Global Fund Finance - BAAM Hedge Fund, Associate Global Fund Finance - BAAM Hedge Fund, Associate …

Blackstone US
in New York, NY, United States
Permanent, Full time
Last application, 25 Aug 19
Blackstone US
in New York, NY, United States
Permanent, Full time
Last application, 25 Aug 19
Global Fund Finance - BAAM Hedge Fund, Associate
Job Description:
Blackstone's Global Fund Finance team is seeking an Associate to oversee the compilation of Net Asset Values and reporting for the Hedge Fund Solutions platform. Candidates should have 5-7 years of public and/or private accounting experience. Candidates are expected to exhibit strong technical and analytical skills as well as exceptional communication skills. Candidates should be energetic, self-motivated and a team-oriented individual with fresh ideas and innovative solutions who will thrive on challenge in a fast-paced, dynamic environment.

  • Review monthly estimate and final fund NAVs
  • Analyze fund performance and investor allocations
  • Review the calculation of and pay management and performance fees in accordance with the funds' governing documents
  • Perform NAV reconciliations with various third party administrators
  • Generate custom client reporting
  • Ensure client capital activity and related payments are paid and accounted for
  • Perform daily review of portfolio valuation, performance and deal flow activity
  • Prepare annual financial statements, quarterly capital statements, investor letters, LP distribution and capital call notifications, BX reporting deliverables, and quarterly work papers for internal review and quarterly reporting support
  • Oversee monthly revenue reporting and produce projection models
  • Project lead initiatives to streamline review and reporting of various performance analytics
  • Evaluate cash availability to support the investment process
  • Collaborate with offshore resources to ensure accurate and timely preparation of initial NAV reviews and reconciliation files
  • Assist in the setup and launch of new products
  • Liaise with various Finance and Operations teams including Middle Office, Pricing, Financial Reporting, Management Reporting, Legal and Compliance.

  • BS (or above) in Accounting or Finance
  • 5-7 years of fund, audit, or administrator experience
  • CPA preferred
  • Experience in the financial services industry is preferred
  • Strong Excel skills preferred
  • Knowledge of fund accounting
  • Accounting systems experience strongly preferred
  • Excellent analytical and communication skills
  • Able to multi-task and effectively manage their own time
  • A collaborative team player, always willing to assist colleagues

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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