Associate, Compensation Accounting

Description

About this role

Business Unit Overview:

A qualified accountant is required to join the Compensation Accounting team in Edinburgh. BlackRock Finance consists of Finance professionals in disciplines such as Tax, Business Finance, Treasury, Regulatory Reporting, Accounting Operations and Corporate Accounting. The Global Compensation Accounting team forms part of the Finance Controllers team and consists of five hubs based in Princeton, NYC, Edinburgh, Belgrade and Tokyo. The team is responsible for recording all expense related to compensation and benefits in the financial records of BlackRock, comprising around 50% of BlackRock's cost base.

Position Description:

• Working as an integral part of the Compensation Accounting team in Edinburgh.
• Ensure compensation expense is recorded properly in accordance with GAAP.
• Responsible for all Deferred Compensation accounting month end close deliverables
• Preparing journals, posting and making sure all month-close deadlines are followed
• Responsible for preparing balance sheet reconciliations and subsequent certification of the balance sheet
• Prepare and present commentary to stakeholders on the P&L and balance sheet movements each month
• Full responsibility for supporting and driving process improvement for all aspects of Deferred Compensation accounting
• Liaise and build strong working relationships with Payroll, Human Resources and other parts of Finance including legal entity controllers and tax
• Accurately prepare supporting files for auditors
• Assist where required with project related deliverables surrounding implementation of deferred compensation schemes resulting from acquisitions
• Other ad hoc duties and monthly tasks as assigned

• Opportunity to make a difference and have a high impact on key stakeholders within BlackRock Finance
• Collaboration with internal partners located across the globe within a multinational organization.
• 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.
• This role can provide a strong foundation for further career progression within BlackRock.

• CA/ACCA/CIMA qualified/part-qualified.
• Minimum of 5 years' experience in an accounting related role preferable.
• Prior experience within financial services or a large, listed company preferable.
• Self-motivated, proactive, and able to challenge the status quo in a rapidly changing environment.
• High attention to detail, ability to focus and take ownership of tasks until completion.
• Strong task management and organizational skills.
• Prior experience liaising with other groups and teams including external auditors.
• Strong excel and data manipulation skills.

• Self-starter, highly numerate, quick learner, team player, with an ability to adjust to change and the desire to take on responsibility is required.
• High level of technical proficiency in Excel and General Ledger applications
• Well-organized, methodical and detail orientated with an ability to work to tight deadlines.
• Strong analytical and problem-solving skills with an ability to synthesize information and summarize key issues.
• Ability to communicate clearly and confidently in both verbal and written form, with all levels of the business.
• Initiative and confidence to identify potential process improvement opportunities and helping deliver benefit to the business.
• Ability to partner with external vendors and internal stakeholders to achieve tight monthly deadline.