Accountant, Senior Housing

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Who We Are

Revantage is a Corporate Services affiliate of The Blackstone Group, the world's largest alternative investment firm. Revantage provides a highly skilled employee base, best-in-class processes, and state-of-the-art technology to multiple Blackstone real estate portfolio companies. Sectors include Hospitality, Industrial, Multi-Family, Office, Retail, Senior Housing, Manufactured Homes, Data Centers, Self-Storage, and Student Housing.

Revantage, headquartered in Chicago, is one of three global offices that includes Revantage Asia and Revantage Europe.

What We Value: Our Culture

Creating a culture that inspires change and momentum require the right team. We know what it takes to lead an industry, and are looking for leaders who seek constant growth, want to excel, and continuously improve upon themselves and the industry. The culture at Revantage is built on our shared core values and commitment to be:

  • Achievers - We expect high standards for ourselves and enable the success of our teams.
  • Enthusiasts - We face challenges with optimism and believe anything is possible.
  • Leaders - We commit to continuously improve our performance.
  • Learners - We learn from our challenges and successes.
  • Partners - We deliver value and positive impact to our partners.

Why This Role Is Valuable

The Accountant (Senior Housing) is responsible for preparing, analyzing, and reporting the financial and operating results of real estate portfolio companies and stand-alone investments, including the preparation and review of the following: consolidated GAAP financial statements, cash flow forecasts, monthly and quarterly reporting packages, supporting reconciliations and schedules, variance analysis, and annual audited financial statements. This position is based out of Revantage's headquarters in Chicago, IL.

How You Add Value

  • Perform monthly, quarterly, and annual accounting activities, including reconciliations, coordination, and reviewing of financial reports/support.
  • Ensure compliance with accounting policies and procedures, as well as resolving accounting related issues.
  • Perform monthly/quarterly account analysis and roll-forwards of selected general ledger accounts to ensure accounts properly reflect the company's financial position in accordance with company policy and GAAP.
  • Review ledger detail, record adjusting journal entries, and prepare supporting schedules for GAAP-based financial statements.
  • Review property-level financial results prepared by a third-party operator to ensure results properly reflect the company's financial position and are in accordance with GAAP.
  • Communicate and maintain good working relationship with both third-party operator(s) and Blackstone clients.
  • Assist in the preparation of annual audited financial statements, including footnote disclosures, and supporting schedules as needed.
  • Respond to audit inquiries from accounting firms.
  • Assist in the accounting due diligence review and recording of portfolio acquisitions, dispositions, operator transitions, and financing transactions
  • Prepare bank reconciliations and journal entries as needed.
  • Maintain fixed asset schedules, track assets, record monthly depreciation and amortization.
  • Review, update, and maintain chart of accounts mapping between all applicable parties. Identify discrepancies or any corrections needed and understand impact of any mapping changes.
  • Participate and contribute to any requested ad hoc projects, whether it be for the individual team or the larger accounting group.
  • Provide account analysis services directly to Blackstone as needed.

What You Bring To The Role

Required:

  • Minimum of 1 year general accounting experience
  • Bachelor's degree in Accounting
  • Knowledge of US GAAP
  • Strong working knowledge of MS Office, accounting software and databases
  • Excellent communication, problem solving and interpersonal skills necessary
  • Ability to multi-task and manage shifting priorities in a fast-paced environment
  • Strong attention to detail and ability to work both independently and in a team environment
  • Team player, positive attitude, and willingness to help (take on additional responsibilities as appropriate)

Preferred:

  • Real estate knowledge
  • Knowledge of Workday software and applications
  • CPA certification (registered or licensed a plus)
  • Fluency in French (a plus for projects related to new Canadian Senior Housing Investment)

EEO Statement

Our company is proud to be an equal opportunity employer . We celebrate diversity and are committed to creating an inclusive environment for all employees. Our employment decisions are based on individual qualifications, job requirements and business needs without regard to race, color, marital status, sex, sexual orientation, gender identity and/or expression, age, religion, disability, citizenship status, national origin, pregnancy, veteran status and or any other legally protected characteristics. We are committed to providing reasonable accommodations, if you need an accommodation to complete the application process, please email [email protected] .

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Technology we use

  • Engineering
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What are Revantage, a Blackstone Real Estate Portfolio Company Perks + Benefits

Revantage, a Blackstone Real Estate Portfolio Company Benefits Overview

At Revantage, culture is paramount. However, a company cannot have a strong company culture without valuing its employees and fostering their wellbeing, success, and personal & professional development. From a generous PTO offering to job training & diversity programs, Revantage’s benefits package serves each employee.

