Fund Accounting, Associate

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 $ 975 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 . Follow @blackstone on  ,  , and  .

Job Description :

• Preparation and oversight of quarterly NAV and portfolio reconciliation process; investigating and resolving discrepancies with internal operations teams
• Prepare quarterly and annual Fund financial statements
• Maintain detailed capital account balances for partners
• Preparing and reviewing capital calls and distributions allocations
• Calculating management fee, distributions, waterfall allocations, and IRR
• Preparing and reviewing expense allocations and payments
• Assist in tracking investment cost and monitoring the fair value of the investments
• Maintaining information and reconciling loan investments and debt financings in Investran to internal Ops system.
• Preparing and reviewing fund forecasts, performance estimates, attributions, and other ad-hoc projects
• Overseeing the calculations and managing wire payments for various firm revenues, including management fees, carried interest and / or incentive fees
• Reviewing fund legal documents and assisting in building processes and templates for new fund launches
• Liaising with the Investment and Operation teams to review and enhance internal and investor reporting
• Assisting in review of investor statements and internal reporting
• Coordinating with external auditors for the year-end audit process
• Overseeing and reviewing the work of the offshore team
• Assist in the preparation of templates, which will be included in Blackstone’s quarterly filing and / or press release

Qualifications :

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 :

95,000 - $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.