Full-Time

Global Fund Accounting AVP-Blackstone Credit & Insurance

Bxci

Posted on 5/14/2025

Blackstone

Blackstone

5,001-10,000 employees

Global leader in alternative asset management

Compensation Overview

$125k - $200k/yr

Mid, Senior

Jackson Township, NJ, USA

Category
Financial Accounting
Management Accounting
Accounting
Required Skills
Excel/Numbers/Sheets
Connection
Connection
Connection
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Requirements
  • Advanced Excel skills required
  • 3+ years of public accounting / private equity experience, preferably public accounting and asset management
  • CPA preferred
  • Commitment to excellence in work product
  • Strong time management skills
  • Independent worker/ self-starter
Responsibilities
  • Overseeing quarterly NAV and portfolio reconciliation process; investigating and resolving discrepancies with Investran and internal operations teams.
  • Preparing and reviewing capital calls and distributions allocations
  • Calculating management fee, distributions, waterfall allocations, and IRR
  • Preparing and reviewing expense allocations and payments
  • Monitoring expenses and preparing budgets
  • Reviewing financial statements and regulatory reporting
  • Maintaining information and reconciling loan investments and debt financings in Investran to loan tracking models
  • Preparing and reviewing fund forecasts, performance estimates, attributions, and other ad-hoc projects
  • Overseeing the calculations and managing wire payments for various firm revenues, including management fees and incentive fees
  • Reviewing fund legal documents and assisting in building processes and templates for new fund launches
  • Liaising with the Investment and Operation teams to review and enhance internal and investor reporting
  • Assisting in review of investor statements, quarterly investment letters, and internal reporting
  • Maintaining accounting related data (capital, expenses, P&L) in internal systems
  • Coordinating with external auditors for the year-end audit process
  • Overseeing and reviewing the work of the offshore team and various administrators
Desired Qualifications
  • CPA preferred

Blackstone is a leader in alternative asset management, focusing on private equity, real estate, and credit investments. The firm manages over $1.1 trillion in assets and partners with financial advisors to provide access to private markets, aiming to create strong businesses that deliver lasting value. Its main products, BREIT and BCRED, cater to income-focused investors, while the On-Demand Continuing Education Program helps educate investors on private market topics. Blackstone's goal is to identify economic trends and invest in leading businesses to generate returns.

Company Size

5,001-10,000

Company Stage

IPO

Headquarters

New York City, New York

Founded

1985

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for AI infrastructure boosts investments in data centers like Colovore.
  • Acquisition of Aon Hewitt's platform enhances technology integration in HR services.
  • Investment in AGS Airports supports growth in UK travel and tourism sector.

What critics are saying

  • Competition in AI data centers may challenge Blackstone's partnership with Colovore.
  • Potential overvaluation in mobile gaming could impact Blackstone's tech investment strategies.
  • Regulatory scrutiny in European real estate may affect Blackstone's luxury retail investments.

What makes Blackstone unique

  • Blackstone is a global leader in alternative asset management with $1.1 trillion AUM.
  • The firm specializes in private equity, real estate, and credit investments.
  • Blackstone partners with financial advisors to provide access to private markets.

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Benefits

Professional Development Budget

Flexible Work Hours

Remote Work Options

401(k) Company Match

Paid Vacation

Mental Health Support

Wellness Program

Paid Sick Leave

Paid Holidays

Employee Discounts

Company Social Events

Company News

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