Analyst - Fund Administration

BlackRock • Dallas, TX

5d • Hybrid

About The Position

Fund Administration is responsible for all administration work surrounding a specific fund or group of funds. As an Analyst, you will be part of a high impact team focused on delivering exceptional customer service within the Tax & Compliance group. Reporting to a Vice President and working closely with team Associates, you will be responsible for the delivery of timely, accurate and high-quality tax information and administration support for our clients' tax and compliance reporting. You will have the opportunity to pursue and cultivate a rewarding career with a forward-thinking organization. As an Analyst, you will have the ability to start adding value to the Tax and Compliance operation. People are at core of all that we do - based on the consistent achievement of Key Performance Indicators (KPIs), there are opportunities for development and career progression. This role ideal for a recent Business/Account graduate looking to start their career within the Private Equity industry.

Requirements

• Accounting or business degree and/or job experience (preferred but not required)
• Administration experience (preferred but not required)
• Must be capable of communicating clearly and effectively both internally with other departments, and externally with clients, investors and fund managers, both orally and written.
• Understanding of financial reports, NAV reports, and partner cash flows would be an advantage
• Must have experience with Excel formulas (e.g., VLookups, Sumifs) and other Microsoft applications; softwares holding data sets and data extraction (e.g., running reports)
• Exceptional attention to detail and curiosity to investigate out-of-pattern items and to always ask “Why”.
• Must be committed to high quality and service orientation
• Must have great organizational skills with the ability to multitask and work accurately under pressure
• Must have the ability to operate within a continuously evolving and competitive business environment
• Team player, high energy level, self-starter, quick grasp

Nice To Haves

• Private equity knowledge (desirable but not essential)
• FATCA and CRS compliance tasks, annual reporting and ongoing onboarding and record maintenance (familiarity with Forms W-9 and W-8 versions preferred)

Responsibilities

• Gain an understanding of the Private Equity industry and Fund structures in order to be able to formulate questions to the Fund Managers regarding transactions and financial/tax documents when not clearly provided
• Support tax compliance processes on an annual cycle, primarily in the US and Canada, and other jurisdictions as required
• Get familiar with various tax forms including tax notices, how they are used, what they mean, and how they impact our client’s tax porting and investor deliverables.
• Interact with external tax preparers and work internally with Treasury and Fund Accounting teams to fulfill and deliver information requests timely
• Assist the team with collection and distribution of supporting documentation received from investments (K-1s, PFIC statements, etc.) to facilitate tax preparers’ work.
• Prepare investor data templates to facilitate preparation of accurate investor filings and smooth delivery into the document portal
• Support the tax payments process by drafting tax payments and work closely with Treasury through execution
• Support FATCA and CRS compliance tasks, annual reporting and ongoing onboarding and record maintenance (familiarity with Forms W-9 and W-8 versions preferred)
• Develop client relationships, understand client deadlines and expectations
• Be capable of independently conducting analyses of financial statements and capital account movements, extracting correct quantitative and qualitative information from financial reports.
• Develop knowledge of Colmore’s existing processes and procedures to ensure maximum effectiveness as well as contributing to development of workflows and new solutions
• Any other duties commensurate with the nature and position of the post

Benefits

• employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits.
• strong retirement plan
• tuition reimbursement
• comprehensive healthcare
• support for working parents
• Flexible Time Off (FTO)

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 5,001-10,000 employees