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Analyst, Corporate Costs

BlackRock

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3-5 Years
a month ago
67 Viewed
5 Applied

Job Description

R243700

Description

About this role

BlackRock is one of the world's preeminent asset management firms and a premier provider of global investment management, risk management and advisory services to institutional, intermediary and individual investors around the world. BlackRock offers a range of solutions from rigorous fundamental and quantitative active management approaches aimed at maximizing outperformance to highly efficient indexing strategies designed to gain broad exposure to the world's capital markets. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and other pooled investment vehicles, and the industry-leading iShares ETFs.

Business Unit Overview

BlackRock Finance and Strategy consists of professionals in disciplines such as Financial Planning & Analysis (FP&A), Treasury, Tax, Financial Controls, Sourcing and Vendor Management, Finance Platform Support, Controllers, Strategy, and Corporate Development. Within the Controllers Group the Global Corporate Cost team has responsibility for non-compensation related expense accounting. This team currently has presence in New York, Edinburgh, and Budapest.

Position Description

The Global Corporate Costs Analyst based in Gurgaon, will be responsible for the day to day running of a number of different categories of Corporate Costs. This entails all the accounting and associated analysis relating to certain categories of expense. This role provides the opportunity to interact with different stakeholders across the globe including Finance Control, Financial & Prudential Reporting (FPR) and Finance Platform Strategies (FPS) so attention to detail, controls focus, and excellent communication skills are essential.

We are looking for an upbeat and proactive individual to join the Global Corporate Cost team. The ideal candidate will be detail oriented, highly analytical, and proactive in motivating change to increase efficiency while maintaining effective controls.

This position will report to the Director of Corporate Costs, who is based in Edinburgh.

Key Responsibilities

  • Accurate recording in Oracle of various categories of Corporate Costs within the AMRS, EMEA and APAC regions.
  • Dealing with ad-hoc queries received from FP&A / FPR relating to certain costs.
  • Submission of Balance Sheet and Profit & Loss analytical review on a monthly basis.
  • Preparation and review of relevant balance sheet reconciliations within the Oracle system.
  • Provide timely responses to inquiries and special requests.
  • Supporting the requests from both external and internal audits.
  • Proactive and critical assessment of current processes & procedures, suggesting improvements and implementation thereof.
  • Providing active support for ad hoc projects/issues as requested.
  • Ensure strong controls and procedures are in place in relation to the general ledger.

Development Value

  • The role interacts with both Finance and non-Finance teams globally, providing an opportunity to learn from different colleagues.
  • This role will give the individual an excellent opportunity to develop their time management skills by working to tight timelines and deliver output for a myriad of stakeholders.
  • The candidate will be provided the responsibility of owning specific areas thus allowing them the opportunity to understand entire processes and procedures.

Knowledge/Experience

  • Experience in a General Accounting role with exposure to analytical review beneficial.
  • Exposure of working in a global organization / multi-currency environment.
  • Prior use of Oracle GL and associated reporting tools.

Competencies

Required:

  • Strong verbal and written communication skills.
  • Proficiency in the Microsoft Office suite.
  • Strong control mindset.
  • Strong willingness to learn with a high-level of motivation and adaptability.
  • Initiative and confidence to identify potential process improvement opportunities and helping deliver benefit to the business.

Desirable

  • Ideally the candidate would have 3+ years previous experience of working within financial services, ideally within Investment Management, or public and multi-national firm.
  • Experience of accounting systems, processes and controls is also beneficial.

#EarlyCareers

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 they serve, are saving for retirement, paying for their children's educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.

This mission would not be possible without our smartest investment the one we make in our employees. It's why we're dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.

For additional information on BlackRock, please visit @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

BlackRock is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to age, disability, family status, gender identity, race, religion, sex, sexual orientation and other protected attributes at law.

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