Internal Audit - Financial Reporting Controls/SOX - Associate

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.

Position Title

Internal Audit, Financial Reporting Controls/SOX Associate – New York

Job Description

Blackstone Internal Audit (BXIA) facilitates the project management, quality assurance and oversight of internal control testing related to financial reporting and compliance for Blackstone’s SOX Compliance program. The Internal Audit Financial Reporting Controls Associate will be primarily responsible for execution of day-to-day activities to support the firm-wide SOX program and assessment of its internal controls over financial reporting. The candidate may also be involved in documenting and assessing financial reporting controls outside of SOX scope and contributing to department-wide strategic initiatives. BXIA’s remit spans across all areas of the Firm, including the business strategy teams who are responsible for investment and asset management; corporate functions such as Human Resources, Finance and Compliance; as well as the regional entities across EMEA and APAC. Specific responsibilities will include, but are not limited to:

• Support Financial Reporting Controls PMO in execution of the firm-wide Sarbanes-Oxley program requirements of ICFR compliance
• Coordinate with process owners across business segments and corporate functions from planning through deficiency remediation
• Collaborate with external audit for key financial reporting requirements to maximize reliance
• Collaborate with team members to deliver on responsibilities, including dedicated offshore resources
• Contribute to preparation of financial statement and fraud risk assessments
• Prepare for and participate in design walkthroughs and maintain process narratives and controls
• Perform control testing quality assurance reviews and evaluate control deficiencies, propose remediation and monitor to closure
• Facilitate quarterly SOX Process Owner attestations
• Assist in preparation of SOX status reporting for Audit Committee
• Analyze 10-Q and 10-K financial statements
• Engage in financial reporting valuation control reviews with the audit team, participate in discussions with management and external auditors
• Maintain knowledge of current regulatory requirements impacting internal controls over financial reporting
• Develop ongoing working relationships within the firm, and communicate ways to improve controls
• Learn and become an expert with using AuditBoard, BXIA’s cloud-based SOX/Audit workflow tool
• Participate in firm and industry events that will enhance your skills and expand your knowledge of the alternative asset management field

Qualifications

BXIA seeks to attract and develop best-in-class talent from diverse professional backgrounds including finance, technology, risk management, operations, and compliance. Successful professionals should demonstrate a strong understanding of the asset management business and experience building strong working relationships with business partners through the delivery of impactful services focused on strengthening the risk and control environment. The relatively small size of this group offers an opportunity to gain significant exposure across the Blackstone platform.

The ideal candidate will require adaptability, intellectual curiosity, strong judgment, and superior problem-solving skills to successfully navigate the complexities associated with evaluating risk across various business units and enterprise-wide functions. In addition, the successful candidate should have:

• 2+ years of experience in internal audit and/or public accoun