Analyst II, Functional Property Accountant

Who We Are

Revantage provides real estate services to Blackstone - the world’s largest alternative asset manager. Blackstone’s real estate portfolio includes industrial & logistics, residential, office, hospitality and retail properties in North America, Europe and Asia Pacific. Revantage’s 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
  

Job Applicant Privacy Notice

EEO Statement

The Company 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 TalentAcquisitionIndia@revantage.com