Investment Accounting Associate

ENGINEERINGUK; City of Edinburgh; Hybrid; GBP 35,000 - 65,000; Full time

Job summary

An established industry player in financial services is seeking an Associate in Investment Accounting. This exciting role offers a chance to work with the world's largest asset manager, where you will develop a deep understanding of investment products and provide essential accounting services to insurance clients. You will be part of a dynamic team that values diversity and empowers employees to contribute meaningfully. With a focus on collaboration and innovation, this opportunity promises professional growth and a rewarding career path. Join a company that prioritizes your well-being and offers flexible working arrangements to maintain a healthy work-life balance.

Benefits

Flexible Time Off

Education Reimbursement

Health and Wellness Resources

Retirement Investment Tools

Family Support Programs

Qualifications

• 3+ years of experience in investment accounting with a focus on debt instruments and derivatives.
• Strong understanding of regulatory requirements like IFRS and GAAP.

Responsibilities

• Develop detailed knowledge of investment accounting products and respond to client inquiries.
• Complete quarterly reconciliations and ensure compliance with regulatory standards.

Skills

Investment Accounting

Client Relationship Management

Data Analysis

Time Management

Adaptability

Education

Degree in Finance

Degree in Accounting

Tools

Accounting Software

Regulatory Reporting Tools

Job description

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Sector: Banking and Financial Services
Role: Associate
Contract Type: Permanent
Hours: Full Time

About this role
Are you an Investment Accounting professional searching for a rewarding, significant, multi-faceted opportunity with the world's largest asset manager? Do you pride yourself on building positive relationships, developing process solutions, and bringing strategic visions to fruition? Look no further. BlackRock is pursuing an Associate of Investment Accounting to become a part of the team. We recognize that strength comes from diversity, and will accept your rare skills, eagerness, and passion while giving you the freedom to grow authoritatively and as an individual.

We know you want to feel valued every single day and be recognized for your contribution. At BlackRock, we strive to empower our employees and actively engage your involvement in our success. Our technology and services empower millions of investors to save for retirement, pay for college, buy a home, and improve their financial well-being. Join the team and experience what it feels like to be part of an organization that makes a difference!

Our Investment Accounting Group provides accounting and regulatory data services to insurance clients. Our accounting services include the reconciliation, tracking, accounting for assets, along with preparation and oversight of monthly accounting packages and regulatory schedules.

Key responsibilities include:

• Developing a detailed knowledge of BlackRock's capabilities, products, and services for insurance companies
• Responding to daily inquiries from clients requesting information
• Completing all daily reviews of the exception management tool for accounting
• Improving investment reporting for clients through preparation, review, and distribution of various accounting reports and reporting schedules
• Completing all quarterly/annual reconciliations and reporting in compliance with the relevant regulatory requirements, such as NAIC US Statutory, Solvency II, IFRS, GAAP guidelines
• Providing complete and accurate review of data to clients' book of business
• Analyzing accounting data and providing commentary regarding results, calling out to senior team members when required
• Assisting in client or department projects and initiatives to improve the service offering
• Using learning tools and training to deepen understanding of accounting policy and pronouncements to ensure reporting follows the standards
• Learning and promoting the use of technology to better serve our clients

Experience Required:

• Understanding of investment accounting product mechanics including debt instruments, equities, and derivatives
• Minimum 3 years of confirmed experience in investments/markets, preferred degree in Finance or Accounting or other related field
• Ability to prioritize multiple requests and manage time effectively
• Teachable to learn new processes and adapt to a changing environment

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.

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.

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.