BlackRock Hiring for Aladdin Accounting Associate Job at Edinburgh, Scotland Full Time

About this role

As we evolve the Aladdin Platform and accelerate our Accounting strategy, this team member will play a meaningful role, supporting Aladdin Implementations and extending Aladdin’s capabilities in Accounting. The specialist will focus on delivering technology solutions & large-scale programs to expand our existing business model to new client segments and different types of Aladdin users, while maintaining an integrated platform.

A successful candidate will have shown strength in leading extensive platform integrations or system implementations requiring a balance or project management, technology implementation, product development, and process engineering ensuring client success and driving commercial outcomes.

About Aladdin & Aladdin Accounting:

Aladdin is our operating system for managing financial portfolios. It unites the information, people, and technology needed to manage money in real time at every step of the investment process. Aladdin exists so that every financial professional can see, understand, and act with clarity. Aladdin combines sophisticated risk analytics with comprehensive portfolio management, trading, and operations tools on a single platform to power informed decision-making. The platform builds a connective tissue for thousands of users investing worldwide. Aladdin Accounting offers customized investment accounting services to a broad range of global financial institutions. Aladdin Accounting provides flexible solutions to our clients, including:

• Data management
• Trade and custody operations
• Derivative operations
• Production of accounting reports in multiple bases (US GAAP, UK GAAP, IFRS, Statutory, and Tax)
• Comprehensive custodian reconciliation and performance measurement

Key Responsibilities

• Work closely with the Aladdin team and clients to efficiently implement the Aladdin system, focusing on accounting processes.
• Coordinate with clients and the broader 1Aladdin & BlackRock production teams to optimize processes, system usage, and optimize platform capabilities.
• Analyze and research accounting data, working with partner teams to mitigate challenges and explain results.
• Configure and establish system elections, client ledgers, and accounting elections.
• Meeting with partners to make communication easy and transparent regarding project status and decisions on services.

Desired Qualifications:

• 3-6 years of work experience in the financial services industry
• Experience using OMS / Accounting systems and/or successful track record in technology implementations of investment software.
• Knowledge of the following asset classes: Securities, Alternatives, Mortgage Loans, or Derivatives.
• Experience with accounting processes including reconciliation, ledger/trial balances, income analysis, accounting elections or accounting interfaces/reporting.
• A working understanding of SQL, UNIX shell, or a modern programming language.
• Be client focused, proficiency working within a collaborative team, and be passionate about providing a high quality of service to the client.
• Outstanding communication and presentation skills, with ability to convey sophisticated concepts simply and clearly to clients.
• Well-organized with the ability to prioritize with a hands-on approach, ability to schedule and manage tasks effectively, conflict resolution, problem solving, risk management.
• Knowledge/experience in US GAAP and/or Statutory accounting for investments.

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 pilot

BlackRock’s current hybrid work pilot is designed to help you experience the best of both worlds: the opportunity to connect with colleagues in person and the flexibility to work remotely, with greater time to focus on what’s important to you. In line with local health guidance and regulations, employees are generally expected to work 3 days in the office and 2 days from home (on average) each week. For some business groups, more time may be required in the office, while greater flexibility may be in place for others. Our “One BlackRock” culture means you’ll be supported to collaborate with your new colleagues while bringing your full self to work – wherever you are.

The health, safety and well-being of our people will always be our top priorities; we will continue to monitor local conditions and health advisories in making decisions about our work environments.

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.

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.