Job Opportunity
Associate – Fund Accounting
Blackstone | Miami, FL
Job Summary
Review daily and monthly estimate and final fund NAVs. BS or above in Accounting or Finance. 3+ years of fund, audit, or administrator experience; 3+ years of public or private accounting experience.
Details
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 $1.1 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 https://www.blackstone.com/. Follow @blackstone on LinkedIn, Twitter, and Instagram.
Blackstone’s Global Fund Finance team is seeking a Fund Accounting Associate to join the team in support of business growth.
Primary Responsibilities:
* Review daily and monthly estimate and final fund NAVs
* Prepare and review capital calls and distributions allocations
* Assist in tracking investment cost and monitoring the fair value of the investments
* Preparation and oversight of quarterly NAV and portfolio reconciliation process; investigate and resolve discrepancies with the internal operations teams
* Calculate management fees, distributions, waterfall allocations, and IRR
* Prepare and review fund forecasts, performance estimates, attributions, and other ad-hoc projects
* Assist in review of investor statements and internal reporting
* Coordinate with the external auditors for the year-end audit process
* Oversee and review the work of the offshore team
Qualifications:
* BS (or above) in Accounting or Finance
* CPA preferred
* 3+ years of fund, audit, or administrator experience; 3+ years of public or private accounting experience
* Experience in private equity and/or hedge funds and/or audit preferred
* Knowledge of SEC/relevant regulatory filings for investment funds preferred
* Strong Excel skills preferred
* Able to multitask and effectively manage their own time
* Collaborative team player, always willing to assist colleagues
* Highly motivated, proactive, intelligent, with demonstrated excellence in prior endeavors
* Excellent analytical, technical, and communication skills
Click here for details on this job
- Job Reference #: 26360
- Compensation: $ 140,000
- Min Education: BA/BS
- Min Experience: 3 years