Investment Accounting Associate

About this role

The Investment Accounting Group provides accounting and reporting services to our clients. We provide services including the preparation of monthly accounting packages and quarterly footnote schedules, reconciliation of cash and positions, and calculation of portfolio holdings. The Investment Accounting team will be responsible for ensuring accurate cash balances, transactions, and timely resolution of differences to ensure efficient and accurate processes for our clients.

Main tasks

• Daily activities such as daily/weekly/monthly accounting and portfolio data maintenance
• Delivery of high-quality customer deliveries for both internal and external customers and internal BlackRock partners
• Preparation and/or review of reconciliations between BlackRock, asset managers, and custodian banks. This includes researching discrepancies and resolving them promptly and accurately.
• Ongoing maintenance of existing accounts to reflect net assets, market data, and accounting events/settlements
• Collaborate with external service providers, internal team members, and other BlackRock groups to resolve identified issues
• Their role is to provide support for special projects and initiatives aimed at improving the range of services offered.

Required skills

• The ability to prioritize and balance multiple projects without losing sight of the overall goals
• 1-5 years of professional experience
• Strong decision-making skills to make well-considered decisions on a daily basis and the ability to focus on the information provided and obtain further support/clarification where necessary
• Multitasking and effective prioritization of tasks
• Initiative to enforce and act
• Multitasking, balancing multiple projects and deadlines
• Ability to work in a team-oriented, evolving company
• Strong understanding of derivative products
• Proficient in Microsoft Excel and interested in new applications

Preferred qualifications

• A four-year degree in finance, accounting, information technology, or a related field
• Understanding of upstream processes that affect reconciliation and ability to correlate the impact of changes
• Flexible and open to new challenges, able to work effectively and efficiently on multiple projects simultaneously in a demanding and fast-paced environment, while maintaining the highest standards and attention to detail.

Our services

To help you stay energized, engaged, and inspired, we offer a wide range of benefits, including stock ownership, comprehensive healthcare, support for working parents, and Flexible Time Off (FT) so you can recharge, relax, and care for the people who matter most to you. FT includes 20 days of vacation, plus 10 holidays, plus 2 floating holidays (or 12 days of vacation if you are newly hired and not yet eligible).

Our hybrid working model

BlackRock's hybrid work model enables collaboration and personal connection with colleagues while supporting individual work preferences. This means you can work from anywhere 1-2 days per week and come into the office on days that align with our core business needs. On days when you are in the office, you can look forward to:

• A dynamic environment where you can connect with our core team
• As a new employee, you can look forward to an onboarding experience.