Blackstone Life Sciences - Finance Analyst

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 $1.1 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.
 

Job Title: Blackstone Life Sciences - Finance Analyst

Job Description: The Blackstone Life Sciences (BXLS) Finance team is responsible for the investment operations, fund administration, and general finance and reporting needs of the Life Sciences group based in Cambridge, MA. The BXLS Finance team assists in the execution and management of investment transactions, monitors investment portfolios, and ensures compliance with all fund regulatory requirements. The BXLS Finance team works closely with the investment team and both internal and external stakeholders to ensure efficient, accurate investment operations and financial reporting. The BXLS Finance team is also responsible for financial planning and analysis (FP&A), performing planning, forecasting, budgeting, and analytical activities to support BXLS’ financial health, strategic initiatives, and business decisions. This primarily entails revenue and expense forecasting, sensitivity analysis, fund modeling, and preparation of earnings-related materials.

The successful candidate’s responsibilities will include:

• Assisting in the execution, settlement, and tracking of all investment transactions at the fund and portfolio investment levels
• Preparing and reviewing expense allocations, operating expense budgets, vendor expense payments, and monitoring budgeted versus actual expenses
• Coordinating with Blackstone vendor management, Treasury, deal team, and vendors directly to onboard new vendors for payment
• Assisting with the day-to-day expense allocations across adviser/firm, funds, and deals in the expense management software ensuring compliance with LPA and firm policies
• Preparing and reviewing quarterly investor statements, annual and interim financial statements and assisting with external auditors for the year-end audit process
• Preparing and reviewing internal reporting deliverables to Senior Leadership and Corporate on fund metrics and dry powder schedules
• Preparing and reviewing materials for investors, including memos, financial forecasts, meeting materials, and presentations
• Working closely with the investment team on various ad hoc requests and projects
• Collaborating with teams across the firm, including Accounting, Valuations, Tax, Legal & Compliance, Investor Relations, Audit, and the offshore team

Qualifications:

The successful candidate must have the following qualifications:

• Bachelor’s degree in finance, economics, accounting, or other business-related field
• 1+ years of experience in a finance/accounting role in a financial services firm or large corporate environment
• Understanding of investment instruments, asset classes, and investment processes
• Excellent analytical and problem-solving skills with a keen attention to detail
• Ability to work in a dynamic environment and handle multiple projects by prioritizing tasks and meeting deadlines
• Possess a strong work ethic and professional integrity, a team player
• Excellent time management skills and highly organized
• A positive attitude and strong desire to work in an entrepreneurial environment
• Effective communication skills, both written and verbal, with the ability to present complex information in a clear and concise manner

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:

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 email Human Resources at HR-Recruiting-Americas@Blackstone.com.

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.