Current jobs related to Assistant Vice President - Lakehurst, New Jersey - The Blackstone Group

Company Overview

The Blackstone Group is a leading global alternative asset manager dedicated to generating positive economic impact and long-term value for our investors, the companies we invest in, and the communities we serve. Our extensive portfolio includes a diverse range of investment vehicles across various sectors, all aimed at solving complex challenges through exceptional talent and adaptable capital.

Position Overview

The Private Equity Finance - Operations team plays a crucial role in managing all facets of fund administration and investment operations for Blackstone's private equity funds. This team also provides essential support to private equity deal teams and internal marketing departments.

Key Areas of Interest:

• Investment Fund Management
• Fund Liquidity Management and Forecasting
• Technology & Process Enhancement
• Project Management

Core Responsibilities:

• Collaborate closely with deal teams, fund counsel, tax advisors, and portfolio company management on investment transactions.
• Oversee and project credit facility utilization, including subscription and NAV-based credit facilities.
• Manage the funds' credit lines and ensure compliance with borrowing base covenants.
• Forecast cash flow for portfolio companies and capital call requirements.
• Interpret Limited Partnership Agreements (LPAs).
• Partner with the technology team to enhance automation and reporting of manual processes.
• Supervise tasks assigned to junior teams both in New York and offshore.
• Monitor compliance with fund LPA restrictions and deal certificate requirements.
• Coordinate with internal and external counterparts on KYC/AML inquiries.
• Work alongside fund accountants to ensure accurate deal transaction data.
• Assist with special projects and ad hoc requests as necessary.

Ideal Candidate Profile:

• Bachelor's Degree in Accounting or Finance.
• CPA certification is preferred but not mandatory.
• 6+ years of experience in public accounting, private equity fund accounting, or operations.
• Strong technical modeling and analytical skills.
• Detail-oriented with excellent organizational abilities.
• Proficient in Microsoft Office Suite (Excel, Word, PowerPoint).
• A self-starter capable of working independently in a dynamic environment.
• Strong interpersonal skills to effectively communicate across various levels and functions.

Compensation:

The expected annual base salary range for this position is between $125,000 and $185,000, depending on experience, skills, and qualifications. Additional compensation may be provided in various forms, as per company policy.

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 status, sexual orientation, gender identity or expression, disability, genetic predisposition, veteran status, or any other class or status in accordance with applicable laws.

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