Investment Accounting, Associate
About this roleBusiness Unit Overview:The Investment Accounting Group (IAG) provides accounting and regulatory data services to over 25 insurance clients (AUM of $285bn) who have outsourced their accounting function to BlackRock. Our Accounting Services include the preparation and oversight of monthly accounting packages and support schedules, including regulatory returns and statutory reporting. As well as working with clients to deliver our services, the IAG team also supports client changes through corporate and other developments which impact on our services. Also, IAG is currently embarked on an exciting program of work to develop our accounting operating platform and to extend asset class coverage. We are investing in new Aladdin technology and integrating this with PAM for Investments to develop an integrated accounting and risk platform and the industry-leading investment accounting provider.Key Accounting Responsibilities:Analyze accounting data and provide commentary regarding accounting resultsPrepare, review, and/or ensure distribution of various accounting packages and reporting schedules to clients according to specified timeframesAssist in special projects and initiatives to enhance the service offeringDevelop understanding of accounting policy and pronouncements to ensure reporting follows the standardsLeverage technology to provide improved service to clientsOther Responsibilities:Ensure data reviews and checks are performed to validate accuracy and completeness of data used in reportingComplete all quarterly NAIC reconciliations with appropriate follow-up and resolutionAssist in gathering all necessary information related audit requestsRespond to daily requests for information from assigned clientsComplete daily exception review with follow up and resolutionQualifications:The role holder is a professional with strong knowledge of accounting concepts and controls and various investment types. Understanding of the requirements for various accounting basis (GAAP, US Statutory, IFRS, UK GAAP, CAD GAAP, etc) is essential to this role.4-8 years related work experience preferredStrong and effective communication skills to deal directly with clients and across all levels of staff and managementAbility to prioritize and balance multiple requests without losing sight of overall objectives and deadlinesStrong decision-making skills to make well thought out decisions based on the information provided and to obtain further assistance/clarification when necessaryStrong attention to detail to ensure a high degree of accuracyStrong initiative to follow up on outstanding issues – identify what needs to be done and actStrong organizational skillsAbility to work in a fast paced, deadline driven environmentStrong working knowledge of Microsoft office productsAbility to identify and implement business process improvement disciplineTechnical and process improvement mindset to identify and drive improvementsPreferred:BS degree in Finance or A...