Global Fund Finance – Blackstone Credit, Assistant Vice President

Blackstone

1d • $150,000 - $200,000

About The Position

Blackstone is the world’s largest alternative asset manager. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our $1.1 trillion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, infrastructure, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, X, and Instagram. Job Description: Oversee the monthly/quarterly portfolio reconciliation process for our separately managed accounts and funds; investigate and resolve discrepancies with internal/external teams Review the third-party fund administrator in the quarterly NAV and review capital account statement process Prepare/review recurring investor capital calls as well as the calculation and payment of management fees and performance fees where applicable Review the audited financial statement process with our external administrator and auditor Prepare and review expense allocations, operating expense budgets, vendor expense payments, and monitor budgeted versus actual expenses Prepare/review and analyze portfolio and performance metrics such as total return/IRR, P&L, and other analyses for senior management Assist in responding to client and internal requests including Blackstone reporting deliverables Coordinate with internal/external Technology resources to automate recurring deliverables and optimize efficiencies Ensure information is properly presented in regulatory filings such as Form ADV Liaise with various internal teams including Investor Relations, Operations, Management Reporting, and Legal and Compliance Collaborate with and oversee offshore resources to ensure accurate and timely preparation of files and provide additional training when needed Review fund/deal documents/structures and assist in the setup of new products, managed accounts, and/or funds

Requirements

• BS (or above) in Accounting or Finance is required
• 7+ years of public/private accounting experience or administrator experience
• Advanced Excel skills required
• Outstanding attention to detail and accuracy, including commitment to excellence in work product
• Strong desire to learn and collaborative team player
• Proactive self-starter
• Possesses a strong work ethic, integrity, and a positive attitude
• Effective interpersonal and communication skills, both written and verbal
• Highly organized with strong time management and multi-tasking skills

Nice To Haves

• CPA license is preferred
• Experience with credit products (loans, CLOs, bonds, revolvers, delayed draws, RMLs) is preferred

Responsibilities

• Oversee the monthly/quarterly portfolio reconciliation process for our separately managed accounts and funds; investigate and resolve discrepancies with internal/external teams
• Review the third-party fund administrator in the quarterly NAV and review capital account statement process
• Prepare/review recurring investor capital calls as well as the calculation and payment of management fees and performance fees where applicable
• Review the audited financial statement process with our external administrator and auditor
• Prepare and review expense allocations, operating expense budgets, vendor expense payments, and monitor budgeted versus actual expenses
• Prepare/review and analyze portfolio and performance metrics such as total return/IRR, P&L, and other analyses for senior management
• Assist in responding to client and internal requests including Blackstone reporting deliverables
• Coordinate with internal/external Technology resources to automate recurring deliverables and optimize efficiencies
• Ensure information is properly presented in regulatory filings such as Form ADV
• Liaise with various internal teams including Investor Relations, Operations, Management Reporting, and Legal and Compliance
• Collaborate with and oversee offshore resources to ensure accurate and timely preparation of files and provide additional training when needed
• Review fund/deal documents/structures and assist in the setup of new products, managed accounts, and/or funds

Benefits

• comprehensive health benefits, including but not limited to medical, dental, vision, and FSA benefits
• paid time off
• life insurance
• 401(k) plan
• discretionary bonuses
• Certain employees may also be eligible for equity and other incentive compensation at Blackstone’s sole discretion.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level