VP, Property Accounting

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

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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.

WHY THIS ROLE IS VALUABLE

We are establishing a new property accounting team to manage the accounting for a portfolio of approximately 175 retail assets. The Property Accounting Lead (VP – Property Accounting) will be responsible for building all aspects of the function from the ground up, overseeing both onshore and offshore teams. This is a unique opportunity to design and implement a best in-class property accounting function that is process-driven, standardized, automated, and scalable. The role is highly strategic, involving organizational design, process optimization, and leadership development, while also requiring a hands-on approach to deeply understand and refine accounting operations. The ideal candidate is a strategic leader with proven experience leading property accounting teams.

HOW YOU ADD VALUE

Build and design the Property Accounting Organization

• Lead implementation of a new ERP system (Yardi)

• Hire & oversee onboarding and training of offshore and onshore teams

• Design and establish best in class processes for timely, accurate, and high-quality accounting records and reporting

• Standardize accounting processes across asset classes

• Design and establish scalable processes to accommodate future growth

• Ensure accounting processes comply with internal controls

Leadership & Team Management

• Manage a team of 50+ accountants and professionals performing general ledger accounting, lease administration, accounts receivable, accounts payable, fixed asset maintenance, job-costing, month-end close activities and reporting

• Build and sustain a collaborative, high-performance team culture aligned with our core values: Learners, Leaders, Enthusiasts, Achievers, and Partners

• Foster professional development and mentor talent

• Manage the recruitment and training of accounting personnel

• Conduct resource planning, including allocating tasks across multiple team members to ensure efficient utilization of resources

• Establish metrics and review procedures to ensure the offshore team operates effectively and is held accountable for performance

Property Accounting Operations

• Responsible for full GAAP Accounting of portfolio of approximately 175 assets

• Provide leadership and guidance to teams managing general ledger accounting, lease administration, accounts receivable, accounts payable, and fixed assets

• Oversee accounts receivable process including billing and cash application

• Oversee the CAM (common area maintenance) process to ensure the Company recovers the maximum allowable expenditures.  Manage the prepayment and settlement process to ensure timely, accurate, and seamless execution

• Ensure timely, efficient, and high-quality completion of all financial close processes with a proactive, hands-on approach

• Oversee the preparation and execution of financial reports for management and lenders, ensuring reporting is timely, accurate, and in compliance.

Internal Controls & Compliance

• Design, maintain, strengthen, and evolve internal controls to ensure adherence to company policies and regulatory requirements

• Coordinate and actively participate in external audits, serving as a key liaison with auditors to ensure smooth and successful audit outcomes

Continuous Improvement Mindset

• Champion a culture of continuous improvement by implementing process-oriented, automated solutions that enable the team to scale for growth

Relationship Management

• Manage deliverables and deadlines across multiple stakeholders, including Revantage, portfolio company, and Blackstone, in a fast-paced, deadline driven environment

• Present complex data and recommendations to senior leadership, fostering trust and influencing strategic direction

• Develop close partnerships with Revantage, portfolio company, and Blackstone leadership to enable business strategies and goals

• Maintain service level agreements

• Act as a key support contact for analytical and ad-hoc financial requests from the executive leadership team, portfolio company, and Blackstone, providing timely and insightful information to aid in strategic decision-making

• Communicate financial results effectively to stakeholders and influence decision-making across the organization

WHAT YOU BRING TO THE ROLE

Required:

• Bachelor’s degree in accounting, a CPA certification is preferred

• Experience leading a property accounting team, preferably retail and office assets

• 15+ years of accounting experience; 10+ years of progressive, commercial real estate accounting experience

• Minimum 5-10 years leading and managing large accounting teams

• Experience managing offshore teams

• Proficient in accounting software systems and CAM modules, including Yardi. 

• Experience implementing an ERP system

• 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.

Preferred:

• Public Accounting experience

Base Compensation Range:

Total Direct Compensation:  This job is also eligible for discretionary bonus and incentive compensation on an annual basis.

Please review the job applicant privacy notice here.

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]