2027 Blackstone Global Fund Finance Summer Analyst

Blackstone is the world’s largest alternative asset manager. Blackstone seeks to deliver compelling returns for institutional and individual investors by strengthening the companies in which the firm invests. Blackstone’s over $1.3 trillion in assets under management include global investment strategies focused on real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries and hedge funds. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, X (Twitter), and Instagram. 

Program Description:

The Global Fund Accounting & Finance Summer 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 Summer Analyst program offers a hands-on experience across several Global Fund Accounting & Finance teams, where Summer Analysts will have direct exposure to senior-level management, engaging mentors, development opportunities and targeted training to hone technical, analytical and communication skills.

Analysts will support a specific business which will include the following:

·         Private Equity

·         Tactical Opportunities

·         Strategic Partners

·         Credit

·         Real Estate

·         Hedge Fund Solutions

Job Description:

The Global Fund Accounting & 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.

Key responsibilities may include but are not limited to:

·         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:

·         Certified Public Accountant license or aspiration to become a licensed Certified Public Accountant

·         A strong academic record

·         Proficiency in Microsoft Excel

·         Strong quantitative skills

·         An interest in being a self-starter, highly organized, and detail-oriented

·         An interest in being a collaborative team player

·         Adaptability to new challenges in a dynamic environment while handling multiple projects

·         A strong work ethic, professional integrity, a positive attitude, and genuine passion for excellence

·         Strong interpersonal and communication skills, both written and verbal 

To be considered for the 2027 Global Fund Finance Summer Analyst Program, applicants must meet the following criteria:

·         Actively pursuing a bachelor’s or master’s degree in accounting

·         Anticipated graduation date: December 2027-May 2028

·         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.

Expected annual base salary range:

$90,000 - $90,000

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.

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.

You will not be eligible to participate in Blackstone’s health and other insurance benefit programs.

Please note that we use an AI resume screening tool to help with the initial review of applications. The tool helps us assess candidates based on skills, experience, and qualifications. The tool’s scores are one of the factors we consider when deciding who moves to the next stage of the application process.

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.