Vice President, Investment Accounting

About This Role

Vice President, Investment Accounting:  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! Black Rock 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 Black Rock, 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

Responsible for handling all aspects of accounting and reporting services and meeting the needs and evolving priorities of our clients. Focus on delivering Black Rock to clients by supporting the monthly accounting close, leading client/department initiatives, improving the process and controls using capabilities of other parts of the Black Rock organization as the need arises. There is an opportunity for continued professional development with a career path within the group, or into other operating teams or client-facing business areas across Black Rock.

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 Black Rock's capabilities, products and services for insurance companies. 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.

Support business growth, implementation of new clients, and client retention within the insurance sector working in partnership with other Black Rock teams. Represent 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. Work with vendor partners to ensure that our development priorities are clearly stated and champion the completion of each

Provide expert-level support on in person and phone conversations with clients on accounting-related matters

Conduct periodic training with the Investment Accounting Team. Review all quarterly NAIC or other regulatory reconciliations with appropriate follow-up and resolution. Assist with audits in reviewing results and recommend changes in control and in answering any follow-up questions

Experience Required

Minimum 10-12 years of proven experience in investments/markets and understanding of investment accounting
Knowledge of insurance companies, including the regulatory and accounting constraints and standards under which they operate
Continuous operational improvement and control enhancement mentality.
Familiarity with product- specific financial reporting and disclosures

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

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

Black Rock'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…