Global Fund Finance - Real Estate - Assistant Vice President

Elaflo Consulting Services

20h

About The Position

The Global Fund Finance – Real Estate Accounting group is responsible for the fund financial reporting and all aspects of accounting related to the Blackstone Real Estate Partners funds (“BREP”). Key responsibilities may include but are not limited to: Oversee and review the funds’ quarterly close process and reporting to the public company, including booking investment valuations, performance fees, line-of-credit activity, cash balances, and expense allocations. Review the funds’ quarterly and annual financial statements prepared in accordance with GAAP . Review supporting workpapers and schedules for underlying financial statement balances. Review investor’s quarterly capital account statements. Review financial reporting of the funds’ underlying holding companies/SPV entities. Oversee and review regulatory filings, including Form ADV, Form PF, CIMA filings and Annex IV reporting. Coordinate with internal and external auditors across all phases of the annual audit process, including SOX 404 compliance. Maintain and review waterfall models, including management fee, contribution, and distribution calculations. Oversee the preparation and review of investor management fee, capital contribution, and distribution notices. Ensure timely and professional responses to investor inquiries. Mentor and develop accounting team members across global locations. Coordinate internal cash movements with BX Treasury Collaborate closely with internal stakeholders, including Operations, Investor Reporting, Tax, Treasury, Valuations, Regional Finance and Legal and Compliance. Support the testing, implementation, and enhancement of technology initiatives to drive process efficiencies and continuous improvement across finance functions.

Requirements

• BS (or above) in Accounting or Finance.
• 7+ years of real estate and/or private equity fund accounting, Big 4, or fund administrator experience.
• Proficient knowledge of Microsoft Office Suite (Excel, Word, PowerPoint).
• Excellent written and verbal communication skills, and effectively interact with senior management and external stakeholders.
• Demonstrates analytical and problem-solving capabilities with strong attention to detail.
• Highly organized, results-oriented, and capable of managing multiple priorities in a fast-paced environment.
• Adapt in a dynamic environment and manage concurrent projects.
• Commitment to excellence, continuous improvement, and professional growth.

Nice To Haves

• CPA and/or CFA preferred.

Responsibilities

• Oversee and review the funds’ quarterly close process and reporting to the public company, including booking investment valuations, performance fees, line-of-credit activity, cash balances, and expense allocations.
• Review the funds’ quarterly and annual financial statements prepared in accordance with GAAP.
• Review supporting workpapers and schedules for underlying financial statement balances.
• Review investor’s quarterly capital account statements.
• Review financial reporting of the funds’ underlying holding companies/SPV entities.
• Oversee and review regulatory filings, including Form ADV, Form PF, CIMA filings and Annex IV reporting.
• Coordinate with internal and external auditors across all phases of the annual audit process, including SOX 404 compliance.
• Maintain and review waterfall models, including management fee, contribution, and distribution calculations.
• Oversee the preparation and review of investor management fee, capital contribution, and distribution notices.
• Ensure timely and professional responses to investor inquiries.
• Mentor and develop accounting team members across global locations.
• Coordinate internal cash movements with BX Treasury.
• Collaborate closely with internal stakeholders, including Operations, Investor Reporting, Tax, Treasury, Valuations, Regional Finance and Legal and Compliance.
• Support the testing, implementation, and enhancement of technology initiatives to drive process efficiencies and continuous improvement across finance functions.

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
• Number of Employees: 1-10 employees