Fund Accounting Manager: NAV, FX & Reporting Lead

Financeroles; Ohio; On-site; USD 115,000 - 185,000; Full time

Benefits offered by this job

Health benefits

Paid time off

401(k) plan

Discretionary bonuses

Equity opportunities

Job summary

Blackstone’s Global Fund Finance team seeks a Fund Accounting Manager to help support growth and ensure accurate NAV calculations, robust reconciliations, and effective client reporting.

The role collaborates with offshore resources and internal operations to process investor payments, manage hedging, and launch new Funds, while upholding regulatory standards and high-quality service.

Qualifications

• BS (or above) in Accounting or Finance.
• 6+ years of fund, audit, or administrator experience / 6+ years of public or private accounting experience.
• Experience in private equity and/or hedge funds and/or audit preferred.
• CPA preferred; Audit experience is preferred.
• Strong Excel skills preferred.
• Excellent analytical, technical, and communication skills.
• Able to multi-task and effectively manage their own time.

Responsibilities

• Calculate and review monthly estimate and final Fund NAVs; analyze NAV reconciliations with third-party administrators and custodians.
• Review and reconcile the calculation of and 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 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 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.
• Process investor payments.
• Utilize technology and outsourced solutions to enhance efficiencies and controls.
• Oversee service providers to achieve superior service.
• Oversee expense budgeting, hedging and cash reconciliation, certain client reporting functions, and fund structuring and restructuring.
• Work with reporting teams to present data in audited financial statements and regulatory filings.
• Review legal documents for fund accounting process considerations.

Skills

Fund accounting

Financial analysis

Excel

Education

Bachelor's degree in Accounting or Finance

Job description

Blackstone’s Global Fund Finance team seeks a Fund Accounting Manager to help support growth and ensure accurate NAV calculations, robust reconciliations, and effective client reporting.

The role collaborates with offshore resources and internal operations to process investor payments, manage hedging, and launch new Funds, while upholding regulatory standards and high-quality service.