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Strategic Incentives Group - Payroll, Associate



Accounting & Finance
Multiple locations
Posted on Saturday, November 18, 2023

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 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 Follow @blackstone on LinkedIn, Twitter, and Instagram.

Blackstone’s Payroll Team is seeking a candidate whose responsibilities will include balancing and controlling earnings and deduction totals, reconciling general ledger entries, validating pay registers and other reports, determining, and correcting out-of-balance conditions, reviewing tax reports, and researching and preparing special reports for our partner departments. Additional responsibilities include checking and auditing timekeeping and maintaining time and attendance records.

Candidates should have 4+ years of payroll experience. Candidates are expected to exhibit strong technical and analytical skills as well as exceptional communication skills. Candidates should be self-motivated and team-oriented individuals with innovative ideas and solutions who will thrive in a dynamic environment.


  • 4+ years of U.S. Payroll experience; additional Canada experience preferred

  • Experience with Ceridian and Workday and other SaaS based payroll systems, in both a self-administered and managed service environment

  • Experience in the financial services industry is preferred

  • Familiarity with equity-based compensation is a plus

  • Strong understanding of bank and balance sheet account reconciliations

  • Strong technical skills

  • Excellent analytical and communication skills

  • Able to multi-task and effectively manage their own time

  • A collaborative team player that is always willing to partner with colleagues and inter-departmental team members

  • Strong Excel skills required


  • Prepare and process payrolls in an accurate, compliant, and timely manner

  • Act as a subject matter expert and/or resource to others

  • Understand and perform all phases of the payroll process for US and Canadian payrolls

  • Process special transactions (e.g., retroactive pay, mid-period increases, and garnishments)

  • Develop best practices to minimize risk pertaining to payroll tax compliance

  • Understand and keep abreast of the current tax requirements, including state and federal tax withholdings

  • Preparation reports requested by Finance, HR, Tax and other departments to use for analytics (includes payroll reports of earnings, deductions, taxes, insurance, leave, 401k, etc.)

  • Assist with ongoing set up, testing and maintenance of the payroll and timekeeping systems

  • Research and interpret a variety of complex information in response to inquiries

  • Recommend or participate in the development of new procedures and policies related to payroll operations; update policy/procedure manuals

  • Create and maintain Standard Operating Procedures/Checklists and ensure that policies and procedures are being adhered to

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:

$85,000 - $130,000

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 roles will follow a separate compensation process based on local market comparables.

Additional compensation: Base salary does not include other forms of compensation or benefits offered in connection with the advertised role.

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.