Sr. Associate, Sr. Accountant
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About the role
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. Why This Role Is Valuable 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. How You Add Value 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. 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 Preferred: CPA certification Real estate knowledge Workday or Essbase experience Base Compensation Range: $90,000.00 To $120,000.00 Annually. This represents the presently-anticipated low and high end of the Company's base compensation range for this position. Actual base compensation range may vary based on various factors, including but not limited to location and experience. Total Direct Compensation : This job is also eligible for discretionary bonus and incentive compensation on an annual basis. Benefits: The Company provides a variety of benefits to employees, including health insurance coverage, retirement savings plan, paid holidays and paid time off (PTO). The additi