Job Description
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 company’s 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 The Accounts Receivable Assistant Vice President II oversees the Accounts Receivable process for a portfolio of approximately 175 retail assets. This role is responsible for the monthly billing process, cash application, and maintenance of tenant sub-ledgers. This position will lead an offshore team of three – five professionals. This position will be based in Dallas, TX. How You Add Value Leadership & Team Management Lead an offshore team of three – five professionals performing accounts receivable duties Supervise, train, and develop accounts receivable staff Set clear performance expectations and manage workload distribution to ensure timely processing Establish a weekly operating cadence (daily cash posting, weekly aging reviews, monthly close checklist) Maintain service level agreements with Portfolio Company Complete bi-annual employee reviews Lead new systems implementations Build and sustain a collaborative, high-performance team culture aligned with our core values: Learners, Leaders, Enthusiasts, Achievers, and Partners Accounts Receivable Operations Oversight Oversee the monthly billing process, ensuring accurate and timely billing Oversee the cash application process to ensure cash is applied accurately and timely to tenant ledgers Become the subject matter expert, go-to resource, and owner of the accounting software, modules, and applications used to automate tenant billing and the application of cash receipts from tenants Oversee and support miscellaneous billing process Oversee and review reconciliations of tenant ledgers prepared by staff Ensure accounts receivables subledger integrity, oversee tenant reconciliations and tie-outs to the general ledger Support month-end close: aging schedules, allowance inputs, write-offs, audit support Oversee preparation, review, and distribution of accounts receivable reporting, including A/R Aging and metric driven reports Manage escalations related to aged AR, unapplied cash, and collection issues by designing governance mechanisms and partnering closely with business stakeholders Manage and support new tenant onboarding Assist with the onboarding of new assets Provide ad hoc accounts receivable support Special projects as required Relationship Management Develop close partnerships with portfolio company to enable business strategies and goals Respond to business partner inquiries and commit to deliverables Coordinate with Property Manageme