible for preparing and reviewing investment and fund level reports in accordance with GAAP. They will prepare consolidated financials and conduct variance analysis, ensuring accuracy in financial representation. The role involves coordination with Asset Class Managers and compliance with financial reporting standards.
Summary Generated by Built In

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 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.
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 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.
Please review the job applicant privacy notice here .
WHY THIS ROLE IS VALUABLE
The Senior Associate, BREIT Operational Reporting is responsible for the preparation and review of Investment and Fund Level Reporting both in accordance with GAAP and Operation Asset Management Reporting. The Senior Associate, BREIT Operational Fund Reporting will also partner with the BREIT Asset Class Managers in preparing consolidated financials and investment level variance analysis. This position is based out of Revantage's headquarters in Chicago, IL or office in Dallas, TX.
HOW YOU ADD VALUE
Functional

  • Prepare and review monthly/quarterly/ annual reports with a focus on BREIT Fund Level Reporting.
    • Consolidated Occupancy Financials
    • FAD Report
    • Same Store NOI Reporting
    • Capex Reporting
    • Cash Report
    • Occupancy Reporting
    • Ad hoc financial reporting
  • Coordinate report updates and reviews with Asset Class Teams supporting BREIT.
  • Confirm that BREIT Reporting is in accordance with GAAP or Internal Asset Management Reporting, ensuring results properly reflect the company's financial position.
  • Assist in the preparation of annual audited financial statements, including footnote disclosures, and supporting schedules.
  • Document SOPs for all Fund Level BREIT Operational Reporting.


Relationship Management

  • Accountable to Blackstone and Portfolio Company's satisfaction with the accounting team's performance, responsiveness, and interactions.
  • Lead initiatives to ensure smooth business partner experience across the team.
  • Become day-to-day go-to person for Revantage business partners and Blackstone.
  • Respond to business partner inquiries and commit to deliverables by leveraging resources across the team.
  • Partner with team members to identify and drive external relationships with the team's key contacts and stakeholders.
  • Assist BREIT Teams with Fund Level Operational Reporting on an as-needed basis.


WHAT YOU BRING TO THE ROLE
Required:

  • 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
  • Real estate experience


Preferred:

  • CPA certification
  • Workday or Essbase experience


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


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, 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 [email protected]

What the Team is Saying

Jina
Bryce
The Company
HQ: Chicago , IL
575 Employees
Hybrid Workplace
Year Founded: 2017

What We Do

Revantage North America is a professional corporate services company that embraces ambition and innovation to serve Blackstone’s Real Estate portfolio companies.

Blackstone is one of the largest real estate private equity investment managers in the world, with a real estate portfolio that includes logistics, rental housing, office, hospitality and retail properties in the North America, Europe, and Asia.

Why Work With Us

If you’re looking to get high level exposure to senior leaders, be a pinch hitter, and grow rapidly within an organization, Revantage is the place for you. We work on a global playing field and interface directly with Blackstone and portfolio company executive management teams to problem solve using our best-in-class talent and resources.

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Revantage, a Blackstone Real Estate Portfolio Company Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

Typical time on-site: 3 days a week
HQChicago, IL
Dallas, TX
New York, NY
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