Blackstone · 1 month ago
Finance - Investment Operations - Associate
Berkeley Heights, NJ
Full-time
Onsite
Entry Level
$105K/yr - $150K/yr
3+ years expBlackstone is the world’s largest alternative asset manager, seeking to create positive economic impact and long-term value. The Investment Operations Associate will be responsible for fund administration operations related to Private Equity institutional funds, supporting deal teams and internal marketing groups.
Financial Services
Responsibilities
Work closely with deal teams/fund counsel/tax advisors and portfolio company (“PC”) management on investment transactions and support
Liaise with the fund accountants on deal transaction accounting for GAAP F/S
Manage the investment closing/sale funds flow process alongside the deal teams
Manage responsibilities and assignments delegated to the junior NY or offshore teams
Prepare/review of internal reporting to senior management, including Fund COO on fund metrics and liquidity
Manage fund level cash and liquidity through modelling forecasted realizations and capital deployments
Reading and interpreting LPAs
Monitor fund LPA limit and deal certificate compliance
Manage capacity on the funds’ credit lines as well as borrowing base compliance/covenants
Oversee the creation and maintenance of fund and investment structure charts and KYC/AML letters
Liaise with external and internal auditors
Manage the expense process and compliance with LPA and firm policies
Work with technology team to improve automation/reporting of manual processes
Assist with special projects and internal ad hoc requests as needed
Qualification
Required
Bachelor's Degree in Accounting or Finance
3+ years of public accounting, private equity fund accounting, or private equity fund operations experience
Strong technical accounting skills
Strong analytical and organizational skills
Detail oriented
Works well in a dynamic professional environment and handles multiple projects and deadlines
Builds professional relationships and communicates effectively across multiple levels, functions and regions
Effectively works and communicates with members of the team to ensure established deadlines are being met in an efficient, accurate, and thorough manner
Desire to implement process improvement opportunities
A self-starter who works well independently
Advanced proficiency in Microsoft Office (Excel, Word and PowerPoint) required
Benefits
Comprehensive health benefits, including but not limited to medical, dental, vision, and FSA benefits
Paid time off
Life insurance
401(k) plan
Discretionary bonuses
Certain employees may also be eligible for equity and other incentive compensation at Blackstone’s sole discretion
Company
Blackstone
Blackstone is the world’s largest alternative asset manager.
1001-5000 employees
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)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (102)
2024 (52)
2023 (44)
2022 (11)
Funding
Current Stage
Late StageLeadership Team
Brad Marshall
Global Head of Private Credit Strategies, Co-CEO of BCRED/BXSL
jesse blackstone
SECURITY & EDUCATION CEO
Recent News
News Archives - Times Kuwait
2025-09-25
Hindu Business Line
2025-09-06
2025-09-03
Company data provided by crunchbase