Fund Accounting Policy, Vice President - New York

About this role

Are you an Investment Accounting professional searching for an exciting, significant, multi-faceted opportunity with the world's largest asset manager? If you pride yourself on building positive relationships, developing process solutions and bringing strategic visions to fruition, then look no further! BlackRock is looking for a Vice President to become a part of the team. We recognize that strength comes from diversity, and will accept rare skills, eagerness, and passion. All the while supporting the freedom to grow authoritatively and as an individual.

We know you want to feel valued every single day and be recognized for contributions! At BlackRock, we strive to equip our employees and actively engage their involvement in our success. Our technology and services empower investors to save for retirement, pay for college, buy a home and improve their financial well-being. Join the team and experience what it feels like to be part of an organization that makes a difference.

Our Investment Accounting Group provides accounting and regulatory data services to a multitude of clients. Our accounting services include the reconciliation, tracking, accounting for assets, along with preparation and oversight of monthly packages and regulatory schedules.

The Role:

The role is an integral part of the Investment Accounting Group who is responsible for overseeing all aspects of our accounting and reporting services and meeting the needs and evolving priorities of our clients. As our business is continuing to expand we have a requirement for strong technical statutory accounting skills and knowledge to continue to extend our depth. It essential for this role to remain current on any statutory accounting policy changes relating to financial instruments and ensure proper and consistent implementation across clients. The position requires leveraging the capabilities and working closely with of other parts of the BlackRock organization. There is an opportunity for continued professional development with a career path within the group, or into other operating teams or client-facing business areas across BlackRock. Our suite of services provided to our clients offers opportunities for further personal learning, both in terms of the product types and accounting complexities, as well as the ongoing development of technical strengths.

Key responsibilities:

• Obtain and maintain a thorough knowledge of BlackRock’s capabilities, products and services for insurance companies

• Establish and maintain accounting policies that comply with US GAAP, IFRS and US Statutory requirements while being operational and actionable

• Keep abreast of and effectively communicate the implications of the evolving regulatory landscape and new accounting pronouncements to ensure best practices and compliance by our clients, across multiple bases of accounting i.e. IFRS, US Statutory, US GAAP, etc.

• Support the development and maintain a library of technical accounting policies

• Develop and manage US Statutory reporting for clients and prospects, informing and leading the implementation of client mandates with effective planning and use of resources

• Assist in the impact assessment and implementation of newly issued US GAAP, IFRS or US Statutory accounting standards

• Support business growth, implementation of new clients, and client retention within the insurance sector working in partnership with other BlackRock teams

• Act as a subject matter expert for all financial instruments as it relates to setup, process in compliance with current and proposed US Statutory accounting guidelines

• Represent Investment Accounting Policy on internal cross-functional projects and working groups in support of delivering key business and client objectives

• Represent Investment Accounting Policy on external industry groups and conferences

• Contribute to the continual development of the investment reporting production and control processes to optimize efficiency, mitigate risk and incorporate business and product changes, ensuring procedures are maintained in line with all current practices

• Prepare and deliver the US Statutory sections of the Investment Accounting Policy teams work products such as the quarterly newsletter, New Accounting Reporting Committee (NARC), period accounting summits, etc.

• Work with vendors and BlackRock partners to ensure that our development priorities are clearly stated and champion the completion of each

• Provide expert-level support and advice to clients on technical statutory accounting matters

• Develop and provide technical accounting training on complex and/or new accounting topics

• Assist and/or manage