Veterans Transition Program-Associate, Alternatives Fund Accounting

About this role

Veterans Transition Program-Associate Alternatives Fund Accounting

We recognize that veterans bring a unique and valued perspective to BlackRock thanks to their extraordinary backgrounds and experiences.  The Veterans Transition Program is designed to support veterans in making the transition from military life to the civilian workforce. The Program offers participants the opportunity to work at the world’s largest asset manager for six months. On completion of the Program, successful participants will be offered permanent employment at BlackRock.

Over the course of the Program, participants will:

• Join teams and have an immediate impact;
• Immerse themselves in the work of their teams;
• Gain an understanding of how BlackRock serves its clients;
• Be supported through training and mentorship;
• Get exposure to senior leaders;
• Participate in social and networking opportunities.

Program Structure:

The program begins with an orientation where you’ll learn about BlackRock’s principles, mission, purpose, and culture. You’ll learn about the asset management industry and get an in-depth look at how BlackRock serves its clients.  Following orientation, you’ll join your team and gain insights into the day-to-day life of an Associate as you develop subject-matter expertise through on-the-job learning and our industry-leading technology, Aladdin.

Team Overview

The Global Accounting and Product Services (GAAPS) division is responsible for providing operational support to BlackRock’s portfolio management teams and clients. GAAPS is central to BlackRock’s operations in providing subject matter expertise, monitoring fund administrator service delivery in relation fund accounting and financial reporting, monitoring operational capacity for new products, contributing to projects in relation to product launches and collaborating closely with fund administrators, auditors, fund directors and portfolio managers. The group comprises of a number of teams and is organized both functionally and regionally.

Role Responsibilities

• Acting as Controller for multiple products within open ended and close ended Fund accounting domain.

• Primary responsibilities relate to ensuring successful end to end NAV review sign off, performance fee analysis, cash flow analysis, capital activity including distributions and capital calls, vendor and corporate invoicing.

• Partner capital account statement and Financial Statement review analysis.

• Ensuring smooth delivery of Audit and Regulatory reporting.

• Support new product launches and liquidation.

• Ensuring smooth input and reconciliation of data received from third parties into internal systems.

• Lead collaboration with external service providers, internal team members and other BlackRock groups to resolve operational issues, as identified

• Actively ensure a best in strong in-class control environment exists internally in an oversight capacity and externally within our 3rd party administrators.

Experience

• 3-5 years of investment / fund accounting experience preferred.

• Bachelor’s degree in accounting (strongly preferred) or Finance. CA, CMA, CPA a plus.

• Excellent communication skills (written and verbal).

• Accurate and effective accounting skills including knowledge of GAAP and financial documents.

• Sound analytical and problem-solving skills.

• Ability to effectively time manage projects and team members, work under pressure, and produce results.

• Proficient in Microsoft Office products, with a focus on Excel.

Where will I be based?

This role will be based in our Wilmington, Delaware office

Program Eligibility:

• Minimum of 2 years of Active Uniformed service
• <5 years of civilian work experience
• Bachelor’s degree obtained pre- or post-military service
• Open to all U.S. Veterans, regardless of rank or branch of service
• Must be able to commence employment in October 2025

Application Deadline:

• June, 27 2025

For Wilmington, DE Only the salary range for this position is USD$85,000.00 - USD$117,500.00 . 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 in