Vice President, Investment Accounting (Derivatives)

ENGINEERINGUK; Princeton (NJ); Hybrid; USD 117,000 - 174,000; Full time

Job summary

A leading company in the financial sector is seeking a Vice President for their Investment Accounting team. This role involves managing Derivative accounting, improving processes, and ensuring compliance with regulatory standards. The ideal candidate will have extensive experience in investment accounting and excellent communication skills. The position offers opportunities for professional growth and a comprehensive benefits package.

Benefits

Comprehensive benefits package

Strong retirement plan

Tuition reimbursement

Flexible Time Off (FTO)

Qualifications

• Minimum 6 years of experience in investments/markets.
• Understanding of insurance company regulations and accounting standards.

Responsibilities

• Handle all aspects of Derivative accounting and reporting.
• Support business growth and client retention within the insurance sector.
• Improve investment reporting processes.

Skills

Communication

Operational Improvement

Knowledge of Derivative Products

Tools

Microsoft Office Suite

Job description

You will need to login before you can apply for a job.

View more categories | View less categories | Sector: Banking and Financial Services | Role: C-suite | Contract Type: Permanent | Hours: Full Time

About this role

Are you an Investment Accounting professional searching for an exciting, significant, multi-faceted opportunity with the world's largest asset manager? If you pride yourself on building positive relationships, developing process solutions, and bringing strategic visions to fruition, then look no further!

BlackRock is pursuing a Vice President to become a part of the team. We value diversity and seek candidates with rare skills, eagerness, and passion. We support your growth and individuality.

We want you to feel valued and recognized for your contributions. At BlackRock, we empower our employees and involve them in our success. Our technology and services help millions of investors save for retirement, education, homeownership, and financial well-being. Join us and be part of an organization that makes a difference.

Our Investment Accounting Group

This group provides accounting and regulatory data services to insurance clients, including reconciliation, asset tracking, accounting, and regulatory schedules.

The Role

Handle all aspects of Derivative accounting and reporting, support the monthly close, lead initiatives, and improve processes and controls. There are opportunities for professional growth within the group and across BlackRock, expanding your expertise in product types, accounting complexities, and technical skills.

Key responsibilities include:

• Develop knowledge of BlackRock's capabilities, products, and services for insurance companies.
• Stay updated on regulatory changes and accounting standards (IFRS, US Statutory, US GAAP) and communicate implications to ensure compliance.
• Support business growth, onboarding of new clients, and client retention within the insurance sector.
• Represent accounting in cross-functional projects to achieve business and client goals.
• Improve investment reporting processes to enhance efficiency, reduce risk, and adapt to business changes.
• Collaborate with vendors to prioritize and complete development projects.
• Provide expert support in client interactions regarding accounting matters.
• Conduct training sessions for the Investment Accounting Team.
• Review quarterly regulatory reconciliations and follow up on issues.
• Assist with audits, review results, and recommend control improvements.

Experience Required

• Minimum 6 years of experience in investments/markets, with knowledge of Derivative products and investment accounting.
• Understanding of insurance company regulations and accounting standards.
• Focus on operational improvement and control enhancement.
• Knowledge of Derivative financial reporting and disclosures.
• Excellent communication skills, both written and verbal.
• Proficiency in Microsoft Office Suite.

For Wilmington, DE, the salary range is USD $117,500 - $173,500. Benefits include bonuses, healthcare, retirement, and leave benefits.

Our Benefits

We offer a comprehensive benefits package, including a strong retirement plan, tuition reimbursement, healthcare, support for working parents, and Flexible Time Off (FTO).

Our Hybrid Work Model

Employees work at least 4 days in the office and have 1 day remote per week, with some roles requiring more in-office time. This model supports collaboration, learning, and onboarding.

About BlackRock

Our mission is to help people achieve financial well-being. We serve a diverse client base, including pension plans, individual investors, and institutions. We foster an inclusive culture that values diversity, equity, and inclusion.

Our employee networks, such as the Ability & Allies Network, support an inclusive environment. We have received awards for disability inclusion, workplace excellence, and industry leadership.

Learn more at our social channels and LinkedIn.

Equal Opportunity Statement

BlackRock is committed to equal employment opportunity and reasonable accommodations for individuals with disabilities. For accommodations, contact [e-mail]. We consider applicants with criminal records in accordance with applicable laws.