Finance - Global Fund Finance - Real Estate (BREP), Associate

Job Description:

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 $ 684 billion in assets under management include investment vehicles focused onprivate equity, real estate, public debt and equity, 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 Twitter @Blackstone .

Job Title: Finance - Global Fund Finance - Real Estate (BREP), Associate

Description: This position will be involved in investment operations, financial reporting and accounting for Blackstone Real Estate Partners ("BREP") fund investments in the Americas.

Responsibilities:
  • Responsible for property and SPV-level operational activities including credit facility maintenance, deal funding, investor funding, and deal expense management.
  • Maintain and reconcile cash activity for more than 300+ SPV level bank accounts for investments in the Americas.
  • Liaise with asset management, portfolio company teams, and fund accountants to manage the quarterly BREP distribution process which includes Management SBS/Promote calculations and maintaining the Global BREP fund distribution tracker.
  • Responsible for the BREP SPV tax TB reporting process.
  • Explore opportunities to improve and streamline strategic processes across various BREP SPV functions.
  • Work with Legal & Compliance team to ensure new initiatives/processes are in compliance with BREP fund terms and requirements.
  • Manage, train, and develop the support team in India ("COE") to assist with day-to-day operations.
  • Assist in the management of public equity and debt securities holdings including securities transaction settlements, interest and dividend tracking, custody account openings/closings, transaction reconciliations, cost-basis tracking, maintaining distribution support, and cash flow forecasting.
  • Produce quarterly liquidation slides detailing outstanding action items to liquidate/dissolve remaining investments in legacy funds.
  • Support the Asset Management team in an operational capacity for all BREP investments in the Americas.
  • Assist with deal-specific audit documentation requests, political donation tracking, quarterly debt reporting, and regulatory reporting.


Qualifications:

Blackstone seeks to hire individuals who are highly motivated, intelligent and have demonstrated excellence in prior endeavors.
  • 4 - 6 years of Big 4 experience in the private equity industry (Preferably private equity experience)
  • Undergraduate degree in Accounting
  • CPA or graduate degree preferred
  • Proficient knowledge of Microsoft Office Suite (Excel, Word, PowerPoint)
  • Strong analytical skills, detail oriented and highly organized
  • Possesses a strong work ethic, personal and professional integrity, and a positive attitude
  • Strong oral and written communication and influencing skills
  • Ability to work in a dynamic, fast-paced environment and handle multiple projects


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

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).

The Blackstone Group and its affiliates provide equal employment opportunity to all qualified employees and applicants for employment regardless of 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 classification prohibited by applicable law.

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