General Partner Accounting, Associate

Blackstone • New York, NY

4d

About The Position

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 $1.1 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. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, X, and Instagram. The successful candidate will have GAAP and Tax reporting responsibility for our General Partner (GP) and Side-by-Side (SBS) entities. The GPA team is primarily responsible for quarterly GAAP reporting, which flows into the 10K and 10Q, and internal tax reporting to the Blackstone insiders that participate in the firm’s SBS and Carried Interest Programs. The candidate will enhance their understanding of partnership accounting, from both a GAAP and tax perspective, and certain tax forms (such as Schedule K1, Federal and State tax returns).

Requirements

• 3+ years of experience
• Bachelor’s degree in accounting is required
• Strong analytical skills, confidence & interpersonal skills are required
• Superior MS Excel skills are required
• Attention to detail and ability to multi-task are critical
• Highly motivated, enthusiastic, results-oriented individual with a sense of urgency and commitment to professional excellence

Nice To Haves

• CPA or public accounting experience pursuing CPA is a plus
• Alternative asset management experience is a plus

Responsibilities

• Full accounting and reporting responsibilities for GP and SBS entities
• Oversight of our offshore team including daily and monthly journal entry review and related reconciliations
• Extensive interaction with our fund & tax accountants
• Preparation and review of Quarterly GAAP financial statements utilizing Investran and Oracle software
• Preparation and review of Quarterly GAAP disclosure items
• Fund to GP reconciliation of partner contributions and distributions
• Preparation of Federal and State tax estimates for Blackstone insiders
• Annual tax compliance utilizing iPACS/Investran/Excel software
• Annual preparation of audited SBS financial statements
• Sarbanes-Oxley compliance

Benefits

• comprehensive health benefits, including but not limited to medical, dental, vision, and FSA benefits
• paid time off
• life insurance
• 401(k) plan
• discretionary bonuses
• Certain employees may also be eligible for equity and other incentive compensation at Blackstone’s sole discretion.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level