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Employer: Revantage Corporate Services LLC

Job Title: Associate, Sr. Accountant

Worksite: 2699 Howell Street, Dallas TX 75201

Job Duties:Comprehend/review newly executed purchase and sale agreements and understand/investigate any accounting consequences as well as the impact of prorations. Comprehend/review newly executed joint venture agreements and loan documents and understand/investigate any accounting and/or financial reporting consequences on an asset and fund-level. Coordinate supporting information needed with legal teams, title companies, Blackstone's real estate portfolio companies, lenders, and property managers to prepare closing statements; additional coordination directly with Blackstone on acquisitions. Calculate prorations on transactions for inclusion in the closing statement based on the purchase and sale agreement. Draft and finalize 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, setup, and onboard new assets and legal entities. For property acquisitions, review third-party purchase price allocation reports and prepare corresponding entries. Ensure the opening entries recorded reconcile to the executed closing documents and other support. Coordinate with Blackstone and/or their fund administrator and real estate portfolio companies in order to ensure the completeness of the entries recorded. For property acquisitions, summarize and document the methodologies, assumptions, and overall approach to testing the purchase price allocation reports. Coordinate with third-party valuation firms, Revantage valuations team, and Blackstone and/or their real estate portfolio companies' deal teams in assisting with the purchase price allocation estimates; test key inputs used in the purchase price allocation estimates. Prepare or review disposition journal entries and gain/loss calculation and ensure properly recorded by the property managers. Actively participate in calculating or reviewing reprorations (post-acquisition/disposition true-ups) within the designated period per the purchase sale agreement. Prepare or review acquisition/disposition roll forwards and cash flow summary on a quarterly basis. Prepare or review redisposition balance sheet clean up analysis and post balance sheet write off entries. Respond to audit inquiries from public accounting firms. Supervise accounting associate/senior and demonstrate leadership skills. Perform special ad hoc projects and analysis on a frequent basis. Telecommuting: Hybrid, 3 days in office, 2 days remote.

Requirements:This position requires a Bachelor's degree, in Finance, Accounting or a related field plus 4 years of experience in general accounting and/or financial analysis or related occupation. Alternatively, this position requires a Master's degree, in Finance, Accounting or a related field plus 2 years of experience in general accounting and/or financial analysis or related occupation. Additionally, the applicant must have professional experience with: 1) US GAAP to ensure the property financials are recorded GAAP's standards; 2)

Accounting Software and database such as Workday and ARGUS; 3) Microsoft Office Suite, including use of Excel formulas such as VLOOKUP or SUMIF, and ability to organize and manipulate data using filters and pivot tables; 4) Ability to analyze and abstract legal deal documents such as Purchase and Sale Agreements, Joint Venture Agreements, and Loan Agreements; 5) Real estate accounting concepts, ability to calculate gain or loss on sale of real estate and knowledge of the different types of real estate (i.e., multifamily vs hospitality), ability to prepare acquisition or disposition accounting journal entries

Visithttps://www revantage.com/northamerica/careers/experienced-roles/ for a complete job description, job requirements and to apply. Please reference

JR100844