About this roleAbout this roleAre you an Investment Accounting professional searching for a rewarding, significant, multi-faceted opportunity with the worlds largest asset manager? Do you pride yourself on building positive relationships, developing process solutions and bringing strategic visions to fruition? Look no further! BlackRock is pursuing an Associate of Investment Accounting to become a part of the team. We recognize that strength comes from diversity, and will accept rare skills, eagerness, and passion 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 your contribution. At BlackRock we strive to empower our employees and actively engage your 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, tracking, accounting for assets, along with preparation and oversight of monthly packages and regulatory schedules.The Role:Responsible for handling all aspects of accounting and reporting services and meeting the needs and evolving priorities of our clients. You will focus on delivering BlackRock to clients by supporting the monthly accounting close, leading client/department initiatives, improving the process and controls using capabilities of other parts of the BlackRock organization as required. You 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 further personal learning, both in terms of the product types and accountingcomplexities, as well as the ongoing development of technical strengths.Key responsibilities include:<ul><li>Developing a thorough knowledge of BlackRock’s capabilities, products and services for insurance companies</li><li>Staying ahead of and effectively communicating the implications of the evolving regulatory landscape and new accounting pronouncements to ensure compliance by our insurance companies, across multiple bases of accounting (i.e., IFRS, US Statutory, US GAAP, etc.)</li><li>Responsible to improve investment reporting for clients through preparation, review and ensure distribution of various accounting packages and reporting schedules</li><li>Supporting business growth within the insurance sector working in partnership with other BlackRock teams</li><li>Completing all quarterly/annual NAIC reconciliations and reporting in compliance with US Statutory guidelines</li><li>Assisting in the continual improvement 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</li><li>Providing complete and accurate review of data to clients’ book of business</li><li>Conducting special projects and initiatives to improve the service offering</li></ul>Experience Required:<ul><li>Understanding of investment accounting product mechanics including debt instruments, equities and derivatives</li><li>Minimum 3 years of industry experience in investments/markets and understanding of investment accounting</li><li>Knowledge of insurance companies, including the regulatory and accounting constraints and standards under which they operate</li><li>Continuous operational improvement and control enhancement mindset</li><li>Familiarity with product- specific financial reporting and disclosures</li></ul>&amp;#xa;For Wilmington, DE Only the salary range for this position is USD$85,000.00 - USD$117,500.00 . Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance.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 modelBlackRock’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 BlackRockAt 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 <a href="http://careers.blackrock.com/" target="_blank">@blackrock</a> | Twitter: <a href="https://twitter.com/blackrock" target="_blank">@blackrock</a> | LinkedIn: <a href="http://www.linkedin.com/company/blackrock" target="_blank">www.linkedin.com/company/blackrock</a><div></div><div></div>BlackRock is proud to be an equal opportunity workplace. We are committed to equal employment opportunity to all applicants and existing employees, and we evaluate qualified applicants without regard to race, creed, color, national origin, sex (including pregnancy and gender identity/expression), sexual orientation, age, ancestry, physical or mental disability, marital status, political affiliation, religion, citizenship status, genetic information, veteran status, or any other basis protected under applicable federal, state, or local law. View the <a href="https://www.dol.gov/sites/dolgov/files/OFCCP/regs/compliance/posters/pdf/22-088_EEOC_KnowYourRights.pdf" target="_blank">EEOC’s Know Your Rights poster and its supplement</a> and the <a href="https://www.dol.gov/sites/dolgov/files/OFCCP/pdf/pay-transp_%20English_formattedESQA508c.pdf" target="_blank">pay transparency statement</a>. BlackRock is committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process, please email <a href="mailto:Disability.Assistance@blackrock.com" target="_blank">Disability.Assistance@blackrock.com</a>. All requests are treated in line with our <a href="http://www.blackrock.com/corporate/compliance/privacy-policy#recruitment-privacy-notice" target="_blank">privacy policy</a><a href="http://www.blackrock.com/corporate/compliance/privacy-policy#recruitment-privacy-notice" target="_blank">.</a>BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.

BlackRock

Associate, Institutional Accounting - Delaware Wilmington, DE

BlackRock

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