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 www.blackstone.com. Follow @blackstone on LinkedIn, Twitter, and Instagram.

 

Job Description

The Firm is looking to recruit an AVP to join the finance team responsible for a number of our European funds. The AVP will be an integral member of the team in London and will report to the Senior Vice President leading the London Fund Finance team.

Responsibilities

The AVP will act as a key liaison between a variety of internal and external stakeholders including, among others, European and global finance teams, treasury and accounting functions, investor relations, and auditors.

Fund accounting and administration: work directly with internal and external service provider teams to strike monthly NAVs and validate corporate level activity, including but not limited to, monthly subscription and redemption activity, distributions, promote calculations, management fee calculations and NAV allocations across the Credit platform including private credit funds, commingled funds, CLOs, SMAs, and listed closed end fundsLiquidity Management / Investor transactions: actively monitoring the liquidity of the entire fund structure including supporting treasury operations for monthly investor subscriptions, redemptions and distributions; liaising with stakeholders to ensure sufficient cash is available when and where required; coordinate with the appointed service providers to monitor funds available for distribution to support the fund’s distribution policyFP&A: Analyse complex financial information to provide meaningful, accurate, and timely financial performance reporting to the board and other senior stakeholders for decision making purposesReporting: Assist and in some cases lead the organization of Luxembourg / Irish Board meetings and materials across multiple asset classes / business lines and coordinating the delivery of internal and external teams to ensure that the reporting is efficient and robustFinancial Reporting: manage the delivery of yearly and half yearly financial statements in accordance with IFRS/local GAAP and local regulatory requirements, including project management of external audits

Valuations: Supporting the Valuation team to ensure appropriate and accurate accounting adjustments are made in determining the Fund level NAVTax compliance: working with internal Tax teams and advisors to ensure Fund level compliance and investor reporting needs are metNew Business: key stakeholder in the launch of new funds and structures, involving internal and external legal, tax, and business teams, advising on structuring, formation documents and operational frameworksAssisting with ad hoc technical accounting matters and other projects throughout the year

Qualifications & Skills

Degree and ACA qualified (or equivalent accounting qualification) with 5+ years of post-qualification experience5+ years of work experience, with credit and/or asset management sectors a significant advantageIFRS accounting / financial reporting (either in industry or in an audit capacity) is a significant advantageSuperior analytical and financial skills, including strong knowledge of finance and accounting and exceptional Excel and PowerPoint expertiseConfident to build relationships and be the primary contact point for a range of senior stakeholdersConfident and inquisitive mindset that seeks to fully understand, be accountable for and improve delivery of their responsibilitiesStrong written and verbal communication skillsAbility to multi-task and execute a wide range of assignments, strong time management skills and attention to detailWillingness to take on additional projects and support others in the department outside their direct responsibilities

All qualified applicants will receive consideration for employment without regard to race, colour, religion, sex, age, disability, sexual orientation, national origin, or any other category protected by law.

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.

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.

If you need a reasonable accommodation to complete your application, please contact Human Resources at 212-583-5000 (US), +44 (0)20 7451 4000 (EMEA) or +852 3656 8600 (APAC).

Depending on the position, you may be required to obtain certain securities licenses if you are in a client facing role and/or if you are engaged in the following:

Attending client meetings where you are discussing Blackstone products and/or and client questions;

Marketing Blackstone funds to new or existing clients;

Supervising or training securities licensed employees;

Structuring or creating Blackstone funds/products; and

Advising on marketing plans prepared by a sales team or developing and/or contributing information for marketing materials.

  

Note: The above list is not the exhaustive list of activities requiring securities licenses and there may be roles that require review on a case-by-case basis.  Please speak with your Blackstone Recruiting contact with any questions.

To submit your application please complete the form below. Fields marked with a red asterisk * must be completed to be considered for employment (although some can be answered "prefer not to say"). Failure to provide this information may compromise the follow-up of your application. When you have finished click Submit at the bottom of this form.