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.