blackstone
Finance - Global Fund Finance - BXMA Direct Trading Associate
blackstone, Miami, Florida, us, 33222
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 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 .Blackstone’s Global Fund Finance is seeking an Associate to assist in the production of monthly Net Asset Values and reporting for the Hedge Fund Solutions platform. Responsibilities include calculations of estimated NAVs, reconciliation of final NAVs, processing of investor payments, oversight of expense budgeting, hedging and cash reconciliations, certain client reporting functions, and fund structuring and restructuring.Responsibilities:Review monthly estimate and final Fund NAVsReview and analyze NAV reconciliations with various third party administrators and custodiansReview and reconcile the calculation of pay management and performance feesReview and reconcile client capital statements generated by third party administratorsReview and reconcile fund foreign currency exposure and coordinate hedgingAssist and coordinate team members in responding to client requestsReview customized client reporting including calculation of time weighted returns and IRRsReview monthly revenue reporting and assist in review of projectionsAssist in the setup and launch of new products and FundsReview cash flow analysis reporting to support the investment processReview capital call and distribution calculations and review investor noticesCollaborate with offshore resources with NAV productionCollaborate with Operations teams including Middle Office, Pricing, Financial Reporting, Management Reporting, Legal and Compliance, and Regulatory Reporting.Utilize technology and outsourced solutions to enhance efficiencies and controlsOversee service providers to achieve superior serviceWork with reporting teams to properly present data in audited financial statements and regulatory filingsReview legal documents for fund accounting process considerationsQualifications:BS (or above) in Accounting or Finance4+ years of public or private accounting experienceCPA, and/or CFA preferredExperience with PE, hedge fund and / or FoHF investingStrong understanding of accounting ledger dataAccounting systems experience strongly preferredStrong Excel skillsExcellent analytical and communication skillsAble to multi-task and effectively manage their own timeA collaborative team player, always willing to assist colleaguesThe 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:
$105,000 - $140,000Actual 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;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.
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www.blackstone.com . Follow @blackstone on
LinkedIn ,
Twitter , and
Instagram .Blackstone’s Global Fund Finance is seeking an Associate to assist in the production of monthly Net Asset Values and reporting for the Hedge Fund Solutions platform. Responsibilities include calculations of estimated NAVs, reconciliation of final NAVs, processing of investor payments, oversight of expense budgeting, hedging and cash reconciliations, certain client reporting functions, and fund structuring and restructuring.Responsibilities:Review monthly estimate and final Fund NAVsReview and analyze NAV reconciliations with various third party administrators and custodiansReview and reconcile the calculation of pay management and performance feesReview and reconcile client capital statements generated by third party administratorsReview and reconcile fund foreign currency exposure and coordinate hedgingAssist and coordinate team members in responding to client requestsReview customized client reporting including calculation of time weighted returns and IRRsReview monthly revenue reporting and assist in review of projectionsAssist in the setup and launch of new products and FundsReview cash flow analysis reporting to support the investment processReview capital call and distribution calculations and review investor noticesCollaborate with offshore resources with NAV productionCollaborate with Operations teams including Middle Office, Pricing, Financial Reporting, Management Reporting, Legal and Compliance, and Regulatory Reporting.Utilize technology and outsourced solutions to enhance efficiencies and controlsOversee service providers to achieve superior serviceWork with reporting teams to properly present data in audited financial statements and regulatory filingsReview legal documents for fund accounting process considerationsQualifications:BS (or above) in Accounting or Finance4+ years of public or private accounting experienceCPA, and/or CFA preferredExperience with PE, hedge fund and / or FoHF investingStrong understanding of accounting ledger dataAccounting systems experience strongly preferredStrong Excel skillsExcellent analytical and communication skillsAble to multi-task and effectively manage their own timeA collaborative team player, always willing to assist colleaguesThe 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:
$105,000 - $140,000Actual 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;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.
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