Fund Accounting Manager

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 $ 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 . Follow @blackstone on  ,  , and  .

Job Description :

Blackstone’s Global Fund Finance team is seeking a Fund Accounting Manager to join the team in support of business growth.

Responsibilities :

• Calculate and review monthly estimate and final Fund NAV’s, analyze NAV reconciliations with various third-party administrators and custodians
• Review and reconcile the calculation of and pay management and performance fees
• Review and reconcile client capital statements generated by third-party administrators
• Review and reconcile fund foreign currency exposure and coordinate hedging
• Assist and coordinate team members in responding to client requests
• Review customized client reporting including calculation of time weighted returns and IRRs
• Review monthly revenue reporting and assist in review of projections
• Assist in the setup and launch of new products and Funds
• Review cash flow analysis reporting to support the investment process
• Review capital call and distribution calculations and review investor notices
• Collaborate with offshore resources with NAV production
• Collaborate with Operations teams including Middle Office, Pricing, Financial Reporting, Management Reporting, Legal and Compliance, and Regulatory Reporting
• Process investor payments
• Utilize technology and outsourced solutions to enhance efficiencies and controls
• Oversee service providers to achieve superior service
• Oversee expense budgeting, hedging and cash reconciliation, certain client reporting functions, and fund structuring and restructuring
• Work with reporting teams to properly present data in audited financial statements and regulatory filings
• Review legal documents for fund accounting process considerations

Qualifications :

Blackstone seeks to hire individuals who are highly motivated, proactive, intelligent, and have demonstrated excellence in prior endeavors. The successful candidate should have :

The 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 :

100,000 - $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. 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.