Fund Finance, Associate

Job description
About this role

GIP, A Part of BlackRock

Global Infrastructure Partners (GIP) is a leading infrastructure investor that specializes in investing in, owning and operating some of the largest and most complex assets across the energy, transport, digital infrastructure and water and waste management sectors.

On October 1, 2024, BlackRock closed its acquisition of GIP. The combined AUM of the GIP platform is $170B across equity and credit.

Global Infrastructure Partners (GIP) is a Global Infrastructure Partners (“GIP”) is a leading infrastructure investor that specializes in investing in owning and operating some of the largest and most complex assets across the energy, transport, digital infrastructure and water and waste management sectors. With decarbonization central to our investment thesis, we believe we are well positioned to support the global energy transition. Headquartered in New York, GIP has offices in Brisbane, Dallas, Hong Kong, London, Melbourne, Mumbai, Singapore, Stamford and Sydney.

GIP has approximately $112 billion in assets under management. Our portfolio companies have combined annual revenues of approximately $73 billion and employ over 114,000 people. We believe that our focus on real infrastructure assets, combined with our deep proprietary origination network and comprehensive operational expertise, enables us to be responsible stewards of our investors' capital to create positive economic impact for communities. For more information, visit www.global-infra.com.

Principal Responsibilities
• Prepare capital activity workbook, booking transactions for income, expenses, fees, review notices for private equity, credit and SMA funds.
• Prepare wires for fund transfer and investor distribution.
• Review quarterly, and annual financial statements, Partner's Capital Statements and Portfolio Summaries.
• Prepare allocation templates and quarterly compliance certificates for borrowings.
• Perform detailed checks on Form SLT and Form SHC.
• Delivery on audit requests and resolution of all queries on a timely basis.
• Review investor specific performance data.
• Collaborating with fund administration and other teams to ensure smooth operations.
• Demonstrated expertise in capital calls and distributions, including cash carry calculations.
• Comprehend fund commitments and unfunded commitments.
• Strong grasp of fund expenses, management fee calculations, and their allocations.
• Thorough understanding for cash movements, capital calls, and distributions.
• Familiarity with quarterly and annual financial statements & PCAPs.
• Assist with annual external audits queries.
• Drive reporting and business process simplification and efficiency initiatives and prepare ad hoc reports as needed.

Education and Experience
• Bachelor’s degree in Finance, Financial Engineering or Accounting
• Minimum of 5-7 years of experience
• Comfortable with database usage, management, and administration

Knowledge and Skills
• A positive attitude, high motivation and ability to maintain a culture that is based on teamwork, respect & integrity
• Resilient self-starter with ability to work independently
• Expertise with MS Excel and highly skilled with other MS office products including Powerpoint
• Excellent written and verbal communication skills
• Strong interpersonal skills with the ability to communicate effectively and credibly at executive level
• An inquisitive creativity with a strong analytical inclination

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

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 | LinkedIn: www.linkedin.com/company/blackrock

BlackRock is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to age, disability, family status, gender identity, race, religion, sex, ****** orientation and other protected attributes at law.