Accounts Payable Associate

About this role

Business Unit Overview:

BlackRock Finance consists of finance professionals in disciplines such as Financial Planning & Analysis (“FP&A”), Treasury, Tax, Finance Controls, Sourcing and Vendor Management, Finance Platform Support and Controllers. Precure to Pay (P2P) Operations, which is included within Controllers, is a global team with main presence in Gurgaon, Edinburgh, New York, and Budapest.  This role is an exciting opportunity to join the P2P Operations team, which spans both Accounts Payable and Sourcing and Vendor Management.

Job Purpose/Background:

The P2P Operations Team is responsible for Leading Transformation Activities, Reporting, Governance and Control, and supplier onboarding, order management and system support activity across both Accounts Payable and Sourcing and Vendor Management, developing the infrastructure that allows for seamless supplier onboarding and invoice processing, employee compliance and management oversight of the firm’s Global Sourcing policy. 

Reporting to Accounts Payable Vice President; the Associate This role leads the reporting and control functions within the Accounts Payable (AP) organisation, ensuring robust financial governance, regulatory compliance, and operational excellence. The position acts as a key liaison for internal and external audits, owns critical regulatory reporting, and serves as the data and reporting expert for strategic initiatives such as Working Capital and Automation projects.

Key Responsibilities:

Reporting Leadership

• Own and deliver global AP reporting and analytics, including monthly metrics, ad hoc requests, and executive dashboards

• Support month-end close activities and alert monitoring (e.g., unposted journals, unaccounted invoices)

• Coordinate internal and external audits, including SOX and statutory audits, ensuring timely and accurate responses to audit queries

• Manage remediation of audit findings and maintain documentation for audit readiness

• Own and manage regulatory reporting processes, including monthly, quarterly, and annual submissions to compliance and board-level stakeholders

• Ensure accuracy and timeliness of filings, and act as the primary point of contact for regulatory queries

• Lead the Risk & Control Self-Assessments (RCSAs) process for AP, including risk identification, control effectiveness evaluation, and documentation of inherent and residual risks

• Collaborate with control functions and regulators to ensure alignment on risk profiles.

• Serve as the owner for AP-related operating errors, including root cause analysis, remediation planning, and external communications where necessary.

• Maintain accurate records in the operational risk management system and coordinate with Legal, Compliance, and RQA as needed.

• Strategic Data Expertise - Act as the data SME for strategic initiatives such as Working Capital optimization

• Partner with technology and operations teams to enhance data quality, reporting automation, and analytics capabilities.

Development Value:

• This is a globally focused role in a team which is core to the entire Finance Operations. The role interacts with both Finance and non-Finance teams around the globe providing opportunity to understand business needs while developing key relationships (internally and externally with service providers/vendors)

• This role will provide the candidate with the scope to effect positive change to the control and analytics environment by harnessing system capabilities and constantly evaluating processes & procedures to create value for the firm.

Knowledge/Experience:

• 5 years’ or more experience in Accounts Payable or Procurement functions, or equivalent

• Expertise of data analysis, presentation, and modelling techniques and tools, working with large volumes of data

• Superior problem-solving abilities and strong analytical thinking and aptitude for data collection.  Able to demonstrate superior quantitative and analytical capabilities, and the ability to translate analysis into tactics and results

• Strong working knowledge of Microsoft Office products, with superior excel knowledge

• Process improvement / project management experience

• Knowledge of Coupa or Oracle Financials is an advantage.

Competencies:

• Strong written and spoken English language essential

• Self-motivated team player

• Ability to recognize and resolve problems

• Excellent attention to details

• Customer oriented

• Excellent communication skills by telephone, written and in person

• Ability to meet tight time schedules

• Self-confident and decisive

• A positive and ‘can-do’ attitude.

Our benefits

To help you stay energized, engaged and inspired, we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources to support your physical health and emotional well-being; family support programs; 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, race, religion, sex, sexual orientation and other protected characteristics at law.