Fund Accounting, Manager

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 work papers
• 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 work papers 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:

• 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

Expected annual base salary range: $115,000 - $185,000

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.