Vice President General Partnership Accounting

R232902DescriptionAbout this roleOverviewBlackRock Finance and Strategy consists of professionals in disciplines such as Financial Planning
Analysis
FP
A

Treasury
Tax
Financial Controls
Sourcing and Vendor Management
Finance Platform Support
Controllers
Strategy
and Corporate Development
Within the Controllers

Group
the GP Accounting team supports the Alternatives platform structured using General Partnership vehicles and is responsible for ensuring the integrity of the financial data in accordance with applicable financial standards
Tax and regulatory frameworks
The team is involved in accounting and payment of Carry associated with these GP

s
as well as producing quarterly
annual financial statements
and maintaining the control environment around the financial data
Job PurposeThe GP Accounting VP
based in Mumbai
will be responsible for supporting the Global GP Accounting team which is based in Mumbai
Edinburgh
Atlanta and New York in their monthly postings
analysis
payments
reporting and controls
This role provides the opportunity to interact with different stakeholders across the globe including Finance Controls
External Reporting
HR
Fund Accounting
Tax and FP
A so attention to detail
controls focus
and excellent communication skills are essential
We are looking for an upbeat and proactive individual to join the GP Accounting

Alternative Products team
The ideal candidate will be detail oriented
highly analytical
and proactive in motivating change to increase efficiency while maintaining effective controls
In this role
this individual will be responsible for the accounting
administration and reporting of alternative product carried interest revenue sharing programs for BlackRock

s investment managers
The role will also assist with special projects
The group prepares the accounting records for 150
GP carry plans
processes participant capital distributions
provides capital statement and regulatory reporting and prepares all carried interest
related corporate accounting entries and reconciliations
This position will report to the Director of GP Accounting
who is based in Edinburgh
Key ResponsibilitiesPartner directly with global
multi
functional teams to administer the Company

s carried interest plans
Connect with management of various levels throughout the organization to acquire a complete understanding of carry plans from inception through dissolution and document details of such plans
Maintain accurate and timely plan data by General Partner entity
plan and participant using the eFront G
L system
Establish open communication lines with appropriate partners
especially in Human Resources
Tax
Fund Accounting and Legal
Maintain GAAP and tax balances for reporting in the Oracle General Ledger and for reporting to participants
Produce and review periodic
quarterly
annual
management reports on the firms General Partner entities and related carried interest allocations to participants
Review and distribute periodic participant capital statements and payments to plan participants
Assist with ad hoc projects and reporting requests including updates of operational policies and procedures
Ensure strong controls and procedures are in place in relation to the general ledger
Provide timely responses to inquiries and special requests
Review balance sheet account reconciliations at month end
Review commentary around balance sheet account movements
analyzing Investment values
payments etc

Supervise and develop junior team members
Development ValueThe role interacts with both Finance and non
Finance teams globally
with exposure to senior leadership
This role supports the continued growth of BlackRock

s Alternatives business
a key growth area for the firm
This role will provide the candidate with an understanding of the accounting and administration of general partnerships
The candidate will work with management whose aim is to develop individuals in the team specifically towards their career aspirations
Opportunity to assist with a range of projects
ad hoc tasks
allowing for variation in role across the Global team
Opportunity to demonstrate added value via the continuing improvement of key GP Accounting processes and activities
This role can provide a strong foundation for further career progression within BlackRock
Knowledge
Experience10
years of accounting
tax experience of working within financial services
ideally majority within Investment Management
or public and multi
national firm
Accounting or other degrees in the related field and experience of accounting systems
processes and controlsStrong verbal and written communication skills
Qualified accountant CA
ACA
ACCA
CIMA
Experience in the preparation of internal management reports
tax reporting and
or financial documents
Proficiency in the Microsoft Office suite
Strong control mindset
CompetenciesStrong willingness to learn with a high
level of motivation and adaptability
Well
organized
methodical and detail orientated with an ability to work to tight deadlines
Strong analytical and problem
solving skills with an ability to synthesize information and summarize key issues
Ability to communicate in verbal and written form clearly and confidently
with all levels of the business
Initiative and confidence to identify potential process improvement opportunities and helping deliver benefit to the business
Our BenefitsTo 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 modelBlackRock

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 BlackRockAt 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
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blackrock
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linkedin
com
company
blackrockBlackRock is proud to be an Equal Opportunity Employer
We evaluate qualified applicants without regard to age
disability
family status
gender identity
race
religion
sex
sexual orientation and other protected attributes at law