Global Fund Finance - Assistant Vice President - Credit at Blackstone

New York, New York, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Part TimeJob Type

UnknownVisa

Asset Management, Alternative Investments, Private Equity, CreditIndustries

Requirements

BS (or above) in Accounting or Finance
CPA license preferred
6+ years of public/private accounting experience or administrator experience
Experience with credit products (loans, CLOs, bonds, revolvers, delayed draws) and Fund of Funds preferred
Advanced Excel skills
Outstanding attention to detail and accuracy
Strong desire to learn and be a collaborative team player
Proactive self-starter
Strong work ethic, professional integrity, and a positive attitude
Effective interpersonal and communication skills (written and verbal)
Highly organized with strong time management and multi-tasking skills

Responsibilities

Oversee the monthly/quarterly portfolio reconciliation process for separately managed accounts
Investigate and resolve discrepancies with internal teams
Review the third-party fund administrator in the quarterly NAV and review capital account statement process
Prepare/review recurring investor capital calls as well as the calculation and payment of management fees
Review the audited financial statement process with the external administrator and auditor
Prepare and review expense allocations, operating expense budgets, vendor expense payments, and monitor budgeted versus actual expenses
Prepare, review, and analyze portfolio and performance metrics such as total return/IRR, P&L, and other analyses for senior management
Assist in responding to client and internal requests including Blackstone reporting deliverables
Coordinate with internal/external technology resources to automate recurring deliverables and optimize efficiencies
Ensure information is properly presented in regulatory filings such as Form ADVL
Liaise with various internal teams including Investor Relations, Operations, Management Reporting, and Legal and Compliance
Collaborate with and oversee offshore resources to ensure accurate and timely preparation of files and provide additional training when needed
Review fund/deal documents/structures and assist in the setup of new products, managed accounts, and/or funds

Skills

Portfolio Reconciliation

NAV Review

Capital Calls

Management Fees

Financial Statements

Expense Allocations

Expense Budgets

IRR Calculation

P&L Analysis

Performance Metrics

Regulatory Filings

Process Automation

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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