Global Fund Finance - Real Estate - Assistant Vice President

Job Title: Global Fund Finance – Real Estate, AVP 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 Follow @blackstone on LinkedIn, X, and Instagram. Position Description The Global Fund Finance – Real Estate Accounting group is responsible for the fund financial reporting and all aspects of accounting related to the Blackstone Real Estate Partners funds (“BREP”). Key Responsibilities may include but are not limited to: Oversee and review the funds’ quarterly close process and reporting to the public company, including booking investment valuations, performance fees, line‑of‑credit activity, cash balances, and expense allocations. Review the funds’ quarterly and annual financial statements prepared in accordance with GAAP. Review supporting workpapers and schedules for underlying financial statement balances. Review investor’s quarterly capital account statements. Review financial reporting of the funds’ underlying holding companies/SPV entities. Oversee and review regulatory filings, including Form ADV, Form PF, CIMA filings and Annex IV reporting. Coordinate with internal and external auditors across all phases of the annual audit process, including SOX 404 compliance. Maintain and review waterfall models, including management fee, contribution, and distribution calculations. Oversee the preparation and review of investor management fee, capital contribution, and distribution notices. Ensure timely and professional responses to investor inquiries. Mentor and develop accounting team members across global locations. Coordinate internal cash movements with BX Treasury. Collaborate closely with internal stakeholders, including Operations, Investor Reporting, Tax, Treasury, Valuations, Regional Finance and Legal and Compliance. Support the testing, implementation, and enhancement of technology initiatives to drive process efficiencies and continuous improvement across finance functions. Qualifications Blackstone seeks highly motivated, intellectually curious individuals who have demonstrated excellence in prior professional endeavors. BS (or above) in Accounting or Finance. CPA and/or CFA preferred. 7+ years of real estate and/or private equity fund accounting, Big 4, or fund administrator experience. Proficient knowledge of Microsoft Office Suite (Excel, Word, PowerPoint). Excellent written and verbal communication skills, and effectively interact with senior management and external stakeholders. Demonstrates analytical and problem‑solving capabilities with strong attention to detail. Highly organized, results‑oriented, and capable of managing multiple priorities in a fast‑paced environment. Adapt in a dynamic environment and manage concurrent projects. Commitment to excellence, continuous improvement, and professional growth. 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. EEO Statement 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 at View phone number on click.appcast.io (US), View phone number on click.appcast.io (EMEA) or View phone number on click.appcast.io (APAC). Securities License Requirements (if applicable) 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 client questions; Marketing Blackstone funds to new or existing clients; Supervising or training securities licensed employees; Structuring or creating Blackstone funds/products; Advising on marketing plans prepared by a sales team or developing and/or contributing information for marketing materials. Note: 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. Application Process To submit your application please complete the form below. Fields marked with a red asterisk * must be completed to be considered for employment (although some can be answered "prefer not to say"). Failure to provide this information may compromise the follow‑up of your application. When you have finished click Submit at the bottom of this form. #J-18808-Ljbffr Blackstone