BDC Finance Associate

BDC Associate – Blackstone Credit & Insurance

Blackstone Credit & Insurance (BXCI) is one of the world’s leading credit investors. The BDC Associate for BXC will be involved in accounting, finance and reporting activities for Blackstone Credit’s BDC investment advisory business. BXC manages BXSL (a publicly traded BDC) and BCRED (a continuously offered non‑traded BDC).

• Work directly with the third‑party administrator to coordinate workflow and review all accounting deliverables to ensure accuracy and conformity with applicable accounting standards.
• Maintain shadow books and records and perform reconciliations to the administrator’s reporting package.
• Work closely with Product Control and Operations teams to identify and reconcile investment and P&L differences between internal accounting systems and administrator data.
• Assist with preparation of monthly and quarterly reporting deliverables to Blackstone.
• Monitor compliance with the SEC and IRS regulatory tests applicable to BDCs.
• Prepare and review 10‑Q and 10‑K SEC filings.
• Collaborate with the investment team on ad‑hoc requests, including updating the BDC financial model, liquidity management, PM reporting and various other requests.
• Provide oversight of the valuation process of the investment portfolio.
• Liaise with the Investment, Operations and Investor Relations teams to review and enhance internal and investor reporting.
• Respond to ad‑hoc requests from external investors, including return calculations and performance summaries.
• Work with Investor Relations to prepare quarterly investor deck/earnings release.
• Prepare materials for the BDC Board of Directors.
• Assist with technology initiatives.
• Perform research on new accounting pronouncements and their impact on the financial statements.

• Undergraduate degree.
• 3+ years of professional work experience.
• Public or public/private accounting mix preferred.
• BDC product experience is a plus (especially non‑traded BDCs).
• Credit instrument product experience preferred.
• SEC reporting experience preferred.
• Alternative investment fund accounting experience required.
• CPA preferred.
• Strong awareness of internal compliance controls.
• Committed, self‑motivated and proactive.
• Excellent interpersonal and communication skills.

Expected annual base salary range: $110,000 - $150,000.

Additional compensation and benefits include comprehensive health benefits (medical, dental, vision, FSA), paid time off, life insurance, 401(k) plan, discretionary bonuses, and eligibility for equity and other incentive compensation at Blackstone’s discretion.

The duties and responsibilities described here are not exhaustive and additional assignments, duties, or responsibilities may be required of this position. Assignments may be changed at any time, with or without notice, by Blackstone in its sole discretion.

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.