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$90,000 - $125,000
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. We do this by using extraordinary people and flexible capital to help companies solve problems. Our $1 trillion
in assets under management include investment vehicles focused onprivate 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.Further information is available at
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Blackstone's Global Fund Finance is seeking a Financial Reporting Associate focused on the Hedge Fund Solutions (Blackstone Multi-Asset Investing, or BXMA') segment. This group leads the issuance of approximately 200 audited financial statements and collaborates with auditors and other service providers throughout the year. The team manages the administrators' preparation of the financial statements in accordance with US GAAP (and IFRS/Lux GAAP). This team also provides technical accounting expertise across all products within BXMA and coordinates with colleagues across the broader Global Fund Finance group. The team also works on special projects and plays a key role in the communication flow of information between other groups. Oversight of service providers is critical to the success of this team, and a component of this role will include the management of the 10+ onshore and offshore teams of consultants.
Responsibilities
- Assist in the audit and review of financial statements
- Research technical developments related to accounting (GAAP, FASB, etc.) pronouncements
- Assist in providing accounting guidance for new products, new investors with specific reporting requirements and valuation considerations for various instruments and holdings
- Assist in the review of SEC reports (10-Q and 10-K) for parent company along with consolidation analyses and segment reporting
- Build key relationships with BXMA teams, external auditors, and across Blackstone Finance teams
- Work with auditors regarding approach, documentation, support and processes for quarterly reporting and the year-end audits
- Facilitate and coordinate multiple deadlines, work cohesively as a team, and respond quickly to management requests
- Measure key performance indicators for internal and external providers
- Train, manage and mentor offshore resources, consultants and junior team members
- Ad-hoc projects
Qualifications
- 3+ years of industry experience and strong analytical and leadership skills
- Exceptional communication skills and attention to detail
- Proven ability to perform against competing deadlines and to adjust plans to meet changing needs and requirements
- Ability to summarize issues, develop recommendations and make decisions
- Ability to multitask and prioritize diverse tasks
- Strong attention to detail, demonstrated integrity and professionalism
- Stays informed about, researches and reaches well-reasoned conclusions on technical accounting issues
- Ability to be proactive and take initiative
- Enthusiastic team player
- Fund of hedge fund, hedge fund, private equity industry experience
- Extensive knowledge of SEC Reporting and US GAAP for hedge funds
- Public Accounting audit
- background
The duties and responsibilities described here are not exhaustive and additional assignments, duties, or responsibilities may be required of this position. Assignments, duties, and responsibilities may be changed at any time, with or without notice, by Blackstone in its sole discretion.
Expected annual base salary range
Additional compensation Base salary does not include other forms of compensation or benefits offered in connection with the advertised role.
Actual base salary within that range will be determined by several components including but not limited to the individuals experience, skills, qualifications and job location. For roles located outside of the US, please disregard the posted salary bands as these roles will follow a separate compensation process based on local market comparables.
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.
If you need a reasonable accommodation to complete your application, please email Human Resources at
HR-Recruiting-Americas@Blackstone.com
Depending on the position, you may be required to obtain certain securities licenses if you are in a client facing role and/or if you are engaged in the following
- Attending client meetings where you are discussing Blackstone products and/or and 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.
Note The above list is not the exhaustive list of activities requiring securities licenses and there may be roles that require review on a case-by-case basis. Please speak with your Blackstone Recruiting contact with any questions.
To submit your application please complete the form below. Fields marked with a red asterisk * must be completed to be considered for employment (although some can be answered prefer not to say). Failure to provide this information may compromise the follow-up of your application. When you have finished click Submit at the bottom of this form.