Vice President, Investment Accounting
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About 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 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 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 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: Develop a detailed knowledge of BlackRock'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 BlackRock 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.