Internal Audit - Vice President (Financial Reporting Controls)

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 – Vice President (Financial Reporting Controls)

Blackstone Internal Audit

Blackstone Internal Audit (BXIA) provides independent assurance to executive management and the Blackstone Audit Committee regarding the effectiveness of the Firm’s governance, risk management, and internal control processes. Additionally, BXIA facilitates Blackstone’s SOX Compliance Program by providing oversight, expertise, and assistance in project management and quality assurance of the internal control environment for financial reporting.

Job Description

As a Vice President in BXIA, you will be deeply involved in core activities of our internal audit function, including audit planning, execution, strategic initiatives, and risk advisory, while also supporting the oversight of the financial reporting control initiatives, including SOX compliance and evaluation of the firm’s quarterly financials. This position provides a unique opportunity to gain exposure to key areas across Blackstone’s global business, including investment and asset management, risk management, operations, technology, and compliance with a focus on finance. You will collaborate with leaders across the Firm to deliver impactful recommendations aimed at risk mitigation and enhancing the financial control environment, while also promoting a professional culture of innovation.

Key Responsibilities

• Risk Assessment: Assist in the annual risk assessment process and drive the formation of the audit plan across finance functions to ensure comprehensive risk coverage
• Audit Execution: Create and execute risk-based audit work programs across corporate and business finance functions that align with the annual audit plan
• Risk and Control Evaluation: Identify and evaluate key risks and controls, perform testing, document results and remediation plans to mitigate risks and enhance operational efficiency
• Reporting: Prepare commercially effective audit conclusions and findings, present to management, and monitor to resolution
• Financial Statement Analysis: Review financial data for accuracy or to detect errors and anomalies and identify potential issues or areas for improvement
• Valuations Assessment: Analyze valuation materials in advance of the Valuation Committees
• Subject Matter Expertise: Utilize your industry experience to offer expertise and advisory support for maintaining a robust internal control framework and improve ICFR processes
• Financial Reporting Compliance: Assist in facilitation of the annual SOX Compliance program
• Innovation: Identify and implement opportunities to drive efficiency and effectiveness in ICFR processes
• Industry Engagement: Stay updated on industry trends, regulatory changes, and participate in events to enhance your skills and knowledge of ICFR and the alternative asset management landscape
• Relationship Management: Establish and maintain strong working relationships with leadership across Blackstone, enhancing understanding of their operating and risk environments.
• Team Development: Manage, develop, train, and mentor colleagues

Qualifications

BXIA seeks to attract talent with a deep knowledge of risk and control frameworks, complemented by strong analytical skills with creative ideas to enhance audit techniques and contribute to operational efficiency through audit and advisory support. Successful professionals should demonstrate a strong understanding of the asset management business, regulatory requiremen