Apply on Employer Site

Blackstone · 1 day ago

Product Control, AVP- Blackstone Credit & Insurance

New York

Full-time

Onsite

Mid, Senior Level

$115K/yr - $150K/yr

5+ years exp

Blackstone is the world’s largest alternative asset manager. The BXC Product Control Group ensures data integrity for all financial data by assessing profit and loss and booking standards of the business' positions and trades across the BXC fund platform.

Financial Services

H1B Sponsor Likely

Responsibilities

Perform daily, monthly and quarterly profit and loss (P&L) reconciliations and analyses between various BXC systems

Assess new private investments for appropriate accounting treatment and ensure all relevant deal information in data-warehouse is accurate

Ensure the accounting treatment of investment restructurings are accurately booked and properly flowing into downstream systems

Work collaboratively with other groups, including Operations, Risk, Tax, Technology, and Accounting

Prepare P&L and other ad-hoc financial analysis

Review fair valued prices and accruals on various types of financial instruments to ensure they are accurate in BXC systems and appropriately calculating P&L

Work and drive innovation-related initiatives, including workflow automation and data analytics projects to improve functional effectiveness and efficiencies

Review and advise corrections to reporting based on reconciliations between the Accounting Team, Operations and third-party administrators to ensure the data integrity of accounting information

Review monthly attribution report and work with relevant group to resolve any variances

Prepare and report daily cash rolls to Portfolio Management team in a timely manner

Qualification

FinanceAccounting DegreeProduct Control ExperienceCredit Financial InstrumentsFactSetExcel SkillsAnalytical SkillsAttention to DetailCommunication SkillsOrganizational SkillsWork Ethic

Required

Bachelor's Degree in Finance or Accounting

5+ years' experience with either prior finance or fund accounting experience or direct Product Control experience required with exposure to hedge funds and/or private equity

Experience with various credit financial instruments (loans, revolvers, bonds, repos, CDS and other derivatives)

Strong analytical and mathematical skills with excellent attention to detail and a proactive mindset

Effectively work in a dynamic environment and handle multiple projects

Possesses a strong work ethic, professional integrity, a positive attitude

Highly organized

Strong communication skills, both written and verbal

Exceptionally strong excel skills

Preferred

Prior experience with FactSet

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

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)

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)