Expense and Treasury Finance, Vice President

The Blackstone Group L.P.; New York (NY); On-site; USD 150,000 - 250,000; Full time

Benefits offered by this job

Comprehensive health benefits

Paid time off

401(k) plan

Discretionary bonuses

Job summary

The Blackstone Group L.P. seeks a Vice President for its Expense and Treasury Accounting team in New York. This leader will supervise treasury accounting activities, focusing on operational efficiency and process improvements. Responsibilities include managing reporting, compliance, and internal controls. Candidates should have over 12 years of relevant experience, a CPA designation, and strong leadership skills. The position offers an annual salary between $150,000 and $250,000, alongside comprehensive benefits including health insurance and discretionary bonuses.

Qualifications

• 12+ years of treasury accounting, expense accounting, or relevant industry experience.
• Strong knowledge of U.S. GAAP and SEC reporting requirements.
• Public accounting experience required.

Responsibilities

• Lead and develop a high-performing team responsible for treasury accounting activities.
• Oversee accounting and reporting for treasury activities.
• Manage SOX compliance and design of internal controls related to treasury processes.

Skills

Leadership skills

Knowledge of U.S. GAAP

Financial reporting

Attention to detail

Interpersonal skills

Education

CPA

Relevant industry experience

Job description

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 . Follow @blackstone on , , and .The Expense and Treasury Finance Accounting team is part of the Corporate Accounting organization and is responsible for the accounting and financial reporting of Blackstone Treasury’s investing, funding, liquidity, hedging, and intercompany activities. The team partners broadly across the firm on matters including financial planning and analysis, reconciliations, complex transactions, SEC and regulatory disclosures, hedge accounting, financial instrument valuation, and investment portfolio reporting. In addition, the team manages the firm’s expense allocation framework and lease accounting processes. Through close collaboration with key stakeholders across Finance and the business units, the team drives strategic innovation and develops reporting and workflow solutions by leveraging technology and external vendors to improve efficiency, transparency, and data integrity. Interaction with other finance groups is extensive as part of day‐to‐day operations as well as key strategic initiatives.Opportunity Details & ResponsibilitiesThe Vice President will serve as a senior leader within the Expense and Treasury Accounting team and will be responsible for:* Leading, coaching, and developing a high‐performing team responsible for treasury and expense accounting activities.* Identifying operational efficiencies and driving process enhancements, while partnering with Technology teams to implement scalable solutions that streamline processes and improve data integrity.* Overseeing accounting and reporting for treasury activities including investments, funding structures, liquidity management, hedging activities, and intercompany arrangements.* Managing external and internal management reporting related to treasury and expense activities, ensuring accuracy and timely delivery.* Enhancing, developing, and maintaining the accounting module of the Treasury Management System, including driving greater transparency and process improvements.* Partnering with FP&A to support P&L forecasting, variance analysis, and financial insights related to treasury and expense activity.* Collaborating with business units and finance partners to ensure accuracy of underlying data, effective operational coordination, and timely settlements.* Overseeing complex treasury arrangements and ensuring accurate accounting, reporting, and transparency of associated exposures.* Liaising with internal and external auditors to support the completion of stand‐alone financial statements and related audit requirements.* Managing SOX compliance and overseeing the design and effectiveness of internal controls related to treasury and expense processes.* Managing foreign exchange risk and the corporate hedging program for applicable entities.* Ensuring strong financial controls, including timely reconciliation of cash accounts and settlement of intercompany balances.Desired Skill Sets & Traits* 12+ years of treasury accounting, expense accounting, or relevant industry experience.* CPA required.* Public accounting experience required.* Strong leadership skills with experience coaching and developing high‐performing teams.* Strong knowledge of U.S. GAAP, including accounting and SEC reporting requirements for investments and financial instruments.* Experience preparing financial schedules and supporting materials for SEC filings.* Broad knowledge of U.S. market practices and financial products across fixed income, equities, and derivatives.* Knowledge of foreign exchange hedging strategies and related accounting considerations.* Self‐starter with strong intellectual curiosity, a solution‐oriented mindset, and a focus on continuous process improvement.* Exceptional attention to detail, strong organizational skills, and the ability to manage multiple priorities in a fast‐paced environment.* Strong interpersonal and communication skills, with the ability to collaborate effectively and influence across teams and stakeholders.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:**$150,000 - $250,000Actual 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), [phone] (EMEA) or [phone] (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.