Vice President - Fund Accounting - Blackstone Credit Registered Funds at Blackstone

New Jersey, United States

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Not SpecifiedCompensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Asset Management, Financial Services, Credit FundsIndustries

Requirements

BS (or above) in Accounting or Finance
CPA license
10+ years of public/private accounting experience
Experience with SEC reporting for Registered Investment Companies
Experience with daily NAV striking funds and/or credit industry (preferred)
Excellent interpersonal and communication skills, both written and verbal
Ability to thrive in a team-based environment
Highly organized and proactive
Excellent analytical and problem-solving skills; ability to work with various levels of management
Detail-oriented with strong work ethic; ability to multi-task, execute a wide range of assignments, and strong time management skills
Ability to work effectively in a dynamic culture
Commitment to excellence in work product and desire to learn and grow professionally

Responsibilities

Day-to-day fund accounting, administration, and reporting for registered closed-end funds, interval funds, and separately managed accounts trading credit strategies
Work with internal and external teams to strike NAVs, validate corporate level activity, subscription and redemption activity, promote calculations, management fee calculations, NAV allocations, performance calculations, and corporate G&A
Oversee production of annual/semi-annual reports, N-PORT, N-CSR, and other recurring SEC filings for Registered Investment Companies
Handle all required fund regulatory reporting and disclosures in SEC filings
Ensure financial results are appropriately recorded in the fund’s financial statements
Coordinate and oversee external administrators, transfer agents, external auditors for year-end audits, and internal auditors for SOX compliance
Collaborate on producing Audit Committee and Board of Director materials
Approve expense allocations, operating expense budgets, vendor expense payments, and monitor budgeted versus actual expenses
Review financial information in investor letters, internal reporting, ad hoc analysis, and projects
Manage and review quarterly reporting deliverables to Blackstone
Prepare accounting policy memos for new transactions and analyze new accounting standards for impact on funds
Coordinate with technology teams to improve automation of manual processes
Communicate clear direction and vision to team members
Generate and execute creative solutions to challenges and new initiatives
Manage and mentor junior staff
Collaborate with internal teams including Tax, Acquisition, Portfolio Management, Asset Management, Legal & Compliance, Investor Client Services, local Finance, Technology, Private Wealth Solutions, and Treasury

Skills

Fund Accounting

NAV Calculation

SEC Filings

N-PORT

N-CSR

Financial Reporting

Regulatory Reporting

SOX Compliance

Audit Oversight

Expense Allocation

Board Materials

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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