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Blackstone Mortgage Trust (BXMT) Controller, VP

Company:
Blackstone
Location:
New York City, NY
Posted:
May 09, 2024
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Description:

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 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 Follow @blackstone on LinkedIn, Twitter, and Instagram.

Job Overview:

In this role, the Controller will focus on financial reporting and accounting for BXMT. Responsibilities include oversight of BXMT's SEC reporting, accounting policy, monthly close, SOX compliance, and external audit processes. The Controller will directly mange a team of three and work closely with colleagues in the FP&A operations, and legal teams to drive BXMT's financial reporting. The Controller will regularly work with the broader investment, capital markets, and asset management teams supporting BXMT.

Job Description:

Lead the accounting and reporting function for BXMT, with a focus on SEC reporting, accounting policies, and monthly close processes

Review workpapers, memos, and journal entries prepared by team members; direct focus on complex accounting matters such as CECL reserves, consolidations, and non-US subsidiaries

Directly manage three team members; oversee 6 dedicated offshore team members

Understand new transactions, accounting guidance, and regulations to determine appropriate accounting and disclosure conclusions

Primary contact for internal / external auditors; manage SOX and external audit processes

Partner with portfolio operations team for loan and financing accounting matters

Oversee treasury function, supported by Blackstone treasury and accounts payable teams

Liaise with investment, capital markets, and asset management professionals to facilitate new transactions or accounting-driven analysis

Provide support for public securities offerings and financing transactions

Qualifications:

Blackstone seeks to hire individuals who are highly motivated, intelligent, have sound judgment, and have demonstrated excellence in prior endeavors. The successful candidate must have:

BS (or above) in Accounting with a strong academic record; CPA license strongly preferred

10+ years of experience is required; public audit experience is strongly preferred

Prior work experience in the financial services and/or real estate industries is required

Prior work experience with SEC registrants (either audit or accounting) is required

Strong written and verbal communication skills

Strong analytical and quantitative skills, particularly using Excel

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:

$175,000 - $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. 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 .

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.

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