Accounts Payable Associate

About this role

BlackRock is one of the worlds preeminent asset management firms and a premier provider of global investment management risk management and advisory services to institutional intermediary and individual investors around the world. BlackRock offers a range of solutions from rigorous fundamental and quantitative active management approaches aimed at maximizing outperformance to highly efficient indexing strategies designed to gain broad exposure to the worlds capital markets. Our clients can access our investment solutions through a variety of product structures including individual and institutional separate accounts mutual funds and other pooled investment vehicles and the industry-leading iShares ETFs.

Business Unit Overview:

BlackRock 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. This role sits within the Controllers Group as part of the wider Accounts Payable (AP) team in Budapest. The Global AP team has presence in Gurgaon Singapore Atlanta Belgrade Edinburgh and Budapest.

Position Description:

The AP Team is responsible for developing the infrastructure that allows for employee compliance and management oversight of the firms Global Cash Disbursement policy. This includes:

• Acquiring and maintaining global software to facilitate supplier payments.

• Ensuring that all modifications to the Global Cash Disbursement Policy are supported by the oversight infrastructure.

• Managing the BlackRocks Global Cash Disbursement Policy through an automated workflow system with no impact to the credit worthiness of the firm.

This role provides the opportunity to work across multiple expense streams and offers significant interaction with a variety of different stakeholders across the globe including Finance and Strategy and the various business units at BlackRock.

We are looking for an upbeat and proactive individual to join the Supplier Maintenance Team.

Reporting to Accounts Payable VP in Gurgaon; the role will be part of the Global Supplier Maintenance team. The role will involve managing the supplier onboarding process working with financial controls global stakeholders and transformation projects.

Key Responsibilities:

Supplier onboarding

• Ensure the team meets SLAs related to vendor creation and modification

• Identify key areas of improvement including systems and processes

• Ownership of internal and external stakeholder relationships

• Driving risk management activities including reporting and audits

• Ensure regulatory compliance of onboarding process in line with procedures

• Lead / support delivery of AP transformation and automation projects

Development Value:

• This is a globally focused role in a team which is core to the entire Finance process. The role interacts with both Finance and non-Finance teams around the globe.

• This role will provide the candidate with the scope to effect positive change to the control environment by harnessing system capabilities and constantly evaluating processes & procedures to create value for the firm.

Knowledge/Experience:

• Education in Economics Finance or Accounting

• 5 years Accounts Payable or equivalent experience

Competencies:

• Strong written and spoken English language essential

• Self-motivated team player

• Ability to recognize and resolve problems

• Excellent attention to details

• Customer oriented

• Excellent communication skills by telephone written and in person

• Ability to meet tight time schedules

• Self-confident and decisive

A positive and can-do attitude

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

BlackRocks 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 childrens 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. Its why were 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: 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.