VP Finance — Private Real Estate Credit

Blackstone; Berkeley Heights (NJ); On-site; USD 150,000 - 250,000; Full time

Benefits offered by this job

Health benefits

Paid time off

Life insurance

401(k)

Discretionary bonuses

Equity and other incentive comp

Job summary

Blackstone Private Real Estate Credit and Income Fund (BREC) Finance is seeking a Vice President to lead accounting, finance, and investor reporting for a private BDC and ’40 Act fund. The role oversees monthly NAVs, quarterly/annual reporting, and audits, partnering with portfolio management, legal, and operations.

The successful candidate will bring 10+ years in accounting/finance, US GAAP expertise, and strong leadership skills to develop junior professionals and drive timely, investor‑ready

Qualifications

• Bachelor’s degree in Accounting or Finance; CPA license preferred.
• 10+ years of relevant work experience (public/private accounting mix preferred).
• Experience in financial services, business development companies, investment management, lending, and/or real estate.
• Experience with SEC registrants, regulated investment vehicles, or comparable public-company reporting and control environments is strongly preferred.
• Strong knowledge of U.S. GAAP and experience researching and concluding on complex accounting and reporting matters.
• Experience overseeing monthly and quarterly closes, financial statement preparation, audits, internal controls, and third‑party service providers.
• Strong written and verbal communication skills, presents complex matters clearly to senior finance and non‑finance stakeholders.

Responsibilities

• Review accounting and financial reporting deliverables from and work directly with fund administrators, and other service providers to ensure accuracy, completeness, and conformity with applicable accounting standards and BREC policies.
• Lead and oversee the preparation and review of monthly NAV packages (including publication of monthly NAV per share to investors), quarterly and annual reporting, regulatory filings as applicable (such as quarterly 10-Qs/annual 10-K), and materials for BREC’s Audit Committee and Board of Directors.
• Understand new investments, financing arrangements, capital activity, and other transactions, and evaluate applicable accounting guidance.
• Partner with portfolio management, legal, compliance, treasury, and other internal stakeholders to monitor liquidity, maintain financial models, and support compliance with financial and regulatory covenants.
• Oversee the review of monthly subscription, distribution, and redemption activity prepared by the transfer agent, including related reconciliations and cash movements.
• Lead or support ad hoc financial analysis and cross‑functional projects for senior management, the Audit Committee, and the Board.
• Own the coordination of internal and external audit activities.
• Maintain an effective internal control environment (SOX compliant), including documentation, review controls, process improvements, and compliance with applicable regulatory requirements.
• Manage, coach, and develop junior team members; set priorities, review work product, and promote consistent execution across internal and offshore or third‑party resources.
• Drive process improvements, automation, and system implementations that strengthen controls, shorten reporting timelines, and improve data quality.

Skills

Strong analytical skills

Advanced Excel

Leadership and mentoring

Stakeholder management

Financial reporting accuracy

Education

Bachelor’s degree in Accounting or Finance

CPA license

Tools

Microsoft Excel

NAV packages

Job description

Blackstone Private Real Estate Credit and Income Fund (BREC) Finance is seeking a Vice President to lead accounting, finance, and investor reporting for a private BDC and ’40 Act fund. The role oversees monthly NAVs, quarterly/annual reporting, and audits, partnering with portfolio management, legal, and operations.

The successful candidate will bring 10+ years in accounting/finance, US GAAP expertise, and strong leadership skills to develop junior professionals and drive timely, investor‑ready