Private Equity Finance & Fund Operations Associate

The Blackstone Group L.P.; New York (NY); Hybrid; USD 110,000 - 150,000; Full time

Job summary

The Blackstone Group L.P. is seeking an Investment Operations professional for Private Equity retail funds.

The role collaborates with deal teams, fund counsel, tax advisors, and portfolio company management to support transactions and fund reporting. Responsibilities include coordinating with fund accountants on GAAP financial statements, managing cash flow and liquidity forecasting, and ensuring compliance with LPAs and fund covenants.

Qualifications

• Bachelor’s degree in Accounting or Finance.
• 3+ years of public accounting, private equity fund accounting, or private equity fund operations experience.
• Strong technical accounting, analytical and organizational skills.

Responsibilities

• Work closely with deal teams, fund counsel, tax advisors and portfolio company management on investment transactions.
• Liaise with fund accountants on deal transaction accounting for GAAP F/S.
• Manage investment closing/sale funds flow alongside the deal teams.
• Oversee junior NY or offshore teams and allocate responsibilities.
• Prepare internal reporting to COO, CFO, Head of Finance, and Portfolio Management on fund metrics.
• Monitor fund cash and liquidity through forecasting and capital deployments.

Skills

Technical accounting

Analytical skills

Organizational skills

Detail-oriented

MS Office

PowerPoint

Word

Education

Bachelor's degree in Accounting or Finance

Tools

Microsoft Excel

Microsoft Word

Microsoft PowerPoint

Job description

The Blackstone Group L.P. is seeking an Investment Operations professional for Private Equity retail funds.

The role collaborates with deal teams, fund counsel, tax advisors, and portfolio company management to support transactions and fund reporting. Responsibilities include coordinating with fund accountants on GAAP financial statements, managing cash flow and liquidity forecasting, and ensuring compliance with LPAs and fund covenants.