Vice President - Fund Accounting - Blackstone Credit Registered Funds

Blackstone

9d • $148,000 - $250,000

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. Global Fund Finance – Blackstone Credit Registered Funds – Vice President Responsible for the day-to-day fund accounting, administration, and reporting of registered closed-end funds, interval funds, and separately managed accounts trading credit strategies. Work directly with internal and external teams to strike NAVs, validate corporate level activity, subscription and redemption activity, promote calculations, management fee calculations, NAV allocations, performance calculations, and corporate G&A Work directly with internal and external teams to oversee the production of the annual/semi-annual report, N-PORT, N-CSR, and other recurring SEC filings for Registered Investment Companies Responsible for all required fund regulatory reporting and disclosures in SEC filings Work directly with internal and external teams to ensure the financial results are appropriately recorded in the fund’s financial statements Coordinate and oversee external administrators, transfer agents, external auditors for year-end audits, and internal auditors for SOX compliance Collaborate with teams on producing Audit Committee and Board of Director materials Approve expense allocations, operating expense budgets, vendor expense payments, and monitor budgeted versus actual expenses Review financial information included in investor letters, internal reporting, ad hoc analysis, and projects Manage and review quarterly reporting deliverables to Blackstone Collaborate with various teams to prepare accounting policy memos for new transactions and analyze new accounting standards to determine impact on the funds Coordinate with technology teams to improve automation of manual processes Communicate clear direction and vision to team members Generate and execute creative solutions to challenges and new initiatives Managing and mentoring junior staff Collaborate with multiple internal teams including Tax, Acquisition, Portfolio Management, Asset Management, Legal & Compliance, Investor Client Services, local Finance, Technology, Private Wealth Solutions, and Treasury 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 or Finance is required
• CPA license is required
• 10+ years of public/private accounting experience
• Experience with SEC reporting for Registered Investment Companies is required
• Excellent interpersonal and communication skills, both written and verbal
• Ability to thrive in a team-based environment
• Highly organized and proactive
• Excellent analytical and problem solving skills along with the ability to work with various levels of management
• Detail oriented and possess strong work ethic; ability to multi-task and execute a wide range of assignments; strong time management skills
• Ability to work effectively in a dynamic culture
• Ideal candidates would have a commitment to excellence in their work product and a desire to learn and grow as a professional

Nice To Haves

• Experience with daily NAV striking funds and/or credit industry is preferred

Responsibilities

• Responsible for the day-to-day fund accounting, administration, and reporting of registered closed-end funds, interval funds, and separately managed accounts trading credit strategies.
• Work directly with internal and external teams to strike NAVs, validate corporate level activity, subscription and redemption activity, promote calculations, management fee calculations, NAV allocations, performance calculations, and corporate G&A
• Work directly with internal and external teams to oversee the production of the annual/semi-annual report, N-PORT, N-CSR, and other recurring SEC filings for Registered Investment Companies
• Responsible for all required fund regulatory reporting and disclosures in SEC filings
• Work directly with internal and external teams to ensure the financial results are appropriately recorded in the fund’s financial statements
• Coordinate and oversee external administrators, transfer agents, external auditors for year-end audits, and internal auditors for SOX compliance
• Collaborate with teams on producing Audit Committee and Board of Director materials
• Approve expense allocations, operating expense budgets, vendor expense payments, and monitor budgeted versus actual expenses
• Review financial information included in investor letters, internal reporting, ad hoc analysis, and projects
• Manage and review quarterly reporting deliverables to Blackstone
• Collaborate with various teams to prepare accounting policy memos for new transactions and analyze new accounting standards to determine impact on the funds
• Coordinate with technology teams to improve automation of manual processes
• Communicate clear direction and vision to team members
• Generate and execute creative solutions to challenges and new initiatives
• Managing and mentoring junior staff
• Collaborate with multiple internal teams including Tax, Acquisition, Portfolio Management, Asset Management, Legal & Compliance, Investor Client Services, local Finance, Technology, Private Wealth Solutions, and Treasury

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: 251-500 employees