Fund Accounting Senior Vice President - Blackstone Property Partners Open Ended Funds
Company: myGwork
Location: Trenton
Posted on: January 26, 2023
|
|
Job Description:
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 $951 billion 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 Description:
Oversee team responsible for day to day activities related to the
fund accounting and reporting of open-ended and closed-end core
real estate European funds administered both externally and
internally
Liaise with third party fund administrator including, but not
limited to cash, capital allocations and reconciliations, financial
statements, capital call drawdown notices, distributions,
redemptions, and investor requests
Manage all fund level operating activities including deal funding,
investor funding, all cash activities, line of credit,
reconciliations, and regulatory reporting
Partner with others in Real Estate Finance to strike monthly NAVs
for Luxemburg regulated retail fund
Manage quarterly close of BX deliverables
Review all capital calls and distributions activities and all other
fund level activities
Liaise with external auditors
Review quarterly and annual fund partnerships' GAAP financial
statements
Responsible for consolidation of financial statements,
preparing/reviewing applicable filings, technical accounting
research, and monthly/quarterly reporting requirements
Review all updates in waterfall model for contribution and
distribution process and distribution waterfall testing
Manage LP onboarding and investor requests
Coordinate with internal and external audit to ensure SOX
compliance
Manage team with all system migration and implementation
Work with technology teams to improve automation/reporting of
manual processes
Collaborate with multiple internal teams including Tax,
Acquisition, Portfolio Management, Asset Management, Legal &
Compliance, Investor Client Services, local Finance, Technology,
Private Wealth Solutions, and Treasury
Assist senior management with execution of strategic plan
Generate creative solutions to improve processes
Responsible for training and mentoring team members across the
global teams
Qualifications:
BS (or above) in Accounting or Finance and CPA is required
15 + years of public/private accounting experience
Experience with open-ended funds, real estate and/or private equity
industry is preferred
Strong written and verbal communication skills
Ability to thrive in a team-based environment
Highly organized and proactive
Ability to work effectively in a dynamic culture
Detail oriented and possess strong work ethic; ability to
multi-task and execute a wide range of assignments; strong time
management skills
Ideal candidates would have a commitment to excellence in their
work product and a desire to learn and grow as a professional
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:
$200,000 - $250,000 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.
Blackstone is committed to providing equal employment opportunities
to all employees and applicants for employment without regard to
race, color, creed, religion, sex, pregnancy, national origin,
ancestry, citizenship status, age, marital or partnership status,
sexual orientation, gender identity or expression, disability,
genetic predisposition, veteran or military status, status as a
victim of domestic violence, a sex offense or stalking, or any
other class or status in accordance with applicable federal, state
and local laws. This policy applies to all terms and conditions of
employment, including but not limited to hiring, placement,
promotion, termination, transfer, leave of absence, compensation,
and training. All Blackstone employees, including but not limited
to recruiting personnel and hiring managers, are required to abide
by this policy.
If 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).
Depending 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:
Attending client meetings where you are discussing Blackstone
products and/or and client questions;
Marketing Blackstone funds to new or existing clients;
Supervising or training securities licensed employees;
Structuring or creating Blackstone funds/products; and
Advising on marketing plans prepared by a sales team or developing
and/or contributing information for marketing materials.
Note: The above list is not the exhaustive list of activities
requiring securities licenses and there may be roles that require
review on a case-by-case basis. Please speak with your Blackstone
Recruiting contact with any questions.
To submit your application please complete the form below. Fields
marked with a red asterisk * must be completed to be considered for
employment (although some can be answered "prefer not to say").
Failure to provide this information may compromise the follow-up of
your application. When you have finished click Submit at the bottom
of this form.
This employer is a corporate member of
myGwork - LGBTQ+ professionals, the business community for LGBTQ+
professionals,
students, inclusive employers & anyone who believes in workplace
equality.
Keywords: myGwork, Trenton , Fund Accounting Senior Vice President - Blackstone Property Partners Open Ended Funds, Accounting, Auditing , Trenton, New Jersey
Click
here to apply!
|