At a Glance
- Tasks: Join our team to implement clients onto the Aladdin accounting platform and drive project plans.
- Company: BlackRock is the world's largest asset manager, empowering millions to improve their financial well-being.
- Benefits: Enjoy flexible time off, education reimbursement, and comprehensive health resources.
- Why this job: Elevate your career in a collaborative environment that values your contributions and fosters growth.
- Qualifications: 0-4 years in financial services; knowledge of US GAAP/International GAAP preferred.
- Other info: Hybrid work model with 4 days in-office and 1 day remote for flexibility.
The predicted salary is between 28800 - 48000 £ per year.
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Sector: Finance and Accounts
Role: Consultant
Contract Type: Permanent
Hours: Full Time
About this role
About BlackRock
Are you a highly motivated professional looking to elevate your career by joining the world\’s largest asset manager? Would you thrive in an environment that fosters positive relationships and recognizes outstanding performance, working with both internal partners and clients? We know how important it is to feel valued every single day and be recognized for your contribution. At BlackRock, we strive to empower our employees and effectively engage your involvement in our success. With over $8 trillion of assets, we have an outstanding responsibility: our technology and services empower millions of investors to save for retirement, pay for college, and improve their financial well-being.
In addition to helping our clients achieve a better financial outcome as an asset manager, BlackRock is an established FinTech with Aladdin being used by some of the largest institutions and investors in the world. We provide comprehensive investment accounting software and services including financial and regulatory reporting. By deploying Aladdin, accounting services are offered as a coordinated solution alongside Aladdin\’s powerful capabilities to financial institutions globally. 2022 was a record year for Aladdin with over $1.4 billion in revenue, and we\’re excited to offer this opportunity to join our growing business.
Job Purpose / Background
BlackRock provides accounting and regulatory data services to clients who have outsourced their accounting function to BlackRock. BlackRock is currently embarked on an exciting program of work to develop our accounting operating platform and to extend asset class coverage. As our business has expanded, we have a requirement for strong implementation skills and accounting knowledge to continue to extend our depth.
BlackRock is seeking an Associate/ Analyst to become part of a team that will embrace your skills, eagerness, and passion while giving you the freedom to grow professionally. The successful candidate will be responsible for overseeing key functions of our client support model to implement clients onto our Aladdin accounting platform. The role will focus on developing investment process solutions for new and existing clients alike and be responsible for bringing together the capabilities of other parts of the BlackRock organization as required.
Key Responsibilities
- Develop a thorough knowledge of BlackRock\’s capabilities, products and services for Investment Accounting clients
- Drive the execution of project plans for client migrations and implementations with measurable goals, driving consensus and communicating to partners and management throughout
- Drive systems deployments, portfolio configurations (including char of accounts and relevant accounting elections), initialize accounting positions, review of positions initialized (book values, carry values, market values etc.), exception and breaks analysis and finalizing financial impact
- Improve our ability to scale migrations and implementation efforts to ensure we can support multiple ongoing efforts concurrently, given our projected sales targets
- Engage and maintain relationships with key partners across the firm to support business growth, implementation of new clients, and migrations and retention of existing clients
- Represent BlackRock on cross-functional projects and working groups in support of delivering key business and client objectives
- Ensure alignment of additional services with our Aladdin Accounting offering but supporting proper product integration in partnership with colleagues across the firm
About You
- 0-4 years of experience in financial services, familiarity with insurance clients a plus
- Possess a working knowledge in US GAAP/ International GAAP and/or Statutory accounting for investments, including securities, alternatives, mortgage loans, and derivatives
- Proven ability to work on cross-functional, virtual teams to achieve business goals
- A pro-active interest in keeping up to date with industry, accounting standards and client product changes
- Adept at effective communication and forming strong relationships with clients and internal partners
- Ability to multi-task and balance multiple requests without losing sight of overall business objectives and delivery requirements
- Ability to leverage new technology to benefit partners
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.
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. #J-18808-Ljbffr
Accounting Implementations Consultant - Analyst employer: ENGINEERINGUK
Contact Detail:
ENGINEERINGUK Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Accounting Implementations Consultant - Analyst
✨Tip Number 1
Familiarize yourself with BlackRock's Aladdin platform and its functionalities. Understanding how this technology integrates with investment accounting will give you a significant edge during the interview process.
✨Tip Number 2
Network with current or former employees of BlackRock, especially those in similar roles. They can provide valuable insights into the company culture and expectations, which can help you tailor your approach.
✨Tip Number 3
Stay updated on the latest trends in financial services and accounting standards, particularly US GAAP and International GAAP. This knowledge will demonstrate your commitment to the field and your proactive nature.
✨Tip Number 4
Prepare to discuss your experience working in cross-functional teams. Highlight specific examples where you successfully collaborated with others to achieve business goals, as this is crucial for the role.
We think you need these skills to ace Accounting Implementations Consultant - Analyst
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Accounting Implementations Consultant position. Familiarize yourself with BlackRock's services and how they relate to investment accounting.
Tailor Your CV: Customize your CV to highlight relevant experience in financial services, particularly any knowledge of US GAAP or International GAAP. Emphasize your ability to work on cross-functional teams and your proactive approach to industry changes.
Craft a Strong Cover Letter: Write a compelling cover letter that showcases your enthusiasm for the role and BlackRock as a company. Mention specific projects or experiences that demonstrate your implementation skills and ability to build relationships with clients.
Highlight Technical Skills: If you have experience with financial technology or accounting software, be sure to mention it. Discuss how you can leverage new technology to benefit partners and improve processes within the firm.
How to prepare for a job interview at ENGINEERINGUK
✨Understand BlackRock's Offerings
Before the interview, make sure to familiarize yourself with BlackRock's products and services, especially those related to investment accounting. This knowledge will help you demonstrate your enthusiasm and understanding of how you can contribute to their goals.
✨Showcase Your Implementation Skills
Be prepared to discuss any previous experience you have with project management or client implementations. Highlight specific examples where you successfully drove project plans or managed client migrations, as this aligns closely with the responsibilities of the role.
✨Demonstrate Cross-Functional Collaboration
Since the role involves working with various teams, be ready to share experiences where you collaborated with different departments or stakeholders. Emphasize your ability to communicate effectively and build strong relationships, which is crucial for success at BlackRock.
✨Stay Updated on Industry Standards
Show your proactive interest in the financial services industry by discussing recent changes in accounting standards or trends. This will reflect your commitment to continuous learning and your readiness to adapt to the evolving landscape of investment accounting.