BlackStone eIT
Financial Data Analyst – FP&A Technology
Job 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 www.blackstone.com. Follow @blackstone on LinkedIn, Twitter, and Instagram.
Business Unit Overview:
Blackstone Technology & Innovations (BXTI) is the technology team at the core of each of Blackstone’s businesses and new growth initiatives. Serving both internal and external clients, we work to build the next generation of systems that manage risk, create efficiency, and improve transparency within the firm and across our broad community of investors and portfolio companies.
BXTI is nimble and entrepreneurial – our open, iterative design processes and rapid pace of development mean that everyone on the team can make an impact from day one. We are problem solvers who can take projects from idea to implementation. We believe in active mentoring and developing excellence. We collaborate to find the best answers for our customers and for Blackstone. We are critical to the firm maintaining its competitive edge.
The Blackstone Technology and Innovations team is seeking a highly motivated, self-starter for the Technology & Market Data Finance team. As a member of this team, you will be responsible for managing and forecasting the technology and market expenses of the company. You will work closely with the finance team and technology leaders to develop and maintain a deep understanding of the company’s technology landscape and related costs. You will provide insights and recommendations on how to optimize technology spending and drive efficiencies in the technology expense management process. In addition, you will be responsible for working with the various teams across the firm to help drive the strategic use of technology in the company’s financial planning and analysis (FP&A) processes. You will help implement and maintain financial planning systems, perform data analysis, and develop financial models to provide insights into the company’s financial performance.
Key Responsibilities:
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Collaborate with the finance team to identify opportunities to improve financial planning processes using technology.
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Implement and maintain financial planning systems, including configuration, testing, and troubleshooting.
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Develop and maintain financial models to support forecasting and budgeting activities.
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Extract and analyze financial data to identify trends, risks, and opportunities.
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Create reports and visualizations to communicate financial insights to management.
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Continuously monitor and evaluate the effectiveness of financial planning systems and processes and recommend improvements.
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Prepare accurate monthly and quarterly forecasts. Ensure alignment of assumptions for forecasting and analysis throughout the organization
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Participate actively in the budgeting process resulting in the annual preparation of a budget including development and training of all required tools, development of underlying budget assumptions, and coordination of all activities throughout the organization.
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Lead preparation of monthly & quarterly reporting including Technology and Market Data.
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Analyze, prepare and present succinct variance analysis based on actual results to historical results, budgets, and forecasts.
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Strong presentation skills and the ability to put together sophisticated informative presentations with minimal direction and oversight.
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Communicate financial results and forecasts to key technology stake holders and line of business leadership
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Look for opportunities to improve or streamline existing processes and reporting
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Prioritize multiple deliverables and clients with competing initiatives, along with the ability to work under client demands and strict time constraints.
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Provide decision making support and improve the financial/accounting expertise throughout the organization.
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Conduct ad-hoc planning and analysis as required to support senior management.
Experience/Qualifications:
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4 + years of professional experience with Financial Data Analysis and Reporting
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Strong financial/analytical modeling and technical skills, particularly: Advanced Excel skills, PowerPoint and presentation construction/design, Strong working knowledge of data collection, data analysis, and evaluation
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Strong attention to detail and ability to manage multiple priorities.
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Strong problem-solving skills.
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Excellent communication and interpersonal skills.
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Ability to work independently and as part of a team.
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Creativity and ability to think “out of the box”
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Be a team player who is easy to work with, shows commitment and dedication, and can maintain both a positive attitude and high level of performance on high demand/time-sensitive initiatives
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Background in the technology environment is preferred.
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Experience with Tableau and Snowflake is a plus
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Sigma, Python, Anaplan would be a plus
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Bachelor’s Degree in Accounting, Finance or Business is preferred
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:
$95,000 – $160,000
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 [email protected].
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:
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Attending client meetings where you are discussing Blackstone products and/or and client questions;
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Marketing Blackstone funds to new or existing clients;
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Supervising or training securities licensed employees;
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Structuring or creating Blackstone funds/products; and
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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.