Global Fund Finance - Blackstone Multi-Asset - Vice President

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 www.blackstone.com. Follow @blackstone on LinkedIn, X, and Instagram.

Blackstone Multi-Asset Investing (BXMA) manages $90 billion across a diversified set of businesses. We strive to generate attractive risk-adjusted returns for our clients across market cycles. Our strategies include Absolute Return, Multi-Strategy, Total Portfolio Management, and Public Real Assets.

Blackstone’s Global Fund Finance team is seeking a Vice President to oversee the compilation, review and reporting of Net Asset Values for the Blackstone Multi Asset platform. Candidates should have 10+ years of public and private accounting experience. Candidates are expected to exhibit strong technical and analytical skills as well as exceptional communication skills. Candidates should be highly motivated, self-motivated and a team-oriented individual committed to finding creative and innovative solutions who will thrive on challenge in a dynamic environment.

Responsibilities

·         Review daily and monthly estimate and final fund NAVs

·         Oversee all aspects of fund accounting operations, including NAV reconciliations with third-party administrators

·         Manage offshore resources to ensure accurate and timely preparation of initial NAV reviews and reconciliation files

·         Review the calculation of and pay management and performance fees in accordance with the funds’ governing documents

·         Review annual financial statements, investor letters, LP distribution and capital call notifications and BX reporting deliverables

·         Oversee monthly revenue reporting and produce projection models

·         Manage and lead a team, providing guidance, training, and performance evaluations

·         Participate in the setup and launch of new products and Funds

·         Liaise with various Finance and Operations teams including Middle Office, Pricing, Financial Reporting, Management Reporting, Legal and Compliance

·         Guide team members in responding to client and internal requests

·         Develop and implement efficient processes and controls to enhance the accuracy and efficiency of fund accounting operations

·         Oversee service providers to achieve superior service

·         Review legal documents for fund accounting process considerations

·         Promote a positive and collaborative work environment, encouraging professional development and teamwork among team members

Qualifications:

·         BS (or above) in Accounting or Finance

·         10+ years of fund, audit, or administrator experience

·         Knowledge of private equity and/or hedge funds

·         CPA preferred

·         Experience in the financial services industry is preferred

·         Strong Excel skills are required

·         In-depth knowledge of fund accounting and operations

·         Accounting systems experience is strongly preferred

·         Excellent communication and interpersonal skills, with the ability to effectively interact with clients,  m