Finance – Private Equity Investment Operations – Assistant Vice President
| Company | Blackstone |
|---|---|
| Location | Jackson Township, NJ, USA |
| Salary | $125000 – $200000 |
| Type | Full-Time |
| Degrees | Bachelor’s |
| Experience Level | Senior, Expert or higher |
Requirements
- Bachelor’s Degree in Accounting or Finance
- CPA preferred
- 5+ 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
- 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
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
- Review of capital call and distribution memos
- Prepare/review of internal reporting to COO, CFO and Head of Finance 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
- Work with technology team to improve automation/reporting of manual processes
- Assist with special projects and internal ad hoc requests as needed
Preferred Qualifications
- CPA preferred