Blackstone is the worlds 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 $1.1 trillion in assets under management include investment vehicles focused onprivate 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 information is available at . Follow @blackstone onLinkedInX andInstagram.
Business Unit
International Finance Singapore
Job Title
Associate
Global Finance Function
The Finance team at Blackstone comprises of Finance Internal Audit Treasury and Tax functions.
International Finance manages the financial regulatory and tax reporting requirements of all Blackstone Group entities based outside the US. International Finance has teams in Brazil Hong Kong Luxembourg Mumbai Singapore and Tokyo. Our vision is to be:
- Flawless at Control
- Efficient Controllers
- Value-add Business advisors
Job Description
Blackstones International Finance team is seeking an Associate to assume responsibility with limited supervision for a broad spectrum of the accounting and reporting procedures for the Group and for the respective House Entities in scope.
Candidates should have minimum 5 years of public and/or private accounting are expected to exhibit strong technical and analytical skills as well as exceptional communication skills. Candidates should be energetic self-motivated and a team-oriented individual with fresh ideas and innovative solutions who will thrive on challenge in a fast-paced dynamic environment.
Specific Responsibilities
Key responsibilities include but are not limited to:
- Take lead in the Firms periodical closing and reporting procedures while responding to ad-hoc inquiries from management or other business teams. Responsible for preparing any Financial Tax or Regulatory reports & surveys and internal forecasts and analysis.
- Stabilize the transition of APAC Finances tasks to Blackstones Center of Excellence (COE)
- Review recurring tasks conducted by the COE which covers;
o Monthly journals preparation and close processes
o Reviewing employees T&E compliance with internal and regulatory financial policies
o AP processing
o Intercompany payables / receivable settlements
o Monitor and review accounting reports for accuracy and completeness. Reconcile and resolve any accounting discrepancies
o FA processing
o Managing treasury management and foreign exchange analysis
- Manage train and develop COE staff with accounting and operational work
- Coordinate with independent auditors for audits and tax accountants for tax filing procedures
- Actively participate in regional / domestic projects to enhance controls processes and/or system efficiency
- Collaborate on a daily basis with Accounts Payable Treasury Compensation Accounting and other Finance teams in different offices across the region
- Collaborate with the Legal and Compliance team to ensure compliance with various policies and procedures
- Understand manage and review specific revenue/ investment process flows and associated accounting
- Understand and manage APAC legal entities corporate tax GST transfer pricing reporting. Experience covering Singapore Australia Greater China entities will be preferred.
- Understand and manage routine regulatory compliance reporting and ad-hoc regulatory surveys
- Ability to communicate effectively with international teams to troubleshoot issues and resolve matters
- Understand and manage accounts payable process
- Have a good understanding of technology and able to use it effectively to do the job and solve problems
Qualifications
Blackstone seeks to hire individuals who are highly motivated intelligent and have demonstrated excellence in prior endeavors. The ideal candidate would have a commitment to excellence in their work product strong time management skills and a desire to learn.
- Possesses strong work ethic sense of accountability and genuine passion for excellence
- Possesses the desire and ability to work in a fast-paced entrepreneurial environment with a positive attitude.
o Highly self-motivated and thinks thoroughly. Owns the matter - takes the extra step to voluntarily investigate.
o Capable of communicating succinctly and can solve issues with limited guidance from seniors
o Quick learner and able to quickly turnaround ad-hoc requests
o Strong analytical skills and highly organized
o Able to see the bigger picture and get to the heart of issues rapidly yet detail oriented and able to work effectively under pressure
o Interest in process optimization & identifying opportunities for efficiency gains.
o Capable of operating under pressure. Handle multiple projects while prioritizing deliverables and meeting demanding deadlines
o Capable of multi-tasking
o Independent learner
o Able to provide oversight to overseas COE team
o Investments or treasury experience a plus but not necessary
- Able to work effectively in a team environment;
o Possess personal and professional integrity
o Escalate / communicate issues or efficiency gain opportunities timely
o Possesses relationship building skills with internal and external counterparties
o Excellent interpersonal influencing skills and communication skills both written and verbal
o Ability to work seamlessly across borders
- Minimum 5 years of public and/or private accounting experience in the private equity industry fund management or treasury industry
- Undergraduate degree in Accounting. CPA or graduate degree preferred
- Proficient knowledge of Microsoft Office Suite (Excel Word PowerPoint)
- Proficient in English (write speak and read)
- Knowledge in Oracle is a plus
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.
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 (US) 44 (0)(EMEA) or(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.
Required Experience:
IC
Blackstone is the world’s largest alternative asset manager, serving institutional and individual investors by building strong businesses positioned to deliver lasting value.