Blackstone Life Sciences - Finance Analyst

The Blackstone Group • Cambridge, MA

265d • $90,000 - $125,000

About The Position

The Blackstone Life Sciences (BXLS) Finance team is responsible for the investment operations, fund administration, and general finance and reporting needs of the Life Sciences group based in Cambridge, MA. The BXLS Finance team assists in the execution and management of investment transactions, monitors investment portfolios, and ensures compliance with all fund regulatory requirements. The BXLS Finance team works closely with the investment team and both internal and external stakeholders to ensure efficient, accurate investment operations and financial reporting. The BXLS Finance team is also responsible for financial planning and analysis (FP&A), performing planning, forecasting, budgeting, and analytical activities to support BXLS' financial health, strategic initiatives, and business decisions. This primarily entails revenue and expense forecasting, sensitivity analysis, fund modeling, and preparation of earnings-related materials.

Requirements

• Bachelor's degree in finance, economics, accounting, or other business-related field
• 1+ years of experience in a finance/accounting role in a financial services firm or large corporate environment
• Understanding of investment instruments, asset classes, and investment processes
• Excellent analytical and problem-solving skills with a keen attention to detail
• Ability to work in a dynamic environment and handle multiple projects by prioritizing tasks and meeting deadlines
• Possess a strong work ethic and professional integrity, a team player
• Excellent time management skills and highly organized
• A positive attitude and strong desire to work in an entrepreneurial environment
• Effective communication skills, both written and verbal, with the ability to present complex information in a clear and concise manner

Responsibilities

• Assisting in the execution, settlement, and tracking of all investment transactions at the fund and portfolio investment levels
• Preparing and reviewing expense allocations, operating expense budgets, vendor expense payments, and monitoring budgeted versus actual expenses
• Coordinating with Blackstone vendor management, Treasury, deal team, and vendors directly to onboard new vendors for payment
• Assisting with the day-to-day expense allocations across adviser/firm, funds, and deals in the expense management software ensuring compliance with LPA and firm policies
• Preparing and reviewing quarterly investor statements, annual and interim financial statements and assisting with external auditors for the year-end audit process
• Preparing and reviewing internal reporting deliverables to Senior Leadership and Corporate on fund metrics and dry powder schedules
• Preparing and reviewing materials for investors, including memos, financial forecasts, meeting materials, and presentations
• Working closely with the investment team on various ad hoc requests and projects
• Collaborating with teams across the firm, including Accounting, Valuations, Tax, Legal & Compliance, Investor Relations, Audit, and the offshore team

Benefits

• Equal employment opportunities
• Reasonable accommodation for application process

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Securities, Commodity Contracts, and Other Financial Investments and Related Activities
• Education Level: Bachelor's degree