BDC Finance Associate

About the role

Blackstone Credit & Insurance (“BXCI”) is one of the world’s leading credit investors. Our investments span the credit markets, including private investment grade, asset based lending, public investment grade and high yield, sustainable resources, infrastructure debt, collateralized loan obligations, direct lending and opportunistic credit. We seek to generate attractive risk-adjusted returns for institutional and individual investors by offering companies capital needed to strengthen and grow their businesses. BXCI is also a leading provider of investment management services for insurers, helping those companies better deliver for policyholders through our world-class capabilities in investment grade private credit.

Responsibilities

• Working directly with the third-party administrator to coordinate work flow and reviewing all accounting deliverables to ensure accuracy and conformity with applicable accounting standards
• Maintaining shadow books and records and performing reconciliations to administrator’s reporting package
• Working closely with Product Control and Operations teams to identify and reconcile investment and P&L differences between internal accounting systems and administrator data
• Aiding with preparation of monthly and quarterly reporting deliverables to Blackstone
• Monitoring compliance with the SEC and IRS regulatory tests applicable to BDCs
• Preparation and review of 10-Q and 10-K SEC filings
• Assisting with technology initiatives
• Performing research on new accounting pronouncements and their impact to the financial statements
• Liaising with the Investment, Operation and Investor Relations teams to review and enhance internal and investor reporting
• Responding to ad hoc requests from external investors including return calculations and performance summaries
• Preparing materials for BDC Board of Directors
• Assisting with technology initiatives

Qualifications

• Undergraduate degree
• 3+ years of professional work experience
• Public or public/private accounting mix preferred
• BDC Product Experience a plus (especially non-traded BDCs)
• Credit instrument product experience preferred
• SEC reporting experience preferred
• Alternative investment fund accounting experience required
• CPA preferred
• Strong awareness of internal compliance controls
• Committed, self-motivated and proactive
• Excellent interpersonal and communication skills

Benefits

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

Pay

Expected annual base salary range: $110,000 - $150,000 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.

Schedule

Not specified