Analyst, Treasury Accounting

BlackRock, Inc.; City of Edinburgh; Hybrid; GBP 45,000 - 65,000; Full time

Job summary

A leading financial firm is seeking a Treasury Accounting professional to manage corporate investment accounting and reporting. The role involves preparing key financial reports, reconciling investment activities, and ensuring cash application for investments. The ideal candidate will have a strong background in accounting with excellent problem-solving and communication skills. Join us to help drive financial well-being through innovative solutions.

Benefits

Flexible Time Off (FTO)

Education reimbursement

Support for physical and emotional well-being

Qualifications

• Experience in fund controllership or similar roles is essential.
• Strong working knowledge of accounting practices.
• Excellent communication and problem-solving skills are a must.

Responsibilities

• Prepare reporting for 10Q and 10K filings.
• Reconcile investment activity in sub-ledger systems.
• Ensure timely application of cash for investments.

Skills

Attention to detail

Problem-solving

Communication skills

Customer-oriented

Education

2-6 years of Fund Controllership or public accounting experience

Working understanding of investment products

Tools

Oracle Financials

Aladdin

Coupa

Microsoft Office

Job description

About this role

Business Unit Overview:

BlackRock Finance consists of finance professionals in disciplines including Financial Planning & Analysis (FP&A), Treasury, Tax, Finance Controls, Sourcing and Vendor Management, Finance Platform Support and Controllers. Treasury Accounting, which is included within Controllers, is a team with presence in Atlanta and New York, responsible for corporate investment accounting activities globally.

Job Purpose/Background:

The Treasury Accounting Team is responsible for the monthly accounting and reporting of BlackRock's corporate investment portfolio, derivatives, fund consolidations, and external debt.

This includes:

• Utilizing and maintaining global software to facilitate payments and investment accounting
• General ledger control for corporate investment and derivative accounting
• Support business growth through technology and scalable process improvements

Key Responsibilities:

• Prepare reporting and supporting schedules for 10Q and 10K filings
• Reconcile investment activity in sub-ledger systems
• Ensure timely application of cash for investments and maintain appropriate supporting details for outstanding unsettled trades
• Assist in the reporting of monthly non-operating income to management
• Prepare monthly account reconciliations to the general ledger
• Partnering with the business/stakeholders to gain understanding/improve end to end processes
• Participate in testing and other ad hoc projects, including technology enhancements
• Partnering with business management and global accounting service teams to resolve queries and enhance controls
• Prepare requests for payment that adhere to global policies and procedures

Development Value:

• This is a globally focused role in a team which is core to Finance Controllers. The role interacts with both Finance and non-Finance teams around the globe providing opportunity to understand business growth and product development while developing key relationships
• 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 and procedures to create value for the firm

Knowledge/Experience:

• 2-6 years of Fund Controllership or public accounting experience (preferably in the "Big 4") or comparable work experience in Corporate Accounting
• Working understanding of investment products and related accounting topics
• Knowledge of Oracle Financials, Aladdin, and Coupa is desirable but not essential.
• Strong working knowledge of Microsoft Office products

Competencies:

• Strong written and spoken English language essential
• Self-motivated team member
• Ability to recognize and resolve problems
• Excellent attention to details
• Customer oriented
• Excellent written and verbal communication skills
• Ability to meet tight time schedules
• 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

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.