Fund Accounting Associate, Blackstone Real Estate Partners (BREP)
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 $951 billion 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 Listedbuy.
com. Follow @blackstone on Linked In , Twitter , and Instagram. Position Description: This position will be involved in fund accounting, financial reporting and operations for Blackstone Real Estate Partners funds (" BREP" ) and its underlying investments. Specific Responsibilities: Responsible for the funds' quarterly close process and reporting to the public company Responsible for the funds' quarterly and annual GAAP financial statements Responsible for work paper supporting schedules for financial statement accounts Coordinate with both internal and external auditors with all aspects of the annual audit and SOX 404 compliant Responsible for maintaining and reviewing the waterfall data for management fee, contribution and distribution calculations Responsible for the preparation of investor management fee, contribution and distribution notices Work with Legal and Compliance team to ensure compliance with various fund policies and procedures Responsible for the prompt response to investors' requests Manage, train and develop staff in India to assist with accounting and operational work Assist with the testing and implementation of initiatives to improve and streamline fund accounting functions Qualifications: Blackstone seeks to hire individuals who are highly motivated, intelligent and have demonstrated excellence in prior endeavors.
4+ years of private equity experience with a Big 4 / national accounting firm or private equity fund Undergraduate degree in Accounting CPA or graduate degree preferred Proficient knowledge of Microsoft Office Suite (Excel, Word, Power Point) Strong analytical skills, detail oriented and highly organized Possesses a strong work ethic, personal and professional integrity, and a positive attitude Strong oral and written communication skills and ability to persuade Ability to work in a dynamic environment and handle multiple projects 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: $90,000 - $115,000 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, interaction, pregnancy, national origin, ancestry, citizenship status, age, marital or partnership status, interactionual orientation, gender identity or expression, disability, genetic predisposition, veteran or military status, status as a victim of domestic violence, a interaction offense or stalking, or any other class or status in accordance with applicable federal, state and local laws.
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If you need a reasonable accommodation to complete your application, please contact Human Resources at 212-583-xyz X (US), (phone) 7451 4000 (EMEA) or (phone) (APAC). 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.
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Location: Miami, FL