GAAPS Alternatives - Associate NAV Oversight - Delaware

BlackRock • Wilmington, DE

266d • $85,000 - $117,500 • Remote

About The Position

This position is within the Alternatives Accounting and Product Controllers team at BlackRock, responsible for the firm's Alternative business. The role supports a complex and fast-paced alternative investment fund business, focusing on Closed End Alternative Funds. It offers significant growth opportunities as the firm expands its product offerings and involves participation in ongoing platform-wide projects.

Requirements

• 3-5+ years of investment/fund accounting/public accounting (audit) work experience or equivalent, including review experience.
• Bachelor's degree in Accounting (strongly preferred) or Finance.
• CPA is 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.
• Ability to plan and prioritize responsibilities including ongoing and ad hoc projects simultaneously.
• Fluency in Microsoft Office products, with an emphasis on Excel.

Responsibilities

• Demonstrate complete ownership of the day-to-day accounting and administrator oversight to ensure timely and accurate delivery of reporting to LPs.
• Interact with multiple internal and external partners, requiring strong communication skills and the ability to understand third-party requests.
• Ensure a robust control environment exists at fund service providers and internally to mitigate the risk of error.
• Oversee regulatory compliance with SEC, NFA, and other regulations for products under purview.
• Recalculate management fees and carried interest according to fund legal documents and report associated revenue to corporate controllers team.
• Engage with audit team around complex accounting topics and coordinate the completion of audited financials each year.
• Communicate performance results to investors and resolve their questions.
• Participate in investor due diligence meetings and explain controls in place for accurate reporting.
• Field custom reporting requests and develop reporting to deliver back to clients/partners.
• Drive increased efficiency and innovation through continuous review of operating procedures and technology enhancements.

Benefits

• Strong retirement plan
• Tuition reimbursement
• Comprehensive healthcare
• Support for working parents
• Flexible Time Off (FTO)
• Annual discretionary bonus

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Funds, Trusts, and Other Financial Vehicles
• Education Level: Bachelor's degree