Associate, Accounting Services

About this role

The Team:

Are you an Investment Accounting professional searching for an exciting, significant, multifaceted opportunity with the world's largest asset manager? If you pride yourself on building positive relationships, developing process solutions and bringing strategic visions to fruition, then look no further! BlackRock is pursuing an Associate to become a part of the team. We recognize that strength comes from diversity, and will accept rare skills, eagerness, and passion while supporting the freedom to grow authoritatively and as an individual.

We know you want to feel valued every single day and be recognized for your contribution. At BlackRock, we strive to equip our employees and effectively engage your involvement in our success. Our technology and services empower millions of investors to save for retirement, pay for college, buy a home and improve their financial well-being. Join the team and experience what it feels like to be part of an organization that makes a difference.

Our Global Accounting & Performance team ('GAP') provides accounting and performance measurement services to clients across the financial services spectrum, from funds through to separate accounts, where a shadow accounting service is performed, and financial accounting for insurance clients.

The Role:

This role is in our Investment Accounting Services ('AS') team within GAAPS, responsible for delivering outsourced financial accounting services to companies who are clients of BlackRock Solutions. Key responsibilities of Accounting Services team include: project management of client priorities, onboarding new clients and support existing client requests, senior relationship management to maintain effective interaction with clients, development of client metrics, regular communication with clients, oversight of regulatory and accounting pronouncements to ensure compliance, and identification of operational improvements to improve the overall service offering.

The Role Responsibilities:

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

Experience Required:

The role holder should have experience and proven understanding as it relates to various investment types, accounting and financial reporting across multiple accounting basis (GAAP, STAT, IFRS, etc.) along with a client service focus or mentality.

• BS degree in Finance or Accounting; or related experience
• 4+ years of financial/accounting work experience preferred
• Knowledge of insurance and disclosure reporting
• Understanding of investments such as fixed income, derivatives, alternatives, mortgage loans, equities, etc.
• Familiarity with GAAP/STAT/IFRS financial documents and accounting policies for investments
• Effective communication skills to deal directly with clients and across all levels of staff and management
• Ability to prioritize assignments without losing sight of overall objectives and deadlines and time management skills
• Strong decision-making skills to make well thought out decisions based on information provided
• Strong attention to detail and project management skills
• Ability to work in a fast paced, deadline driven environment
• Solid understanding of Microsoft office products
• 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 current hybrid work model is designed to enable in-person connections and collaboration that is core to our culture, while supporting increased flexibility for all employees. In line with local health guidance and regulations, employees are required to work at least 3 days in the office each week, with the flexibility to work from home up to 2 days a week. Some business groups may require more time in the office due to their roles and responsibilities. The health, safety and well-being of our people will always be our top priorities; we will continue to monitor local conditions and health advisories in making decisions about our work environments.

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.

For additional information on BlackRock, please visit careers.blackrock.com | www.blackrock.com/corporate | Instagram: @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

BlackRock is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.

BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.