Associate – Investment Accounting Migrations Specialist

Minimum 3 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
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

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.