Analyst, Alternatives Fund Accounting

About this role

This role sits within Preqin, a part of BlackRock. Preqin plays a key role in how we are revolutionizing private markets data and technology for clients globally, complementing our existing Aladdin technology platform to deliver investment solutions for the whole portfolio.

You will be reporting to a Vice President, and will primarily support accounting and investor reporting functions of allocated private equity funds (primary and secondary), direct investment funds, clean energy funds, structured products, private credit funds and Luxembourg investment vehicles.

Roles and Responsibilities:

• Prepare quarterly management accounts for Clients managed funds on an accrual basis
• Develop a clear understanding of client reporting requirements, the structure of the existing reports and client deliverables
• Maintain accounting records and ensure accuracy and completeness of data
• Develop knowledge of existing processes and procedures to ensure maximum efficiency
• Prepare timely and accurate year-end support files for annual audits, as the need arises
• Prepare and maintain performance returns for all funds in a timely manner
• Document, maintain and update accounting procedures and templates
• Complete jurisdictional regulatory returns as and when required
• Develop a clear understanding of the cash management function of the funds.
• Liaise closely with other departments to ensure timely and accurate settlement of payments
• Work with and provide support to the treasury team as and when required, including but not limited to: performing bank reconciliations, cash Management Reports, daily liquidity monitoring, invoice and payment setups

Key requirement for this role:

• MBA in Finance or equivalent qualification is a must have.
• 2+ years of experience in Fund Accounting
• Exposure in financial statement (US/UK/Lux GAAP) and Capital account statement preparation is added advantage.
• Working knowledge in Management fees and Waterfall calculations is added advantage.
• Good working knowledge of accounting databases/running reports
• Proficient user of MS Excel and other MS product

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.