Global Fund Finance, Vice President - Blackstone Credit & Insurance
About The Position
Blackstone is the world’s largest alternative asset manager. Blackstone seeks to deliver compelling returns for institutional and individual investors by strengthening the companies in which the firm invests. Blackstone’s over $1.3 trillion in assets under management include global investment strategies focused on real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries and hedge funds. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, X (Twitter), and Instagram. 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. At Blackstone, we look to attract and retain the brightest minds in the business, hiring professionals across a wide range of disciplines. Our employees are integral to the firm’s identity, contributing to a culture of integrity, professionalism and excellence. It is their dedication and passion for their work that has helped Blackstone become a trusted partner for some of the largest institutional investors in the world. We encourage independent thinking and reward initiative, while providing services to help employees grow professionally. Our global business platform and brand reputation provide an unparalleled launch pad for growing your career.
Requirements
- Advanced Excel skills required
- 10+ years of public accounting / private equity experience, preferably public accounting and asset management
- Commitment to excellence in work product
- Strong time management skills
- Independent worker/ self-starter
- Strong desire to learn
Nice To Haves
- CPA preferred
Responsibilities
- Overseeing quarterly NAV and portfolio reconciliation process; investigating and resolving discrepancies with Investran and internal operations teams
- Preparing and reviewing capital calls and distributions allocations
- Calculating management fee, distributions, waterfall allocations, and IRR
- Preparing and reviewing expense allocations and payments
- Monitoring expenses and preparing budgets
- Reviewing financial statements and regulatory reporting
- Maintaining information and reconciling loan investments and debt financings in Investran to loan tracking models
- Preparing and reviewing fund forecasts, performance estimates, attributions, and other ad-hoc projects
- Overseeing the calculations and managing wire payments for various firm revenues, including management fees and incentive fees
- Reviewing fund legal documents and assisting in building processes and templates for new fund launches
- Liaising with investment and operation teams to review and enhance internal and investor reporting
- Assisting in review of investor statements, quarterly investment letters, and internal reporting
- Maintaining accounting related data (e.g., capital, expenses, P&L) in internal systems
- Coordinating with external auditors for the year-end audit process
- Overseeing and reviewing the work of offshore teams and various administrators
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
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What This Job Offers
Job Type
Full-time
Career Level
Manager
Education Level
No Education Listed
