AVP, Assistant Controller - 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

The Property Accounting Assistant Controller is responsible for a portfolio of 20-25 commercial retail and office assets and oversight of a team of two - three property accountants, ensuring accurate general ledger accounting, financial reporting and adherence to internal controls and deadlines. This position will be based in Dallas, TX. 

HOW YOU ADD VALUE

Leadership & Team Management

• Manage a team of two - three accountants performing general ledger accounting, fixed asset maintenance, job-costing, month-end close activities and reporting

• Manage the training of accounting personnel

• Responsible for completing bi-annual employee reviews, mentoring, and career development

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

Property Accounting Operations

• Responsible for full GAAP Accounting for portfolio of retail assets

• Manage monthly, quarterly, and year-end closes for assigned properties, including journal entries, accruals, and reconciliations.

• Oversee and review property-level general ledgers, ensuring accurate posting of rental income, operating expenses, and capital expenditures.

• Monitor tenant ledger activity including billing, rent escalations, lease abstracts, tenant improvement allowances, and security deposit accounting.

• Ensure compliance with lease terms, property management agreements, and lender requirements.

• Assist in oversight of the CAM (common area maintenance) process.  Manage the prepayment and settlement process to ensure timely, accurate, and seamless execution.  Review prepayment and settlement calculations for accuracy and adherence to lease.

• Review property-level and consolidated financial statements, variance analyses, and management reporting packages.

• Review property-level cash flow forecasts

• Review property level and consolidated workpapers

• Review bank reconciliations

• Review acquisition and disposition entries

• Collaborate with asset management and operations teams to support budgeting, forecasting, and performance analysis

• Special projects as required

Internal Controls & Compliance

• Maintain and strengthen internal controls to ensure adherence to company policies and regulatory requirements

• Participate in external audits, coordinate and review auditor requests

Continuous Improvement Mindset

• Streamline accounting processes to improve accuracy, timeliness, and efficiency and champion a culture of continuous improvement

• Create, modify and improve accounting workpapers

Relationship Management

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

• Coordinate with Property Management to support business operations

• Develop close partnerships with portfolio company to enable business strategies and goals

• Maintain service level agreements

WHAT YOU BRING TO THE ROLE

Required:

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

• 7-10+ years of accounting experience; 4-5+ years of progressive, commercial real estate accounting experience

• 3-5 years of supervisory experience

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

• 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]