Global Fund Accounting AVP- Blackstone Credit & Insurance (BXCI)

Blackstone; Summit (NJ); On-site; USD 125,000 - 200,000; Full time

Job summary

A leading company in alternative asset management seeks a Global Fund Accounting AVP to oversee critical financial processes. The role involves significant responsibility, from managing NAV reconciliations to overseeing capital calls and regulatory reporting. Ideal candidates will possess advanced Excel skills and CPA credentials, along with extensive experience in public accounting.

Qualifications

• Commitment to excellence in work product.
• Strong experience in public accounting and asset management is vital.

Responsibilities

• Overseeing quarterly NAV and portfolio reconciliation process.
• Preparing and reviewing capital calls and distributions allocations.
• Calculating management fee, distributions, and IRR.

Skills

Advanced Excel skills

Time management skills

Independent worker

Education

CPA preferred

3+ years of public accounting / private equity experience

Job description

Global Fund Accounting AVP- Blackstone Credit & Insurance (BXCI)

Join to apply for the Global Fund Accounting AVP- Blackstone Credit & Insurance (BXCI) role at Blackstone

Global Fund Accounting AVP- Blackstone Credit & Insurance (BXCI)

1 month ago Be among the first 25 applicants

Join to apply for the Global Fund Accounting AVP- Blackstone Credit & Insurance (BXCI) role at Blackstone

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.

Responsibilities:

• Overseeing quarterly NAV and portfolio reconciliation process; investigating and resolving discrepancies with Investran and internal operations teams.
• Preparing and reviewing capital calls and distributions allocations
• Calculating management fee, distributions, waterfall allocations, and IRR
• Preparing and reviewing expense allocations and payments
• Monitoring expenses and preparing budgets
• Reviewing financial statements and regulatory reporting
• Maintaining information and reconciling loan investments and debt financings in Investran to loan tracking models
• Preparing and reviewing fund forecasts, performance estimates, attributions, and other ad-hoc projects
• Overseeing the calculations and managing wire payments for various firm revenues, including management fees and incentive fees
• Reviewing fund legal documents and assisting in building processes and templates for new fund launches
• Liaising with the Investment and Operation teams to review and enhance internal and investor reporting
• Assisting in review of investor statements, quarterly investment letters, and internal reporting
• Maintaining accounting related data (capital, expenses, P&L) in internal systems
• Coordinating with external auditors for the year-end audit process
• Overseeing and reviewing the work of the offshore team and various administrators
  
  

Qualifications:

• Advanced Excel skills required
• 3+ years of public accounting / private equity experience, preferably public accounting and asset management
• CPA preferred
• Commitment to excellence in work product
• Strong time management skills
• Independent worker/ self-starter
  
  

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:

$125,000 - $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: Base salary does not include other forms of compensation or benefits offered in connection with the advertised role.

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 email Human Resources at [e-mail].

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.

Seniority level

• Seniority level

  Executive

Employment type

• Employment type

  Full-time

Job function

• Job function

  Accounting/Auditing and Finance

Referrals increase your chances of interviewing at Blackstone by 2x

Get notified about new Accounting Assistant jobs in Summit, NJ.

New York City Metropolitan Area 1 week ago

New Brunswick, NJ $57,356.00-$65,959.00 1 week ago

Fairfield, NJ $55,000.00-$75,000.00 1 day ago

Staff Accountant II, Consolidations and Reporting

Whippany, NJ $77,000.00-$95,000.00 2 days ago

New York, NY $65,000.00-$75,000.00 1 week ago

Summit, NJ $70,000.00-$80,000.00 3 months ago

New York City Metropolitan Area $60,000.00-$65,000.00 1 week ago

New York City Metropolitan Area 2 weeks ago

New York City Metropolitan Area 2 weeks ago

Whippany, NJ $52,000.00-$62,000.00 1 week ago

New York City Metropolitan Area $70,000.00-$80,000.00 3 weeks ago

Chatham, NJ $70,000.00-$80,000.00 1 week ago

New York City Metropolitan Area 5 days ago

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.