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 $1 trillion 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.
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The BDC Finance AVP will be involved in accounting, finance and reporting activities for Blackstone’s BDC investment advisory business.
BXC manages BXSL (a publicly traded BDC) and BCRED (a continuously offered non-traded BDC).
The principal responsibilities for supporting the BDCs include :
- Working directly with the third-party administrator to coordinate workflow and reviewing all accounting deliverables to ensure accuracy and conformity with applicable accounting standards
- Assisting with preparation of monthly and quarterly reporting deliverables to Blackstone
- Monitoring compliance with the SEC and IRS regulatory tests applicable to BDCs
- Preparation and review of 10-Q and 10-K SEC filings
- Working closely with the investment team with requests, including updating BDC financial model, liquidity management, PM reporting and various ad hoc requests
- Providing oversight of the valuation process of the investment portfolio
- Liaising with the Investment and Operation teams to review and enhance internal and investor reporting
- Responding to ad hoc request from external investors including return calculations and performance summaries
- Working with IR to prepare quarterly investor deck / earnings release
- Preparing materials for BDC Board of Directors
- Assisting with technology initiatives
- Performing research on new accounting pronouncements and their impact to the financial statements
Qualifications :
- Undergraduate degree
- Public or public / private accounting mix preferred
- BDC Product Experience a plus (especially non-traded BDCs)
- SEC reporting experience preferred
- Alternative investment fund accounting experience required
- CPA preferred
- Strong awareness of internal business controls
- Determined, self-motivated and proactive
- Excellent interpersonal and communication skills
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.
Expected annual base salary range :
$125,000 - $185,000
Actual base salary within that range will be determined by several components including but not limited to the individual's experience, skills, qualifications and job location.
For roles located outside of the US, please disregard the posted salary bands as these roles will follow a separate compensation process based on local market comparables.
Additional compensation : Base salary does not include other forms of compensation or benefits offered in connection with the advertised role.