Blackstone
Finance - Fund Operations - Real Estate - Vice President
Blackstone, New York, New York, us, 10261
Finance - Fund Operations - Real Estate - Vice President
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. Our $1.1 trillion 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. Business Unit:
Global Fund Finance – Real Estate Position Description:
This position will be involved in operations, financial reporting, and fund accounting for Blackstone Real Estate Partners funds (“BREP”) and its underlying investments. Specific Responsibilities: Liaise with Tax and the Fund Accounting team on transaction accounting; oversee quarterly production of SPV financial statements and trial balances / NAV packs Support fund level operating activities including credit facility reports and preparation of quarterly compliance certificates Work with Legal and Compliance team to ensure compliance with various fund policies and procedures including LPA limitations, side-letter agreements, and deal certificates Prepare fund and investment specific regulatory filings Plan, prepare and manage LP distribution process including coordination with deal teams and preparation of LP memos Prepare internal reporting for Real Estate COO & CFO on fund metrics; provide analysis and recommend actions Oversee entity and expense management, inclusive of fund and entity dissolution processes Responsible for the oversight of prompt responses to internal requests, investor requests, auditor requests, and ad hoc projects by the team Oversee BREP’s public operations including FMV calculations, custody management, and proxy voting Manage, train and develop staff both in the U.S. and India to assist with accounting and operational work Coordinate the testing and implementation of initiatives to improve and streamline fund operations functions Qualifications: 10+ years of public accounting, private equity fund accounting, or private equity fund operations experience Undergraduate degree in Accounting, Finance or Economics CPA or graduate degree preferred Proficient knowledge of Microsoft Office Suite (Excel, Word, PowerPoint) Strong analytical skills, detail oriented and highly organized Possesses a strong work ethic, professional integrity, and a positive attitude Strong oral and written communication and influencing skills Ability to work in a dynamic environment and handle multiple projects 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. If you need a reasonable accommodation to complete your application, please email Human Resources at HR-Recruiting-Americas@Blackstone.com. The expected annual base salary range is $155,000 - $225,000.
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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. Our $1.1 trillion 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. Business Unit:
Global Fund Finance – Real Estate Position Description:
This position will be involved in operations, financial reporting, and fund accounting for Blackstone Real Estate Partners funds (“BREP”) and its underlying investments. Specific Responsibilities: Liaise with Tax and the Fund Accounting team on transaction accounting; oversee quarterly production of SPV financial statements and trial balances / NAV packs Support fund level operating activities including credit facility reports and preparation of quarterly compliance certificates Work with Legal and Compliance team to ensure compliance with various fund policies and procedures including LPA limitations, side-letter agreements, and deal certificates Prepare fund and investment specific regulatory filings Plan, prepare and manage LP distribution process including coordination with deal teams and preparation of LP memos Prepare internal reporting for Real Estate COO & CFO on fund metrics; provide analysis and recommend actions Oversee entity and expense management, inclusive of fund and entity dissolution processes Responsible for the oversight of prompt responses to internal requests, investor requests, auditor requests, and ad hoc projects by the team Oversee BREP’s public operations including FMV calculations, custody management, and proxy voting Manage, train and develop staff both in the U.S. and India to assist with accounting and operational work Coordinate the testing and implementation of initiatives to improve and streamline fund operations functions Qualifications: 10+ years of public accounting, private equity fund accounting, or private equity fund operations experience Undergraduate degree in Accounting, Finance or Economics CPA or graduate degree preferred Proficient knowledge of Microsoft Office Suite (Excel, Word, PowerPoint) Strong analytical skills, detail oriented and highly organized Possesses a strong work ethic, professional integrity, and a positive attitude Strong oral and written communication and influencing skills Ability to work in a dynamic environment and handle multiple projects 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. If you need a reasonable accommodation to complete your application, please email Human Resources at HR-Recruiting-Americas@Blackstone.com. The expected annual base salary range is $155,000 - $225,000.
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