The Blackstone Group LP

Global Fund Finance - Blackstone Credit, Assistant Vice President

The Blackstone Group LP • $130K — $200K *
Miami, FL 33186In-Person
Finance & Insurance
5 - 7 years of experience
Reposted Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • 7+ years of relevant industry experience in public accounting or fund administration
  • Bachelor's degree in Accounting or Finance; advanced degree preferred
  • CPA or CFA designation is a plus
  • Understanding of credit products like loans and bonds preferred
  • Strong interpersonal, written, and verbal communication skills
  • Proactive self-starter with exceptional attention to detail
  • Advanced proficiency in Excel required

Responsibilities

  • Oversee NAV finalization and P&L reconciliation for various private funds
  • Review management and performance fee calculations as per fund documents
  • Manage capital calls and distributions, including notifications to investors
  • Approve client capital account statements from external administrators
  • Review annual financial statements and liaise with auditors for audits
  • Prepare performance reports and other custom client deliverables
  • Collaborate with internal teams across Operations, Investor Relations, and Compliance

Benefits

  • Comprehensive health benefits including medical, dental, and vision
  • Paid time off and life insurance
  • 401(k) plan participation
  • Discretionary bonuses and potential equity compensation
Full Job Description
  • Oversee the NAV finalization process, including P&L reconciliation and allocation to investors, for open-ended and closed-ended private funds trading a credit strategy; investigate and resolve discrepancies with third party fund administrators and internal teams
  • Review and reconcile the calculation and payment of management and performance fees in accordance with the funds' governing documents
  • Review capital calls and distributions allocations and notifications
  • Approve client capital account statements generated by third party administrators
  • Review annual audited financial statements and coordinate with external auditors for the year-end audit process
  • Prepare or review performance reporting, Blackstone reporting deliverables, and other ad hoc client or management requests
  • Prepare and/or review regulatory reporting, investor letters, and custom client reporting
  • Liaise with various internal teams including Operations, Investor Relations, Management Reporting, Tax, and Legal and Compliance
  • Oversee offshore and onshore resources to ensure accurate and timely preparation of files and provide additional training/professional development as needed
  • Approve expense allocations, operating expense budgets, and vendor expense payments
  • Review fund legal documents and continue to streamline or build processes and templates


Qualifications:
  • 7+ years of public accounting, fund, or administrator experience
  • BS (or above) in Accounting or Finance
  • CPA or CFA preferred
  • Experience with credit products (loans, CLOs, bonds, revolvers, delayed draws) is preferred
  • Possesses a strong work ethic, personal and professional integrity, a positive attitude and genuine passion for excellence
  • Ability to partner across teams, summarize issues, and develop recommendations or make decisions
  • Independent worker / proactive self-starter
  • Excellent interpersonal and communication skills, both written and verbal
  • Excellent attention to detail/accuracy and analytical skills
  • Ability to work in a dynamic, fast-paced environment and handle multiple projects
  • Strong time management and multi-tasking skills
  • Advanced Excel skills required


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:

$130,000 - $200,000

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.

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.

About The Blackstone Group LP

Blackstone Asia is a Strategic Intelligence, Integrated Operation Agency Services and Tech Venture Group, the Information Communication and Technology (ICT) company with strong focus on strategy, communication, digital campaign, social media marketing, cyber defence, and intelligence software development based in New York, USA and Jakarta, Indonesia.

The Blackstone Group LP Careers

Join the dynamic team at The Blackstone Group LP, a premier global investment and advisory firm. With a robust portfolio of businesses and investments, there has never been a more exciting time to explore job opportunities with us. As a leader in financial innovation and asset management, we offer a platform where skills meet challenge and excellence. Work You’ll Do At The Blackstone Group LP, you will be part of a culture that thrives on leadership, professional growth, and diversity training. Our team is composed of highly skilled professionals who lead the industry not just in financial acumen but in ethical leadership and innovative solutions. Here, your career will be fueled by continuous learning and growth opportunities, supported by our substantial resources and unique position in the marketplace. Join our market-leading team to help redefine industries through strategic investment and high-caliber advisory services. At The Blackstone Group LP, you will transform businesses and drive success in a landscape ripe for innovation. Be Part of a Great Team Working with The Blackstone Group LP means being part of a global network of professionals dedicated to maintaining and extending our leadership in the financial sector. Our team benefits from unparalleled capabilities, a commitment to diversity, and a culture that prioritizes teamwork and respect. Future-Proof Your Career Embark on a career path that lets your ambition soar. The Blackstone Group LP offers a myriad of job opportunities, from internships to full-time positions, each providing a unique chance to develop your skills. With our extensive training programs and mentorship offerings, you are equipped to succeed in today’s competitive job market and beyond. Explore Discover how The Blackstone Group LP leads the way in creating value for investors and businesses worldwide. From enhancing operational efficiency to pioneering new financial models, see how your work can contribute directly to our global success. The Blackstone Group LP Employment Experience Our commitment to innovation and growth extends to our hiring practices. We seek curious, driven, and versatile team players who are ready to take on challenges and make an impact. Explore our open positions that match your skills and interests. We look for individuals eager to drive their own career forward and who are ready to make significant contributions to the financial landscape. Stay Connected Join Our Team Search for job opportunities that align with your skills and career ambitions. At The Blackstone Group LP, we value curiosity, innovation, and efficiency. Browse our current openings and find out where you fit into our exceptional team. Keep Up to Date Stay informed with the latest insights from within The Blackstone Group LP and the broader financial world. Our careers blog offers tips, industry news, and professional development resources to help you stay ahead in your career. Job Alert Emails Customize your experience by subscribing to job alerts and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities waiting for you at The Blackstone Group LP. Join The Blackstone Group LP today and be part of a team that is shaping the future of the financial industry. Your journey towards a fulfilling and impactful career starts here.
Learn more about The Blackstone Group LP
Size
3,795 employees
Market Cap
$88.7 billion
Industry
Finance & Insurance
Net Income
$1 billion
Founded
1985
5 Year Trend
+34.4%
Revenue
$6.1 billion
NASDAQ
BX
* Ladders Estimates

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