Strategic Incentives Group - Global Equity - 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.

Group Overview:

The Global Equity Team is responsible for the administration, operations, and reporting for the firm's equity-based compensation program. In partnership with the Global Compensation Management team, HR business partners and the business managers, the team helps determine equity-based compensation awards for professionals across the firm. We are responsible for managing the daily operations associated with managing the program and for paying distributions to unitholders in connection with the release of the firm's quarterly earnings. The team forecasts and records the equity-based comp expense and performs ad-hoc reporting associated with equity holdings and coordinates with Finance to deliver financial reporting on impact to Firm.

Job Title: Strategic Incentives Group - Global Equity, Associate

Job Description:

In this role, the Associate will be responsible for maintaining all accounting related duties associated with the firm's equity-based compensation plan. This includes the preparation of internal and external financial reporting and technical analysis to key stakeholders. This role will collaborate cross-functionally with the various teams in the Strategic Incentives Group, Finance, and SEC reporting. Responsibilities include:

• Demonstrating a strong knowledge of US GAAP and IFRS accounting principles
• Preparing and recording equity-based compensation entries to the firm's general ledger, including share amortization, dividend payments, and vesting entries
• Ensure recorded compensation reconciles with firm financial statements
• Assist with preparation of quarterly/annual footnote disclosures for 10Q/10K filings
• Perform monthly variance analysis for commentary
• Work with management on items related to equity-based compensation
• Maintain the integrity of subledger data to ensure timely and accurate financial reporting
• Provide reporting to foreign entities including graded vesting entries and statutory disclosures
• Coordinate with Tax, Legal, Payroll, and Finance teams to provide participant level reporting
• Maintain SOX compliant procedures and provide supporting documentation for audit control testing
• Manage and assist in development of offshore resource

Qualifications:

• Bachelor's degree in accounting
• 3+ years of public or financial services accounting
• Demonstrated achievement in prior endeavors
• Ability to partner across teams, summarize issues, develop recommendations, and execute solutions
• Strong attention to detail and accuracy
• Excellent communication skills, written and verbal
• Proficient in Excel
• Strong analytical and quantitative skills
• Experience with accounting software (Oracle preferred)

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:

$120,000 - $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.