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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 The Private Equity Finance - Operations group is responsible for all aspects of fund administration operations related to Blackstone's private equity funds. Additionally, the group supports the private equity deal teams and internal marketing groups. Looking for candidates with specific interest in: Investment Fund Management Technology & Process Improvement Process & Project Management Key responsibilities will include but are not limited to: Work closely with deal teams/fund counsel/tax advisors and portfolio company ("PC") management on investment transactions and support Managing responsibilities and assignments delegated to the junior NY and offshore teams Liaise with the fund accountants on deal transaction accounting for GAAP F/S Manage the investment closing /sale funds flow process along-side the deal teams Work with technology team to improve automation/reporting of manual processes Review of capital call and distribution memos Preparation / Review of internal reporting to COO and Senior Leadership on fund metrics and dry powder schedules Liaise with investors Forecasting PC cash-flow and fund capital call needs 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 Manage custody with 3rd party vendor, share/stock reconciliation and proxy voting process for fund investments Liaise with external and internal auditors Manage the expense process and compliance with LPA and firm policies Assist with special projects and internal ad hoc requests as needed Ideal candidate would have a commitment to excellence in their work product, strong time management skills, and a desire to learn. Bachelor's Degree in Accounting or Finance CPA preferred 6+ Years of public accounting, private equity fund accounting, or private equity fund operations experience Willing to travel periodically to New York Strong technical accounting skills Strong analytical and organizational skills Detail oriented Ability to work in a dynamic professional environment and handle multiple projects and deadlines Ability to build relationships and communicate effectively across multiple levels, functions and regions Effectively work and communicate with members of the team to ensure established deadlines are being met in an efficient, accurate and thorough manner Desire to implement process improvement opportunities A self-starter with the ability to work autonomously Proficiency in Microsoft Office (Excel, Word and PowerPoint) required 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: $130,000 - $200,000 Actual base salary within that range will be determined by several components including but not limited to the individual's experience, skills, qualifications and job location. For roles located outside of the US, please disregard the posted salary bands as these roles will follow a separate compensation process based on local market comparables. Additional compensation and benefits offered in connection with the role consist of comprehensive health benefits, including but not limited to medical, dental, vision, and FSA benefits; paid time off; life insurance; 401(k) plan; and discretionary bonuses. Certain employees may also be eligible for equity and other incentive compensation at Blackstone's sole discretion. Blackstone is committed to providing equal employment opportunities to all employees and applicants for employment without regard to race, color, creed, religion, sex, pregnancy, national origin, ancestry, citizenship status, age, marital or partnership status, sexual orientation, gender identity or expression, disability, genetic predisposition, veteran or military status, status as a victim of domestic violence, a sex offense or stalking, or any other class or status in accordance with applicable federal, state and local laws. This poli
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