Global Accounts Payable, Analyst

About this role

BlackRock is one of the world’s preeminent asset management firms and a premier provider of global investment management, risk management and advisory services to institutional, intermediary, and individual investors around the world. BlackRock offers a range of solutions — from rigorous fundamental and quantitative active management approaches aimed at maximizing outperformance to highly efficient indexing strategies designed to gain broad exposure to the world’s capital markets. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and other pooled investment vehicles, and the industry-leading iShares® ETFs.

Business Unit Overview:

BlackRock Finance and Strategy consists of professionals in disciplines such as Financial Planning & Analysis (FP&A), Treasury, Tax, Financial Controls, Global Strategic Sourcing, Finance Platform Support, Controllers, Strategy, and Corporate Development. This role sits within the Controllers’ Group, as part of the wider Accounts Payable (AP) team in Belgrade.  The Global AP team has   presence in Gurgaon, Singapore, Atlanta, Belgrade, Edinburgh, and Budapest.

Job Purpose/Background:

Reporting to Accounts Payable VP; the Legal Billing Team is responsible for the processing and payment of all incoming Outside Counsel invoices globally, while helping to ensure compliance with billing arrangements and guidelines as appropriate.

Key Responsibilities:

• To support the global centralized Outside Counsel payment process and e-billing system end to end
• Work with internal stakeholders and law firms to set up new matters which require payment and ensure payment details are correct
• Track invoice payments to completion and follow-up with stakeholders to ensure timely payment and work to resolve any issues
• Manage relationships with law firm billing and accounts teams
• Handle queries and escalations independently and appropriately from internal and external stakeholders
• Partner with stakeholders to review and approve law firm fees as appropriate
• Support the onboarding of new law firms
• Participate in ad-hoc projects and support the implementation of process improvement, internal controls and strategic initiatives
• Where required, produce internal reporting and Management Information
• Leverage approved AI and automation tools, where appropriate, to support process efficiency, documentation, data analysis, and continuous improvement, while ensuring compliance with internal policies and controls.

Development Value:

• This is a globally focused role in a team which is core to the entire Finance payment process. The role interacts with both Finance and non-Finance teams around the globe.
• This role will provide the candidate with the scope to effect positive change to the control environment by harnessing system capabilities and constantly evaluating processes & procedures to create value for the firm.

Knowledge/Experience:

• Bachelor’s degree required
• Preferably one to two years related billing experience in high volume corporate AP department
• Ability to manage data and proficiency in Microsoft Office with strong Excel skills; apply functions, ability to aggregate and merge data from multiple systems – to produce comprehensive reports
• Working knowledge of legal e-billing applications or Accounts Payable is preferable
• Digitally minded and process-oriented, with the ability to identify improvement opportunities and contribute to the design and enhancement of AI-enabled, automated, and workflow-based solutions within a controlled operating environment.

Competencies:

• Strong communication skills with the ability to work across multiple functions globally across the firm;
• Digitally minded and process-oriented, with the ability to identify improvement opportunities and contribute to the design and enhancement of AI-enabled, automated, and workflow-based solutions within a controlled operating environment.
• Superior problem-solving skills with an ability to recognize and solve problems;
• Team player with a “roll up their sleeves” approach and has ability to work in a fast-paced environment;
• Proactive and self-motivated with a “can do” attitude and an ability to use own initiative
• Organized with strong time management, and multi-tasking skills;
• Results-driven individual with a high level of attention to detail and high standards of accuracy;
• Strong written and spoken English; ability to manage senior stakeholders, external law firms and other stakeholders without language barrier issues.
• Ability to meet tight time schedules
• Ability to work independently with minimal supervision
• Having data interpretation and analytical skills will be an advantage

Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance.

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.

Guidance on AI use for candidates

At 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 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.

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 age, disability, race, religion, sex, sexual orientation and other protected characteristics at law.