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 a supportive work environment, recognition for your contributions, and opportunities for professional growth.
- Why this job: Be part of a dynamic team that values your skills and fosters positive relationships while making an impact.
- Qualifications: 0-4 years in financial services; knowledge of US GAAP/International GAAP preferred.
- Other info: This role offers the chance to work on cross-functional projects and engage with key partners.
The predicted salary is between 36000 - 60000 £ per year.
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 recognises outstanding performance, working with both internal partners and clients? We know how important it is to feel valued every single day and be recognised 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 organisation 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), initialise accounting positions, review of positions initialised (book values, carry values, market values etc.), exception and breaks analysis and finalising 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
Accounting Implementations Consultant - Analyst employer: BlackRock
Contact Detail:
BlackRock Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Accounting Implementations Consultant - Analyst
✨Tip Number 1
Familiarise yourself with BlackRock's Aladdin platform. Understanding its functionalities and how it integrates with investment accounting will give you a significant edge during interviews, as you'll be able to discuss how you can contribute to its implementation.
✨Tip Number 2
Network with current or former employees of BlackRock, especially those in similar roles. They can provide insights into the company culture and expectations, which can help you tailor your approach when discussing your fit for the role.
✨Tip Number 3
Stay updated on the latest trends in financial services and accounting standards, particularly US GAAP and International GAAP. Being knowledgeable about these topics will demonstrate your commitment to the field and your readiness to tackle the challenges of the role.
✨Tip Number 4
Prepare to showcase your ability to work on cross-functional teams. Think of examples from your past experiences where you successfully collaborated with different departments, as this is crucial for the role at BlackRock.
We think you need these skills to ace Accounting Implementations Consultant - Analyst
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly read the job description for the Accounting Implementations Consultant - Analyst position. Understand the key responsibilities and required skills, especially in financial services and accounting standards.
Tailor Your CV: Customise your CV to highlight relevant experience and skills that align with the job requirements. Emphasise any experience you have with US GAAP/International GAAP, project management, and client relationship management.
Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for the role and the company. Mention specific examples of how your background and skills make you a great fit for BlackRock, particularly in relation to their Aladdin accounting platform.
Highlight Soft Skills: In your application, don't forget to mention your soft skills such as effective communication, teamwork, and the ability to manage multiple tasks. These are crucial for the collaborative environment at BlackRock.
How to prepare for a job interview at BlackRock
✨Know Your Stuff
Make sure you have a solid understanding of BlackRock’s products and services, especially those related to investment accounting. Familiarise yourself with Aladdin® and how it integrates with accounting functions, as this will show your genuine interest in the role.
✨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 migrations, as this is crucial for the role.
✨Build Relationships
Demonstrate your ability to engage and maintain relationships with both clients and internal partners. Share examples of how you've effectively communicated and collaborated in past roles, as strong interpersonal skills are key to success at BlackRock.
✨Stay Updated on Industry Trends
Show your proactive interest in the financial services industry by discussing recent changes in accounting standards or trends that could impact BlackRock's operations. This will illustrate your commitment to continuous learning and staying relevant in the field.