Global Revenue, Finance Team, Associate

We are actively searching for an Associate for our Global Revenue Accounting team. The candidate will be responsible for performing selected day-to-day responsibilities of the group at BlackRock, including closing of books and reconciliation of certain accounts. The ideal candidate will be detail-oriented, highly analytical, and proactive in identifying and implementing process changes to improve accuracy, internal controls, and efficiencies. They should thrive in a fast-paced and growing environment.

Must Have

• Prepare and record monthly revenue accruals
• Prepare balance sheet and profit & loss trends along with variance analysis
• Prepare monthly balance sheet and cash reconciliations
• Liaise with fund accountants and external/internal administrators to resolve variances in AUM, advisory administrative fees, and waivers
• Prepare analysis for quarterly external reporting disclosures
• Maintain client master database and other billing related information on an ongoing basis
• Ensure strong adherence to and strengthen internal controls
• Support statutory audits by providing backups and schedules
• Implement process improvements
• Liaise with local controllers, operations, and business teams
• Assist on special requests and provide timely responses to internal departments and external parties
• Work on ad-hoc projects
• Thorough knowledge of internal controls as they relate to accounting operations of a publicly traded entity
• Proactive, detail-oriented and ability to work well in fast-paced environment
• Self-starter with the ability to set priorities and successfully multi-task
• Ability to work with large volumes of data and maintain high levels of accuracy
• Excellent verbal and written communication and interpersonal skills
• Strong work ethics
• Good qualitative, quantitative, analytical and organization skills
• Ability to prioritize tasks and ability to meet deadlines
• Good working knowledge of MS Office, especially MS Excel
• Strong understanding of accounting principles and ability to guide team members
• Ability to assess bottlenecks and implement solutions to help process and team at large
• Ability to assess control gaps and implement checks to mitigate risk

Good to Have

• Experience in working with offices in other countries
• Experience with Oracle ledger system
• Experience in handling a team

Perks & Benefits

• Strong retirement plan
• Tuition reimbursement
• Comprehensive healthcare
• Support for working parents
• Flexible Time Off (FTO)

About this role

Overview of Responsibilities

We are actively searching for an Associate for our Global Revenue Accounting team. The candidate will be responsible for performing selected day-to-day responsibilities of the group. Responsibilities include closing of books and reconciliation of certain accounts.

The ideal candidate will be detail oriented, highly analytical and pro-active with respect to identifying and implementing process change to obtain increased accuracy, improved internal controls and greater efficiencies. Additionally, the candidate should be able to flourish in an extremely fast-paced and growing environment.

Key Responsibilities:

• Prepare and record monthly revenue accruals
• Prepare balance sheet and profit & loss trends along with variance analysis
• Prepare monthly balance sheet and cash reconciliations
• Liaise with fund accountants and external/ internal administrators to resolve variances in AUM, advisory administrative fees, and waivers
• Prepare analysis for quarterly external reporting disclosures
• Maintain client master database and other billing related information on an ongoing basis
• Ensure strong adherence to and strengthen internal controls
• Support statutory audits by providing backups and schedules
• Implement process improvements
• Liaise with local controllers, operations, and business teams
• Assist on special requests and provide timely responses to internal departments and external parties
• Work on ad-hoc projects

Required Education, Training and Licenses:

Chartered Accountant / Postgraduate in Finance with 5-6 years of experience, preferably in financial services

Required experience & skills:

• Thorough knowledge of internal controls as they relate to accounting operations of a publicly traded entity.
• Proactive, detail-oriented and ability to work well in fast-paced environment.
• Self-starter with the ability to set priorities and successfully multi-task.
• Ability to work with large volumes of data and maintain high levels of accuracy
• Excellent verbal and written communication and interpersonal skills
• Strong work ethics
• Good qualitative, quantitative, analytical and organization skills
• Ability to prioritize tasks and ability to meet deadlines
• Good working knowledge of MS Office, especially MS Excel
• Experience in working with offices in other countries would be an advantage
• Experience with Oracle ledger system would be an advantage
• Experience in handling a team would be preferred
• Strong understanding of accounting principles and ability to guide team members
• Ability to assess bottlenecks and implement solutions to help process and team at large
• Ability to assess control gaps and implement checks to mitigate risk.

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.