About this roleYOUR TEAMThe Investment Accounting Group provides accounting and regulatory data services to financial institutions. The team delivers asset accounting and reconciliation services, monthly accounting packages, regulatory schedules, and related reporting. Working across investment products and accounting frameworks, the team helps clients address evolving financial reporting and regulatory requirements while maintaining effective processes and controls.
YOUR ROLE AND IMPACTAs an Associate or Vice President in the Investment Accounting Group, you will support the delivery of accounting and reporting services while responding to the evolving needs and priorities of our clients. Depending on level and experience, you will contribute to or help oversee the monthly accounting close, lead client and departmental initiatives, strengthen processes and controls, and coordinate capabilities from across BlackRock to deliver business and client objectives. The breadth of the team's services provides opportunities to expand your knowledge across investment products, accounting complexities, regulatory requirements, technical capabilities, and client-facing business areas.
YOUR RESPONSIBILITIESIn every role at BlackRock, you'll be expected to apply sound judgement and critical thinking to solve complex problems, adapt as the business evolves, and combine the curiosity to explore new approaches and technologies with the rigor to challenge the results. The scope of this role also includes the following responsibilities:
- Develop detailed knowledge of BlackRock's capabilities, products, and services for financial institutions. Stay current on the evolving regulatory landscape and new accounting pronouncements, and clearly communicate their implications to support client compliance across multiple bases of accounting, including United States Generally Accepted Accounting Principles (US GAAP), International Financial Reporting Standards (IFRS), and United States statutory accounting.
- Apply knowledge of derivative concepts and derivative accounting to support investment accounting processes, analysis, reconciliations, reporting, and client deliverables.
- Support business growth, new-client implementations, and client retention within the insurance sector by partnering with teams across BlackRock and representing accounting on cross-functional projects and working groups.
- Lead or contribute to the continued development of investment reporting production and control processes to improve efficiency, mitigate operational risk, incorporate business and product changes, and maintain procedures that reflect current practices.
- Partner with vendors to communicate development priorities, support delivery, and help ensure that accounting and reporting solutions meet business and client requirements.
- Serve as a key point of contact for clients on accounting-related matters, contribute to training for the Investment Accounting team, review quarterly National Association of Insurance Commissioners (NAIC) and other regulatory reconciliations, support audits, and recommend control enhancements based on review findings.
YOUR EXPERIENCE- Demonstrated investment accounting experience within investments or financial markets, with relevant professional experience commensurate with the Associate or Vice President level.
- Knowledge of insurance companies or statutory accounting, including the regulatory and accounting requirements under which insurance organizations operate.
- Familiarity with product-specific financial reporting requirements and disclosures, including applying accounting guidance to investment products.
- Demonstrated focus on operational improvement, accounting controls, risk mitigation, and the continued enhancement of reporting processes.
- Fluent verbal and written communication skills in English and Spanish, with the ability to engage effectively with clients, auditors, regulators, vendor partners, and internal stakeholders across global teams.
- Advanced proficiency in Microsoft Office Suite, with strong Microsoft Excel skills.
Our benefitsTo 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 modelBlackRock'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.
Guidance on AI use for candidatesAt BlackRock, AI has long been part of how we work - enhancing decision-making, improving operations, and helping us deliver better outcomes for clients. We encourage candidates to use AI thoughtfully to learn, prepare, and work more effectively; but during our interview process, we want to focus on getting to know you through your own experiences, thinking, and judgment. To support you, we've provided
guidance on when and how to use AI during our hiring process so you can approach each step with confidence and showcase your best self.
About BlackRockAt 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.
To learn more about BlackRock, please visit Careers.BlackRock.com. We also encourage you to get to know us on LinkedIn, Instagram, YouTube, X, and TikTok.
BlackRock is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.
BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.
