Vice President, Corporate Investment Accounting

About this role

Business Unit Overview:

 BlackRock Finance consists of finance professionals in disciplines including Financial Planning & Analysis (FP&A), Treasury, Tax, Finance Controls, Sourcing and Vendor Management, Finance Platform Support and Controllers. Treasury Accounting, which is included within Controllers, is a team with presence in Atlanta, Mumbai, and New York, responsible for corporate investment accounting activities globally.

 

Job Purpose/Background:

The Investment Accounting Team is responsible for the monthly accounting and reporting of BlackRock’s corporate investment portfolio, derivatives, fund consolidations, minority investments, and external debt. The Vice President will lead the day-to-day product and minority investment accounting, including the preparation of supporting schedules used for the Firm’s 10-Q/10-K disclosures.

 

Key Responsibilities:

• Integration of new business to smoothly onboard investments to the team’s business processes and controls

• Preparation and review of supporting schedules used for the Firm’s 10Q and 10K reporting

• Assist in the reporting of monthly non-operating income to management

• Preparation and review of funds’ consolidations and deconsolidation

• Accounting for the Firm’s strategic minority investments

• Accounting and reporting for debt and derivatives

• Partnering with the business/stakeholders to gain understanding/improve end to end processes

• Participate in testing and other ad hoc projects, including technology enhancements

• Partnering with business management and global accounting service teams to resolve queries and enhance controls

Development Value:

• This is a globally focused role in a team which is core to Finance Controllers. The role interacts with both Finance and non-Finance teams around the globe providing opportunity to understand business growth and product development while developing key relationships

• This role will provide the candidate with the scope to effect positive change to the control environment by harnessing system capabilities and constantly evaluating processes and procedures to create value for the Firm

 

Knowledge/Experience:

• Minimum 10 years of experience, combination of work experience in either Fund Accounting and Administration, Corporate Accounting, or public accounting (preferably in the “Big 4”)

• Advanced understanding of investment products and related accounting topics

• Knowledge of Oracle Financials, Aladdin, and Coupa is desirable but not essential

• Strong working knowledge of Microsoft Office products

 

Competencies:

• Detail oriented and have the ability and willingness to work in a rapidly changing and challenging environment

• Excellent written and verbal English language communication skills

• Self-motivated team member

• Proven ability to lead highly motivated teams and individuals

• Ability to recognize and resolve problems

• Customer oriented

• Ability to meet tight time schedules

• A positive and ‘can-do’ attitude

For New York, NY Only the salary range for this position is USD$130,000.00 - USD$173,500.00 . Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, 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.