International Finance - Associate
Blackstone
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 www.blackstone.com. Follow @blackstone on LinkedIn, Twitter, and Instagram.
Job Title: International Finance - Associate
Business Unit: International Finance - EMEA Finance
Responsibilities
This individual will be a member of the EMEA Finance team. Working closely with teams globally including Blackstone’s US finance team and Centre of Excellence (“COE”) in India, they will be responsible for:
- Fund accounting and administration: working directly with internal and external 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, NAV allocations, liquidity forecasting and corporate G&A
- Liquidity 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
- Preparation of statutory financial statements under IFRS, audit packs and supporting the external/internal audit process
- Preparing quarterly and ad hoc financial regulatory returns to financial regulatory bodies including the CSSF
- Enhancing management information through various means, including trend analyses and monthly commentary on the ongoing activities of the relevant entities
- Assisting Blackstone’s central Finance team in New York on any queries in relation to group quarterly and annual reporting
- Assisting in the preparation of information for board meetings
- Ensuring a robust control environment for all financial reporting
- Assistance with ad hoc analysis and other management reporting as required
Qualifications & Skills
- Degree qualified, Chartered Accountant (preferably with Big 4 background) with 2+ years post qualification experience or ACCA / CIMA with equivalent experience gained in industry, preferably in financial services
- Strong technical accounting skills, with knowledge of US GAAP and IFRS preferred
- Working knowledge of accounting applications such as Investran an advantage
- Strong communication skills both written and verbal
- Fluent in English, both written and verbal
- Excellent attention to detail and consistently and proactively delivers accurate, high quality work
- Highly organised, goal oriented, and solutions focused with a focus on continuous improvement
- Demonstrates ownership and accountability, manages work independently and knows when to escalate matters
- Works collaboratively across the team, contributing to a dynamic and inclusive team environment
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.
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