Nav Oversight Associate - Mum

Nav Oversight Associate - Mum


Nav Oversight Associate - Mum

Details of the offer

DescriptionAbout this role

Team Overview
The Global Accounting and Product Services (GAAPS) division is responsible for providing operational support to BlackRock’s portfolio management teams and clients. GAAPS is central to Business operations in providing subject matter expertise, monitoring fund administrator service delivery in relation fund accounting and financial reporting, monitoring operational capacity for new products, supporting projects in relation to product launches and liaising with fund administrators, auditors, fund directors and portfolio managers. The group comprises of a number of teams and is organized both functionally and regionally. This position is within the Open-End NAV Oversight team supporting alternatives in the US.

Role Responsibilities
Ensure best in class control environment exists internally in an oversight capacity and externally within our 3rd party administrators

Partner with internal teams who support the same product set, including our portfolio management, legal, tax, product strategy, corporate accounting and finance and all other necessary groups

Support the business in the successful launch of new products or the liquidation of legacy products at the end of their stated term

Perform detailed reviews and analysis of key reconciliations (cash, position) and contribute to resolution of breaks.

Review portfolio P&L in conjunction with approval of NAVs and remediate outages between internal and external calculations.

Recalculate management and performance fees, including those with on high-watermarks and hurdles, in connection with NAV reviews and approvals.

Provide input on annual audited financials along with the alternative financial reporting group.

Product management responsibilities including liaising with funds’ independent auditors, tax providers and administrators to ensure proper close-out of all open inquiries

Support required regulatory filings, such as Form PQR, Form PF, and AIFMD filings

Communicate performance results to investors and resolve investors’ questions

Custom reporting and projects for investor specific needs

Group project opportunities related to implementation of new product accounting, operational procedures, and planning / evaluating technology enhancements

Support the investment and business team with marketing and product launches

3-5 years of investment / fund accounting /public accounting (audit) work experience or equivalent, including review experience for at least a portion of that time.

Bachelors’ degree in Accounting (strongly preferred) or Finance. CPA a plus.

Excellent attention to detail and written and verbal communication skills

Proper and effective accounting skills including knowledge of GAAP and financial statements.

Sound analytical and problem solving skills

Works effectively to plan and prioritize responsibilities including ongoing and ad hoc projects simultaneously

Fluent in Microsoft Office products, emphasis on Excel.

About BlackRock

BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, our clients turn to us for the solutions they need when planning for their most important goals.As of December 31, 2019, the firm managed approximately $7.43 trillion in assets on behalfof investors worldwide.

For additional information on BlackRock, please visit| Twitter:@blackrock |

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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