Investment Accounting Associate

**Description**

**About this role**

**Team Overview**:
The purpose of the GAAPS Alts Team is to act as the interface between the funds' investment professionals, investors, and external contacts, such as accounting outsource providers, auditors, tax professionals, and third party distributors, etc. for BlackRock’s alternative funds platform. The GAAPS Alts India Team will focus on adding value by resolving issues and providing product oversight and coordination of Administrators for many of our funds, which can invest in private investments.

Your daily tasks may include:

- Providing operational and accounting support for all investments within the Alternatives platform. Assist in developing operating models to address support of manual or unusual aspects of new alternative products and investments
- Provide on-going operational support for complex products or investment types, which includes reconciling data received from third parties and coordinating input of data into internal systems
- Oversee external and internal administration and accounting for certain mandates, including investment valuation, data management, and asset and cash reconciliations
- Provide trading support functions for certain mandates
- Accounting experience with private debt instruments or direct lending funds is a plus
- Authorize and facilitate cash transfers
- Ensure trade, valuation and cash flow information is updated timely and accurately in internal systems
- Manage credit facility arrangements including debt compliance monitoring
- Assist with preparation and review of client reporting and ensure deliverable deadlines are met
- Work with external service providers, internal team members and other BlackRock groups to resolve operational issues, as identified
- Review cash flows to determine capital amounts needed

You have:

- 1-5 years’ experience (desired but not required) working within a financial services or banking platform, with financial securities, private placements, and limited offerings a plus.
- Confirmed competence for financial concepts, ability to speak intelligently and confidently while using applied financial reasoning.
- Highly attentive, ability to focus, excellent follow-through, flexibility and stellar grammar and English skills.
- Self-motivated, dedicated, able to change directions quickly, and capable of working well with strong personalities.
- Strong background in Word and Excel.
- Excellent communication skills, both orally and in writing
- Capacity to multi-task, balance multiple priorities and meet deadlines in a dynamic and changing environment
- Ability to support cross-functional projects and teams
- Facility to grasp complex concepts and details quickly
- Proven ability to work independently and as part of a team
- Analytical problem-solving and troubleshooting skills
- Working knowledge of administrative fundamentals

**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.