Fund Accounting, Associate

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

• Advanced Excel skills required
• 2+ years of public accounting / private equity experience
• CPA preferred
• Commitment to excellence in work product
• Strong time management skills
• Independent worker/ self-starter
• Strong desire to learn
• Licensing Requirements
• Attending client meetings where you are discussing Blackstone products and/or 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.
• Salary
• $100,000 - $140,000

EEO Statement

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.

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