CFO of Technology - Blackstone Technology & Innovations

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.

Role Description

The CFO of Technology will have responsibility for the Financial Planning and Analysis (FP&A) activities for Blackstone's Technology & Innovations (BXTI) group. This individual will serve as a key partner to the Technology Exec Leadership team and partner closely with the central FP&A team. The candidate must possess strong leadership and collaboration skills. The role will report to the COO of BXTI.

The CFO of BXTI will lead a team of employees and consultants focused on providing decision support and insights to our tech leaders and their business stakeholders. In addition, the team manages all FP&A activities partnering closely with the central team, workforce planning, automation strategy, market data and other strategic areas for improvement.

This individual needs to display financial and technology expertise to provide insights through decisioning frameworks which best optimize our development investment spend across the enterprise and Business Units (BUs). You'll be required to be a leader with strategic vision, collaborating and influencing business leaders within a dynamic team setting.

Responsibilities:

• True business partner and key member of the Tech Leadership to drive the financial strategy to support our complex priorities. Provides technical and visionary leadership to the Finance team that supports tech while working as a strategic thought partner to leaders across the organization on how to think about technology spend
• Translate IT activities into business outcomes and financial impacts
• Establish and improve on key financial and performance metrics tracking process to accurately allocate technology costs to our BUs and Corporate Groups.
• Develop multi-year capital and financial plans, budgets, forecasts and monitor spending
• Set a clear strategic roadmap focused on automation and process improvements within the Financial space partnering closely with technology to implement
• Manage third party labor and consultant costs and work closely with Procurement to partner on the Sourcing and AP processes
• Engage on issues, trends, and changes in priorities and investments and create a strategic framework that positions IT as strategic shaper of business, inclusive of transitioning tech as a pure cost center into a value-center
• Find opportunities for efficiencies and high return areas of focus considering impact within and across businesses - Improve visibility into development efforts by product and initiative with tracking mechanisms around return on investment
• Forward-thinking to respond to new requirements and provide next-level cuts through heightened business acumen and financial rigor
• Implement decisioning frameworks and solutions which best optimize our tech delivery. Establish processes to capture spend across key uses (e.g. cloud, hardware, software, market data etc.) and address existing allocation models for shared-expense pools

Qualifications

• 10+ years of applicable experience , Bachelor's or Master's Degree in finance or business discipline or related experience
• A highly driven individual who is purposeful, ambitious, logical, and collaborative. Exceptional listener and highly skilled at leading change with a proven track record.

• Accomplished business and finance leader with a consistent record of high performance, financial and operational leadership
• High technology acumen and automation mindset - Understand the process and business complexities of implied technical investments and the ability to understand risks.
• Sharp analytical skills including the ability to synthesize quantitative and qualitative data for decision making.
• Proven track record in strong delivery.
• Demonstrated ability to anticipate areas of senior management concern, integrate different perspectives, and respond accordingly, including presenting to senior leaders.
• Demonstrated ability to find creative solutions to problems and highly adaptive to new challenges.
• Demonstrated ability of strong communication, negotiation and influencing skills that can paint a compelling vision and get buy-in to same.
• Demonstrated ability to create strong relationship and a willingness to network and cultivate relationships with new and prospective groups.
• Fast Pace Environment- Highly driven with an ability to work very effectively autonomously
• Cultural Dexterity- Ability to provide leadership and motivate several individuals across diverse teams.
• Acts with integrity, confidence, and accountability always.

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:

$225,000 - $275,000

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.

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