Real Estate Finance - Reengineering, AVP

Real Estate Finance – Reengineering AVP

Blackstone is a global leader in real estate investing. Blackstone's real estate business was founded in 1991 and has US $325 billion of investor capital under management. Blackstone is the largest owner of commercial real estate globally, owning and operating assets across every major geography and sector, including logistics, data centers, residential, office and hospitality. Our opportunistic funds seek to acquire undermanaged, well-located assets across the world. Blackstone's Core+ business invests in substantially stabilized real estate assets globally, through both institutional strategies and strategies tailored for income-focused individual investors including Blackstone Real Estate Income Trust, Inc. (BREIT). Blackstone Real Estate also operates one of the leading global real estate debt businesses, providing comprehensive financing solutions across the capital structure and risk spectrum, including management of Blackstone Mortgage Trust (NYSE: BXMT).

The Real Estate ("RE") Finance team is responsible for the preparation of financial performance, forecasting, and valuation reporting of the RE business. The team primarily provides support to business management and investment professionals while addressing a variety of investor relations, management reporting, and operational priorities. The AVP would be responsible for supporting technology initiatives across the RE finance team.

Responsibilities:

• Reengineering Advancements: Partner with finance and technology teams on strategic business initiatives and automation projects to enhance and streamline reporting processes on a global scale. This role involves UAT activities (testing, documentation, and support), data migration (planning, execution, and validation), and data governance. Areas of focus (which may change with business needs) include:
• Project management: Develop and maintain project tasks and timelines and prepare management updates
• Performance fee calculation: Validating and building performance fee "waterfall" models and systems to support both actual and hypothetical scenarios
• Business performance reporting: Expanding and testing systems used to summarize global RE business results for senior leadership
• SEC reporting: Develop technology pipeline to streamline data from system of origin to system of reporting for public company reporting
• Database governance: Implement processes and procedures to build user confidence in system data. Responsible for data migration, validation, and governance

Qualifications:

• Undergraduate degree in Finance, Math, Accounting or Economics
• Strong academic record
• 5+ years in a business analyst, project management, consulting, or Private Equity / Real Estate role
• Strong written and verbal communication skills; effectively conveys complex topics clearly to a non-technical audience
• Collaborate across teams, summarize issues, develop recommendations, and make decisions
• Strong Microsoft Office skills (MS Excel, MS PowerPoint and MS Word);
• Experience building and working with large data validation files (Pivots, V-Lookups)
• Strong analytical, problem solving and critical thinking skills
• Detail-oriented, effectively multitasks and delivers under tight deadlines;
• Self-starter with a strong work ethic that thrives on complexity and solution finding

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: $130,000 - $200,000. 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. 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, 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.