Real Estate Finance - Financial Reporting & Reengineering, Associate

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, X, and Instagram.

Job Title: Real Estate Finance - Financial Reporting & Reengineering, Associate

Overview:

The Real Estate (“RE”) Finance group is responsible for the preparation, analysis, and presentation of performance and attribution reporting for Blackstone’s Global Real Estate Business. The Blackstone Real Estate Partners (“BREP”) Finance team plays a critical role in managing the opportunistic RE strategy’s business in conjunction with deal professionals and leadership, while collaborating with investor relations, portfolio management, and technology to drive process excellence and reporting innovation. This role offers the opportunity to work across multiple regions (U.S., Europe, and Asia) and functions, contributing to global initiatives that shape how the business tracks and communicates financial performance.

This is a unique opportunity to contribute to one of the world’s most sophisticated real estate investment platforms. The position offers visibility across global teams, exposure to senior management, and the chance to shape the future of how performance and financial data are delivered across Blackstone Real Estate.

Key Responsibilities:

Strategic Process Re-Engineering & Automation

• Partner with Blackstone’s Technology & Innovations (“BXTI”) and cross-functional teams on automation and reporting transformation projects to enhance operational efficiency across global offices (including London and Singapore)
• Identify and implement technology-driven solutions to streamline performance reporting, forecasting, and valuation processes

Valuation Reporting

• Collaborate with finance, asset management, and portfolio management teams worldwide to prepare quarterly valuation materials for senior management and valuation committees
• Ensure accuracy, consistency, and timeliness in reporting across over 350 active investments

Forecasting & Performance Analytics

• Develop and enhance systematic models to forecast future realizations, carried interest, and performance fee outcomes across the global BREP portfolio
• Perform sensitivity analyses and scenario modeling to inform management decision-making

Internal & External Reporting

• Work closely with investor relations and portfolio management to automate and produce quarterly and ad-hoc reports for internal stakeholders and external investors
• Contribute to the development of dashboards and analytics that provide real-time performance insights

Special Projects

• Participate in strategic initiatives as the business evolves, supporting efforts such as fund launches, technology integration, and cross-platform coordination

Qualifications:

• Undergraduate degree in Finance, Accounting, Economics, or a related field with strong record of academic achievement
• 3+ years of experience in a financial analytics, advisory, consulting, or valuations related role
• Effectively collaborates across teams, summarizes complex issues, and drives actionable insights
• Strong Excel and financial modeling skills, including experience working with large data sets and validation processes
• Exposure to valuation, waterfalls, and fund performance metrics preferred
• Experience with Anaplan, Power BI, or similar reporting tools is a plus
• Exceptional attention to detail, analytical rigor, and skills managing multiple priorities under tight deadlines
• Highly motivated self-starter with a strong work ethic, intellectual curiosity, and commitment to continuous improvement

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:

$105,000 - $150,000

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 and benefits offered in connection with the role consist of comprehensive health benefits, including but not limited to medical, dental, vision, and FSA benefits; paid time off; life insurance; 401(k) plan; and discretionary bonuses. Certain employees may also be eligible for equity and other incentive compensation at Blackstone’s sole discretion.

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 contact Human Resources at 212-583-5000 (US), +44 (0)20 7451 4000 (EMEA) or +852 3656 8600 (APAC).

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.