Global Fund Finance, Assistant Vice President - Blackstone Multi-Asset

Blackstone is the world’s largest alternative asset manager. Blackstone seeks to deliver compelling returns for institutional and individual investors by strengthening the companies in which the firm invests. Blackstone’s over $1.3 trillion in assets under management include global investment strategies focused on real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries and hedge funds. Further information is available at .

Follow @blackstone on Linked In, X (Twitter), and Instagram. Blackstone Multi-Asset Investing (BXMA) manages $83 billion across a diversified set of businesses. We strive to generate attractive risk-adjusted returns across market cycles while mitigating downside risk. Our strategies include Absolute Return, which supports diversification, and Multi-Strategy, which invests opportunistically across asset classes, including direct investments.
Blackstone’s Global Fund Finance is seeking an Assistant Vice President 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 NAV’sReview and analyze NAV reconciliations with various third party administrators and custodians

Review and reconcile the calculation of 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 IRRsReview 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 Utilize technology and outsourced solutions to enhance efficiencies and controls

Oversee service providers to achieve superior service

Work with reporting teams to properly present data in audited financial statements and regulatory filings

Review legal documents for fund accounting process considerations

Qualifications:

BS (or above) in Accounting or Finance6+ years of public or private accounting experienceCPA, and/or CFA preferred

Experience with PE, hedge fund and/or FoHF investing

Strong understanding of accounting ledger data Accounting systems experience strongly preferred

Strong Excel skills

Excellent analytical and communication skills

Able to multi-task and effectively manage own timeA collaborative team player, always willing to assist colleagues

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:$130,000 - $200,000

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…