Investment Accounting - Associate
Investment Accounting - Associate

Investment Accounting - Associate

Full-Time 30000 - 42000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Assist in daily accounting oversight and collaborate with teams to resolve issues.
  • Company: Join BlackRock, a leading global asset management firm.
  • Benefits: Enjoy flexible time off, education reimbursement, and health resources.
  • Why this job: Make a real impact in finance while developing your skills.
  • Qualifications: Bachelor’s degree and experience in Mutual Fund Accounting preferred.
  • Other info: Dynamic work environment with opportunities for career growth.

The predicted salary is between 30000 - 42000 £ per year.

About this role

Are you an Investment Accounting professional searching for a rewarding, significant, multi-faceted opportunity with the world\’s 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 accounting complexities, as well as the ongoing development of technical strengths.

Key responsibilities include:

  • Developing a thorough knowledge of BlackRock’s capabilities, products and services for insurance companies
  • 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.)
  • Responsible to improve investment reporting for clients through preparation, review and ensure distribution of various accounting packages and reporting schedules
  • Supporting business growth within the insurance sector working in partnership with other BlackRock teams
  • Completing all quarterly/annual NAIC reconciliations and reporting in compliance with US Statutory guidelines
  • 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
  • Providing complete and accurate review of data to clients’ book of business
  • Conducting special projects and initiatives to improve the service offering

Experience Required:

  • Understanding of investment accounting product mechanics including debt instruments, equities and derivatives
  • Minimum 3 years of industry 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 mindset
  • Familiarity with product- specific financial reporting and disclosures

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 | Twitter: @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.

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Investment Accounting - Associate employer: LGBT Great

At BlackRock, we pride ourselves on being an exceptional employer that fosters a collaborative and inclusive work environment. Our commitment to employee growth is evident through comprehensive benefits, including flexible time off, education reimbursement, and a hybrid work model that enhances learning and development opportunities. Join us in our mission to create better financial futures while enjoying a supportive culture that values your contributions and well-being.
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Contact Detail:

LGBT Great Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Investment Accounting - Associate

✨Network Like a Pro

Get out there and connect with people in the investment accounting field! Attend industry events, join relevant online forums, and don’t be shy about reaching out to professionals on LinkedIn. You never know who might have the inside scoop on job openings or can refer you directly.

✨Ace the Interview

When you land that interview, prepare to showcase your problem-solving skills and teamwork experience. Brush up on common investment accounting scenarios and be ready to discuss how you've tackled challenges in the past. Remember, they want to see how you think and work with others!

✨Follow Up Like a Boss

After your interview, don’t forget to send a thank-you email! It’s a great way to express your appreciation and reiterate your interest in the role. Keep it short and sweet, but make sure to mention something specific from your conversation to stand out.

✨Apply Through Our Website

Make sure to apply for the Investment Accounting - Associate position directly through our website. This not only shows your enthusiasm for the role but also ensures your application gets the attention it deserves. Plus, it’s super easy to navigate!

We think you need these skills to ace Investment Accounting - Associate

Mutual Fund Accounting
GAAP Knowledge
Tax Knowledge
Reconciliation Oversight
Fund Performance Analysis
Communication Skills
Excel Proficiency
Power BI
SQL
Attention to Detail
Problem-Solving Skills
Team Collaboration
Project Management
Self-Motivation

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Investment Accounting role. Highlight relevant experience in mutual fund accounting and any specific skills that match the job description. We want to see how your background aligns with what we're looking for!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about investment accounting and how your skills can contribute to our team. Keep it concise but engaging – we love a good story!

Showcase Your Skills: Don’t forget to mention your proficiency in Excel, Word, and PowerPoint, as well as any experience with Power BI or SQL. We’re looking for someone who can hit the ground running, so let us know what you bring to the table!

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you’re serious about joining our team at BlackRock!

How to prepare for a job interview at LGBT Great

✨Know Your Numbers

Brush up on your knowledge of mutual fund accounting and GAAP principles. Be prepared to discuss how these concepts apply to the role, as well as any relevant experience you have in the industry. This will show that you’re not just familiar with the basics but can also engage in deeper discussions.

✨Showcase Your Problem-Solving Skills

Since the role involves resolving operational and accounting issues, think of specific examples from your past experiences where you successfully tackled challenges. Use the STAR method (Situation, Task, Action, Result) to structure your answers and highlight your analytical skills.

✨Communicate Clearly

Excellent communication is key in this role. Practice articulating complex financial analyses in a straightforward manner. You might even want to prepare a few questions to ask the interviewers about their processes or challenges, demonstrating your interest and engagement.

✨Emphasise Teamwork

This position requires collaboration with various teams. Share examples of how you’ve worked effectively in a team-oriented environment. Highlight your ability to motivate others and contribute positively to group dynamics, which aligns with the company’s culture.

Investment Accounting - Associate
LGBT Great

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