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Blackstone · 4 hours ago

Finance - Investment Operations - PE - Assistant Vice President

Berkeley Heights, NJ

Full-time

Hybrid

Mid, Senior Level

$130K/yr - $200K/yr

6+ years exp

Blackstone is the world’s largest alternative asset manager, seeking to create positive economic impact and long-term value. The role involves managing fund administration operations for private equity funds, supporting deal teams, and improving processes within the investment operations group.

Financial Services

H1B Sponsor Likely

Responsibilities

Work closely with deal teams/fund counsel/tax advisors and portfolio company (“PC”) management on investment transactions and support

Managing responsibilities and assignments delegated to the junior NY and offshore teams

Liaise with the fund accountants on deal transaction accounting for GAAP F/S

Manage the investment closing /sale funds flow process along-side the deal teams

Work with technology team to improve automation/reporting of manual processes

Review of capital call and distribution memos

Preparation / Review of internal reporting to COO and Senior Leadership on fund metrics and dry powder schedules

Liaise with investors

Forecasting PC cash-flow and fund capital call needs

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

Manage custody with 3rd party vendor, share/stock reconciliation and proxy voting process for fund investments

Liaise with external and internal auditors

Manage the expense process and compliance with LPA and firm policies

Assist with special projects and internal ad hoc requests as needed

Qualification

Investment Fund ManagementProcess & Project ManagementTechnical AccountingCPAPrivate Equity ExperienceAnalytical SkillsProcess ImprovementMicrosoft OfficeOrganizational SkillsDetail OrientedTime ManagementCommunication Skills

Required

Bachelor's Degree in Accounting or Finance

6+ Years of public accounting, private equity fund accounting, or private equity fund operations experience

Willing to travel periodically to New York

Strong technical accounting skills

Strong analytical and organizational skills

Detail oriented

Ability to work in a dynamic professional environment and handle multiple projects and deadlines

Ability to build relationships and communicate effectively across multiple levels, functions and regions

Effectively work and communicate 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 with the ability to work autonomously

Proficiency in Microsoft Office (Excel, Word and PowerPoint) required

Preferred

CPA preferred

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)