Senior Finance Professional for BDC Investment Advisory Business

1 day ago


New York, New York, United States Blackstone Restaurant Full time

Blackstone is the world's largest alternative asset manager. Our mission is 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.
We have $1.1 trillion in assets under management, including 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 can be found at our website.
The Senior Finance AVP will be involved in accounting, finance and reporting activities for Blackstone's BDC investment advisory business. We manage two publicly traded BDCs: BXSL and BCRED.
Key Responsibilities:

  • Working directly with the third-party administrator to coordinate workflow and reviewing all accounting deliverables to ensure accuracy and conformity with applicable accounting standards
  • Assisting with preparation of monthly and quarterly reporting deliverables to Blackstone
  • Monitoring compliance with the SEC and IRS regulatory tests applicable to BDCs
  • Preparation and review of 10-Q and 10-K SEC filings
  • Working closely with the investment team with requests, including updating BDC financial model, liquidity management, PM reporting and various ad hoc requests
  • Providing oversight of the valuation process of the investment portfolio
  • Liaising with the Investment and Operation teams to review and enhance internal and investor reporting
  • Responding to ad hoc request from external investors including return calculations and performance summaries
  • Working with IR to prepare quarterly investor deck/earnings release
  • Preparing materials for BDC Board of Directors
  • Assisting with technology initiatives
  • Performing research on new accounting pronouncements and their impact to the financial statements
Requirements:
  • Undergraduate degree
  • 6+ years of professional work experience
  • Public or public/private accounting mix preferred
  • BDC Product Experience a plus (especially non-traded BDCs)
  • SEC reporting experience preferred
  • Alternative investment fund accounting experience required
  • CPA preferred
  • Strong awareness of internal business controls
  • Determined, self-motivated and proactive
  • Excellent interpersonal and communication skills
Salary:$137,300 - $195,000 depending on location and individual qualifications.
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