Fund Accounting Manager
Company: myGwork
Location: Trenton
Posted on: January 26, 2023
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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:
Blackstone's Global Fund Finance team is seeking a Fund Accounting
Manager to join the team in support of business growth.
Responsibilities:
Calculate and review monthly estimate and final Fund NAV's, analyze
NAV reconciliations with various third-party administrators and
custodians
Review and reconcile the calculation of and pay management and
performance fees
Review and reconcile client capital statements generated by
third-party administrators
Review and reconcile fund foreign currency exposure and coordinate
hedging
Assist and coordinate team members in responding to client
requests
Review customized client reporting including calculation of time
weighted returns and IRRs
Review monthly revenue reporting and assist in review of
projections
Assist in the setup and launch of new products and Funds
Review cash flow analysis reporting to support the investment
process
Review capital call and distribution calculations and review
investor notices
Collaborate with offshore resources with NAV production
Collaborate with Operations teams including Middle Office, Pricing,
Financial Reporting, Management Reporting, Legal and Compliance,
and Regulatory Reporting
Process investor payments
Utilize technology and outsourced solutions to enhance efficiencies
and controls
Oversee service providers to achieve superior service
Oversee expense budgeting, hedging and cash reconciliation, certain
client reporting functions, and fund structuring and
restructuring
Work with reporting teams to properly present data in audited
financial statements and regulatory filings
Review legal documents for fund accounting process
considerations
Qualifications:
Blackstone seeks to hire individuals who are highly motivated,
proactive, intelligent, and have demonstrated excellence in prior
endeavors. The successful candidate should have:
BS (or above) in Accounting or Finance
6+ years of fund, audit, or administrator experience / 6+ years of
public or private accounting experience
Experience in private equity and / or hedge funds and / or audit
preferred
Knowledge of SEC / relevant regulatory filings for investment funds
preferred
CPA preferred, Audit experience is preferred
Strong Excel skills preferred
Excellent analytical, technical, and communication skills
Able to multi-task and effectively manage their own time.
A collaborative team player, always willing to assist
colleagues.
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:
$100,000 - $165,000 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 Manager, Executive , Trenton, New Jersey
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here to apply!
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