Analyst, Institutional Accounting

Posted 2 Hours Ago
Be an Early Applicant
Mumbai, Maharashtra, IND
In-Office
Junior
Fintech • Information Technology • Financial Services
Bringing together tech and market expertise to help people build better financial futures.
The Role

About this role

Are you an Investment Accounting professional searching for an exciting, significant, multi-faceted opportunity with the world's largest asset manager? If you pride yourself on building positive relationships, developing process solutions and bringing strategic visions to fruition, then look no further! BlackRock is pursuing a Vice President to become a part of the team. We recognize that strength comes from diversity, and will accept rare skills, eagerness, and passion. All the while supporting the freedom to grow authoritatively and as an individual.

We know you want to feel valued every single day and be recognized for contributions! At BlackRock, we strive to equip our employees and actively engage their involvement in our success. Our technology and services empowers millions of investors to save for retirement, pay for college, buy a home and improve their financial well-being. Join the team and experience what it feels like to be part of an organization that makes a difference.

Our Investment Accounting Group provides accounting and regulatory data services to insurance clients. Our accounting services include the reconciliation, tracking, accounting for assets, along with preparation and oversight of monthly packages and regulatory schedules.

The Role:

The eFront Migrations Specialist will handle accounting and reporting tasks. They will support the transition of portfolios from legacy systems to eFront in the alternative assets space. This role is on the forefront of promoting process refinement and automation efforts to alternative assets. It also contributes to the successful adoption of accounting policy modifications for Alternatives, while supporting BlackRock’s insurance clients alongside broader organizational aims.

Team members will have the opportunity for continued professional development with a career path within the group, or into other operating teams or client-facing business areas across BlackRock. Our suite of services provided to our clients offers opportunities for personal learning, in terms of the product types and accounting complexities, as well as an ongoing development of technical strengths.

Key responsibilities include:

Migration & Implementation

  • Carry out end-to-end migration activities: data extraction, transformation, and loading into eFront.

  • Validate accounting bases (GAAP, STAT, IFRS) and configure portfolio structures.

  • Ensure historical performance data is loaded for compliance and reporting.

Governance, Process, and Controls

  • Maintain detailed migration documentation and runbooks for repeatable frameworks.

  • Ensure consistent process and control across the client base.

  • Support change management, logging and tracking enhancements or issues.

  • Stay ahead of regulatory changes and communicate implications across multiple accounting bases.

  • Partner with Investment Controllers, IA Operations, and external consultants to ensure seamless execution.

Experience Required:
  • Understanding of investment accounting product mechanics including debt instruments, equities and derivatives

  • Minimum 1 year of confirmed experience in investments/markets with degree in relevant field

  • Ability to prioritize multiple request and time management

  • Teachable to learn new processes and adapt to changing environment

  • Degree in Finance or Accounting or other related field

  • Understanding of GAAP /IFRS Accounting Standards will be a plus

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.

Our hybrid work model

BlackRock’s hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person – aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.


Guidance on AI use for candidates


At BlackRock, AI has long been part of how we work – enhancing decision-making, improving operations, and helping us deliver better outcomes for clients. We encourage candidates to use AI thoughtfully to learn, prepare, and work more effectively; but during our interview process, we want to focus on getting to know you through your own experiences, thinking, and judgment. To support you, we’ve provided guidance on when and how to use AI during our hiring process so you can approach each step with confidence and showcase your best self.


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.


To learn more about BlackRock, please visit Careers.BlackRock.com. We also encourage you to get to know us on LinkedIn, Instagram, YouTube, X, and TikTok.

BlackRock is proud to be an Equal Opportunity Employer.  We evaluate qualified applicants without regard to age, disability, family status, gender identity, race, religion, sex, sexual orientation and other protected attributes at law.

