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 Linked In, X, and Instagram.

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”).

• 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 work papers 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.

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.

$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,…