Global Tax Compliance - BXMA - Assistant Vice President

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 Description & Responsibilities:

The Tax Assistant Vice President will provide domestic and international investment and tax compliance support for Blackstone’s Multi-Asset Investing (“BXMA”) funds. This individual will help implement best practices for compliance and reporting as they relate to BXMA’s business as well as:

•        Review entity level book to tax calculations, tax returns, tax allocations, and K-1s for federal and multi-state at the investment and feeder fund levels (for partnership, corporations, and mutual funds).

•        Coordinate with third party fund accountants, financial reporting, and tax advisors to ensure proper accounting of transactions.

•        Identify potential tax issues upon investment acquisition or disposition.

•        Assist in new product development, including modeling tax leakage, leading discussions on intended fund structure, and understanding investor concerns.

•        Review trading activity and securities analysis reports for tax adjustments including wash sales, constructive sales, and straddles.

•        Respond to tax authority requests, including handling of notices received from taxing authorities.

•        Assist in tax audits for various jurisdictions.

•        Research domestic and foreign tax reporting issues.

•        Assist with tax compliance for funds in other business units, including retail and co-investment products.

•        Respond to Limited Partners' tax inquiries or ad-hoc requests, including but not limited to investment IRR and due diligence questionnaires.

•        Supporting Finance team & liaising with other business units, as needed.

•        Identify areas of risk and opportunities for efficiency.

Qualifications:

Blackstone seeks to hire individuals who are highly motivated, intelligent and have demonstrated excellence in prior endeavors as well as:

•        5+ years of Big 4 tax experience in the alternative asset management industry (Investment Partnership Preferred).

•        Undergraduate degree in Accounting, Finance, or Business-related field.

•        Partnership tax experience preferred.

•        CPA or graduate degree preferred.

•        Strong analytical skills and work with complex data to drive decision-making.

•        Produce timely and accurate allocations with an emphasis on the importance of supporting work paper documentation.

•        Team player.

•        Effective verbal and written communicator.

•        Highly organized and proactive.

•        Work effectively in a fast-paced and dynamic culture, and take initiative and be hands-on.

•        Professional integrity of the highest order.

•        Strong work ethic, responsiveness, and passion for learning.

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:

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.