Finance - Investment Operations - Associate

Blackstone

18d • $105,000 - $150,000

About The Position

The Finance – Operations group is responsible for all aspects of fund administration operations related to Blackstone’s Private Equity institutional funds. Additionally, the group supports the relevant deal teams and internal marketing groups. Key responsibilities will include but are not limited to:

Requirements

• Bachelor’s Degree in Accounting or Finance
• 3+ years of public accounting, private equity fund accounting, or private equity fund operations experience
• Strong technical accounting skills
• Strong analytical and organizational skills
• Detail oriented
• Works well in a dynamic professional environment and handles multiple projects and deadlines
• Builds professional relationships and communicates effectively across multiple levels, functions and regions
• Effectively works and communicates with members of the team to ensure established deadlines are being met in an efficient, accurate, and thorough manner
• A self-starter who works well independently
• Advanced proficiency in Microsoft Office (Excel, Word and PowerPoint) required

Responsibilities

• Work closely with deal teams/fund counsel/tax advisors and portfolio company (“PC”) management on investment transactions and support
• Liaise with the fund accountants on deal transaction accounting for GAAP F/S
• Manage the investment closing/sale funds flow process alongside the deal teams
• Manage responsibilities and assignments delegated to the junior NY or offshore teams
• Prepare/review of internal reporting to senior management, including Fund COO on fund metrics and liquidity
• Manage fund level cash and liquidity through modelling forecasted realizations and capital deployments
• Reading and interpreting LPAs
• Monitor fund LPA limit and deal certificate compliance
• Manage capacity on the funds’ credit lines as well as borrowing base compliance/covenants
• Oversee the creation and maintenance of fund and investment structure charts and KYC/AML letters
• Liaise with external and internal auditors
• Manage the expense process and compliance with LPA and firm policies
• Work with technology team to improve automation/reporting of manual processes
• Assist with special projects and internal ad hoc requests as needed

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
• Certain employees may also be eligible for equity and other incentive compensation at Blackstone’s sole discretion.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 251-500 employees