Global Fund Finance – Credit & Insurance, Assistant Vice President

Blackstone • New Jersey, NJ

7d • $130,000 - $200,000

About The Position

The Global Fund Finance – Credit & Insurance Assistant Vice President oversees financial and operational processes for separately managed accounts and reinsurance mandates. The role manages portfolio reconciliations, investor capital calls, management fee calculations and payments, audited financial statements, expense allocations and budgets, portfolio and performance analysis, reporting, regulatory filings, and product setup. It works closely with internal teams, external administrators and auditors, technology resources, and offshore colleagues to ensure accurate, timely reporting and efficient processes. The position may also require securities licenses depending on the employee’s activities.

Requirements

• Bachelor of Science degree or above in Accounting or Finance.
• At least 7 years of public accounting, fund, or administrator experience.
• Strong work ethic, integrity, positive attitude, and genuine passion for excellence.
• Ability to partner across teams, summarize issues, and develop recommendations or make decisions.
• Excellent written and verbal interpersonal and communication skills.
• Excellent attention to detail and accuracy, and strong analytical skills.
• Ability to work in a dynamic, fast-paced environment and handle multiple projects.

Nice To Haves

• Public accounting, fund, or administrator experience at a Big 4 firm and in private asset management is preferred.
• CPA and/or CFA.
• Experience with credit products such as loans, CLOs, bonds, revolvers, and delayed draws.

Responsibilities

• Oversee monthly and quarterly portfolio reconciliations for separately managed accounts, investigating and resolving discrepancies with internal teams.
• Approve or prepare recurring investor capital calls and prepare and reconcile management fee calculations and payments.
• Manage the audited financial statement process for reinsurance mandates with the external administrator and auditor.
• Prepare and review expense allocations, operating expense budgets, and vendor expense payments, and monitor budgeted versus actual expenses.
• Prepare and analyze portfolio and performance metrics, including total return/IRR, P&L, and other analyses for senior management.
• Respond to client and internal requests, including Blackstone reporting deliverables.
• Coordinate with internal and external technology resources to automate recurring deliverables and improve efficiency.
• Ensure information is properly presented in regulatory filings such as Form ADV.
• Liaise with Investor Relations, Operations, Management Reporting, and Legal and Compliance.
• Collaborate with and oversee offshore resources to ensure files are prepared accurately and on time, and provide training when needed.
• Review fund and deal documents and structures, and assist with setting up new products, managed accounts, and funds.

Benefits

• Comprehensive health benefits, including medical, dental, vision, and FSA benefits.
• Paid time off.
• Life insurance.
• 401(k) plan.
• Discretionary bonuses.
• Certain employees may be eligible for equity and other incentive compensation at Blackstone’s sole discretion.

What This Job Offers

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