2023 Global Fund Finance Rotational Analyst

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Blackstone is the world's largest alternative asset manager. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our $915 billion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, infrastructure, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, Twitter, and Instagram.

2023 Global Fund Finance Rotational Analyst

Job Title: 2023 Analyst

Location: Miami

Business Unit: Global Fund Accounting & Finance, Finance

Firm Overview:

Blackstone is one of the world's leading investment firms. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our $881 billion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. Further information is available at www.blackstone.com. Follow Blackstone on Twitter @Blackstone.

Program Description:

The Global Fund Accounting & Finance role seeks to offer a challenging experience to individuals currently pursuing a Bachelor's or Master's Degree in Accounting, who are interested in establishing careers in alternative asset investment fund finance and accounting. Our program is designed to focus on developing the technical accounting skill set required to administer alternative investment funds. The 2-year full-time program will consist of supporting the accounting and finance functions of various alternative investment funds managed by several of Blackstone's business lines.

The Analyst program offers a hands-on experience across several Global Fund Accounting & Finance teams, where Analysts will have direct exposure to senior-level management, engaging mentors, development opportunities and targeted training to help develop and sharpen technical, analytical and communication skills. Analysts are expected to pursue becoming licensed Certified Public Accountants and will receive benefits specific to that pursuit (i.e., review course and exam fee reimbursement). At the conclusion of the program, performance pending, Analysts will be offered permanent roles supporting a specific business segment.

Analysts will support a specific business which will include the following:

  • Private Equity
  • Tactical Opportunities
  • Strategic Partners
  • Credit
  • Real Estate
  • Hedge Fund Solutions



Job Description:

The Global Fund Finance group is responsible for the fund accounting, investor reporting and performance reporting for the investment funds offered by Blackstone. The group also provides support to the front office professionals, addressing a variety of investor relations matters, and works with business development on new funds and products. Additionally, the team supports Blackstone's internal marketing group and primarily deals with statistical and performance related data.

Key responsibilities may include but are not limited to:

  • Preparing accounting records
  • Assisting with reviewing daily cash and investment activity
  • Monitoring and reporting on credit facility activity
  • Preparing capital drawdowns
  • Preparing distributions
  • Reviewing waterfall calculations
  • Preparing management fee calculations and billing statements
  • Preparing quarterly and audited annual reports, including financial footnotes
  • Assisting in reviewing quarterly capital account statements
  • Working with technology teams to improve system functionality and validate enhancements
  • Liaising with investors
  • Assisting in onboarding of new funds
  • Working with internal valuation teams to ensure data completeness
  • Working with the tax compliance team to ensure accurate investor reporting.
  • Reviewing fund external compliance deliverables, such as Form PF and AIFMD
  • Assisting with special projects and internal ad hoc requests



Qualifications:

Blackstone seeks to hire individuals who are highly motivated, intelligent, and have demonstrated excellence in prior endeavors. In addition to strong analytical and quantitative skills, the successful candidate should have:

  • Active pursuit of a Bachelor's degree in Accounting
  • Received an undergraduate degree in Accounting, Finance or Economics with an active pursuit of a Master's Degree in Accounting
  • Ambition to pursue becoming a licensed Certified Public Accountant
  • Strong GPA
  • Proficiency in Microsoft Excel
  • Strong quantitative skills
  • Self-starter, highly organized, and detail-oriented
  • Ability to be a collaborative team player
  • Ability to adapt to new challenges in a dynamic and fast paced environment while handling multiple projects
  • Possesses a strong work ethic, personal and professional integrity, a positive attitude, and genuine passion for excellence
  • Strong interpersonal and communication skills, both written and verbal



To be considered for the 2023 Global Fund Finance Rotational Analyst Program, applicants must meet the following criteria:

  • Actively pursuing a Bachelor's or Master's Degree in Accounting
  • Anticipated graduation date: Spring 2023
  • Resume must include expected graduation month/year and GPA
  • Resume must be in PDF format



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 do not meet these criteria, please see Blackstone's Careers website for other opportunities that may be available, including other entry level positions.

The duties and responsibilities described here are not exhaustive and additional assignments, duties, or responsibilities may be required of this position. Assignments, duties, and responsibilities may be changed at any time, with or without notice, by Blackstone in its sole discretion.

Blackstone is committed to providing equal employment opportunities to all employees and applicants for employment without regard to 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 class or status in accordance with applicable federal, state and local laws. This policy applies to all terms and conditions of employment, including but not limited to hiring, placement, promotion, termination, transfer, leave of absence, compensation, and training. All Blackstone employees, including but not limited to recruiting personnel and hiring managers, are required to abide by this policy.

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).

Depending on the position, you may be required to obtain certain securities licenses if you are in a client facing role and/or if you are engaged in the following:

  • Attending client meetings where you are discussing Blackstone products and/or and client questions;
  • Marketing Blackstone funds to new or existing clients;
  • Supervising or training securities licensed employees;
  • Structuring or creating Blackstone funds/products; and
  • Advising on marketing plans prepared by a sales team or developing and/or contributing information for marketing materials.



Note: The above list is not the exhaustive list of activities requiring securities licenses and there may be roles that require review on a case-by-case basis. Please speak with your Blackstone Recruiting contact with any questions.

To submit your application please complete the form below. Fields marked with a red asterisk * must be completed to be considered for employment (although some can be answered "prefer not to say"). Failure to provide this information may compromise the follow-up of your application. When you have finished click Submit at the bottom of this form.

More Information on Blackstone
Blackstone operates in the Fintech industry. The company is located in New York, NY. Blackstone was founded in 1985. It has 4671 total employees. It offers perks and benefits such as Health insurance, Remote work program. To see all 40 open jobs at Blackstone, click here.
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