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 $1.1 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. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, X, and Instagram.
Blackstone's Finance group is seeking an experienced and highly skilled professional for a promising opportunity as a vice president on the Accounting Strategy & Policy team for the firm. This role will partner closely with the Head of Accounting Strategy & Policy to drive firmwide accounting and reporting initiatives for Blackstone Inc., oversee day-to-day team operations, and enhance overall execution, team culture, and impact.
Primary Responsibilities: - Proactively identify accounting policy issues and develop practical solutions. Advise internal clients on appropriate accounting treatment, particularly with respect to accounting for new and complex products and transactions, across both GAAP and non-GAAP / metric reporting perspective. Internal partners include shareholder relations, FP&A, business development, valuation, legal & compliance, and controllership.
- Provide structuring advice for new and complex products and transactions with emphasis on consolidation, financial instruments, revenue recognition, compensation and valuation.
- Lead cross-functional projects to design, and enhance and implement accounting policies, processes, and controls.
- Provide accounting and finance advice to deal teams and portfolio companies across all Blackstone businesses.
- Manage and develop a team of three; support talent development, hiring, and overall team planning.
- Monitor relevant US GAAP accounting standard setting at the Financial Accounting Standards Board, rule-making at the Securities and Exchange Commission (SEC), IFRS accounting standard setting at the International Accounting Standards Board and related interpretations from Big 4 accounting firms. Assess applicability to Blackstone and our portfolio companies and lead implementation of new standards, rules, or interpretations related to US GAAP and non-GAAP measures.
- Support firmwide compliance with SEC independence rules by coordinating with accounting firms, business units and portfolio companies, developing training materials, and designing policies and procedures.
Qualifications: - 10+ years of experience with a Big 4 accounting firm or a combination of Big 4 and industry experience, financial services industry experience preferred
- Deep technical accounting expertise and strong analytical skills
- Solution-oriented, creative thinker with strong critical thinking skills
- Excellent written and verbal communication skills
- Highly organized, reliable, detail-oriented, and strong judgment
- Positive attitude and strong work ethic; committed to continuous improvement.
- Comfortable operating in a fast-paced, dynamic environment
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:$140,000 - $250,000
Actual base salary within that range will be determined by several components including but not limited to the individual's 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.
Additional compensation and benefits offered in connection with the role consist of comprehensive health benefits, including but not limited to medical, dental, vision, and FSA benefits; paid time off; life insurance; 401(k) plan; and discretionary bonuses. Certain employees may also be eligible for equity and other incentive compensation at Blackstone's sole discretion.
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 contact Human Resources at 212-583-5000 (US), +44 (0)20 7451 4000 (EMEA) or +852 3656 8600 (APAC).
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.
