Finance - Global Fund Finance - Bxc Drawdowns - New York, United States - Blackstone Group

Blackstone Group

Verified Company

New York, United States

3 weeks ago

Posted by:

Mark Lane

beBee recruiter

Description

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 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

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Responsibilities:

Overseeing quarterly NAV and portfolio reconciliation process; investigating and resolving discrepancies with Investran and internal operations teams.
Preparing and reviewing capital calls and distributions allocations
Calculating management fee, distributions, waterfall allocations, and IRR
Preparing and reviewing expense allocations and payments
Monitoring expenses and preparing budgets
Reviewing financial statements and regulatory reporting
Maintaining information and reconciling loan investments and debt financings in Investran to loan tracking models
Preparing and reviewing fund forecasts, performance estimates, attributions, and other adhoc projects
Overseeing the calculations and managing wire payments for various firm revenues, including management fees and incentive fees
Reviewing fund legal documents and assisting in building processes and templates for new fund launches
Liaising with the Investment and Operation teams to review and enhance internal and investor reporting
Assisting in review of investor statements, quarterly investment letters, and internal reporting
Maintaining accounting related data (capital, expenses, P&L) in internal systems
Coordinating with external auditors for the yearend audit process
Overseeing and reviewing the work of the offshore team and various administrators
Qualifications:
Advanced Excel skills required
3+ years of public accounting / private equity experience, preferably public accounting and asset management
CPA preferred
Commitment to excellence in work product
Strong time management skills
Independent worker/ selfstarter
Strong desire to learn

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:
$105,000 - $140,000

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.

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.

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.