GAAPS Alternatives Associate NAV Oversight - Santa Monica

About this role

GAAPS Alternatives | Associate NAV Oversight | Santa Monica

About BlackRock

Elevate your career by joining the world's largest asset manager! Thrive in an environment that promotes positive relationships and recognizes outstanding performance! We know you want to feel valued every single day and be recognized for your contribution. At BlackRock, we strive to empower our employees and effectively engage your involvement in our success. With about USD $10 trillion of assets we have an outstanding responsibility: our technology and services empower millions of investors to save for retirement, pay for college, buy a home and improve their financial well-being.

Team Overview

Global Fund & Accounting Services: Alternatives Operations supports BlackRock Alternative Investments (BAI) and over $110B of assets globally. BAI takes a dynamic approach to alternative investments, creating investment vehicles that increasingly capitalize on evolving opportunities in fast-changing markets.

Role Responsibilities

• Prepare quarterly and annual fund financial statements as well as periodic and ad hoc public filings, including forms 10-Q, 10-K and 8-K

• Perform monthly account closing procedures and net asset value production

• Prepare performance measurements, distributions, and other fund reports

• Prepare board and managerial reports and other analyses

• Ensure accurate recording of journal entries in accounting software (Advent Geneva)

• Perform cash analyses and forecasting

• Correspond with custodians and resolve outstanding issues

• Ensure timely payment of expenses and collection of interest and other investment income

• Assist with managing credit facility and financing arrangement activity

• Assist with the documentation and testing of Sarbanes Oxley controls

• Prepare quarterly rating agencies reports and analyses

• Prepare periodic lender collateral reporting and compliance reports

• Identify exceptions and other issues affecting accounting records and assist in their resolution

• Prepare audit schedules and collaborate closely with auditors

• Complete ad-hoc projects as assigned

Experience & Skills

• Bachelor’s degree in accounting, finance, or similar

• 2-5 years Big 4 accounting or fund accounting experience

• CPA preferred

• Demonstrated analytical skills

• Demonstrated detail orientation and organizational skills

• Able to work under pressure, prioritize and meet deadlines required

• Ability to work independently with minimal direct supervision

• Microsoft Office (high proficiency in Excel required)

• Advent Geneva experience advantageous

• Ability to communicate effectively

• Reliable job presence expected

 

For LA3-2951 28th Street, Suite 1000, Santa Monica Only the salary range for this position is USD$105,000.00 - USD$137,500.00 . 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 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 t