Corporate Finance - Associate/ Assistant Vice President

The Blackstone Group

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. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, Twitter, and Instagram.

Business Unit

International Finance, Singapore

Job Title

Corporate Finance, Associate/ Assistant Vice President

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

Job Description

Blackstone’s International Finance team is seeking an Associate/ Assistant Vice President to assume responsibility with limited supervision for a broad spectrum of the accounting and reporting procedures for the Group and for the respective House Entities in scope.

Candidates should have minimum 5 years of public and/or private accounting experience. Candidates are expected to exhibit strong technical and analytical skills as well as exceptional communication skills. Candidates should be energetic, self-motivated, and a team-oriented individual with fresh ideas and innovative solutions who will thrive on challenge in a fast-paced, dynamic environment.

Specific Responsibilities

Key responsibilities include but are not limited to:

  • Take lead in 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.
  • Stabilize the transition of APAC Finance’s tasks to Blackstone’s Center of Excellence (COE)
  • Review recurring tasks conducted by the COE which covers;
  • Monthly journals preparation and close processes
  • Reviewing employees’ T&E compliance with internal and regulatory financial policies
  • AP processing
  • Intercompany payables / receivable settlements
  • Monitor and review accounting reports for accuracy and completeness. Reconcile and resolve any accounting discrepancies
  • FA processing
  • Managing treasury management and foreign exchange analysis
  • Manage, train and develop COE staff with accounting and operational work
  • Coordinate with independent auditors for audits and tax accountants for tax filing procedures
  • Actively participate in regional / domestic projects to enhance controls, processes and/or system efficiency
  • Collaborate on a daily basis with Accounts Payable, Treasury, Compensation Accounting and other Finance teams in different offices across the region
  • Collaborate with the Legal and Compliance team to ensure compliance with various policies and procedures
  • Understand, manage, and review specific revenue/ investment process flows and associated accounting
  • Understand and manage APAC legal entities’ corporate tax, GST, transfer pricing reporting. Experience covering Singapore, Australia, Greater China entities will be preferred.
  • Understand and manage routine regulatory compliance reporting and ad-hoc regulatory surveys
  • Ability to communicate effectively with international teams to troubleshoot issues and resolve matters
  • Understand and manage accounts payable process
  • Have a good understanding of technology and able to use it effectively to do the job and solve problems

Qualifications

Blackstone seeks to hire individuals who are highly motivated, intelligent and have demonstrated excellence in prior endeavors. The ideal candidate would have a commitment to excellence in their work product, strong time management skills, and a desire to learn. 

  • Possesses strong work ethic, sense of accountability and genuine passion for excellence
  • Possesses the desire and ability to work in a fast-paced entrepreneurial environment with a positive attitude.
  • Highly self-motivated and thinks thoroughly. Owns the matter - takes the extra step to voluntarily investigate.
  • Capable of communicating succinctly and can solve issues with limited guidance from seniors
  • Quick learner and able to quickly turnaround ad-hoc requests
  • Strong analytical skills and highly organized
  • Able to “see the bigger picture” and get to the heart of issues rapidly, yet detail oriented, and able to work effectively under pressure
  • Interest in process optimization & identifying opportunities for efficiency gains.
  • Capable of operating under pressure. Handle multiple projects while prioritizing deliverables and meeting demanding deadlines
  • Capable of multi-tasking
  • Independent learner
  • Able to provide oversight to overseas COE team
  • Investments or treasury experience a plus, but not necessary
  • Able to work effectively in a team environment;
  • Possess personal and professional integrity
  • Escalate / communicate issues or efficiency gain opportunities timely
  • Possesses relationship building skills with internal and external counterparties
  • Excellent interpersonal influencing skills and communication skills, both written and verbal
  • Ability to work seamlessly across borders
  • Minimum 5 years of Big 4 experience in the private equity industry, fund management or treasury industry
  • Undergraduate degree in Accounting. CPA or graduate degree preferred
  • Proficient knowledge of Microsoft Office Suite (Excel, Word, PowerPoint)
  • Knowledge in Oracle is a plus

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, disability, sexual orientation, national origin or any other category protected by law.

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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Confirmed 6 hours ago. Posted 30+ days ago.

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