Real Estate Finance, Vice President - Blackstone Digital Infrastructure Trust (BXDC)

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.

Business Unit Overview

Blackstone is a global leader in real estate investing. Blackstone’s real estate business was founded in 1991 and has US $315 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).

Blackstone Digital Infrastructure Trust, Inc. (“BXDC”) is a newly launched, NYSE-listed data center investment REIT.

Job Overview

The Vice President will be a key member of the BXDC Finance team and will support the finance, accounting, reporting, and operating infrastructure of BXDC. This individual will work closely with BXDC Finance leadership and partner with teams across Blackstone Real Estate, including acquisitions, capital markets, asset management, portfolio management, investor relations, legal, tax, and operations.

The VP will help manage accounting processes, SOX controls, public company reporting, board and earnings materials, internal reporting, investment activity, and capital markets initiatives. The role requires a strong accounting and reporting background, sound judgment, attention to detail, and the ability to manage multiple stakeholders and workstreams in a fast-paced environment.

Responsibilities

• Support the execution and ongoing enhancement of BXDC’s accounting policies, accounting processes, SOX control framework, and financial reporting processes.
• Manage key workstreams related to monthly, quarterly, and annual close processes.
• Review and analyze investment-level and corporate-level financial results to ensure accuracy, completeness, and consistency for management and external reporting.
• Support preparation and review of recurring public company reporting deliverables, including earnings materials, board materials, Form 10-Q/K filings, and other internal and external reporting packages.
• Partner with internal and external teams to review and validate investment activity, acquisition activity, valuation activity, debt activity, capitalization matters, and corporate-level activity.
• Assist with accounting conclusions for judgmental areas, including investment acquisitions, consolidations, new accounting policies, and other technical accounting matters.
• Coordinate with Blackstone finance, tax, operations, legal, investor relations, capital markets, acquisitions, asset management, and portfolio management teams on matters impacting BXDC.
• Support Finance leadership with investment closings, capital raising activity, external shareholder communications, and other strategic initiatives.
• Prepare analyses and materials for senior management, the Board, Audit Committee, auditors, rating agencies, investors, and other stakeholders.
• Help manage relationships with external service providers, including auditors, administrators, consultants, and other third-party support resources.
• Supervise, develop, and mentor junior team members, including reviewing work product and providing day-to-day guidance.
• Identify and implement opportunities to improve processes, controls, reporting workflows, and operating scalability.
• Assist with ad hoc analyses, presentations, and special projects for BXDC Finance leadership and Blackstone Real Estate leadership.

Qualifications

• BS or above in Accounting or Finance.
• CPA required.
• 10+ years of public and/or private accounting experience, preferably with a mix of public accounting and industry experience.
• Experience with public company reporting, accounting, and/or auditing required.
• Real estate, REIT, asset management, and/or financial services experience strongly preferred.
• Strong understanding of GAAP, SEC reporting, internal controls, and SOX requirements.
• Strong written and verbal communication skills, with the ability to interact effectively with senior stakeholders, auditors, and cross-functional teams.
• Highly organized, proactive, detail-oriented, and able to drive projects to completion.
• Strong relationship management, time management, and problem-solving skills.
• Experience managing and mentoring junior professionals preferred.
• Ideal candidates will demonstrate sound judgment, intellectual curiosity, a strong work ethic, and a commitment to excellence.

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:

$150,000 - $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.

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.

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