Manager - Accounting

Job Locations US-IL-Chicago
ID
2022-3866

 

LivCor, a Blackstone portfolio company, is a real estate asset management business specializing in multi-family housing. Formed in 2013 and headquartered in Chicago, LivCor is currently responsible for a portfolio of over 400 Class A and B properties comprising more than 150,000 units in markets across the United States. Our business is focused on making real estate more valuable. But for us, it’s more than that. It’s people first, community always. It’s a life-filled career, not just a career-filled life. It’s doing good work, with good humans, and making a difference. It’s excellence in all its forms. Ultimately, we create great places to work, live, and grow. We do that by focusing on leaving people – and places – better than we found them.

 

 

Whew! Still with us? Cool. Let’s talk about where you’d fit in:

 

The Manager of Accounting will report to the SVP of Accounting and support aspects of accounting policy, control environment, and financial reporting for LivCor’s multi-family properties (including the accounting relationships with LivCor’s third party property operators) as well as LivCor corporate accounting.  This person will have one direct report and will partner with the Revantage accounting team of 30+ accounting professionals responsible for monthly property and corporate accounting close, financial review and reporting.  This person will interact extensively with LivCor executive leadership and asset management, and with Revantage (LivCor’s affiliated real estate services company) accounting, treasury, tax and risk, as well as LivCor’s many third-party property operating partners.

 

Only read further if you are:

  • Kind
  • Humble
  • Honest
  • Relentless
  • Smart with Heart

You should be:

  • Authentic. You do you. Together, we’ll do something amazing.
  • A passionate person with a love for real estate and investing; and believes that helping others win is a noble cause, essential to our success.
  • An excellent team player who enjoys working with others and has strong interpersonal skills.
  • Highly motivatedenergetic, and organized
  • Gumby. Things change.

What you will do:

  • Work with the SVP of Accounting and Revantage Accounting to define, enhance, and execute the Accounting and Finance teams best practices surrounding monthly close and variance reporting. Have regular monthly and ad hoc communications to ensure alignment.
  • Understand LivCor accounting policies and remain current on updates to accounting rules to continue to enhance policies; analyze and make recommendations on complicated accounting and reporting issues.
    • Be subject matter expert on significant LivCor accounting policies such as capitalization, AR/Bad debt, rental assistance, casualty losses and more; review financials to ensure adherence and explain variance to budget.
    • Review property level real estate taxes and insurance expense to ensure timely accrual or prepaid balance adjustments.
  • Collaborate with Revantage accounting on accounting policy, chart of accounts mapping/maintenance, or other concerns raised by the AM team, FP&A or Operating Partners
  • Lead the preparation and review the LivCor G&A budget, which is reforecast on a quarterly basis; be able to explain deviations from budget to LivCor senior leadership and Blackstone.
  • Active involvement in the review of quarterly financial statements and G&A statement presented to LivCor senior leadership team and Blackstone at the quarterly board meeting. 
  • Support annual compensation and staffing planning processes
  • Partner with the LivCor Reporting team and review monthly portfolio/fund financial reporting package; evaluate performance metrics, highlight notable issues and trends, and develop meaningful and insightful commentary using data to tell a story.
  • Coordinate annual Accounting and Finance collaboration meeting
  • Perform validation and tie out in support of completion of quarterly board meeting materials

What you should have:

  • Bachelor’s degree in accounting.
  • 7+ years of progressive, relevant experience in accounting within a commercial real estate firm. 
  • CPA and experience in multi-family preferred. 
  • SEC reporting / SOX experience preferred.
  • Experience successfully leading and managing 1 – 2 direct reports.
  • Strong work ethic and ability to thrive in a dynamic and demanding environment.
  • Ability to pivot with ease when priorities and strategy shift.
  • Extraordinary oral and written communication skills, ability to discuss financial results and make recommendations to the executive leadership team.

What we offer:

We know that if we take care of our team everything else will fall into place. We aren’t perfect, but we will try to set very clear expectations, always let you know where you stand, and do everything in our power to help you get where you want to go.

 

Our culture and values matter to us. A lot. We’re definitely not serious but we take this stuff seriously, if you get what we mean. We want a place that is an ego-free zone. A place where good people do good things together. It shouldn’t be rocket science in workplaces, but for some reason it still is? We’re absolutely determined to be different, and we think we’re doing a pretty good job at it. We have a CEO who makes fun of himself, and who will encourage you to tell him when he is wrong. In fact, he needs people to – we all do. Supportive challenge is good, it’s how we get better. We like getting better. We also love diversity, of all kinds. We need people who look, sound, speak, love, and exist differently from one another. This isn’t at the end of this paragraph because it’s an afterthought. It’s SO important to us we want it to stand out.

 

Right. On to the technical stuff that we know matters to you. We offer competitive pay that is commensurate with the market and relevant experience, and a full slate of benefits that even includes things like paid parental leave.

  

If any of this sounds interesting, then maybe we are a fit. Life is too short to work with people you don’t like. So whatever you do, don’t make that mistake.

 

The LivCorian Values

  1. Be you. Be Real. Be Open. You do you. Together, we will do something amazing.
  2. Care, Always. We don’t want to let anyone down.
  3. Courageously Curious. We love to learn, even when it hurts.
  4. Help Others Win, Be A Good Neighbor. This is about ‘We, not Me.’
  5. Relentless Hustle, Heart & Humility. Work hard. Be Kind. Make Better.

A few of the people you will work with {link to LinkedIn}:

LivCor is proud to be a US EPA ENERGY STAR® Partner

 

EEO Statement

Our company is proud to be an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. Our employment decisions are based on individual qualifications, job requirements and business needs without regard to race, color, marital status, sex, sexual orientation, gender identity and/or expression, age, religion, disability, citizenship status, national origin, pregnancy, veteran status and or any other legally protected characteristics. We are committed to providing reasonable accommodations, if you need an accommodation to complete the application process, please email talent@revantage.com.

 

#LI-AM1 #LI-Hybrid

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