Reviewing daily and monthly estimate and final fund NAVs.
Preparing and reviewing capital calls and distributions allocations
Assist in tracking investment cost and monitoring the fair value of the investments
Preparation and oversight of quarterly NAV and portfolio reconciliation process; investigating and resolving discrepancies with internal operations teams
Calculating management fees, distributions, waterfall allocations, and IRR
Preparing and reviewing fund forecasts, performance estimates, attributions, and other ad-hoc projects
Assisting in review of investor statements and internal reporting
Coordinating with external auditors for the year-end audit process
Overseeing and reviewing the work of the offshore team
Requirements
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 or Finance
3+ years of fund, audit, or administrator experience / 3+ years of public or private accounting experience
Experience in private equity and / or hedge funds and / or audit preferred
Knowledge of SEC / relevant regulatory filings for investment funds preferred
CPA preferred
Strong Excel skills preferred
Excellent analytical, technical, and communication skills
Able to multi-task and effectively manage their own time.
A collaborative team player, always willing to assist colleagues.
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.
Expected annual base salary range:
$100,000 - $140,000
If you need a reasonable accommodation to complete your application, please contact Human Resources at 212-583-5000 (US), +44 (0)20 7451 4000 (EMEA) or +852 3656 8600 (APAC).
Depending on the position, you may be required to obtain certain securities licenses if you are in a client facing role and/or if you are engaged in the following:
Attending client meetings where you are discussing Blackstone products and/or and client questions;
Marketing Blackstone funds to new or existing clients;
Supervising or training securities licensed employees;
Structuring or creating Blackstone funds/products; and
Advising on marketing plans prepared by a sales team or developing and/or contributing information for marketing material
Benefits
Health insuranceDental insuranceVision insurance401(k)Flexible scheduleEquity / stock optionsPerformance bonus
Additional Information
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 .
Job Description:
Blackstone's Global Fund Finance team is seeking a Fund Accounting Associate to join the team in support of business growth.
Blackstone · Miami