Associate, Investment Accounting and Performance

About this role

Company Name: BlackRock Financial Management, Inc.

Position Title: Associate, Investment Accounting and Performance

Location: 100 Bellevue Parkway, Wilmington, Delaware 19809

Summary of Duties: Conduct portfolio valuations, performance calculation and analysis; calculation of Net Asset Value (NAV) using appropriate accounting systems for institutional separate accounts. Write SQL queries for maintaining and analyzing data within the accounting system and related tables. Work closely with all departments of BlackRock to ensure accuracy of the Net Asset Value (NAV) calculation and Performance. Maintain client relationships effectively by supporting sales team in servicing clients. Prepare and provide extensive reconciliation with custodian banks and accounting agents to prevent/resolve Net Asset Value (NAV) /Performance discrepancies. Maintain BlackRock's relationship with third parties such as custodian banks, accounting agents, consultants, and auditors. Assist in re-engineering BlackRock's operating environment that includes developing specifications for transaction processing, streamlining existing processes, and participating in various automation projects to enhance productivity and controls. Participate in the training process of newly hired professionals and interns. Prepare, review, and provide ad-hoc reports to clients or custodian/accounting agents as necessary. Participate in testing and implementation of accounting software updates straight-thru processing and research and reconciliation tools. Work as active lead member on the project Outsourcing Chief Investment Officer project. Work actively to enhance tools such as Accounting and Performance (APM).

Qualifications: Master's degree in Engineering (any field), Information Systems Technologies, or related field, and three (3) years' experience as an Analyst, Investment Performance; Business Analyst; or related role. Employer will also accept a Bachelor's degree in Engineering (any field), Information Systems Technologies, or related field, and five (5) years' experience as an Analyst, Investment Performance; Business Analyst; or related role. Three (3) years' experience with: writing simple and complex SQL queries to support valuation processes; applying investment accounting principles to complete Net Asset Value (NAV) and performance calculations supporting portfolios monthly; validating portfolio performance calculations and ensuring compliance with GIPS standards; working with multiple asset classes, including Equity, Fixed Income and Derivatives, to ensure proper accounting treatment in Net Asset Value (NAV) and performance calculation for clients; analyzing and interpreting large data sets to research and resolve issues or client inquiries; reconciling data between internal systems and client service providers and researching and resolving complex exceptions or accounting issues; and utilizing software applications, including Microsoft suite of products or Aqua Data Studios. Must have five (5) years' experience with aforementioned skills if qualifying with a Bachelor's degree.

To Apply: visit https://careers.blackrock.com/ and click on "Apply."

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.