Global Fund Finance - Assistant Vice President - Blackstone Credit & Insurance

Blackstone

8d • $130,000 - $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. Primary Responsibilities: Oversee the preparation and review quarterly / annual financial statements, quarterly capital statements, LP distributions and capital call notifications, Blackstone reporting deliverables, and quarterly work papers for internal review and quarterly reporting support Collaborate with team and offshore resources to ensure accurate and timely preparation of work papers and reconciliation files Review the management fees and waterfall calculations in accordance with the funds’ governing documents Review support analyses for partnership activities to external auditors for year-end audits and partnership tax returns Review performance calculations such as Gross and Net IRRs Oversee the review of daily bank activities Evaluate cash availability to support the investment fundings Liaise with various Finance and Operations teams including Tax, Middle Office, Pricing, Financial Reporting, Management Reporting, Legal and Compliance Assist in the setup and launch of new products. Complete supporting analyses for investor due diligence, model out proposed waterfalls and preferred return calculations and provide inputs on proposed language in LPAs and side letters. Assist Tax teams with inputs on proposed fund structures Liaise with Legal teams in setting up leverage facilities, both sublines and asset backed facilities. Ensure compliance with credit agreements including borrowing base certificates, interest expense and unused fee calculations and payments Lead technology implementation initiatives to streamline review and reporting of various performance analytics Oversee financial portion of the regulatory filings for Form PF, ADV and AIFMD Qualifications: Blackstone seeks to hire individuals who are highly motivated, proactive, intelligent, and have demonstrated excellence in prior endeavors. The successful candidate should have: BS (or above) in accounting is required 6+ years public/private experience is preferred “Big 4” audit experience is preferred Experience in the credit industry is required Familiarity with Investment Company Accounting Familiarity with various fund structures including Master, Feeder, Blockers, Trusts, SMAs, Co-Invests, Cayman and Lux entities Familiarity with reporting and compliance requirements in Luxembourg Familiarity with foreign currency / hedging transactions and accounting is a plus Strong Excel skills preferred Investran knowledge is a plus The duties and responsibilities described here are not exhaustive and additional assignments, duties, or responsibilities may be required of this position. Assignments, duties, and responsibilities may be changed at any time, with or without notice, by Blackstone in its sole discretion.

Requirements

• BS (or above) in accounting is required
• 6+ years public/private experience is preferred
• “Big 4” audit experience is preferred
• Experience in the credit industry is required
• Familiarity with Investment Company Accounting
• Familiarity with various fund structures including Master, Feeder, Blockers, Trusts, SMAs, Co-Invests, Cayman and Lux entities
• Familiarity with reporting and compliance requirements in Luxembourg
• Familiarity with foreign currency / hedging transactions and accounting is a plus
• Strong Excel skills preferred
• Investran knowledge is a plus

Responsibilities

• Oversee the preparation and review quarterly / annual financial statements, quarterly capital statements, LP distributions and capital call notifications, Blackstone reporting deliverables, and quarterly work papers for internal review and quarterly reporting support
• Collaborate with team and offshore resources to ensure accurate and timely preparation of work papers and reconciliation files
• Review the management fees and waterfall calculations in accordance with the funds’ governing documents
• Review support analyses for partnership activities to external auditors for year-end audits and partnership tax returns
• Review performance calculations such as Gross and Net IRRs
• Oversee the review of daily bank activities
• Evaluate cash availability to support the investment fundings
• Liaise with various Finance and Operations teams including Tax, Middle Office, Pricing, Financial Reporting, Management Reporting, Legal and Compliance
• Assist in the setup and launch of new products.
• Complete supporting analyses for investor due diligence, model out proposed waterfalls and preferred return calculations and provide inputs on proposed language in LPAs and side letters.
• Assist Tax teams with inputs on proposed fund structures
• Liaise with Legal teams in setting up leverage facilities, both sublines and asset backed facilities.
• Ensure compliance with credit agreements including borrowing base certificates, interest expense and unused fee calculations and payments
• Lead technology implementation initiatives to streamline review and reporting of various performance analytics
• Oversee financial portion of the regulatory filings for Form PF, ADV and AIFMD

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

What This Job Offers

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