Associate, Alternatives Fund Accounting
BlackRock offers tailored investment management and financial services.
Projects
About BlackRock
BlackRock offers investment management and financial services to a wide range of clients. It provides various funds, including mutual funds, ETFs, and closed-end funds. BlackRock also offers strategies for different asset classes and investor needs, such as fixed income, fundamental equities, and multi-asset solutions. It aims to help clients achieve financial well-being through tailored investment solutions.
Skills
Candidate Availability
Required and preferred rules are kept separate and reflect the wording in the original posting.
About the Role
You will own day-to-day fund accounting activities and administrator oversight for alternative investment funds. You will deliver financial reporting, support investor inquiries and due diligence, maintain controls, coordinate audits, recalculate management fees and carried interest, and improve processes, controls, and technology.
Requirements
- Experience in investment accounting, fund accounting, fund operations, public accounting audit, or related work
- Experience reviewing the work of others
- Bachelor's degree in Accounting or Finance
- CPA designation or equivalent is a plus
- Understanding of GAAP, financial statements, management fees, and carried interest calculations
- Attention to detail
- Analytical thinking
- Problem-solving capabilities
- Verbal and written communication skills
- Ability to manage competing priorities and deadlines
- Proficiency with Microsoft Office
- Advanced Excel skills are preferred
Responsibilities
- Own day-to-day fund accounting activities and administrator oversight
- Deliver timely and accurate financial information and reporting to Limited Partners
- Respond to investor inquiries
- Support due diligence activities
- Deliver customized reporting solutions
- Maintain the control framework
- Coordinate external audits
- Support annual audited financial statements
- Recalculate management fees and carried interest
- Report associated revenue information to Corporate Controllers
- Evaluate processes, controls, and technology enhancements
Benefits
- Annual discretionary bonus
- Healthcare
- Leave benefits
- Retirement benefits
- Strong retirement plan
- Tuition reimbursement
- Support for working parents
- Flexible Time Off
- Hybrid work with four days in the office and one day working from home