Culture
Volunteer in local community
All employees receive 8 hours paid to volunteer for a local cause of their choice. In this way, Revantage supports the all employees in making an impact in their communities.
Partners with nonprofits
Revantage is a corporate partner to CoreGiving, a 501©(3) organization created in 2016 to fight child hunger in communities we serve throughout the U.S.
Open door policy
OKR operational model
Team based strategic planning
Open office floor plan
Flexible work schedule
Employees can work remotely up to three days a week, and if flexibility in hours is needed, that can be arranged with manager.
Remote work program
Diversity
Dedicated diversity and inclusion staff
Highly diverse management team
At Revantage, we are very proud of the diversity in our leadership teams.
Mandated unconscious bias training
Our employees and leaders are given an annual unconscious bias training in order to cultivate a more equitable and diverse workforce.
Diversity employee resource groups
Revantage has several resource groups including Women in Network - an opportunity for women at Revantage to drive their growth, and Grassroots - an employee-led cultural awareness initiative.
Hiring practices that promote diversity
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
This account allows you to pay eligible medical, dental and vision expenses with pre-tax dollars. You can contribute up to $2,850 per plan year to this account.
Disability insurance
100% employer-paid short term and long term disability insurance. Employees also receive a payroll supplement while on leave so they receive 100% of pay for up to 12 weeks.
Dental insurance
Revantage covers 100% of dental insurance premiums.
Vision insurance
Revantage covers 100% of vision insurance premiums.
Health insurance
Employees can select from multiple plans, including PPOs, HDHPs, and HMOs. Coverage is effective the first date of employment.
Life insurance
Life insurance is provided at no cost to employees.
Pet insurance
Wellness programs
Revantage provides complementary on-site gym membership, Headspace mediation app membership and ongoing wellness programs.
Mental health benefits
Revantage offers a Wellness Wednesday Speaker Series, a free subscription to Headspace, access to the EAP, and has instituted a no after-hours meeting policy.
Financial & Retirement
401(K)
Revantage's 401(k) platform through Insperity offers SmartPlan educational tools and calculators to educate employees on plan basics, retirement needs, risk profile, investments, and contributions.
401(K) matching
401(k) retirement plan matches dollar for dollar up to 6% of employee pay with immediate vesting.
Performance bonus
Revantage firmly believes in rewarding employees for hard work and offers annual bonuses to employees that meet performance goals.
Child Care & Parental Leave Benefits
Childcare benefits
Revantage offers back-up childcare via Bright Horizons.
Generous parental leave
12 weeks of fully-paid parental leave.
Family medical leave
Adoption Assistance
Revantage reimburses eligible employees for qualified adoption expenses.
Vacation & Time Off Benefits
Generous PTO
We provide 17 PTO days, 3 floating days, & 12 paid holidays off to recharge including Juneteenth, the Fridays before Labor and Memorial Day, time off for voting, and summer hours every other Friday.
Paid volunteer time
Revantage employees receive 8 hours of paid time off annually to volunteer for a non-profit of their choice in their community.
Paid holidays
Office Perks
Commuter benefits
Our commuter benefits policy allows participants to save up to 40% on transportation costs by paying for mass transit and/or parking expenses with pretax dollars.
Company-sponsored outings
Revantage has quarterly paid office outings, as well as company-wide annual holiday parties and other events, for all employees.
Free snacks and drinks
Our fully-stocked kitchens offer free healthy snacks (beef jerky, cheese, vegetables, etc.), gourmet coffee machines, unlimited sparkling water, kombucha, cold brew and beer on tap.
Some meals provided
Company-sponsored happy hours
Revantage has quarterly happy hours an provides in-office space for team happy hours.
Onsite office parking
Parking assistance available though Wage Works.
Onsite gym
Professional Development Benefits
Job training & conferences
Revantage offers several internal training & development programs: Team Leader Effectiveness Program, Foundations of Inclusiveness, the DEVELOP Portal, and the Blueprint Onboarding Program.
Tuition reimbursement
The Educational Assistance Program reimburses employees up to $5,250 per year for approved undergraduate and graduate courses taken as a part of a degree program..
Lunch and learns
Revantage has a monthly Lunch & Learn series called, "Reach," a program designed to promote better understanding of Revantage and its leaders.
Promote from within
Online course subscriptions available
Customized development tracks
Paid industry certifications
The License and Certification Program reimburses employees for 100% of the cost for license and certification exams after all parts of the exam have been successfully passed.

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