Cash and Asset Reconciliation Analyst - Delaware

About this role

About the Team

The Outsourced Provider Services provides accounting & reporting services to over 30 accounting clients. We provide services including the preparation of monthly accounting packages and quarterly footnote schedules, reconciliation of cash and positions, and calculation of portfolio performance.

The Role

The Reconciliation Analyst will be responsible for reconciling cash balances, transactions and positions, researching and timely resolving differences, preparing reconciliations, and recommending and implementing operational improvements to ensure efficient and accurate processes on behalf of the Insurance Accounting clients.

Primary Responsibilities Include:

• Completing day to day assigned tasks, including, control reports, cash and position break resolution, inbox and dashboard monitoring, client and portfolio data maintenance, and daily subscription/redemption activity.

• Providing high quality client service externally and internally. Address inquiries, perform controls, resolve problems, and mitigate risks for clients and internal BlackRock partners.

• Preparing, and/or reviewing reconciliations between BlackRock, Asset Manager, and Custodian Bank. Includes researching differences and resolving them in a timely and accurate manner

• Performing ongoing maintenance of the existing accounts to reflect client or account level changes.

• Working with external service providers, internal team members and other BlackRock groups to resolve issues, as identified.

• Your role is to assist in special projects and initiatives to improve the service offering

Skills Required:

• The ability to prioritize and balance multiple requests without losing sight of our overall objectives and deadlines

• You possess strong decision-making skills to make well-thought-out decisions based on the information provided and to obtain further assistance/clarification when necessary

• You can multi-task and perform in a high performance, high demand environment!

• Take the initiative to follow up on issues – identify what needs to be done and act

• Ability to multi-task, balance multiple priorities and meet deadlines in a fast-paced and evolving team

• You are organized and detail oriented with strong time management skills!

• You can work in an ambitious, team oriented environment and quickly adapt to an ever-changing business

• You have strong knowledge of equity and fixed income securities and derivative products

• Proficient in Microsoft Office and have an aptitude for learning new applications (SQL)

​Preferred:

• A four-year degree is required in Finance, Accounting, Information Technology, or Economics

• Understand upstream processes impactful to the reconciliation and develop ability to correlate the effect of change

• Flexible and open to accepting new challenges

• Able to work effectively and efficiently on multiple projects at a time in a dynamic, demanding and ever-changing environment while maintaining the highest standard and attention to detail

For Wilmington, DE Only the salary range for this position is USD$66,500.00 - USD$85,000.00 . Additionally, employees are eligible for an annual discretionary bonus, and benefits including heath care, leave benefits, and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance.

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.

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

BlackRock is proud to be an equal opportunity workplace. We are committed to equal employment opportunity to all applicants and existing employees, and we evaluate qualified applicants without regard to race, creed, color, national origin, sex (including pregnancy and gender identity/expression), sexual orientation, age, ancestry, physical or mental disability, marital status, political affiliation, religion, citizenship status, genetic information, veteran status, or any other basis protected under applicable federal, state, or local law. View the EEOC’s Know Your Rights poster and its supplement and the pay transparency statement.

 

BlackRock is committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process, please email [email protected]. All requests are treated in line with our privacy policy.

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.