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    Fund Accounting, Assistant Vice President - Trenton, United States - Blackstone Restaurant

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    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 onprivate 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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    Job Title:
    Blackstone Global Fund Finance Open-Ended Funds BPP – Assistant Vice President

    Job Description:
    Responsible for day-to-day activities related to the fund accounting and reporting of open-ended and closed-ended core real estate funds administered both externally and internally
    Liaise on a daily basis with third party fund administrator including, but not limited to cash, capital allocations and reconciliations, financial statements, capital call drawdown notices, distributions, redemptions, and investor requests
    Responsible for fund level operating activities including deal funding, investor funding, all cash activities, line of credit, reconciliations, and regulatory reporting
    Responsible for deliverables associated with BX quarterly close
    Responsible for production of quarterly and annual financial statements fund partnerships' GAAP financial statements
    Responsible for calculation of complex waterfall and incentive models
    Liaise with external auditors
    Coordinate with internal audit to ensure SOX compliance
    Collaborate with multiple internal teams including Tax, Acquisition, Portfolio Management, Asset Management, Legal & Compliance, Investor Client Services, local Finance, Technology, and Treasury
    Responsible for offshore team coordination
    Qualifications
    BS (or above) in Accounting or Finance is required and CPA is preferred
    7+ Years of public accounting/private fund accounting experience
    Experience with open-ended funds, real estate and/or private equity industry is preferred
    Knowledge of Investment Company accounting required
    Strong technical accounting experience required
    Investran experience a plus
    Understanding of common industry performance metrics required
    Advanced excel skills required
    Strong written and verbal communication skills
    Ability to thrive in a team-based environment
    Highly organized and proactive
    Ability to work effectively in a dynamic culture
    Detail oriented and possess strong work ethic; ability to multi-task and execute a wide range of assignments; strong time management skills
    Ideal candidates would have a commitment to excellence in their work product and a desire to learn and grow as a professional


    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:
    $125,000 - $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.

    If you need a reasonable accommodation to complete your application, please contact Human Resources at US), EMEA) or APAC).
    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.

    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.

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