Revantage

Finance, Associate Portfolio Accounting

Job Locations LU-Luxembourg
Job Post Information* : Posted Date 2 weeks ago(3/24/2025 8:59 AM)
ID
2025-6860

Overview

Who We ‘’R’’ 

 

Revantage Europe is a professional corporate services company that embraces ambition and innovation to service Blackstone’s European real estate investments. 

 

Blackstone is the world’s largest alternative asset manager, with a real estate portfolio that includes industrial & logistics, residential, office, hospitality and retail properties in North America, Europe, Asia, Australia and New Zealand. 

 

What We Value - Our Culture 

 

Creating a culture that inspires change and momentum requires the right team.  We know what it takes to lead an industry, and are looking for leaders who seek constant growth, want to excel, and continuously improve upon themselves and the industry. The culture at Revantage is built on our shared core values and commitment to be: 

 

  • Achievers: We expect high standards for ourselves and enable the success of our teams. 
  • Enthusiasts: We face challenges with optimism and believe anything is possible. 
  • Leaders: We commit to continuously improve our performance. 
  • Learners: We learn from our challenges, successes and the diversity of our people. 
  • Partners: We deliver value and positive impact to our partners. 

 

Why This Role Is Valuable 

 

Your role is (including but not limited to) providing general accounting and operations support to the Portfolio Accounting team within the Finance Department.  In this role you will be preparing and reviewing accounting and reporting for a number of pan European and Worldwide Real Estate portfolios of Blackstone managed investment funds. 

 

Responsibilities

Financial Accounting 

 

  • Review of property reporting packages prepared by local service providers; 
  • Review of bookings and reporting prepared by our center of excellence; 
  • Preparation and review of group GAAP adjustments and other journal entries while ensuring proper application of internal accounting policies and controls; 
  • Analysis of monthly and quarterly financial metrics and data (net operating income, capital expenditures intercompany reconciliations, net working capital, debt covenants and others); 
  • Support periodic group budgeting process. 

 

Reporting 

 

  • Facilitate monthly, quarterly and annual group reporting; 
  • Review external debt financial covenants; 
  • Assist with annual statutory accounts review; 
  • Assist with US Tax reporting; 
  • Assist with group consolidation process; 
  • Assist with various ad hoc financial reports/reconciliations. 

 

Cash management 

 

  • Assist in periodic cash distribution analysis and ensure timely cash repatriation to investors (cash flow analysis, tax mechanics, local regulatory requirements, etc.); 
  • Support the Account Manager in the liquidity analysis and cash management of the portfolio.  

 

Portfolio Management 

 

  • Assist with onboarding, acquisition, disposition, (re)financing and (re)structuring of Real Estate portfolios following Blackstone investment decision; 
  • Liaise with internal (tax, legal, treasury, etc.) and external parties (auditor, service providers, lawyers, etc.). 

 

Compliance & Risk 

 

  • Ensure legal and statutory compliance through liaison with the legal and compliance department. 

 

Other Responsibilities 

 

  • Assist with continuous improvement initiatives for all financial reporting processes; 
  • Support and coach junior members; 
  • Liaise with third party administrators and finance teams across Europe and Worldwide.

Qualifications

What You Bring To The Role 

 

  • Bachelor and/or Master’s degree in Accounting, Audit or Finance; 
  • Accounting certification (e.g. ACCA, CPA, ACA) would be considered a plus; 
  • At least 3 years of relevant professional experience (Real Estate preferred); 
  • Proficient user of MS Office; 
  • Knowledge of any accounting software is an asset (e.g. Yardi); 
  • Strong team player; 
  • Result oriented and hands-on-work mentality; 
  • Excellent organizational, analytical and problem-solving skills; 
  • Ability to collect, analyze and summarize data and to prepare clear and concise reports; 
  • Ability to handle multiple tasks, to work under pressure and meet tight deadlines; 
  • Strong work ethic and proactive with a positive attitude; 
  • Self-motivated with good written and verbal communication skills; 
  • Fluency in English (verbally and in writing) – any other language is an advantage. 

 

 

Diversity Makes Us Smarter 

 With an exceptionally high number of nationalities and spoken languages we are committed to building a diverse and inclusive environment for everyone — diversity and inclusion is the DNA of Revantage Europe. With an average of three languages fluently spoken per employee, this unique blend is a real competitive advantage that helps us support Blackstone Real Estate across the European jurisdictions. Thanks to our diversity, we are flexible and able to adapt our response to the challenges we face.  

 

 

 

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