Skills Required

  • Minimum 1 year of confirmed experience in investments/markets
  • Degree in Finance, Accounting, or related field
  • Understanding of investment accounting product mechanics (debt instruments, equities, derivatives)
  • Experience with data extraction, transformation, and loading into eFront (migration/implementation)
  • Experience with alternative assets accounting and portfolio configuration
  • Maintain detailed migration documentation, runbooks, and controls; support change management
  • Ability to prioritize multiple requests and strong time management
  • Teachable and able to learn new processes and adapt to changing environments
  • Understanding of GAAP/IFRS accounting standards (will be a plus)

BlackRock Compensation & Benefits Highlights

  • Retirement Support The U.S. plan combines a 50% match on the first 8% of eligible pay you contribute with an additional 3–5% company retirement contribution, alongside an Employee Stock Purchase Plan. This structure is positioned as stronger than many large employers and stands out for long‑term savings in finance.
  • Parental & Family Support Paid parental leave includes at least 16 weeks at 100% for primary caregivers (and 4 weeks for non‑primary), with bereavement and miscarriage/stillbirth leave plus a flexible return‑to‑work transition. Family‑forming and caregiving resources include adoption support, fertility benefits, and back‑up child and elder care in some locations.
  • Healthcare Strength Offerings include comprehensive medical, dental, and vision plans, telemedicine, wellness incentives, gym discounts, EAP counseling, and free access to Calm. Some offices also provide onsite health services.

BlackRock Insights

Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: New York, New York
25,000 Employees
Year Founded: 1988

What We Do

As the world’s largest asset manager, BlackRock partners with investors around the globe to help them (and those on whose behalf they invest) plan for life’s most important goals – like retirement, home ownership and their children’s education. Our clients range from governments, foundations and other large institutions to those investing on behalf of individuals, including firefighters, nurses, teachers and factory workers. BlackRock was founded with the idea of creating a better asset management firm — one that was purpose-driven, focused on clients and risk management, and propelled by data and technology. Our breakthrough Aladdin® platform is BlackRock’s technological backbone, helping investors see and manage their whole portfolios in one place – from constructing investments to monitoring risk and executing trades. Used by hundreds of external institutions around the world, Aladdin combines powerful analytics and a common language to help investment teams make faster, more informed decisions across public and private markets. It’s a key part of our business and one of the reasons we’re trusted to manage more assets than any other investment manager today. At BlackRock, we challenge conventions and raise the bar for what’s possible. We harness technology to unlock new solutions, simplify complexity, and deliver investment strategies that meet people where they are. Whether it’s retirement planning, wealth building or navigating market shifts, we’re here to help clients invest more easily, more affordably and with more choice as we chart a path toward financial well-being together. Learn more: Careers.BlackRock.com

Why Work With Us

Without our people, technology is irrelevant. When we combine the power of people with the power of technology, we amplify our ability to create better outcomes for our employees, clients, shareholders and society alike.

Gallery

Gallery
Gallery
Gallery
Gallery
Gallery
Gallery
Gallery
Gallery
Gallery
Gallery

BlackRock Teams

Team
Client & Product
Team
Early Careers
Team
Investments
Team
Operations
Team
Analytics & Risk
Team
Corporate & Strategic
Team
Technology
About our Teams

BlackRock Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

BlackRock has 25,000 employees across more than 100 offices in over 40 countries around the world.

Typical time on-site: 4 days a week
HQNew York, New York
Mexico
Saudi Arabia
China
Amsterdam, Netherlands
Atlanta, Georgia
Belgrade, Serbia
Bengaluru, India
Boston, Massachusetts
Budapest, Hungary
Chicago, Illinois
Dallas, Texas
Edinburgh, United Kingdom
Frankfurt am Main, Germany
Gurugram, India
London, United Kingdom
Montréal, Québec
Montréal, Quebec
Mumbai, India
München, Bayern
Paris, France
Princeton, New Jersey
San Francisco, California
São Paulo, São Paulo
Seattle, Washington
Singapore, Singapore
Sydney, New South Wales
Tokyo, Japan
Wilmington, Delaware
Zürich, Switzerland
Learn more

Similar Jobs

BlackRock Logo BlackRock

Vice President, Data Quality Lead Engineer

Fintech • Information Technology • Financial Services
In-Office
Mumbai, Maharashtra, IND
25000 Employees
In-Office
Mumbai, Maharashtra, IND
25000 Employees
In-Office
Mumbai, Maharashtra, IND
25000 Employees

BlackRock Logo BlackRock

Index Operations, Data Platforms and Security, BIS, Vice President

Fintech • Information Technology • Financial Services
In-Office
Mumbai, Maharashtra, IND
25000 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account