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. The Expense and Treasury Finance Accounting team is part of the Corporate Accounting organization and is responsible for the accounting and financial reporting of Blackstone Treasury’s investing, funding, liquidity, hedging, and intercompany activities. The team partners broadly across the firm on matters including financial planning and analysis, reconciliations, complex transactions, SEC and regulatory disclosures, hedge accounting, financial instrument valuation, and investment portfolio reporting. In addition, the team manages the firm’s expense allocation framework and lease accounting processes. Through close collaboration with key stakeholders across Finance and the business units, the team drives strategic innovation and develops reporting and workflow solutions by leveraging technology and external vendors to improve efficiency, transparency, and data integrity. Interaction with other finance groups is extensive as part of day‑to‑day operations as well as key strategic initiatives.

Requirements

  • 12+ years of treasury accounting, expense accounting, or relevant industry experience.
  • CPA required.
  • Public accounting experience required.

Nice To Haves

  • Strong leadership skills with experience coaching and developing high‑performing teams.
  • Strong knowledge of U.S. GAAP, including accounting and SEC reporting requirements for investments and financial instruments.
  • Experience preparing financial schedules and supporting materials for SEC filings.
  • Broad knowledge of U.S. market practices and financial products across fixed income, equities, and derivatives.
  • Knowledge of foreign exchange hedging strategies and related accounting considerations.
  • Self‑starter with strong intellectual curiosity, a solution‑oriented mindset, and a focus on continuous process improvement.
  • Exceptional attention to detail, strong organizational skills, and the ability to manage multiple priorities in a fast‑paced environment.
  • Strong interpersonal and communication skills, with the ability to collaborate effectively and influence across teams and stakeholders.

Responsibilities

  • Leading, coaching, and developing a high‑performing team responsible for treasury and expense accounting activities.
  • Identifying operational efficiencies and driving process enhancements, while partnering with Technology teams to implement scalable solutions that streamline processes and improve data integrity.
  • Overseeing accounting and reporting for treasury activities including investments, funding structures, liquidity management, hedging activities, and intercompany arrangements.
  • Managing external and internal management reporting related to treasury and expense activities, ensuring accuracy and timely delivery.
  • Enhancing, developing, and maintaining the accounting module of the Treasury Management System, including driving greater transparency and process improvements.
  • Partnering with FP&A to support P&L forecasting, variance analysis, and financial insights related to treasury and expense activity.
  • Collaborating with business units and finance partners to ensure accuracy of underlying data, effective operational coordination, and timely settlements.
  • Overseeing complex treasury arrangements and ensuring accurate accounting, reporting, and transparency of associated exposures.
  • Liaising with internal and external auditors to support the completion of stand‑alone financial statements and related audit requirements.
  • Managing SOX compliance and overseeing the design and effectiveness of internal controls related to treasury and expense processes.
  • Managing foreign exchange risk and the corporate hedging program for applicable entities.
  • Ensuring strong financial controls, including timely reconciliation of cash accounts and settlement of intercompany balances.

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
  • equity and other incentive compensation
© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service