Analyst II, Functional Property Accountant

Who We Are

Revantage provides real estate services to Blackstone - the worlds largest alternative asset manager. Blackstones real estate portfolio includes industrial & logistics residential office hospitality and retail properties in North America Europe and Asia Pacific. Revantages global reach supports Blackstone real estate portfolio companies with best-in-class talent and corporate services - from legal to technology to people and culture. Some of the key services include legal compliance risk management due diligence valuations & portfolio reporting services portfolio management transaction execution support accounting tax treasury insurance technology property management etc. With presence across US UK Luxembourg Netherlands Singapore India and Australia Revantage supports Blackstone real estate portfolio companies and its partners across 50 countries.

Job Description Summary

The Functional Property Accountant is responsible for supporting a U.S. office real estate portfolio focused on specific functional areas within the accounting cycle and other recurring transactional processes for an assigned group of properties and entities. This role does not carry full-cycle accounting ownership; instead it executes defined tasks accurately and on schedule working closely with the onshore accounting team in the U.S. to keep monthly close activities on track. The ideal candidate brings foundational accounting knowledge strong attention to detail and the ability to manage multiple recurring processes across properties in a fast-paced environment. This is an exciting entry-level opportunity to build accounting experience with a leading organization in the office real estate sector.

Primary Responsibilities:

• Perform monthly bank reconciliations (property corporate and pool-level) and support cash management for assigned entities
• Handle day-to-day rent collection posting and reconciliation activities while meeting all department deadlines and coordinate with the onshore team when needed
• Prepare balance sheet account reconciliations and monthly financial statement report packages for assigned entities
• Maintain property tax workbooks and trial balance updates prepare payment submission packages for onshore review and post and reconcile monthly property tax accruals and prepayments for assigned properties
• Prepare and post recurring insurance and environmental insurance entries including monthly accruals and prepaid amortization and reconcile related accounts for assigned properties
• Maintain hotel property trial balance uploads/comparisons and support debt pool holding company entity accounting
• Prepare and post ground lease journal entries for assigned properties
• Reconcile garage revenue and related expenses monthly
• Perform monthly straight-line rent true-ups by reconciling the manual straight-line rent file against the Financial Accounting Standards Board (FASB) summary report and posting adjusting entries
• Prepare and post monthly elimination journal entries for intercompany balances and activity across assigned entities and reconcile intercompany accounts to confirm balances agree and eliminate fully in consolidation
• Support ad hoc requests as needed

Required Experience:

Education

• University/College Accounting degree consistent with local market expectations for role
• Accounting certifications consistent with local market expectations for role

Experience

• 2-3 years of accounting experience preferred
• Exposure to recurring transactional accounting processes such as bank reconciliations journal entry preparation cash application or account reconciliations
• Experience working to defined monthly close deadlines within a structured controls-based process
• Real estate or property accounting experience is a plus
• Experience in a GCC (Global Capability Center) shared services or BPO environment supporting a US-based team is strongly preferred

Technical Skills

• Knowledge of Department Policies Processes and Procedures
• Desire to thrive in a fast-paced deadline-driven high-growth environment
• Ability to follow documented procedures accurately and consistently across recurring monthly processes
• Software Tools & Applications: Strong MS Excel skills required; familiarity with ERP and accounting systems such as MRI is preferred

Critical Competencies for Success:

• Attention to Detail: Maintains accuracy in monthly close reconciliations and reporting. Ensures financial information is complete well-supported and reliable
• Analytical Thinking: Analyzes account balances and variances to identify issues trends and opportunities for improvement
• Communication and Collaboration: Communicates clearly and professionally across all departments and builds strong working relationships and partners effectively across teams to support timely close and reporting accuracy
• Organization and Time Management: Effectively manages competing priorities recurring process volumes and deadlines while maintaining strong follow-through and responsiveness
• Accountability: Takes ownership of assigned work and accounting processes ensuring deliverables are completed accurately and on time

• Adaptability: Thrives in a dynamic fast-paced environment and adjusts effectively to changing priorities volumes and business needs. Able to work effectively across time zones
  

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The Company is an equal opportunity 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