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Blackstone’s Global Fund Finance team is seeking a Vice President to oversee the compilation, review and reporting of Net Asset Values for the BXMA platform. Responsibilities include review of estimated and final NAVs, review of investor payments, oversight of expense budgeting, hedging and cash reconciliations, certain client reporting functions, and fund structuring and restructuring. Candidates should have 10+ years of public and/or private accounting experience and are expected to exhibit strong technical and analytical skills as well as exceptional communication skills. Candidates should be highly motivated, self-motivated independently driven, and a team-oriented individuals committed to finding creative and innovative solutions and who will thrive on challenge in a dynamic environment.
Responsibilities
- Review monthly estimate and final fund NAV’s
- Oversee all aspects of fund accounting operations, including NAV reconciliations with third-party administrators
- Review and reconcile fund foreign currency exposure and coordinate hedging
- Manage offshore resources to ensure accurate and timely preparation of initial NAV reviews and reconciliation files
- Review the calculation of and pay management and performance fees in accordance with the funds’ governing documents
- Review annual financial statements, investor letters, LP distribution and capital call notifications and BX reporting deliverables
- Oversee monthly revenue reporting and produce projection models
- Manage and lead a team, providing guidance, training, and performance evaluations
- Participate in the setup and launch of new products and Funds
- Liaise with various Finance and Operations teams including Middle Office, Pricing, Financial Reporting, Management Reporting, and Legal and Compliance
- Guide team members in responding to client and internal requests
- Develop and implement efficient processes and controls to enhance the accuracy and efficiency of fund accounting operations
- Oversee service providers to achieve superior service
- Review legal documents for fund accounting process considerations
- Promote a positive and collaborative work environment, encouraging professional development and teamwork among team members
Qualifications:
- BS (or above) in Accounting or Finance
- 10+ years of fund, audit, or administrator experience
- Knowledge of private equity and/or hedge funds
- CPA preferred
- Experience in the financial services industry is preferred
- Strong Excel skills areis required
- In-depth knowledge of fund accounting and operations
- Accounting systems experience is strongly preferred
- Excellent communication and interpersonal skills, with the ability to effectively interact with clients, management, and cross-functional teams
- Proven track record of successfully managing a team of fund accountants and delivering high-quality results within strict deadlines
Source: Blackstone Career Page
