New Jersey, NJ30+ days ago
Follow @blackstone on LinkedIn, X, and Instagram.\n \nJob Description: \n\n Oversee the monthly/quarterly portfolio reconciliation process for our separately managed accounts and funds; investigate and resolve discrepancies with internal/external teams\n Review the third-party fund administrator in the quarterly NAV and review capital account statement process \n Prepare/review recurring investor capital calls as well as the calculation and payment of management fees and performance fees where applicable\n Review the audited financial statement process with our external administrator and auditor\n Prepare and review expense allocations, operating expense budgets, vendor expense payments, and monitor budgeted versus actual expenses\n Prepare/review and analyze portfolio and performance metrics such as total return/IRR, P&L, and other analyses for senior management\n Assist in responding to client and internal requests including Blackstone reporting deliverables\n Coordinate with internal/external Technology resources to automate recurring deliverables and optimize efficiencies\n Ensure information is properly presented in regulatory filings such as Form ADV\n Liaise with various internal teams including Investor Relations, Operations, Management Reporting, and Legal and Compliance\n Collaborate with and oversee offshore resources to ensure accurate and timely preparation of files and provide additional training when needed\n Review fund/deal documents/structures and assist in the setup of new products, managed accounts, and/or funds\n \nQualifications: \n\n BS (or above) in Accounting or Finance is required\n CPA license is preferred\n 7+ years of public/private accounting experience or administrator experience\n Experience with credit products (loans, CLOs, bonds, revolvers, delayed draws, RMLs) is preferred\n Advanced Excel skills required\n Outstanding attention to detail and accuracy, including commitment to excellence in work product\n Strong desire to learn and collaborative team player\n Proactive self-starter\n Possesses a strong work ethic, integrity, and a positive attitude\n Effective interpersonal and communication skills, both written and verbal\n Highly organized with strong time management and multi-tasking skills\n \nThe duties and responsibilities described here are not exhaustive and additional assignments, duties, or responsibilities may be required of this position. All Blackstone employees, including but not limited to recruiting personnel and hiring managers, are required to abide by this policy.\n \nIf you need a reasonable accommodation to complete your application, please contact Human Resources at 212-583-5000 (US), +44 (0)20 7451 4000 (EMEA) or +852 3656 8600 (APAC).\n \nDepending on the position, you may be required to obtain certain securities licenses if you are in a client facing role and/or if you are engaged in the following:\n\n Attending client meetings where you are discussing Blackstone products and/or and client questions; \n \n\n Marketing Blackstone funds to new or existing clients; \n \n\n Supervising or training securities licensed employees; \n \n\n Structuring or creating Blackstone funds/products; and\n \n\n Advising on marketing plans prepared by a sales team or developing and/or contributing information for marketing materials.