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Institutional Fund Accounting Analyst



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1-3 Years
a month ago
113 Viewed
5 Applied

Job Description



About this role

Are you a portfolio accounting professional searching for an exciting, challenging, multi-faceted opportunity with the world's largest asset manager Do you pride yourself on building positive relationships and bringing strategic visions to fruition Then look no further! We are pursuing an Associate to join our group!

Our Vision statement is to remain an outstanding partner at BlackRock, and be a trusted partner to internal and external clients delivering superior accounting and performance services that enhance the client experience. We will deliver scale efficiency through a globally consistent Aladdin platform and use technology to automate and improve our controls.

Our Portfolio Accounting Team handles NAV calculation and Performance measurement for a large number of institutional separate accounts and retail funds. This includes analysis/comparison with third parties, collaboration with the Pricing and Cash and Asset Groups to ensure minimal risk in portfolio accounting calculations caused by NAV-impacting exceptions.

Primary Job Responsibilities

  • Conduct portfolio valuations, performance calculation and analysis for Institutional portfolios using Aladdin Accounting platform;
  • Work closely with upstream teams such as Cash reconciliation, Trade operations, Data Integrity Groups and Portfolio managers to ensure accuracy;
  • Support Portfolio Management Group (PMG) and Institutional Client Business group (ICB) in resolving portfolio valuation and performance related queries;
  • Work with clients effectively by supporting Client Business in servicing client requirements on a regular basis or on special projects;
  • Prepare and provide extensive reconciliation with custodian banks and accounting agents to prevent/resolve NAV/Performance discrepancies;
  • Lead all aspects of the preparation and review of holdings/market value reconciliations using Aladdin Reconciliation Tool to reconcile positions, prices, market value and accruals;
  • Coordinate the re-engineering of BlackRock's operating environment and participate in various automation projects to enhance productivity and controls;
  • Involved in the training process of newly hired professionals and interns, as well as testing and implementation of the straight-thru-processing research and reconciliation tools;
  • Assist in conducting and implementing procedures and controls to ensure GIPS, SOX, RCSA and SOR Audit requirements.

Skills And Qualifications

  • Proven experience of 1-3 years in performance measurement, fund accounting and/or operations;
  • Proficient in the working knowledge of Equity and Fixed Income securities and derivative products;
  • Works well in a team environment with an entrepreneurial spirit that is willing to build on additional responsibilities quickly;
  • Good knowledge of Excel. SQL and VBA experience desirable but not necessary;
  • Enjoys working in a fast-paced, high-intensity environment, with excellent analytical, written and oral communications skills.
  • Strong client service skills and a passion for delivering service excellence
  • Highly proactive, willing to take ownership of issues and follow through to resolution


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:

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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Last Updated: 20-06-2024 11:05:31 AM
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