Strategic Incentives Group - Global Equity, Associate

The Blackstone Group L.P.; New York (NY); On-site; USD 105,000 - 140,000; Full time

Benefits offered by this job

Health benefits

Paid time off

Life insurance

401(k) plan

Discretionary bonuses

Job summary

Blackstone seeks a professional to join the Global Equity Team to value and execute equity compensation awards for professionals across the firm. You will generate monthly and quarterly reporting and support payroll, tax, and FP&A with equity deliveries and analyses.

The role involves partnering with Global Compensation and HR, building dynamic financial models, and contributing to process improvements in a fast-paced environment.

Qualifications

• Bachelor's degree in accounting or finance is required.
• Strong verbal and written communication skills.
• Excellent attention to detail and analytical mindset.
• Motivation to work in a collaborative, dynamic team environment.

Responsibilities

• Value and execute new hire equity compensation awards.
• Perform ad hoc analyses related to equity holdings.
• Generate monthly and quarterly equity reporting for participants and management.
• Collaborate with Payroll and Tax on equity deliveries across jurisdictions.

Skills

Verbal communication

Written communication

Attention to detail

Problem solving

Team player

Proactive approach

Independent work

Education

Bachelor's degree in accounting or finance

Job description

Blackstone is the world’s largest alternative asset manager. Blackstone seeks to deliver compelling returns for institutional and individual investors by strengthening the companies in which the firm invests. Blackstone’s over $1.3 trillion in assets under management include global investment strategies focused on real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries and hedge funds. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, X (Twitter), and Instagram.

The Global Equity Team is responsible for the administration, operations, and reporting for the firm’s equity-based compensation program. In partnership with the Global Compensation Management team, HR business partners and the business managers, the team helps determine equity-based compensation awards for professionals across the firm. This group is responsible for managing the daily operations associated with managing the program and for paying distributions to unitholders in connection with the release of the firm’s quarterly earnings. The team forecasts and records the equity-based comp expense and performs ad hoc reporting associated with equity holdings and coordinates with Finance to deliver financial reporting on impact to the firm.

Partner with the Global Compensation Team and HR Business Partners to value and execute new hire equity compensation awards Perform detailed ad hoc analyses related to individual and firm-wide equity holdings Assist with daily operations regarding administration of the firm's equity plan Generate monthly and quarterly reporting for equity participants and management teams as well as individual inquiries Assist team members with SIG and Blackstone initiatives related to technology, reporting, and process improvement Provide monthly forecasts to Tax and FP&A and work with management on equity-based compensation reporting Collaborate with Payroll and Tax on the review and execution of equity deliveries across reporting jurisdictions Build and maintain dynamic financial models to assist in forecasting of distributions and share deliveries Assist in enhancing reporting processes, analytics and operations Perform strategic analyses and special projects, and execute group initiatives

Qualifications: Bachelor's degree in accounting or finance 4+ years of work experience Strong academic achievement Strong verbal and written communication skills A desire to work in a team environment with dynamic roles Motivation to find solutions independently, and humility to acknowledge limits and uncertainties Sincere commitment to professional development Excellent attention to detail Intellectual curiosity Good judgment Strong work ethic and a proactive approach to tasks

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 - $140,000 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 and benefits offered in connection with the role consist of comprehensive health benefits, including but not limited to medical, dental, vision, and FSA benefits; paid time off; life insurance; 401(k) plan; and discretionary bonuses. Certain employees may also be eligible for equity and other incentive compensation at Blackstone’s sole discretion.

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.

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.

At Blackstone, we look to attract and retain the brightest minds in the business, hiring professionals across a wide range of disciplines. Our employees are integral to the firm’s identity, contributing to a culture of integrity, professionalism and excellence. It is their dedication and passion for their work that has helped Blackstone become a trusted partner for some of the largest institutional investors in the world. We encourage independent thinking and reward initiative, while providing services to help employees grow professionally. Our global business platform and brand reputation provide an unparalleled launch pad for growing your career.