Perpetual Finance - Fund Accountant - Assistant Vice President

The Blackstone Group L.P.; New York (NY); On-site; USD 125,000 - 200,000; Full time

Job summary

An established industry player is seeking a dedicated Fund Accountant - Assistant Vice President to manage fund accounting and reporting for core real estate funds. This role involves liaising with third-party fund administrators, ensuring compliance with financial regulations, and collaborating with various internal teams. The ideal candidate will have a strong background in accounting or finance, with a preference for CPA certification and experience in the real estate sector. Join a dynamic team where your expertise will contribute to significant financial deliverables and compliance efforts, making a lasting impact in a fast-paced environment.

Qualifications

• 6+ years of experience in audit, fund, or administrator roles.
• Strong knowledge of investment company accounting and performance metrics.

Responsibilities

• Manage fund accounting and reporting for core real estate funds.
• Coordinate with internal teams and external auditors for compliance.

Skills

Fund Accounting

Financial Reporting

Audit Experience

Collaboration

Investment Company Accounting

Knowledge of Performance Metrics

Strong Work Ethic

Professional Integrity

Dynamic Environment Adaptability

Education

Bachelor's in Accounting or Finance

CPA Certification

Job description

Perpetual Finance - Fund Accountant - Assistant Vice President

Perpetual Finance - Fund Accountant - Assistant Vice President

Apply locations New York time type Full time posted on Posted 2 Days Ago job requisition id 36612

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, Twitter, and Instagram.

Job Title: Perpetual Finance Fund Accountant – Assistant Vice President

Job Description:

• Responsible for day-to-day activities related to the fund accounting and reporting of open-ended core real estate funds administered both externally and internally.
• Liaise with third-party fund administrators regarding items including but not limited to cash, capital allocations, accruals and expense budgeting, financial statements, capital call drawdown notices, distributions, redemptions, and ad-hoc investor requests.
• Review quarterly estimate and final fund NAVs.
• Responsible for calculation of waterfall and incentive models.
• Manage the expense process and compliance with fund LPAs and firm policies.
• Responsible for financial deliverables associated with BX quarterly close.
• Responsible for production of quarterly and annual fund partnerships’ GAAP financial statements.
• Coordinate with external auditors for annual audit.
• Review quarterly and annual financial regulatory reporting.
• Coordinate with internal audit to ensure SOX compliance.
• Collaborate with multiple internal teams including Tax, Acquisitions, Portfolio Management, Asset Management, Legal & Compliance, Investor Client Services, FP&A, Technology, and Treasury.
• Responsible for management of offshore team.

Qualifications:

• BS (or above) in accounting or finance.
• CPA preferred.
• 6+ years of audit, fund or administrator experience.
• Experience with open-ended funds and the real estate industry is preferred.
• Investment company accounting knowledge.
• Knowledge of common industry performance metrics required.
• A collaborative team player, always willing to assist colleagues.
• Possess a strong work ethic and professional integrity.
• Ability to work in a dynamic, fast-paced environment.

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.

If you need a reasonable accommodation to complete your application, please email Human Resources at [e-mail].