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Blackstone · 4 months ago

Perpetual Finance Fund Accountant – Assistant Vice President

Summit, NJ

Full-time

Onsite

Mid, Senior Level

$130K/yr - $200K/yr

6+ years exp

Blackstone is the world’s largest alternative asset manager, focused on creating positive economic impact and long-term value. They are seeking an Assistant Vice President for Perpetual Finance Fund Accounting, responsible for overseeing fund accounting activities and liaising with various internal and external stakeholders.

Financial Services

H1B Sponsor Likely

Responsibilities

Responsible for day-to-day activities related to fund accounting, reporting of open-ended core real estate funds administered both externally and internally

Liaise with third party fund administrator on items including, but not limited to cash, capital allocations, accruals and expense budgeting, financial statements, capital call drawdown notices, distributions, redemptions, and ad-hoc investor requests

Review quarterly estimates and final fund NAVs

Responsible for calculation of waterfall and incentive models

Manage the expense process and compliance with fund LPAs and firm policies

Responsible for financial deliverables associated with BX quarterly close

Responsible for production of quarterly and annual fund partnerships’ GAAP financial statements

Coordinate with external auditors for annual audit

Review quarterly and annual financial regulatory reporting

Coordinate with internal audit to ensure SOX compliance

Collaborate with multiple internal teams including Tax, Acquisitions, Portfolio Management, Asset Management, Legal & Compliance, Investor Client Services, FP&A, Technology, and Treasury

Responsible for management of offshore team

Qualification

AccountingFund AccountingCPAInvestment Company AccountingReal Estate ExperienceProfessional IntegrityDynamic Environment AdaptabilityTeam CollaborationWork Ethic

Required

BS (or above) in Accounting or Finance

6+ years of audit, fund or administrator experience

Experience with open-ended funds; real estate industry experience is preferred

Investment Company accounting knowledge

Knowledge of common industry performance metrics required

A collaborative team player, always willing to assist colleagues

Possess a strong work ethic and professional integrity

Works well in a dynamic, fast-paced environment

Preferred

CPA preferred

Experience with open-ended funds; real estate industry experience is preferred

Company

Blackstone

Glassdoor3.6

Blackstone is the world’s largest alternative asset manager.

Founded in 1985

New York, NY, US

1001-5000 employees

http://www.blackstone.com

H1B Sponsorship

Blackstone has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

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2025 (102)

2024 (52)

2023 (44)

2022 (11)