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Blackstone Credit & Insurance – BDC Controller – Vice President

Blackstone Credit & Insurance – BDC Controller – Vice President

CompanyBlackstone
LocationNew York, NY, USA
Salary$185000 – $250000
TypeFull-Time
DegreesBachelor’s
Experience LevelSenior, Expert or higher

Requirements

  • Undergraduate degree
  • CPA license is required
  • 8+ years of or work experience (public/private accounting mix preferred)
  • BDC product experience required (non-traded BDCs a plus)
  • SEC reporting experience required
  • Strong internal financial controls awareness
  • Excellent interpersonal and communication skills
  • Ideal candidates would have a commitment to excellence in their work product and a desire to learn and grow as a professional

Responsibilities

  • Managing teams responsible for day-to-day accounting, administration, and reporting of the business development companies
  • Overseeing internal accounting team and working directly with the third-party administrator to determine the fund’s monthly NAV
  • Reporting directly to the chief accounting officer of the BDCs and working closely with the chief financial officer of the BDCs
  • Preparing the analysis of fund returns and delivering regular management deliverables on fund performance and key fund metrics
  • Monitoring compliance with the SEC and IRS regulatory tests applicable to BDCs, in coordination with legal, compliance and tax teams
  • Preparing 10-K/10-Q and other SEC filings. Performing research on new transactions and new accounting pronouncements and assess their impact on financial statements
  • Working closely with Operations, Product Control and Valuations teams to ensure consistency between internal accounting systems and administrator data and accurate reporting of fund investments and P&L
  • Partnering with the investment and business teams to support fund analytics, including maintaining the BDC financial model, liquidity management, and portfolio manager reporting
  • Preparing materials and presenting to the BDC Board of Directors
  • Coordinating with technology teams to improve automation of manual processes
  • Establishing and maintaining an appropriate internal control framework

Preferred Qualifications

  • Commitment to excellence in their work product
  • Desire to learn and grow as a professional