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Fund Accounting AVP - Blackstone Real Estate Partners (BREP)

Company: myGwork
Location: Trenton
Posted on: January 27, 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 .

Position Description: This position will be involved in fund accounting, financial reporting and operations for Blackstone Real Estate Partners funds ("BREP") and its underlying investments.
Specific Responsibilities:
Responsible for the funds' quarterly close process and reporting to the public company
Responsible for the funds' quarterly and annual GAAP financial statements
Responsible for work paper supporting schedules for financial statement accounts
Coordinate with both internal and external auditors with all aspects of the annual audit and SOX 404 compliant
Responsible for maintaining and reviewing the waterfall data for management fee, contribution and distribution calculations
Responsible for the preparation of investor management fee, contribution and distribution notices
Responsible for the prompt response to investors' requests
Responsible for the development and training of junior team members globally
Coordinate and manage investor wire instruction changes and internal cash movements with BX Treasury
Collaborate with internal teams including Operations, Investor Reporting, Tax, Treasury, Valuations and Legal and Compliance
Assist with the testing and implementation of technology initiatives to drive process improvements across the finance teams
Qualifications:
Blackstone seeks to hire individuals who are highly motivated, intelligent and have demonstrated excellence in prior endeavors.
BS (or above) in Accounting or Finance
CPA and/or CFA preferred
6+ years of private equity fund accounting, Big 4, or fund administrator experience
Proficient knowledge of Microsoft Office Suite (Excel, Word, PowerPoint)
Excellent interpersonal and communication skills, both written and verbal
Excellent analytical, problem-solving ability, and ability to work with various levels of management.
Detail oriented, highly organized and possess a strong work ethic; ability to multi-task and execute a wide range of assignments; strong time management skills
Ability to work in a dynamic environment and handle multiple projects
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:
$85,000 - $115,000 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 AVP - Blackstone Real Estate Partners (BREP), Accounting, Auditing , Trenton, New Jersey

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