Real Estate Finance - NAV & Operations, Associate

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 $ 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.

Further information is available at . Follow @blackstone on , , and .

Blackstone Real Estate Income Trust

Blackstone Real Estate Income Trust, Inc. (BREIT) is a perpetual-life, institutional quality real estate investment platform that brings private real estate to income focused investors.

BREIT invests primarily in stabilized, income-generating commercial real estate across key property types and to a lesser extent in real estate debt investments.

BREIT is externally managed by a subsidiary of Blackstone (NYSE : BX), a global leader in real estate investing. Blackstone’s real estate business was founded in 1991 and has approximately $325 billion in investor capital under management.

Further information is available at .

Blackstone Real Estate Income Trust (BREIT) Finance Net Asset Value ( NAV ) and Operations, Associate

In this role, the Associate will be responsible for ensuring the monthly property results are accurately reported, corporate level activity is recorded correctly, and for preparing the quarterly audit committee materials.

Responsibilities :

• Work directly with Blackstone Real Estate portfolio companies to review the accuracy of underlying monthly property results
• Ensure portfolio companies are appropriately accounting for capital expenditures at BREIT’s properties
• Coordinate with other groups and senior BREIT leadership to prepare the monthly NAV Prospectus Supplement and ensure it is filed with the SEC
• Liaise with the fund administrator to validate corporate level activity, including corporate level debt, offering costs, and corporate G&A
• Partner with others in BREIT Finance to strike the monthly NAV
• Work with senior members of the finance team to prepare quarterly materials for the audit committee of BREIT’s board of directors
• Produce the monthly distribution calculations and ensure the related Form 8-K is filed with the SEC
• Assist with ad hoc analysis and projects

Qualifications :

• BS (or above) in Accounting or Finance and CPA is required
• Experience with public REITs and historical-cost accounting is preferred
• Strong written and verbal communication skills
• Ability to thrive in a team-based environment
• Highly organized and proactive
• Ability to work effectively in a dynamic culture
• Detail oriented and possess strong work ethic; ability to multi-task and execute a wide range of assignments; strong time management skills
• Ideal candidates would have a commitment to excellence in their work product and a desire to learn and grow as a professional

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 :

$105,000 - $140,000

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.