Real Estate Finance - Reengineering, AVP

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 Real Estate 

Blackstone is a global leader in real estate investing. Blackstone’s real estate business was founded in 1991 and has US $325 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 Title: Real Estate Finance – Reengineering AVP 

The Real Estate (“RE”) Finance team is responsible for the preparation of financial performance, forecasting, and valuation reporting of the RE business. The team primarily provides support to business management and investment professionals while addressing a variety of investor relations, management reporting, and operational priorities. The AVP would be responsible for supporting technology initiatives across the RE finance team.

Responsibilities:

Reengineering Advancements: Partner with finance and technology teams on strategic business initiatives and automation projects to enhance and streamline reporting processes on a global scale. This role involves UAT activities (testing, documentation, and support), data migration (planning, execution, and validation), and data governance. Areas of focus (which may change with business needs) include:

• Project management: Develop and maintain project tasks and timelines and prepare management updates
• Performance fee calculation: Validating and building performance fee “waterfall” models and systems to support both actual and hypothetical scenarios
• Business performance reporting: Expanding and testing systems used to summarize global RE business results for senior leadership
• SEC reporting: Develop technology pipeline to streamline data from system of origin to system of reporting for public company reporting
• Database governance: Implement processes and procedures to build user confidence in system data. Responsible for data migration, validation, and governance

Qualifications:

• Undergraduate degree in Finance, Math, Accounting or Economics
• Strong academic record
• 5+ years in a business analyst, project management, consulting, or Private Equity / Real Estate role
• Strong written and verbal communication skills; effectively conveys complex topics clearly to a non-technical audience
• Collaborate across teams, summarize issues, develop recommendations, and make decisions
• Strong Microsoft Office skills (MS Excel, MS PowerPoint and MS Word);
• Experience building and working with large data validation files (Pivots, V-Lookups)
• Strong analytical, problem solving and critical thinking skills
• Detail-oriented, effectively multitasks and delivers under tight deadlines;
• Self-starter with a strong work ethic that thrives on complexity and solution finding

The duties and responsibilities described here are not