Calculate and review monthly estimate and final Fund NAV's, analyze NAV reconciliations with various third-party administrators and custodians
Review and reconcile the calculation of and pay management and performance fees
Review and reconcile client capital statements generated by third-party administrators
Review and reconcile fund foreign currency exposure and coordinate hedging
Assist and coordinate team members in responding to client requests
Review customized client reporting including calculation of time weighted returns and IRRs
Review monthly revenue reporting and assist in review of projections
Assist in the setup and launch of new products and Funds
Review cash flow analysis reporting to support the investment process
Review capital call and distribution calculations and review investor notices
Collaborate with offshore resources with NAV production
Collaborate with Operations teams including Middle Office, Pricing, Financial Reporting, Management Reporting, Legal and Compliance, and Regulatory Reporting
Process investor payments
Utilize technology and outsourced solutions to enhance efficiencies and controls
Oversee service providers to achieve superior service
Oversee expense budgeting, hedging and cash reconciliation, certain client reporting functions, and fund structuring and restructuring
Work with reporting teams to properly present data in audited financial statements and regulatory filings
Review legal documents for fund accounting process considerations
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
6+ years of fund, audit, or administrator experience / 6+ 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, Audit experience is 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:
$115,000 - $185,000
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 Manager to join the team in support of business growth.
Blackstone · Miami