Business Unit Overview:
The Global Accounting and Product Services (GAAPS) division provides operational support to BlackRock Funds portfolio management teams and clients Together with Financial Statements Review, Regulatory Filings and Audit and Support organizations, the BlackRock Fund Administration teams have the responsibilities for all NAV and fund accounting matters and, financial & regulatory reporting ("BlackRock Funds ), We are central to BlackRock s operations in providing subject matter expertise, supervising fund administrator service delivery in relation fund accounting, financial reporting and regulatory filings, supervising operational capacity for new products, giving to projects in relation to product launches and collaborating closely with fund administrators, auditors, fund directors and portfolio managers The group comprises of multiple teams and is organized both functionally and regionally
Job Purpose/Background:
The financial reporting team carries out co-ordination, oversight and technical review activities over the end-to-end financial documents The team works closely with several internal and external partners such as the fund administrators, auditors, directors and multiple internal departments, to improve efficiency, build consistency across the fund range and monitor technical accuracy Currently, the teams support approximately 4000 funds within BlackRock
Strategic role coordinates financial and regulatory reporting accuracy and timeliness across diverse fund structures and regions This role requires deep technical expertise, critical analytical thinking, and strong collaborator management to ensure compliance, drive improvements in execution, and support business growth The successful candidate will lead a high-performing team or be subject matter expert, provide oversight across reporting cycles, and act as a key point of escalation for technical and operational challenges
Development Value:
This role provides opportunities to collaborate with, and work alongside, the product groups and presents opportunities to develop career paths within the function of or into other operating teams or product or client-facing business areas The broad fund range offers individuals opportunities for further personal learning, both in terms of product types and accounting complexities, as well as the ongoing development of technical strengths BlackRock supports continuous learning for all employees and provides a study assistance package for relevant qualifications such as the CFA Charter-holder among others
Key Responsibilities
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Oversight of Financial Reporting for Funds & Regulations: Provide oversight for financial statement and regulatory reports, ensuring alignment with accounting standards (eg, IFRS, US GAAP) and regulatory frameworks (eg, Form NPORT, Form NCEN, AIFMD CIMA FAR)
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Critical Analysis & Review: Lead the critical review and analysis of financial data, disclosures, and regulatory submissions to ensure accuracy, completeness, and consistency
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Stakeholder Engagement: Build and maintain strong relationships with internal teams (eg, Fund Accounting, Risk, Legal, Compliance) and partners (eg, auditors, fund administrators, regulators)
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Technical Issue Resolution: Investigate complex accounting and regulatory issues, provide expert guidance, and develop solutions in collaboration with subject matter experts
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Process Governance & Control: Ensure robust governance over reporting processes, including documentation, control testing, and audit readiness
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Team Leadership & Development: Mentor and develop a team of reporting professionals, fostering a culture of excellence, collaboration, and continuous learning
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Strategic Initiatives & Change Management: Drive initiatives to enhance reporting efficiency, implement automation, and improve data quality and transparency
Skills/Qualifications:
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The role would suit a qualified accountant (CPA, CIMA or ACCA) with significant audit experience in investment management or financials services audit or, alternatively, with 12-15+ experience within a financial or regulatory reporting environment at a fund administrator
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Key proficiencies required for success in this role include:
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A self-starter who takes ownership for the delivery of their work to the highest standards of quality and timeliness and demonstrates close attention to detail
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Demonstrates initiative, accountability, and integrity in driving outcomes Ensures timely, high-quality delivery Applies analytical thinking to examine financial and compliance data, recognizing risks and reaching informed conclusions Possesses deep expertise in IFRS, US GAAP, and regulatory frameworks, resolving technical issues and ensuring compliance Builds strong relationships, communicates persuasively, and aligns stakeholders Manage priorities efficiently, drives innovation, and fosters a collaborative, high-performance culture
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
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
