Analyst Alternatives Fund Accounting

BlackRock, Inc.; Birmingham; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading investment management firm in Birmingham is seeking a candidate to support treasury and accounting functions. Responsibilities include managing liquidity, maintaining accounting records, and preparing investor statements. The ideal candidate should possess relevant experience and knowledge in private equity, analytical skills, and proficiency in MS Excel. This position offers a hybrid work model and benefits aimed at supporting financial health and well-being.

Benefits

Retirement investment tools

Education reimbursement

Flexible Time Off

Qualifications

• Working towards a professional accounting qualification preferred.
• One to two years experience in accounting and treasury functions preferred.
• Understanding of fund/group structures preferred.

Responsibilities

• Perform treasury services including online payments and liquidity report.
• Maintain accuracy of accounting records for investment and carry funds.
• Prepare quarterly and annual investor statements.

Skills

MS Excel proficiency

Analytical mind

Ability to interact with senior staff

Education

Accounting degree

Professional accounting qualification (part qualified preferred)

Job description

About this role

This role sits within Preqin, a part of BlackRock. Preqin plays a key role in how we are revolutionizing private markets data and technology for clients globally, complementing our existing Aladdin technology platform to deliver investment solutions for the whole portfolio.

Reporting into a Vice President, this role will primarily support accounting, reporting, treasury, tax functions of a major client's management incentive scheme.

Responsibilities

• Perform treasury services including setting up and reviewing online payments, reconciling bank accounts and maintaining liquidity report.
• Maintain accounting records and ensure accuracy and completeness of data for both investment and carry funds.
• Prepare quarterly and annual investor statements.
• Prepare investor cash flow proposal and notices.
• Preparing quarter end and year end pack including intercompany loan reconciliations.
• Develop knowledge of Colmore's existing processes and procedures to ensure maximum effectiveness.
• Liaise with auditors and tax advisors to ensure timely provision of audit and tax deliverables.
• Preparation of calculations for tax distributions and carry vesting.
• Liaise with Client Relations to upload documents onto Helios platform.
• Monitor product in-box and investigate and prepare responses to investor queries.
• Support wider fund accounting team as required including preparation of accounts for one or more funds.

Qualifications

• Working towards a professional accounting qualification / part qualified preferred but not essential.
• Accounting degree preferred but not essential.
• One-to two years' experience in a similar role, including accounting and treasury functions, preferred but not essential.
• Private equity knowledge preferred but not essential.
• Analytical mind, ability to deal with complexity, initiative, ownership of work, resilience and ability to interact professionally with senior client staff essential.
• Proficient user of MS Excel and other MS products (confident with handling large datasets, Pivot tables, sumifs, vlookups - understanding of macros not required).
• An understanding of fund/group structures preferred but not essential.
• Excellent working knowledge of accounting databases/running reports.

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.

Hybrid Work Model

BlackRock'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 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 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 | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

BlackRock 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.