About this 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 an Associate 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 empower 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, accounting for assets, along with preparation and oversight of monthly reporting packages and regulatory schedules.
The Role:
Responsible for supporting our investment accounting platform migrations team, meeting the needs and evolving priorities of our clients. Focus on supporting our strategic initiative to deliver our new and proprietary accounting software to existing BlackRock clients. Specifically, the Associate will support asset onboarding, variance analysis, stabilization of the monthly close process, and the transition to the client’s production support team. A key function will be improving processes controls, and user experience, often while collaborating with other areas of the BlackRock organization. This role supports many opportunities 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 further personal learning, both in terms of the product types and accounting complexities, as well as the ongoing development of technical strengths.
Key responsibilities include:
Develop a detailed knowledge of BlackRock’s capabilities, products and services supporting our clients. Keep abreast of and optimally communicate the implications of the evolving regulatory landscape and new accounting pronouncements to ensure compliance by our insurance company, across multiple bases of accounting i.e. IFRS, US Statutory, US GAAP, etc.
Implement and operate on newly developed BlackRock proprietary accounting software. Provide feedback and improvement ideas to enhance system functionality. Leverage your analytical abilities to identify and assess system challenges and inefficiencies utilizing a strong aptitude for the understanding of how accounting data is supported through the new platform. This includes an understanding of data flow from the underlying transaction through the journal entries/trial balance and ultimately, financial reporting.
Partner with other BlackRock teams, including product and engineering. Provide client-transition updates to internal groups highlighting any migration challenges. Support accounting on cross-functional projects and working groups in support of delivering key business and client objectives.
Contribute to the continual development of the investment reporting production and control processes to optimize efficiency, mitigate risk and incorporate business and product changes, ensuring procedures are maintained in line with all current practices.
Experience Required:
Minimum 5 years of proven experience in investments/markets with a focus on investment accounting
Comprehensive understanding of key accounting reports (Balance Sheet, Income Statement, and Trial Balance)
Proven track record of demonstrating analytical and problem-solving skills
Experience implementing accounting systems preferred
Knowledgeable in regulatory and accounting standards
Experience with the following financial instruments; securities, loans, derivatives, alternatives, and mortgages
Familiarity with product-specific financial reporting and disclosures
Continuous operational improvement and control enhancement mentality
Fluency (written and oral) in English required
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 5 years of experience in investments or markets, focused on investment accounting
- Comprehensive understanding of balance sheets, income statements, and trial balances
- Demonstrated analytical and problem-solving skills
- Experience implementing accounting systems
- Knowledge of regulatory and accounting standards
- Experience with securities, loans, derivatives, alternatives, and mortgages
- Familiarity with product-specific financial reporting and disclosures
- Continuous operational improvement and control enhancement mindset
- Fluency in written and oral English
BlackRock Compensation & Benefits Highlights
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Leave & Time Off Breadth — Flexible Time Off (no fixed PTO bank) with manager approval is highlighted alongside separate sick and bereavement leave, signaling broad time-off options. Feedback suggests this high‑trust approach is a notable strength among large employers.
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Parental & Family Support — Gender‑neutral U.S. parental leave offers up to 16 weeks for primary caregivers and up to 4 weeks for non‑primary caregivers, plus a two‑week flexible return‑to‑work transition. Backup child/elder care, fertility/adoption/surrogacy assistance, and lactation support are also emphasized.
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Retirement Support — Offerings include 401(k)/retirement savings plans, financial counseling/education, and an Employee Stock Purchase Plan, complemented by programs like tuition assistance and student‑loan/college‑savings support where applicable. Feedback suggests these components form a strong financial‑wellness package.
BlackRock Insights
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.
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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.
