Fund Accounting - Associate - Blackstone Real Estate Drawdowns Residential

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 $1.1 trillion 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 www.blackstone.com. Follow @blackstone on LinkedIn, Twitter, and Instagram.
 

• Responsibilities:

• Performing the reconciliation and close process for Blackstone investment vehicles that invest directly in residential mortgage loans and residential mortgage-backed securities
• Overseeing the monthly/quarterly NAV process, investigating and resolving discrepancies with administrators, reviewing the work of an offshore team, and liaising with various internal teams to review and enhance internal and external reporting 
• Preparing and/or reviewing expense allocations and payments
• Preparing and/or reviewing capital calls and distribution
• Maintaining accounting related data (capital, expenses, P&L) in internal systems
• Coordinating debt service payments on financing facilities
• Preparing and/or reviewing fund forecasts, performance summaries, attributions and other ad-hoc projects
• Assisting in the preparation of investor statements, financial statements, regulatory reporting, and internal reporting
• Coordinating with external auditors for the year-end audit process
• Developing and enhancing internal systems and processes to support the growing residential mortgage investment business

• Qualifications:                  

• 4 years of public accounting, fund, or administrator experience
• BS (or above) in Accounting or Finance
• CPA preferred
• Outstanding attention to detail and accuracy, including commitment to excellence in work product
• Strong desire to learn and collaborative team player
• Independent worker / proactive self-starter
• Highly organized
• Possesses a strong work ethic, personal and professional integrity, and a positive attitude
• Effective interpersonal and communication skills, both written and verbal
• Strong time management and multi-tasking skills
• Advanced Excel skills required

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:

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, 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.

If you need a reasonable accommodation to complete your application, please email Human Resources at HR-Recruiting-Americas@Blackstone.com.

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.  Please speak with your Blackstone Recruiting contact with any questions.

To submit your application please complete the form below. Fields marked with a red asterisk * must be completed to be considered for employment (although some can be answered "prefer not to say"). Failure to provide this information may compromise the follow-up of your application. When you have finished click Submit at the bottom of this form.

Salary : $105,000 - $140,000