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Real Estate Finance – Transactions & Accounting Policy – AVP

Real Estate Finance – Transactions & Accounting Policy – AVP

CompanyBlackstone
LocationNew York, NY, USA
Salary$120000 – $200000
TypeFull-Time
DegreesBachelor’s
Experience LevelSenior, Expert or higher

Requirements

  • Bachelor’s Degree (or above) in Accounting or Finance
  • 6+ years of public/private accounting experience
  • Experience with public companies and historical-cost accounting is required
  • CPA is required

Responsibilities

  • Determine property accounting treatment of unique and complex transactions, in partnership with investment professionals and senior BREIT finance leaders
  • Ensure the accounting policies of portfolio companies align with BREIT’s policies
  • Assist with onboarding of newly acquired portfolio companies to ensure framework for monthly reporting and SOX controls are aligned with BREIT requirements
  • Liaise with Blackstone Real Estate portfolio companies to ensure the accuracy of underlying monthly property results
  • Partner with others in BREIT finance to ensure new transactions are appropriately disclosed in SEC reporting and key performance metrics
  • Partner with others in BREIT Finance to strike the monthly NAV
  • Coordinate with internal and external auditors
  • Analyze new accounting standards to determine impact on BREIT
  • Prepare ad hoc analysis as required by senior management

Preferred Qualifications

  • Experience with public REITs and SEC registrants is preferred