Alternative Asset Management

2 weeks ago


Doral, Florida, United States Blackstone Restaurant Full time
Company Overview
Blackstone is recognized as the leading alternative asset manager globally. We are dedicated to fostering positive economic impacts and generating long-term value for our investors, the businesses we support, and the communities we engage with.

Our Mission
Our approach involves leveraging exceptional talent and adaptable capital to assist companies in overcoming challenges. With a robust portfolio of $1 trillion in assets under management, we offer a diverse range of investment vehicles, including private equity, real estate, public debt and equity, infrastructure, life sciences, growth equity, opportunistic investments, non-investment grade credit, real assets, and secondary funds, all on a worldwide scale.

Key Responsibilities
  • Conduct daily and monthly evaluations of fund NAVs, both estimates and final figures.
  • Perform reconciliations of NAVs with various external administrators.
  • Analyze fund performance metrics and investor allocation distributions.
  • Ensure accurate processing of client capital activities and related financial transactions.
  • Review and reconcile client capital statements produced by third-party administrators.
  • Collaborate with offshore teams to guarantee precise and timely preparation of initial NAV reviews and reconciliation documentation.
  • Oversee the calculation of management and performance fees in accordance with the governing documents of the funds.
  • Conduct daily assessments of portfolio valuations, performance metrics, and deal flow activities.
  • Evaluate cash availability to facilitate the investment process.
  • Review annual financial reports, investor communications, LP distribution, and capital call notifications.
  • Generate tailored client reports.
  • Assist in initiatives aimed at streamlining the review and reporting of various performance analytics.
  • Support the establishment and launch of new products and funds.
  • Liaise with Finance and Operations teams, including Middle Office, Pricing, Financial Reporting, Management Reporting, Legal, and Compliance.
  • Assist team members in addressing client and internal inquiries.
  • Contribute to the design and testing of system enhancements.

Qualifications
  • Bachelor's degree or higher in Accounting or Finance.
  • Minimum of 1 year of experience in fund management, auditing, or administration.
  • Familiarity with private equity and/or hedge fund operations.
  • CPA certification is preferred.
  • Experience in the financial services sector is advantageous.
  • Proficient in Excel and other accounting software.
  • Strong analytical and communication skills.
  • Able to manage multiple tasks and prioritize effectively.
  • A collaborative team player, eager to support colleagues.

Additional Information
The responsibilities outlined above are not exhaustive, and additional tasks may be assigned as necessary. The duties and responsibilities associated with this position may be modified at any time at the discretion of Blackstone.

Compensation
The expected annual base salary range for this position is $90,000 - $125,000. Actual compensation will be determined based on various factors, including individual experience, skills, qualifications, and job location. For positions outside the US, please note that different compensation processes may apply.

Equal Employment Opportunity
Blackstone is committed to providing equal employment opportunities to all employees and applicants 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, or any other class or status in accordance with applicable laws.

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