Blackstone Credit & Insurance - BDC Controller, Vice President
: Job Details :

Blackstone Credit & Insurance

Blackstone Credit & Insurance (“BXCI”) is one of the world's leading credit investors. Our investments span the credit markets, including private investment grade, asset based lending, public investment grade and high yield, sustainable resources, infrastructure debt, collateralized loan obligations, direct lending and opportunistic credit. We seek to generate attractive risk-adjusted returns for institutional and individual investors by offering companies capital needed to strengthen and grow their businesses.

Job Title: BDC Controller, Vice President

The BDC Controller will be a leader of the accounting, finance and financial reporting for Blackstone Credit's business development company (BDC) investment advisory business. Blackstone Credit manages BXSL (a publicly traded BDC) and BCRED (a continuously offered non-traded BDC).

The principal responsibilities for supporting the BDCs include:

• 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

Qualifications:

• Undergraduate degree
• CPA license is required
• 8+ years of 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

Expected annual base salary range: $150,000 - $225,000

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.