Global Fund Finance Blackstone Credit, Assistant Vice President

Job Title

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.

Job Description

Oversee the NAV finalization process, including P&L reconciliation and allocation to investors, for open-ended and closed-ended private funds trading a credit strategy; investigate and resolve discrepancies with third party fund administrators and internal teams

Review and reconcile the calculation and payment of management and performance fees in accordance with the funds' governing documents

Review capital calls and distributions allocations and notifications

Approve client capital account statements generated by third party administrators

Review annual audited financial statements and coordinate with external auditors for the year-end audit process

Prepare or review performance reporting, Blackstone reporting deliverables, and other ad hoc client or management requests

Prepare and/or review regulatory reporting, investor letters, and custom client reporting

Liaise with various internal teams including Operations, Investor Relations, Management Reporting, Tax, and Legal and Compliance

Oversee offshore and onshore resources to ensure accurate and timely preparation of files and provide additional training/professional development as needed

Approve expense allocations, operating expense budgets, and vendor expense payments

Review fund legal documents and continue to streamline or build processes and templates

Qualifications

7+ years of public accounting, fund, or administrator experience

BS (or above) in Accounting or Finance

CPA or CFA preferred

Experience with credit products (loans, CLOs, bonds, revolvers, delayed draws) is preferred

Possesses a strong work ethic, personal and professional integrity, a positive attitude and genuine passion for excellence

Ability to partner across teams, summarize issues, and develop recommendations or make decisions

Independent worker / proactive self-starter

Excellent interpersonal and communication skills, both written and verbal

Excellent attention to detail/accuracy and analytical skills

Ability to work in a dynamic, fast?paced environment and handle multiple projects

Strong time management and multi-tasking skills

Advanced Excel skills required

Compensation

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 policy applies to all terms and conditions of employment, including but not limited to hiring, placement, promotion, termination, transfer, leave of absence, compensation, and training. All Blackstone employees, including but not limited to recruiting personnel and hiring managers, are required to abide by this policy.

If you need a reasonable accommodation to complete your application, please contact Human Resources.

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 materials. The above list is not the exhaustive list of activities requiring securities licenses and there may be roles that require review on a case-by-case basis. Please speak with your Blackstone Recruiting contact with any questions.