BAAM - FP&A, Associate

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 $975 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: BAAM

Business Unit Description:

Blackstone Alternative Asset Management (BAAM®) manages approximately $81 billion across a diversified set of businesses, including a customized portfolio solutions business, a special situations platform, a business that purchases GP stakes in alternative asset managers, an open-ended mutual fund platform, and an emerging manager seeding business. BAAM invests across a variety of asset classes and strategies to create solutions for its investors. Through its sharp focus on clients' goals, a rigorous due-diligence process and access to Blackstone's global insights, BAAM strives to generate attractive risk-adjusted returns across market cycles while mitigating downside risk during stressed market environments.

Job Title: BAAM - FP&A, Associate

Job Description:

The FP&A Team is dedicated to analyzing and presenting information that assists Senior Management in executing day-to-day operations and developing a long-term strategy for BAAM. This includes daily weekly, monthly, and quarterly reporting to both BAAM and Blackstone Senior Management as well as public company reporting requirements. The information that is analyzed and reported includes among other things, revenues, AUM, investor inflows/outflows, loss carry forwards, returns and expenses. This position will play a transformative role for the team, inclusive of outsourcing, technology solutions and re-envisioning processes for future state.

Candidates should exhibit strong technical, analytical and leadership skills as well as exceptional communication skills. Candidates should be self-motivated, team-oriented individuals with innovative solutions who thrive on challenge in a fast-paced, dynamic environment. The comparatively small size of this group offers an opportunity to liaise with various teams across the BAAM platform.

Responsibilities include, but are not limited to:

• Develop and deliver forecasting, budgeting, and financial analysis reports to drive optimization of business decision-making and planning
• Analyze and present key financial data and relevant information to Senior Management to drive business performance and strategy
• Coordinate the collection and analysis of key metrics across multiple internal teams and external resources
• Implement new processes/systems creating operational efficiencies and reporting enhancements
• Ongoing analysis and development of financial reporting for new products, industry trends and key quantifiers that assist Senior Management in determining profitability of products and measure the growth and drivers that impact profitability
• Conduct financial modeling and sensitivity analysis
• Support long-term and short-term management strategy and plan
• Further develop and implement policy and procedures
• Focus on technology and long-term productivity improvements to increase efficiency
• Manage special projects as needed

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.

The successful candidate must have:

• 4+ years of experience in Finance or Accounting
• Strong technical and analytical skills
• Strong verbal and written communication skills
• Ability to summarize issues, develop recommendations, and make decisions
• Self-starter with an ability to be proactive and take initiative
• Ability to manage tight timelines and prioritize diverse tasks
• Ability to partner across teams, summarize issues, develop recommendations, and make decisions
• Highly proficient in Excel and Power Point
• Experience with Anaplan and/or Tableau preferred but not required
• Highly organized and attentive to detail
• Possesses a strong desire to learn and grow in a dynamic environment
• Takes accountability for work, is receptive to constructive feedback

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:

$115,000 - $140,000

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.