Finance - Fund Operations - Real Estate - Vice President at Blackstone

New York, New York, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Real Estate, Alternative Investments, Asset ManagementIndustries

Requirements

Bachelor’s degree in Accounting or Finance required; MBA, CFA, or CPA preferred
12+ years of experience in fund operations, public accounting, fund accounting, or corporate finance
Proven leadership and people management skills with a track record of process improvement
Strong analytical, organizational, and problem-solving abilities; detail-oriented
Thrives in a dynamic environment, managing multiple priorities and deadlines
Exceptional communication skills; builds strong professional relationships across levels, functions, and geographies
Self-starter; works well independently

Responsibilities

Partner with investment teams, fund counsel, tax advisors, and portfolio company management to support investment transactions
Design, implement, and maintain scalable processes across the real estate operating platform
Collaborate with the technology team to automate and enhance reporting processes
Oversee assignments for both New York and offshore operations teams
Review and analyze internal reporting to the Real Estate COO and CFO on fund metrics, dry powder, and liquidity; recommend actions based on findings
Monitor fund LPA limitations and ensure adherence to credit agreement covenants
Serve as a primary liaison for investor inquiries related to fund activities
Coordinate with fund accountants on deal transaction accounting
Manage capital calls, line of credit capacity, and covenant compliance
Review capital call and distribution memos for accuracy and compliance
Oversee expense processes in accordance with LPAs and firm policies
Manage SPV-level accounting for U.S. opportunistic deals
Partner with Institutional Client Solutions on investor relations and due diligence deliverables
Interpret and apply LPA provisions to operational decisions
Coordinate with internal and external auditors
Lead special projects and respond to ad hoc internal requests

Skills

Fund Operations

Real Estate Finance

Investment Transactions

Process Automation

Financial Reporting

Compliance Management

Capital Calls

LPA Monitoring

Covenant Compliance

Investor Relations

Deal Accounting

Blackstone

Global alternative asset management firm

About Blackstone

Blackstone is a leader in alternative asset management, focusing on private equity, real estate, and credit investments. The firm manages over $1.1 trillion in assets and partners with financial advisors to provide access to private markets, aiming to create strong businesses that deliver lasting value. Its main products, BREIT and BCRED, cater to income-focused investors, while the On-Demand Continuing Education Program helps educate investors on private market topics. Blackstone's goal is to identify economic trends and invest in industry-leading businesses to generate strong returns.

New York City, New YorkHeadquarters

1985Year Founded

$18,081.8MTotal Funding

UNKNOWNCompany Stage

Financial Services, Real Estate, EducationIndustries

5,001-10,000Employees

Risks

Increased competition in AI may lead to overvaluation and market saturation.

Potential regulatory scrutiny due to significant investments in diverse sectors.

Economic instability in Europe could impact returns from European investments.

Differentiation

Blackstone is a global leader in alternative asset management with $1.1 trillion AUM.

The firm specializes in private equity, real estate, and credit investments.

Blackstone partners with financial advisors to provide access to private markets.

Upsides

Blackstone's $300M investment in DDN shows a strategic pivot towards AI-driven growth sectors.

The €250M investment in Sia Partners expands Blackstone's footprint in AI consulting services.

Partnership with Jersey Mike’s indicates investment in established consumer brands with growth potential.

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