BlackRock Summer Internship – Vice President NAV Oversight Alternatives

Job Description:

Position within the Alternatives Accounting and Product Controllers team being responsible for BlackRock’s Alternative Investments business. As an experienced professional, this position supports a complex and fast-paced alternative investment fund business in a dynamic and challenging environment. BlackRock Alternative Investors (BAI) is a strategic focus for the firm and this position will be part of a core accounting team in Wilmington, DE focused on Closed End Alternative Funds. The position offers significant growth opportunities both organically as the firm expands our product offerings, specifically in the Closed End Space, as well as opportunities to be involved in ongoing platform wide projects.

Job Responsibilities:

• Drive increased efficiency and innovation through continuous review of operating procedures and planning / evaluating technology enhancements.
• Communicate performance results to investors and resolve investors’ questions.
• Interact with multiple internal and external partners over the course of the year requires strong communication skills and ability to understand third party requests and deliver solutions to meet those partner needs
• Oversee regulatory compliance with SEC, NFA, and other regulations for product’s under the individual’s purview
• Recalculate management fee and carried interest in accordance with fund legal documents and report associated revenue to corporate controllers team
• Field custom reporting requests and projects for investors and/or business specific needs and develop reporting to deliver back to clients/partners
• Demonstrate complete ownership of the day to day accounting and administrator oversight to ensure timely and accurate delivery of reporting to LPs
• Participate in investor due diligence meetings, as required for product set, and explain the controls in place to ensure accurate reporting to clients is achieved
• Responsible for engaging with audit team around complex accounting topics and successful planning, coordination and completion of audited financials each year
• Ensure a robust control environment exists both at the fund service providers and internally to ensure risk of error is mitigated

Job Requirement:

• Proper and effective accounting skills including knowledge of GAAP and financial statements.
• Excellent attention to detail and written and verbal communication skills
• Bachelors’ degree in Accounting (strongly preferred) or Finance. CPA a plus.
• Sound analytical and problem solving skills.
• Fluent in Microsoft Office products, emphasis on Excel.
• 5-9+ years of investment / fund accounting / public accounting (audit) work experience or equivalent, including review experience for at least a portion of that time.
• Works effectively to plan and prioritize responsibilities including ongoing and ad hoc projects simultaneously;

Job Details:

Company: Blackrock

Vacancy Type:  Full Time

Job Location: Philadelphia, PA, US

Application Deadline: N/A

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