2022 Global Fund Finance Rotational Analyst
2022 Global Fund Finance Rotational Analyst
Job Title:
2022 Analyst
Location:
Miami, FL
Business Unit: Global Fund Finance, Finance
Program Description:
The Global Fund Finance Rotational Analyst Program seeks to offer a challenging experience to individuals currently pursuing a Bachelor’s or Master’s Degree in Accounting, who are interested in 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 [two 1-year rotations] supporting the accounting and finance functions of various alternative investment funds managed by several of Blackstone’s business lines.
The Rotational Analyst program offers a hands-on experience across several Global Fund 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 be, or pursue becoming, licensed Certified Public Accountants and will receive benefits specific to that pursuit (i.e., review course and exam fee reimbursement).
Analysts will support a specific business line during each of the 1-year rotations 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.
Responsibilities:
- 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:
- Actively pursuing a Bachelor’s or Master’s Degree in Accounting
- Strong academic record
- 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 passion for excellence
- Strong interpersonal and communication skills, both written and verbal
To be considered for the 2022 Global Fund Finance Rotational Program, applicants must meet the following criteria:
- Actively pursuing a Bachelor’s or Master’s Degree in Accounting
- Anticipated graduation date: Fall 2021 through Spring 2022
- Resume must include expected graduation month/year and GPA
- Resume must be in PDF format
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.