Revantage, A Blackstone Portfolio Company · 1 day ago
Associate, Sr. Accountant
Dallas, TX
Full-time
Hybrid
Entry, Mid Level
$90K/yr - $110K/yr
1+ years expRevantage, a Blackstone Real Estate portfolio company, is a global provider of corporate services. The Associate, Sr. Accountant role involves comprehending and investigating accounting consequences of purchase and sale agreements, preparing internal closing statements, and ensuring timely and accurate reporting to Blackstone and portfolio companies.
ConstructionConsultingReal EstateRisk Management
Responsibilities
Comprehend newly executed purchase and sale agreements and understand/investigate any accounting consequences as well as the impact of prorations
Comprehend newly executed joint venture agreements and loan documents and understand/investigate any accounting and/or financial reporting consequences on an asset and fund-level
Calculate prorations on transactions for inclusion in the closing statement based on the purchase and sale agreement
Draft internal closing statement to be distributed to the buyer, seller, and title company (reconcile to title company statement); coordinate internal team and buyer review/approval prior to closing
For property acquisitions, prepare accounting system templates to create, set up, and onboard new assets and legal entities
For property acquisitions, assist with third party purchase price allocation reports and prepare corresponding entries
For property acquisitions, test key inputs used in the purchase price allocation estimates
Prepare disposition journal entries and gain/loss calculation and ensure properly recorded by the property managers
Assist with audit inquiries from public accounting firms related to transaction testing
Prepare special ad hoc projects and analysis on a frequent basis
Demonstrate ability to gather deal information from a variety of sources and to create and maintain multiple deal and reporting trackers to share with all relevant internal parties for planning purposes
Provide recommendations to improve processes and procedures and initiate corrective actions
Accountable to Blackstone and portfolio companies for timely and accurate reporting
Support initiatives to ensure smooth business partner experience across the team
Respond to business partner inquiries and commit to deliverables by leveraging resources across the team
Partner with other team members to identify and drive external relationships with the team’s key contacts and stakeholders, including third-party accounting departments and third-party operators’ accounting teams
Qualification
Required
Bachelor's Degree with a major in Accounting, Finance or closely related field
Minimum 1 - 3 years of real estate investment accounting experience
Knowledge of GAAP
Advanced knowledge of MS Office Suite, including Excel, Word, and PowerPoint
Excellent communication, problem solving and interpersonal skills
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
Preferred
CPA certification
Big 4 public accounting experience
Commercial real estate fund reporting experience (open-ended fund, closed-end fund, separate account, and/or REIT-related)
Experience in preparing and/or reviewing third party appraisals reports and/or internal valuations
Accounting system consolidation experience/knowledge
Benefits
Health insurance coverage
Retirement savings plan
Paid holidays
Paid time off (PTO)
401(k)
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
Company
Revantage, A Blackstone Portfolio Company
A global corporate services leader proudly serving Blackstone Real Estate portfolio companies and investments.
501-1000 employees
H1B Sponsorship
Revantage, A Blackstone Portfolio Company has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (9)
2024 (5)
2023 (8)
2022 (8)
2021 (1)
2020 (1)
Funding
Current Stage
Late StageLeadership Team
Matt DeMonte
President and Chief Executive Officer, Global Head
Recent News
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