Global Fund Finance - Strategic Partners - 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 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.
 

Job Title: Finance - Global Fund Finance - Strategic Partners, Associate 

Job Description:       

The Global Fund Accounting Strategic Capital Holdings Finance and Accounting group is responsible for the fund performance reporting and all aspects of accounting related to the Strategic Capital Holdings Funds. The group mainly provides support to the front office professionals, addressing a variety of investor relations matters, and works with business development on new Funds and products. Additionally, the team supports Blackstone’s internal marketing group and primarily deals with statistical and performance related data.

Key responsibilities may include but are not limited to:

• Assist with reviewing daily cash and investment activity

• Monitoring and reporting on credit facility activity

• Preparation of capital drawdowns

• Preparation of distributions

• Review of waterfall calculations

• Review of management fee calculations and billing statements

• Preparation of quarterly and audited annual reports, including financial footnotes

• Assist in reviewing quarterly capital account statements

• Work with technology teams to improve system functionality and validate enhancements

• Liaise with investors

• Read and interpret LPAs

• Assist in onboarding of new funds

• Work with internal valuation team to ensure data completeness

• Work with Tax compliance to ensure accurate Investor reporting.

• Review fund external compliance deliverables, such as Form PF and AIFMD

• Assist with special projects and internal ad hoc requests      

Qualifications:

Ideal candidate would have a commitment to excellence in their work product, strong time management skills, and a desire to learn.           

• Bachelor’s degree in Accounting

• CPA (preferred, not required)

• 4+ years of related experience in public accounting and/or private equity fund administration

• Strong technical accounting skills

• Strong analytical skills and attention to detail

• Ability to work in a fast paced professional environment and handle multiple projects and deadlines

• Ability to build relationships and communicate effectively across multiple levels, functions and locations

• Effectively work and communicate with members of the team to ensure established deadlines are being met in an efficient, accurate, thorough and neat manner;

• Desire to implement process improvement opportunities;

• Microsoft Office (Excel, Word and PowerPoint)

• A self-starter with the ability to work autonomously

• Investran knowledge (preferred, not required)   

The duties and responsibilities described here are not exhaustive and additional assignments, duties, or responsibilities may be required of this position.  Assignments, duties, and responsibilities may be changed at any time, with or without notice, by Blackstone in its sole discretion.

Expected annual base salary range:

$105,000 - $140,000

Actual base salary within that range will be determined by several components including but not limited to the individual's experience, skills, qualifications and job location. For roles located outside of the US, please disregard the posted salary bands as these roles will follow a separate compensation process based on local market comparables.

Additional compensation: Base salary does not include other forms of compensation or benefits offered in connection with the advertised role.

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