Analyst, SMA Solutions Billing

BlackRock•Princeton, NJ

2d•$76,000 - $95,000•Hybrid

About The Position

We are seeking a highly motivated and detail-oriented Associate to join our SMA Solutions Billing team. The successful candidate will support daily, monthly, quarterly, and annual billing processes across our Traditional SMA and Direct Indexing Business, ensuring accuracy and efficiency in all tasks. This role requires strong analytical skills, excellent communication abilities, and a commitment to operational excellence. You will play a crucial role in enhancing our billing operations and contributing to the overall success of our team.

Requirements

Bachelor’s degree in Finance, Accounting, Business Administration, or a related field with a keen interest in client service and operational excellence
Proven ability to manage multiple priorities effectively and deliver high-quality results in a fast-paced environment
Adaptable to tight deadlines and shifting priorities with ease, ensuring consistent performance and excellence.
Demonstrated emotional ownership, showing a commitment to taking responsibility for tasks and outcomes, and a dedication to client success and team collaboration.
Ability to work independently and as part of a team
Intermediate to advanced level data analytic skills such as SQL and Excel, a strong interest in and capability for learning new applications and technical skills.
Excellent attention to detail, organizational, and time management skills.
Strong communication skills, both written and verbal.

Nice To Haves

Experience with Oracle or other financial systems is a plus.
Experience in billing or accounts receivable.
Knowledge of SMA (Separately Managed Accounts) operations.
Familiarity with financial data entry and reconciliation processes.

Responsibilities

Support daily, monthly, quarterly, and annual billing processes within the team’s service-level agreement by following established procedures and policies
Ensure the accurate mass generation and invoice over 10,000+ invoices per quarter, ensuring accurate debit of client accounts
Provide exceptional, personalized service to external partners, ensuring their needs are met with the highest level of attention and care. This includes proactive communication, timely resolution of issues, and a commitment to exceeding their expectations.
Monitor, escalate, and proactively manage the accounts receivable process, ensuring the timely collection and reconciliation of any outstanding funds owed to the firm.
Act as a deep subject matter expert by leading discussions, providing solutions, and driving for operational excellence to provide an enhanced client experience.
Identify and lead operational improvement opportunities that reduce risk, increase efficiency, enhance the control environment, and achieve scalability for the SMA Billing team.
Support various projects, including automation/standardization efforts and the evolution of standard deliverables.
Lead initiatives to improve our operating model by collaborating with internal business and technology partners, ensuring continuous enhancement of processes and systems
Learn and master multiple systems to understand their functionalities and work towards consolidating workflows. This includes identifying overlaps, streamlining processes, and ensuring seamless integration to enhance overall efficiency and productivity.
Continuously seek to learn and understand how our responsibilities and processes integrate into the broader BlackRock business model.
Recognize the impact of our decisions on our clients and other areas within the firm.