Associate II, Sr. Property Accountant

Who We Are 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 companys 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 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 This role is responsible for aligning our Property Management fixed asset projects with the Blackstone framework. You will handle job cost assignments as well as ensuring adherence to protocol for both GAAP reporting and internal project tracking. How You Add Value Job Cost Ownership (Primary) Own the job code life cycle in the ERP intake new job code requests, validate budget authorization, confirm setup attributes (job type, cost list, phase, entity, project tag), and shepherd codes through approval before they are made active. Investigate and resolve miscoded costs in partnership with Property Accountants, Construction Accountants, and Procore users; coordinate reclassification entries before month-end close. Maintain a CIP aging dashboard Support quarterly and annual job code clean-up cycles Job Cost to GL Reconciliation Perform monthly Job Cost to General Ledger reconciliations across assigned portfolios; investigate and resolve variances within the close calendar. Communicate findings, root causes, and corrective actions clearly to in-house Property Management and Property Accounting Accounting Treatment Knowledge (Supporting) Apply a working understanding of capitalization vs. expense criteria under U.S. GAAP and ASC 360, including the companys capitalization policy thresholds and useful life conventions. Understand the accounting treatment for all job types the team manages capital projects, building improvements, site improvements, tenant improvements, landlord work, FF&E, leasing commissions, leasing legal, lease incentives / tenant inducements, and loan origination cost Maintain awareness of the downstream fixed asset life cycle (setup, depreciation cadence, retirement, disposal) sufficient to anticipate hand-off needs and avoid rework. Placed-in-Service Hand-off Gather and validate placed-in-service documentation from Property Controllers completion date, final cost reconciled to job cost, asset categorization, tenant/lease linkage for TI, GL mapping, retainage status, and supporting evidence. Deliver a clean hand-off package to the Fixed Asset team so the asset can be set up in the FA system without follow-up loops. Confirm zero residual CIP balance on the job at hand-off; coordinate any final reclasses with the close team. What You Bring To The Role Required: Bachelors degree in Accounting or Finance Minimum 2 years experience in Project Management or Construction accounting Knowledge of Microsoft Word, Excel Required software: Yardi 8 or 7/7s Required skills: Familiar with job costing and project management Preferred: Hands-on Yardi Job Costing and Fixed Asset Manager experience in a multi-entity real estate environment. Familiarity with REIT reporting cadences (monthly close for REIT-style vehicles, quarterly close for non-traded structures). Exposure to purchase price allocation (PPA) on acquired real estate assets. Familiarity utilizing AI tools (e.g., Microsoft Copilot, Claude, ChatGPT, etc.) to drive efficiency in accounting workflows reconciliations, variance analysis, documentation, and data review. Base Compensation Range: $90,000.00 To $110,000.00 Annually. This represents the presently-anticipated low and high end of the Companys base compensation range for this position. Actual base compensation range may vary based on various factors, including but not limited to location and experience. Total Direct Compensation: This job is also eligible for discretionary bonus and incentive compensation on an annual basis. Benefits: The Company provides a variety of benefits to employees, including health insurance coverage, retirement savings plan, paid holidays and paid time off (PTO). The additional total direct compensation and benefits described above are subject to the terms and conditions of any governing plans, policies, practices, agreements, or other materials or documents as in effect from time to time, including but not limited to terms and conditions regarding eligibility. 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 Please review the Job Applicant Privacy Notice. 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 talent@revantage.com Revantage, a Blackstone Real Estate portfolio company, is a global corporate services leader headquartered in Chicago. In Pursuit of Better, the company delivers value-add services and best-in-class talent to Blackstone real estate portfolio companies and investments across asset classes including logistics, residential, office, hospitality and retail in North America, Europe, Asia, Australia and New Zealand. From Finance to Technology to Human Resources, Revantage anticipates service needs, hires exceptional talent and enables its business partners to thrive, while fostering a fun and inclusive culture for its team members.