General Partner Accounting Associate

About Blackstone

Blackstone is the world’s largest alternative asset manager, dedicated to creating positive economic impact and long-term value for investors, portfolio companies, and communities globally. With $1.1 trillion in assets under management, Blackstone invests across private equity, real estate, public debt and equity, infrastructure, life sciences, growth equity, opportunistic, non-investment grade credit, real assets, and secondary funds. Learn more at www.blackstone.com and follow @blackstone on social media.

The Opportunity: General Partner Accounting Associate

As a General Partner Accounting Associate, you will hold key GAAP and Tax reporting responsibilities for our General Partner (GP) and Side-by-Side (SBS) entities. This role offers a unique opportunity to deepen your expertise in partnership accounting, encompassing both GAAP and tax perspectives, and to gain hands-on experience with critical tax forms such as Schedule K1 and various Federal and State tax returns.

Key Responsibilities

• Full accounting and reporting responsibilities for GP and SBS entities.
• Oversight of our offshore team, including daily and monthly journal entry review and related reconciliations.
• Extensive interaction with internal fund and tax accountants.
• Preparation and review of Quarterly GAAP financial statements using Investran and Oracle software.
• Preparation and review of Quarterly GAAP disclosure items.
• Fund to GP reconciliation of partner contributions and distributions.
• Preparation of Federal and State tax estimates for Blackstone insiders.
• Annual tax compliance utilizing iPACS, Investran, and Excel software.
• Annual preparation of audited SBS financial statements.
• Ensuring Sarbanes-Oxley compliance.

Skills and Qualifications

• A minimum of 3 years of relevant experience.
• Bachelor’s degree in Accounting is a mandatory requirement.
• CPA certification or public accounting experience actively pursuing a CPA is a significant advantage.
• Demonstrated strong analytical, confidence, and interpersonal skills.
• Superior proficiency in MS Excel.
• Experience in alternative asset management is a plus.
• Exceptional attention to detail and proven ability to multi-task effectively.
• A highly motivated, enthusiastic, and results-oriented individual with a strong sense of urgency and commitment to professional excellence.

Salary and Benefits

The expected annual base salary range for this position is $110,000 - $150,000. Actual base salary will be determined by individual experience, skills, qualifications, and job location. This role also includes comprehensive health benefits (medical, dental, vision, FSA), paid time off, life insurance, a 401(k) plan, and discretionary bonuses. Certain employees may also be eligible for equity and other incentive compensation.

Equal Employment Opportunity

Blackstone is committed to providing equal employment opportunities to all employees and applicants without discrimination based on 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, or any other protected class. This policy applies to all terms and conditions of employment.

Key Skills/Competency

• GAAP Reporting
• Tax Reporting
• Partnership Accounting
• Financial Statements
• Investran
• Oracle
• MS Excel
• Sarbanes-Oxley (SOX) Compliance
• Reconciliation
• Alternative Asset Management