Global Fund Finance - Associate - Infrastructure & Asset-Based Credit

Blackstone; New York (NY); On-site; USD 105,000 - 150,000; Full time

Job summary

A leading company in alternative asset management is seeking a Global Fund Finance Associate to join their team in New York. The role involves preparing financial reconciliations, managing investor capital calls, and collaborating with various internal teams. Ideal candidates will have a strong background in accounting or finance, with advanced Excel skills and a commitment to detail and accuracy.

Qualifications

• 3+ years of public/private accounting experience.
• Experience with credit products preferred.
• Proactive self-starter with a strong work ethic.

Responsibilities

• Prepare monthly/quarterly portfolio reconciliation.
• Review third-party fund administrator processes.
• Prepare and analyze portfolio and performance metrics.

Skills

Attention to detail

Communication skills

Team collaboration

Time management

Education

BS in Accounting or Finance

CPA license

Tools

Advanced Excel

Job description

Global Fund Finance - Associate - Infrastructure & Asset-Based Credit

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Global Fund Finance - Associate - Infrastructure & Asset-Based Credit

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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.

• Prepare the monthly/quarterly portfolio reconciliation process for our separately managed accounts; investigate and resolve discrepancies with internal teams
• Review the third-party fund administrator in the quarterly NAV and review capital account statement process
• Prepare recurring investor capital calls as well as the calculation and payment of management fees
• Review the audited financial statement process with our external administrator and auditor
• Prepare and review expense allocations, operating expense budgets, vendor expense payments, and monitor budgeted versus actual expenses
• Prepare and analyze portfolio and performance metrics such as total return/IRR, P&L, and other analyses for senior management
• Assist in responding to client and internal requests including Blackstone reporting deliverables
• Coordinate with internal/external Technology resources to automate recurring deliverables and optimize efficiencies
• Ensure information is properly presented in regulatory filings such as Form ADV
• Liaise with various internal teams including Investor Relations, Operations, Management Reporting, and Legal and Compliance
• Collaborate with and oversee offshore resources to ensure accurate and timely preparation of files and provide additional training when needed
• Review fund/deal documents/structures and assist in the setup of new products, managed accounts, and/or funds
  
  

Qualifications:

• BS (or above) in Accounting or Finance is required
• CPA license is preferred
• 3+ years of public/private accounting experience
• Experience with credit products (loans, CLOs, bonds, revolvers, delayed draws) and Fund of Funds is preferred
• Advanced Excel skills required
• Outstanding attention to detail and accuracy, including commitment to excellence in work product
• Strong desire to learn and be a collaborative team member
• Proactive self-starter
• Possesses a strong work ethic, professional integrity, and a positive attitude
• Effective interpersonal and communication skills, both written and verbal
• Highly organized with strong time management and multi-tasking skills
  
  

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:

$105,000 - $150,000

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

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

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