About this role
Business Unit Overview:
BlackRock Finance consists of finance professionals in disciplines such as Financial Planning & Analysis (“FP&A), Treasury, Tax, Financial Controls, Sourcing and Vendor Management, Finance Operations Support and Controllers. Within the Controllers’ Group, the Revenues team record all of BlackRock’s net revenues (gross management fees less retrocessions/client rebates) on a US GAAP basis. The Revenue stream is complex and comprises mutual fund ranges as well as separately managed accounts, Private Investor accounts, Technology Services and investments in Collective Trust Funds contracted across numerous legal entities.
Job Purpose/Background:
The Revenue Associate will be responsible for supporting the Global Revenues team in their revenue postings, analysis, reporting and controls. This provides the opportunity to work across multiple revenue streams and to interact with different stakeholders across the globe including Financial Reporting Group (“FRG), Finance Controls and Reporting Team, External Reporting and FP&A so attention to detail, a controls focus and excellent communication skills are essential.
Key Responsibilities:
Ensure strong controls and procedures are in place in relation to the general ledger
Work on special projects including updates of operational policies and procedures
Provide timely responses to inquiries and special requests
Ensure revenue, and any related expense, is recorded properly in accordance with US GAAP
Review and record actual and accrual entries in the general ledger
Analyze monthly revenue numbers and accruals
Development Value:
The candidate will work with management whose aim is to develop individuals in the team specifically towards their career aspirations
Opportunity to assist with a range of projects/ad hoc tasks, allowing for variation in role across the Revenue team
Opportunity to demonstrate added value via the continuing improvement of key Revenues processes and activities
Will liaise with & have exposure to many areas of the business within EMEA and on a Global scale
This role can provide a strong foundation for further career progression within BlackRock
Knowledge/Experience:
Required:
Qualified accountant CA/ACA/ACCA/CIMA
Strong control mindset
Proficiency in the full MS-Office suite: particularly MS-Excel. Detailed knowledge and experience of using Excel formulae/look-ups and pivot tables is required and an aptitude for learning new applications
Desirable:
Ideally the candidate would have 3+ years previous experience of working within financial services, ideally within Investment Management
Experience of accounting systems, processes and controls is also beneficial
Competencies:
Strong willingness to learn with a high-level of motivation and adaptability
Well-organized, methodical and detail orientated with an ability to work to tight deadlines
Strong analytical and problem-solving skills with an ability to synthesize information and summarize key issues
Ability to clearly and confidently communicate in verbal and written form, with all levels of the business
Initiative and confidence to identify potential process improvement opportunities and helping deliver benefit to the business
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.
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 and Affirmative Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.
BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.
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