Real Estate Finance - Financial Reporting, VP

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, Twitter, and Instagram.
 

Blackstone Real Estate 

Blackstone is a global leader in real estate investing. Blackstone’s real estate business was founded in 1991 and has US $315 billion of investor capital under management. Blackstone is the largest owner of commercial real estate globally, owning and operating assets across every major geography and sector, including logistics, data centers, residential, office and hospitality. Our opportunistic funds seek to acquire undermanaged, well-located assets across the world. Blackstone’s Core+ business invests in substantially stabilized real estate assets globally, through both institutional strategies and strategies tailored for income-focused individual investors including Blackstone Real Estate Income Trust, Inc. (BREIT). Blackstone Real Estate also operates one of the leading global real estate debt businesses, providing comprehensive financing solutions across the capital structure and risk spectrum, including management of Blackstone Mortgage Trust (NYSE: BXMT).  

Job Description:

The Real Estate (“RE”) Finance Group is responsible for managing the daily transactional flow, ongoing servicing and reporting results of portfolio activities across the business

• Coordinate and produce global reporting and supporting materials, including quarterly portfolio updates, benchmarking data, etc.
• Maintain daily investment cash flow tracking process for Blackstone's real estate funds, which includes global investments across multiple sectors, including Multifamily, Studio/Media, Office, Retail, Life Sciences, Data Centers and Industrial
• Work with team members to prepare and maintain FP&A deliverables for the platform, and coordinate with real estate and corporate FP&A groups to ensure proper consolidation of information
• Produce the support for investment fundings, distributions, underlying fund level key performance metrics (i.e. IRRs, TWRs), valuation materials and Blackstone Quarterly SEC financial reporting filings across regional teams
• Participate in ongoing project initiatives and assist in enhancing the group’s reporting processes, procedures and analytics to continue to scale finance infrastructure and support growth of the business 
• Engage directly with various teams, including Asset Management, Portfolio Management, Deal Professionals and Global Accounting teams
• Mentor, oversee and coordinate the offshore operations team and other key stakeholders  
• Support Blackstone corporate finance and investor relations teams during the quarterly earnings process, as well as on an ad-hoc basis relating to client and investor matters
• Prepare monthly and quarterly fund analytics for senior management

Qualifications:

• Undergraduate degree in Finance, Accounting or Economics; strong academic record
• 8+ years of related experience
• Experience with investment fund finance and performance reporting is a plus
• Ability to collaborate with other teams, summarize issues and develop recommendations