Finance - Global Fund Finance - BXMA Reporting - 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’s Global Fund Finance is seeking a Financial Reporting Associate focused on the Hedge Fund Solutions (Blackstone Multi-Asset Investing, or ‘BXMA’) segment.  This group leads the issuance of approximately 200 audited financial statements and collaborates with auditors and other service providers throughout the year.  The team manages the administrators’ preparation of the financial statements in accordance with US GAAP (and IFRS/Lux GAAP).  This team also provides technical accounting expertise across all products within BXMA and coordinates with colleagues across the broader Global Fund Finance group.  The team also works on special projects and plays a key role in the communication flow of information between other groups.  Oversight of service providers is critical to the success of this team, and a component of this role will include the management of the 10+ onshore and offshore teams of consultants.

Responsibilities

• Assist in the audit and review of financial statements
• Research technical developments related to accounting (GAAP, FASB, etc.) pronouncements
• Assist in providing accounting guidance for new products, new investors with specific reporting requirements and valuation considerations for various instruments and holdings
• Assist in the review of SEC reports (10-Q and 10-K) for parent company along with consolidation analyses and segment reporting
• Build key business relationships with BXMA teams, external auditors, and across Blackstone Finance teams
• Work with auditors regarding approach, documentation, support and processes for quarterly reporting and the year-end audits
• Facilitate and coordinate multiple deadlines, work cohesively as a team, and respond quickly to management requests
• Measure key performance indicators for internal and external providers
• Train, manage and mentor offshore resources, consultants and junior team members
• Ad-hoc projects

Qualifications

• 6+ years of industry experience
• Strong analytical and leadership skills
• Exceptional communication skills and attention to detail
• Demonstrable experience performing against competing deadlines and adjusting plans to meet changing needs and requirements
• Effectively summarizes issues, develops recommendations and makes decisions
• Multitasks and prioritizes varied tasks
• Strong attention to detail
• Professionalism and professional integrity
• Stays informed about, researches and reaches well-reasoned conclusions on technical accounting issues
• Proactive and take initiative
• Enthusiastic team player
• Fund of hedge fund, hedge fund, private equity industry experience
• Extensive knowledge of SEC Reporting and US GAAP for hedge funds
• Public Accounting audit background

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:

$125,000 - $200,000

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 do