AVP, Portfolio Accounting & Financial Reporting

Who We Are

Revantage is a global corporate services leader, delivering exceptional experiences to Blackstone portfolio companies and investments that enable them to thrive. As a global firm, Revantage provides a suite of service offerings with our best-in-class talent, processes, and technologies to support thousands of assets and billions in TEV across asset classes, including industrial, residential, hospitality, office, retail, and others.

Revantage Asia Pacific (with offices in Singapore and Sydney) is among three Revantage regions that also include Revantage North America and Revantage Europe.

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

Revantage Asia Pacific is seeking an Associate Vice President in the Portfolio Accounting & Financial Reporting team based in the Singapore Office. The candidate will be responsible for ensuring the delivery of high-quality financial information and monitoring of day-to-day matters of the Special Purpose Vehicles owned by the Blackstone Real Estate Funds investing across Asia.

How You Add Value

(including but are not limited to)

SPV Deal Management:

• Manage portfolio deals in accounting & reporting functions
• Capitalize funding through the deal structure as per structure & tax requirements and monitor it throughout deal life cycle
• Ensure timely approval and payment of invoices
• Review monthly management accounts for projects under your allocation
• Review quarterly valuation deliverables to Blackstone i.e. NAV analysis, Debt valuation and Cash analysis
• Monitor liquidity and cash management on an ongoing basis
• Manage working capital and closing costs as part of quarterly reporting
• Liaison with corporate secretary and legal advisors in finalizing corporate secretarial documents and legal documentation for all capital transactions
• Review of funds transfer documents and ensuring all considerations are met (e.g., bank details, bank balances, negative interests, bank charges, cut-off timings)
• Oversee funds transfer with Treasury to ensure smooth execution, including settlement of FX trades Analyze cash flow requirement in each project and finalize distribution amount on a quarterly basis
• Review solvency tests and ensure compliance with legal requirements as part of distribution
• Review and finalize documentation for all funds movements working closely with Cosec and Legal teams
• Review ad-hoc capital movement through the deal structure
• Review and guide team on key financial transactions (including JE booking)
• Summarize & analyze quarterly NAV fluctuation for stakeholders
• Manage statutory audits and review financial statements of entities under your allocation, including liaison with auditors on audit issues/complex disclosures.
• Review allocation of fair market valuation for each entity / deal on quarterly basis
• Review deal book and ensure deal structures are updated

Deal Disposition & Liquidation:

• Disposition management, including fund flow management, onshore coordination and tax reviews
• Manage working capital till liquidation of entities
• Work closely with Cosec and Legal teams to liquidate the entities in projects

Tax Compliance

• Provide support to