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.
Business Unit
International Finance, Singapore
Job Title
Assistant Vice President, Singapore
Global Finance Function
The Finance team at Blackstone comprises of Finance, Internal Audit, Treasury, and Tax functions.
International Finance manages the financial, regulatory and tax reporting requirements of all Blackstone Group entities based outside the US. International Finance has teams in Brazil, Hong Kong, Luxembourg, Mumbai, Singapore and Tokyo. Our vision is to be:
Flawless at Control
Efficient Controllers
Value-add Business advisors
Key Responsibilities:
Responsibilities include but not limited to:
Fund Accounting and Reporting (China focused)
Review of accounting records, financial statements and various related fund reporting from fund administrator
Preparation and review monthly/quarterly investor statements and letters
Review of related documentation/fund transfers on capital activities and other day to day activities
Review NAV calculations performed by external fund administrator
Review and preparation of local regulatory reporting (e.g. AMAC and SFO)
Liaise with fund administrator and BX stakeholders on fund related matters
Perform ad-hoc/monthly/quarterly/annual reporting for senior management
Fund Operations
Point of contact for onshore & offshore stakeholders
Monitor cashflow movement (e.g. subscription, redemption, distribution)
Monitor the fund account balances, cash transfer and QDLP quota usage
Coordination of capital activities and related reporting for NY
Ongoing compliance monitoring/reporting
Shared entities management
Fund Reporting
Liaise with external service provider and BX stakeholders on fund related matters
Perform ad-hoc/monthly/quarterly/annual reporting for senior management
Participate in technology and process improvement initiatives
Other ad hoc tasks/projects
Able to build and maintain relationships and navigate diverse stakeholders
Works closely with other offices in New York, Hong Kong, and other Asia offices
Corporate Reporting
Assist with the Firm’s periodical closing and reporting procedures, while responding to ad-hoc inquiries from management or other business teams
Responsible for preparing any Financial, Tax or Regulatory reports & surveys, and internal forecasts and analysis. Main coverage is Australia
Qualifications:
Blackstone seeks to hire individuals who work well in a team-driven working group, are highly motivated, intelligent, have sound judgment and have demonstrated excellence in prior endeavors.
Required Skills:
Candidate must be a B.A., B.Com./ Graduate, Postgraduate or C.A., with knowledge of accounting and finance
Fluent in English and Business Chinese, strong written skill in Business Chinese is highly preferred
8+ years of accounting/financial analysis experience
Experience in a Big 4 firm will be an advantage
Knowledge of asset management/fund management industry, including market fundamentals will be an advantage
Working experience in China QDLP / PFM operations would be an advantage
Strong Microsoft Office skills (MS Excel, MS PowerPoint and MS Word)
Strong attention to detail and ability to work both independently and in a team environment.
Ability to multi-task and manage shifting priorities in a fast-paced environment
Self-motivated with a passion for making business processes more efficient and successful
Excellent communication, problem solving and interpersonal skills necessary
Drive and desire to learn new technologies and grow technical and functional skill sets
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.
Blackstone is committed to providing equal employment opportunities to all employees and applicants for employment without regard to race, color, creed, religion, sex, pregnancy, national origin, ancestry, citizenship status, age, marital or partnership status, sexual orientation, gender identity or expression, disability, genetic predisposition, veteran or military status, status as a victim of domestic violence, a sex offense or stalking, or any other class or status in accordance with applicable federal, state and local laws. This policy applies to all terms and conditions of employment, including but not limited to hiring, placement, promotion, termination, transfer, leave of absence, compensation, and training. All Blackstone employees, including but not limited to recruiting personnel and hiring managers, are required to abide by this policy.
If you need a reasonable accommodation to complete your application, please contact Human Resources at 212-583-5000 (US), +44 (0)20 7451 4000 (EMEA) or +852 3656 8600 (APAC).
Depending on the position, you may be required to obtain certain securities licenses if you are in a client facing role and/or if you are engaged in the following:
Attending client meetings where you are discussing Blackstone products and/or and client questions;
Marketing Blackstone funds to new or existing clients;
Supervising or training securities licensed employees;
Structuring or creating Blackstone funds/products; and
Advising on marketing plans prepared by a sales team or developing and/or contributing information for marketing materials.
Note: The above list is not the exhaustive list of activities requiring securities licenses and there may be roles that require review on a case-by-case basis. Please speak with your Blackstone Recruiting contact with any questions.
To submit your application please complete the form below. Fields marked with a red asterisk * must be completed to be considered for employment (although some can be answered "prefer not to say"). Failure to provide this information may compromise the follow-up of your application. When you have finished click Submit at the bottom of this form.
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