Blackstone’s Global Fund Finance is seeking an Assistant Vice President to assist in the production of monthly Net Asset Values and reporting for the Hedge Fund Solutions platform.  Responsibilities include calculations of estimated NAVs, reconciliation of final NAVs, processing of investor payments, oversight of expense budgeting, hedging and cash reconciliations, certain client reporting functions, and fund structuring and restructuring.  

Responsibilities:

• Review monthly estimate and final Fund NAV’s
• Review and analyze NAV reconciliations with various third party administrators and custodians
• Review and reconcile the calculation of pay management and performance fees
• Review and reconcile client capital statements generated by third party administrators
• Review and reconcile fund foreign currency exposure and coordinate hedging
• Assist and coordinate team members in responding to client requests
• Review customized client reporting including calculation of time weighted returns and IRRs
• Review monthly revenue reporting and assist in review of projections
• Assist in the setup and launch of new products and Funds
• Review cash flow analysis reporting to support the investment process
• Review capital call and distribution calculations and review investor notices
• Collaborate with offshore resources with NAV production
• Collaborate with Operations teams including Middle Office, Pricing, Financial Reporting, Management Reporting, Legal and Compliance, and Regulatory Reporting
• Utilize technology and outsourced solutions to enhance efficiencies and controls
• Oversee service providers to achieve superior service
• Work with reporting teams to properly present data in audited financial statements and regulatory filings
• Review legal documents for fund accounting process considerations

Qualifications:

• BS (or above) in Accounting or Finance
• 6+ years of public or private accounting experience
• CPA, and/or CFA preferred
• Experience with PE, hedge fund and/or FoHF investing
• Strong understanding of accounting ledger data
• Accounting systems experience strongly preferred
• Strong Excel skills
• Excellent analytical and communication skills
• Able to multi-task and effectively manage own time
• A collaborative team player, always willing to assist colleagues

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:

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.