Global Fund Finance Associate

1 week ago


Jersey City, New Jersey, United States The Blackstone Group Full time
Job Title: Global Fund Finance Associate

The Global Fund Finance Associate will be responsible for providing financial and accounting support to the Private Equity team at The Blackstone Group. This role will involve working closely with the front office professionals to ensure accurate and timely financial reporting, as well as providing support for investor relations and business development initiatives.

Key Responsibilities:
  • Assist with reviewing daily cash and investment activity
  • Monitor and report on credit facility activity
  • Prepare capital drawdowns and distributions
  • Review waterfall calculations and management fee calculations
  • Prepare quarterly and audited annual reports
  • Assist with reviewing quarterly capital account statements
  • Work with technology teams to improve system functionality
  • Liaise with investors and read and interpret LPAs
  • Assist with onboarding of new funds and work with internal valuation team
  • Work with Tax compliance to ensure accurate Investor reporting
  • Review fund external compliance deliverables
  • Assist with special projects and internal ad hoc requests
Qualifications:
  • Bachelor's degree in Accounting
  • CPA (preferred, not required)
  • 5+ years of related experience in public accounting and/or private equity fund administration
  • Strong technical accounting skills and analytical skills
  • Ability to work in a fast-paced professional environment and handle multiple projects and deadlines
  • Ability to build relationships and communicate effectively across multiple levels, functions, and locations
  • Effectively work and communicate with members of the team to ensure established deadlines are being met
  • Desire to implement process improvement opportunities
  • Microsoft Office (Excel, Word, and PowerPoint)
  • A self-starter with the ability to work autonomously
  • Investran knowledge (preferred, not required)
Compensation:

The expected annual base salary range for this role is $115,000 - $185,000. 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.

Additional compensation may include other forms of compensation or benefits offered in connection with the advertised role.

Equal Employment Opportunity:

The Blackstone Group 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.



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