Investment Accounting - Vice President

About this role

The Team:

Are you an Investment Accounting professional searching for an exciting, significant, multi-faceted opportunity with the world's largest asset manager? If you pride yourself on building positive relationships, developing process solutions and bringing strategic visions to fruition, then look no further! BlackRock is pursuing a Vice President to become a part of the team. We recognize that strength comes from diversity, and will accept rare skills, eagerness, and passion. All the while supporting the freedom to grow authoritatively and as an individual.

We know you want to feel valued every single day and be recognized for contributions! At BlackRock, we strive to equip our employees and actively engage their involvement in our success. Our technology and services empowers millions of investors to save for retirement, pay for college, buy a home and improve their financial well-being. Join the team and experience what it feels like to be part of an organization that makes a difference.

Our Investment Accounting Group provides accounting and regulatory data services to financial institutions. Our accounting services include the reconciliation, tracking, accounting for assets, along with preparation and oversight of monthly packages and regulatory schedules.

This role is responsible for supporting the delivery of accounting and reporting services while helping meet the evolving needs and priorities of our clients. The Vice President will focus on delivering BlackRock to clients by supporting the monthly accounting close, leading client and department initiatives, improving processes and controls, and leveraging capabilities from across the BlackRock organization as needed. The role also offers strong opportunities for continued professional development, including career growth within the group or into other operating teams and client-facing business areas across BlackRock. The breadth of services provided to our clients creates opportunities for ongoing learning across product types, accounting complexities, and technical skill development.

Key responsibilities include:

• Develop a 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 US GAAP, IFRS, and US Statutory, etc.
• Support business growth, implementation of new clients, and client retention within the insurance sector working in partnership with other BlackRock teams. Represent accounting on cross-functional projects and working groups in support of delivering key business and client objectives.
• Contribute to the continual development of the investment reporting production and control processes to optimize efficiency, mitigate risk and incorporate business and product changes, ensuring procedures are maintained in line with all current practices. Work with vendor partners to ensure that our development priorities are clearly stated and champion the completion of each.
• Provide expert-level support to clients on accounting-related matters through in-person discussions and phone conversations.
• Conduct periodic training with the Investment Accounting Team. Review all quarterly NAIC or other regulatory reconciliations with appropriate follow-up and resolution. Assist with audits in reviewing results and recommend changes in control and in answering any follow-up questions.

Experience Required:

• Minimum 6 years of proven experience in investments/markets and understanding of investment accounting
• Knowledge of insurance company accounting or statutory accounting, including the regulatory and accounting constraints and standards under which they operate
• Continuous operational improvement and control enhancement mentality.
• Familiarity with product- specific financial reporting and disclosures

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.