2023 Blackstone Procure to Pay Summer Analyst

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 $951 billion 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: Global Procurement - Procure-to-Pay

Job Title: 2023 Summer Analyst, Miami Office

Program Description:

The Global Procurement Summer Analyst Program seeks to offer a challenging experience to individuals currently pursuing a bachelor's or master's degree in Finance, Accounting or Business Administration, who are interested in careers in Global Procurement. Our program is designed to focus on developing the technical, procurement and accounts payable skills set required to operate.

The Summer Analyst program offers a hands-on experience with Coupa software and general Procure-to-Pay processes, where Summer Analysts will have direct exposure to senior-level management, engaging mentors, development opportunities and targeted training to help sharpen technical, analytical and communication skills.

Analysts will support a specific business which will include the following: Procure-to-Pay

Job Description:

The Global Procurement - Procure-to-Pay group is responsible for the purchase order operations, vendor invoice processing, third-party relationship management for all Blackstone business units in multiple countries. They ensure that vendor invoices are processed and paid in a timely manner. The group also provides support to all vendors and Blackstone professionals, addressing a variety of procure-to-pay matters.

Key responsibilities may include but are not limited to:

• Troubleshoot Procure to Pay process issues, identify opportunities for process improvements.
• Work closely with India-based COE team to provide oversight ensure our payables processes are followed globally.
• Help manage quarter end and annual close processes.
• Resolves invoice discrepancies as escalated by their team members.
• Review operational and management reports and identify/escalate potential issues - and opportunities for corrective actions.
• Interacts directly with vendors when issues are escalated to resolve situations efficiently and effectively, as deemed necessary.
• Ensures clear and updated communications with all stakeholders regarding corporate approval Policies and Procure to Pay Procedures.
• Identify opportunities to leverage Coupa functionality to improve efficiency

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:

• Active pursuit of a Bachelor's or Master's degree in Finance, Accounting or Business Administration
• Strong academic record
• Proficiency in Microsoft Excel
• Strong quantitative skills
• Self-starter, highly organized, and detail-oriented
• Ability to be a collaborative team player
• Ability to adapt to new challenges in a dynamic and fast paced environment while handling multiple projects
• Possesses a strong work ethic, personal and professional integrity, a positive attitude, and genuine passion for excellence
• Strong interpersonal and communication skills, both written and verbal

To be considered for the 2023 Global Procurement - Procure- to- Pay Summer Analyst Program, applicants must meet the following criteria:

• Actively pursuing a bachelor's or master's degree in Accounting, Finance, Business Administration
• Anticipated graduation date: Spring 2025
• 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:

$60,000 - $70,000

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.

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.