Director, General Accounting / Corporate Controllers - New York

About this role

About BlackRock

Elevate your career by joining the world’s largest asset manager! At BlackRock, we foster an environment that values positive relationships and recognizes outstanding performance. With over $11 trillion in assets, we empower millions of investors to save for retirement, pay for college, buy a home, and improve their financial well-being. We are committed to innovation and excellence, and we strive to engage our employees in our collective success.

Team Overview

The Alternative Fund Controllers team is a vital component of the Global Alternative Operations team. We concentrate on all aspects of fund controller for the Alternative Funds managed by BlackRock. Our completely coordinated alternative investment capabilities enable us to bring to bear BlackRock’s extensive resources in risk management, product development, client service, and operational support.

Role Responsibility

As a Director within the Alternative Fund Controllers team, you will:

• Collaborate with Alternative Operations and Private Markets leadership to improve the operating model for private funds, incorporating best-in-class processes and innovative technology.

• Partner with client-facing teams to support client due diligence meetings and requests.

• Work closely with Portfolio Management, Operations, and Client Servicing/Reporting teams to develop a robust operating model for the Alternatives platform.

• Serve as the main point of contact for critical issues with our business partners.

• Coordinate process re-engineering to identify risk areas, implement scalable solutions, and drive efficiencies.

• Develop mechanisms to monitor business as usual (BAU) processes and produce platform-wide metrics to better understand the highest areas of risk in our oversight model.

• Provide thought leadership and guide the team towards increased independence in BAU and fund ownership.

• Engage team members in career development conversations to promote growth and skill improvement.

• Collaborate with external fund administrators to improve controls, reduce operational risk, and increase accuracy.

• Participate in health checks to evaluate operational frameworks for efficient service from administrators.

• Resolve operational issues in collaboration with external service providers, internal team members, and other BlackRock groups.

• Actively participate as a voting member on private valuation committees for direct co-investments.

• Ensure process documentation and controls are regularly updated and reviewed.

• Lead cash management and credit facility meetings with senior team members within the Alternatives platform.

• Engage in new product onboarding with Product Oversight and Fee Oversight teams, including a detailed review of draft legal documents, especially fee mechanics.

Experience

• 15+ years of experience in consulting, portfolio management, operations, fund accounting, or related areas with a focus on private funds and private markets investments.

• Former big-4 audit and lead controller experience in the alternative asset industry is preferred.

• Proven ability to lead a distributed team of 30+ individuals with strong people management skills.

• Bachelor’s degree in finance or accounting or equivalent experience is required; CPA preferred.

• Understanding of systems and data architecture is essential.

• Familiarity with eFront and/or Aladdin is a plus.

• Excellent written and oral communication skills.

• Ability to multi-task in a fast-paced environment.

• Highly organized and adaptable to variable deadlines.

• Strong analytical and problem-solving abilities.

• Demonstrated success in high-performance or high-demand environments.

• Initiative and a willingness to contribute beyond the scope of the role to achieve team and firm objectives.

For New York, NY Only the salary range for this position is USD$194,000.00 - USD$270,000.00 . 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 rela