Fund Accounting, Associate

About this role

Job Purpose / Background

The Investment Accounting Group (IAG) provides accounting and regulatory data services to clients who have outsourced their accounting function to BlackRock. IAG is currently embarked on an exciting program of work to develop our accounting operating platform and to extend asset class coverage.

We are seeking an Associate to become part of a team that will embrace your skills, eagerness, and passion while giving you the freedom to grow professionally. The successful candidate will be responsible for delivering outsourced financial accounting services to companies who are clients of BlackRock Solutions.

Role Responsibilities:

1. Management of Client Relationships from accounting perspective
2. Build relationships and be an excellent partner through regular communication with key personnel at each client to effectively lead client expectations
3. Meet with senior partners to discuss overall relationship, new initiatives, accounting questions and concerns, client relationship targets, etc.
4. Conduct regular business reviews to ensure clients are satisfied with the service offering and acquire feedback
5. Prepare for and host regular client meetings/relationship reviews; ensure each meeting is detailed and follow-up items addressed
6. Develop action plans to address and advance feedback provided by the client
7. Develop strong understanding of assigned clients - including portfolio structure, objectives, and accounting requirements
8. Assist clients in various ad-hoc analyses and provide input relating to the treatment and impact of accounting pronouncements and reporting requirements
9. Provide clear concise feedback to client requests
10. Serve as a liaison between the client and the various BlackRock teams assigned to support the client to ensure excellent client service and client satisfaction
11. Distribute accounting updates, service model improvements, and industry thought leadership topics to clients

Experience Required:

The successful candidate will have experience and proven understanding as it relates to various investment types, accounting and financial reporting across multiple accounting basis (GAAP, STAT, IFRS, French GAAP etc.) along with a strong client service focus.

1. BS degree in Finance or Accounting; or related experience
2. 4+ years of financial/accounting work experience preferred
3. Knowledge of insurance and disclosure reporting
4. Understanding of investments such as fixed income, derivatives, alternatives, mortgage loans, equities, etc.
5. Familiarity with GAAP/STAT/IFRS financial documents and accounting policies for investments
6. Effective communication skills to deal directly with clients and across all levels of staff and management
7. Ability to prioritize assignments without losing sight of overall objectives and deadlines and time management skills
8. Strong decision-making skills to make well thought out decisions based on information provided
9. Strong attention to detail and project management skills
10. Ability to work in a fast paced, deadline driven environment
11. Solid understanding of Microsoft office products
12. Travel to clients as needed

Our benefits

To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.

Our hybrid work model

BlackRock's hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person - aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.

About BlackRock

At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. Our clients, and the people they serve, are saving for retirement, paying for their children's educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.

This mission would not be possible without our smartest investment - the one we make in our employees. It's why we're dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.

BlackRock is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to age, disability, family status, gender identity, race, religion, sex, sexual orientation and other protected attributes at law.