About this role

Business Unit Overview:

BlackRock Finance consists of Finance professionals in disciplines such as Business Finance, Treasury, Tax Regulatory Reporting, Accounting Operations and Corporate Accounting. This role is part of the Corporate Consolidation & Control team and will report to the Edinburgh based Controllers Group. The team has a wide and varied remit including running the Global Corporate Consolidation process for BlackRock Inc, accounting for corporate transactions, such as acquisitions and re-structures, and repatriations globally, maintenance of global intercompany loans, settlements and accounting as well as oversight of the general ledger over month-end including running FX processes and reporting monthly EMEA Income Statement and Balance Sheet positions.

In its day to day activities the Corporate Consolidation & Control team has significant interaction with the Finance teams globally, such as the Controllers and Treasury, in locations such as Gurgaon, Budapest, Edinburgh and New York.

Purpose/Background:

An Associate is required to supplement the team with a global remit and responsibility for assisting with the month end close and consolidation as well as supporting the team with corporate accounting transactions and general liaison with Legal Entity Controllers & functional teams. The wider Corporate Control team is involved in various aspects of corporate accounting, including the intercompany accounting process, and as such there will be opportunities to get involved in broader Finance activities and projects. The Associate is expected to develop strong working relationships with External Reporting, Legal Entity controllers and the other functional teams within finance to ensure all reporting requirements are met and communicated.

Key Responsibilities:

• Directly working with the External Reporting and Corporate Control teams based in New York, Gurgaon, Edinburgh and Budapest.

• Preparation and booking of quarterly repatriations of Capital across BLK’s globally based legal entities.

• Participate in project work for Corporate Control team, including the accounting and integration of legal entity acquisitions, restructures & refinancings, rationalisations and UAT Testing on the General Ledger.

• Preparation and maintenance of the Global Intercompany Loan Register.

• Preparing and booking monthly multi-currency interest accruals

• Liaising across various Regions/Teams

• Earnout/Goodwill and Intangible accounting

• Assist and oversee Corporate month end processes globally in line with the monthly close calendar such as:

• EMEA Profit & Loss flash and Balance Sheet reporting

• Preparation and analysis of variance reporting

• Monitoring of FX controls

• Monitoring of segment changes within the general ledger

• Assisting with the monitoring of the late journal process, running revaluation processes and month end reports

• Assist with oversight of FX translation and reconciliation processes

• Perform Balance sheet reconciliations including responsibility for providing suitable documentation and clearing reconciling items on a timely basis in the Oracle Account Reconciliation Cloud Service (ARCS)

• Drive and implement process improvements within the Corporate Control team, including automating working files, balance sheet reconciliations and enhancing commentary

• Build relationships with other Finance teams to ensure that all stakeholders’ reporting requirements are met in a complete and timely manner

• Act as point of contact with external auditors to resolve audit queries, as required.

• Other ad hoc tasks as required

Development Value:

• This position is part of the Global Corporate Consolidation & Control team which has a varied remit. It therefore offers development and cross training opportunities within a larger team. The team deals with a wide range of often complex accounting tasks and is required to interact with many Finance stakeholders globally, including Entity Controllers, Treasury, Cash and Corporate Cost teams. The global remit of the role also involves projects and process improvements.

Experience/Competencies:

• Ability to clearly communicate in verbal and written form with colleagues of different levels. Liaising on regular basis with a remote office is required, communication is critical to this role.

• Self-starter, highly numerate, quick learner, team player, with an ability to adjust to change and the desire to take on responsibility is required

• Experience of working in a fast paced and rapidly changing environment would an advantage

• Experience working with transactions and legal entities with multiple foreign currences is desirable

• Organised and methodical, possessing attention to detail, good analytical skills, and the ability to work to tight deadlines

• Team player with an ability to adjust to change. Experience of working in a fast paced and rapidly changing environment would an advantage

Skills/Qualifications:

• CA/ACA/AACA/CIMA qualified or equivalent qualification preferred

• 4+ years of accounting experience (Ideally the successful candidate would have Financial Services/ ”Big 4” experience)

• Strong knowledge of Microsoft Office, Oracle Fusion Cloud applications, Smartviews or HFM would be highly advantageous (or equivalent accounting and consolidation systems)

Our benefits

To help you stay energized, engaged and inspired, we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources to support your physical health and emotional well-being; family support programs; 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.

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.

For additional information on BlackRock, please visit @blackrock (http://careers.blackrock.com/) | Twitter: @blackrock (https://twitter.com/blackrock) | LinkedIn: www.linkedin.com/company/blackrock

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