Associate, Alternatives Fund Accounting

About this role

Business Operations Services (BOS) is the operational engine that enables BlackRock to deliver investment management services across public and private markets at scale. BOS partners closely with investment product and technology teams to design and execute operating models that support the full investment lifecycle including portfolio setup trade and transaction processing compliance monitoring reporting and account reconciliation. Through a combination of operational expertise risk oversight and continuous platform enhancement BOS helps ensure clients receive efficient scalable and high-quality service while supporting evolving business product and regulatory requirements.

Your team

Within BOS the Alternatives Accounting and Product Controllers team is responsible for supporting BlackRocks alternatives business a strategic growth area for the firm. This role sits within a dynamic accounting function that supports a diverse portfolio of alternative investment funds and works closely with internal teams fund service providers auditors and investors. As BlackRock continues to expand its alternative investment platform this position provides opportunities for professional development increased responsibility and participation in business-wide initiatives that drive operational excellence and scale.

Your role and impact

As an Associate within Alternatives Fund Accounting you will play a key role in delivering accurate financial reporting maintaining a strong control environment and supporting investor and business needs across a complex alternative investment platform. You will partner with a broad range of stakeholders to ensure high-quality fund accounting operations while contributing to process enhancements and strategic initiatives that support the continued growth of the business.

Your responsibilities

In every role at BlackRock youll be expected to apply sound judgement and critical thinking to solve complex problems adapt as the business evolves and combine the curiosity to explore new approaches and technologies with the rigor to challenge the results. The scope of this role also includes the following responsibilities:

• Maintain ownership of day-to-day fund accounting activities and administrator oversight ensuring the timely and accurate delivery of financial information and reporting to Limited Partners (LPs).

• Build strong relationships with internal and external stakeholders respond to investor inquiries support due diligence activities and deliver customized reporting solutions that address investor and business requirements.

• Maintain a robust control framework by partnering with fund service providers and internal teams while coordinating external audits and supporting the successful preparation and delivery of annual audited financial statements.

• Recalculate management fees and carried interest in accordance with fund governing documents and report associated revenue information to the Corporate Controllers team.

• Drive operational efficiency and innovation through ongoing evaluation of processes controls and technology enhancements that improve scalability and reporting quality.

Your experience

• Demonstrated experience in investment accounting fund accounting fund operations public accounting (audit) or related experience including experience reviewing the work of others.

• Bachelors degree in Accounting (preferred) or Finance. Certified Public Accountant (CPA) designation or equivalent is a plus.

• Strong understanding of Generally Accepted Accounting Principles (GAAP) financial statements management fees and carried interest calculations.

• Excellent attention to detail analytical thinking problem-solving capabilities and verbal and written communication skills.

• Ability to effectively manage competing priorities deliver against deadlines and support both recurring and ad hoc initiatives.

• Proficiency with Microsoft Office applications with advanced skills in Excel preferred.

For Wilmington DE Only the salary range for this position is USD$85000.00 - USD$117500.00 . Additionally employees are eligible for an annual discretionary bonus and benefits including healthcare leave benefits and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role location and firm department and individual performance.

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

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.

Guidance on AI use for candidates

At BlackRock AI has long been part of how we work enhancing decision-making improving operations and helping us deliver better outcomes for clients. We encourage candidates to use AI thoughtfully to learn prepare and work more effectively; but during our interview process we want to focus on getting to know you through your own experiences thinking and judgment. To support you weve provided guidanceon when and how to use AI during our hiring process so you can approach each step with confidence and showcase your best self.

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.

To learn more about BlackRock please visit . We also encourage you to get to know us on LinkedIn Instagram YouTube X and TikTok.

BlackRock is proud to be an equal opportunity workplace. We are committed to equal employment opportunity to all applicants and existing employees and we evaluate qualified applicants without regard to race creed color national origin sex (including pregnancy and gender identity/expression) sexual orientation age ancestry physical or mental disability marital status political affiliation religion citizenship status genetic information veteran status or any other basis protected under applicable federal state or local law.View theEEOCs Know Your Rights poster and its supplementand thepay transparency statement.

BlackRock is committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process please email . All requests are treated in line with our.

BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law including any applicable fair chance law.