Finance - Investment Operations - PE - Assistant Vice President

Private Equity Finance – Operations

The Private Equity Finance – Operations group is responsible for all aspects of fund administration operations related to Blackstone’s private equity funds. The group also supports the private equity deal teams and internal marketing groups.

• Work closely with deal teams, fund counsel, tax advisors, and portfolio company (PC) management on investment transactions and support.
• Manage responsibilities and assignments delegated to the junior NY and offshore teams.
• Liaise with the fund accountants on deal transaction accounting for GAAP financial statements.
• Manage the investment closing/sale funds flow process alongside the deal teams.
• Work with the technology team to improve automation and reporting of manual processes.
• Review capital call and distribution memos.
• Prepare and review internal reporting to the COO and Senior Leadership on fund metrics and dry powder schedules.
• Liaise with investors.
• Forecast PC cash‑flow and fund capital call needs.
• Read and interpret Limited Partnership Agreements (LPAs).
• Monitor fund LPA limits and deal certificate compliance.
• Manage capacity on the funds’ credit lines as well as borrowing base compliance and covenants.
• Oversee the creation and maintenance of fund and investment structure charts and KYC/AML letters.
• Manage custody with third‑party vendors, share/stock reconciliation, and proxy voting processes for fund investments.
• Liaise with external and internal auditors.
• Manage the expense process and ensure compliance with LPA and firm policies.
• Assist with special projects and internal ad hoc requests as needed.
• Additional responsibilities may be assigned as required.

• Bachelor’s Degree in Accounting or Finance.
• CPA preferred.
• 6+ years of public accounting, private equity fund accounting, or private equity fund operations experience.
• Willingness to travel periodically to New York.
• Strong technical accounting skills.
• Strong analytical and organizational skills.
• Detail oriented with the ability to manage multiple projects and deadlines.
• Proficiency in building relationships and communicating effectively across multiple levels, functions, and regions.
• Ability to work autonomously and be a self‑starter.
• Proficiency in Microsoft Office (Excel, Word, and PowerPoint) required.
• Ideal candidates demonstrate a commitment to excellence, strong time‑management skills, and a desire to learn.
• Some roles may require securities licenses if engaged in client‑facing activities or marketing of Blackstone funds.

• Expected annual base salary range: $130,000 – $200,000 (based on experience, skills, qualifications, and job location).
• Additional compensation and benefits include comprehensive health benefits (medical, dental, vision, FSA), paid time off, life insurance, 401(k) plan, discretionary bonuses, and potential equity or incentive compensation.

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