Fund Accounting, Manager

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.

Primary Responsibilities:

Accounting for Blackstone funds leveraging the fund's general ledger and internal workpapers

Oversee the review of daily bank activities, manage cash with the deal team

Maintaining information and reconciling loan investments and debt financings in the GL system and internal workpapers to loan tracking models

Review quarterly / annual financial statements, quarterly capital statements, LP distributions and capital call notifications, Blackstone reporting deliverables, and quarterly work papers for internal review and quarterly reporting support

Collaborate with the deal team, legal team, tax, treasury and operations teams on new investments and restructures

Review management fee calculation, rebates and offsets for accuracy and completeness

Prepare and review realized and unrealized waterfall calculations

Review the gross levered/unlevered and Net IRR calculations

Manage the day to day of the Offshore COE Team and Analyst/Associates to ensure accurate and timely preparation of work papers and reconciliation files

Collaborate with the Luxembourg third-party administrators

Manage upward communicate any issues and help come up with solutions

Assisting with ad hoc projects and system implementations as necessary

Preparing support analyses for partnership activities to external auditors for year-end audits and partnership tax returns

Qualifications:

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 is required

7+ years public/private experience is preferred

Audit experience is preferred

Experience in the financial services is preferred

Strong Excel skills preferred

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

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: Base salary does not include other forms of compensation or benefits offered in connection with the advertised role.

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.