Associate, Financial Reporting (Alternatives) – Wilmington

Full-time @BlackRock in Legal & Compliance jobs
  • Wilmington, US View on Map
  • Apply Before : January 9, 2023
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Job Description

Join leading Investment management company BlackRock as Associate, Financial Reporting (Alternatives) in Wilmington, US. refer job details to submit BlackRock job application in Wilmington.


Job Title : Associate, Financial Reporting (Alternatives)

Location : Wilmington, US

Job Category: Legal & Compliance



About this role

Associate, Financial Reporting Alternatives

This is a role for someone with 3-7 years of professional experience.

Would you like to use your unique background to make an impact on the clients we service in a culture that thrives on quality, innovation, dedication, and accountability? Are you looking to take your career to the next level? Then look no further! BlackRock is pursuing an Associate level candidate to become a member of our group.

At BlackRock, we strive to empower our employees and actively engage your involvement in our success. With over USD $10 trillion of assets we have an outstanding responsibility: our technology and services empower millions of investors to save for retirement, pay for university, buy a home and improve their financial well-being. Experience what it feels like to be part of an organization that makes a difference!

Job Purpose/ Background

As an experienced professional, this position supports a fast-paced business in a dynamic environment that will provide exposure to a wide variety of asset classes including private equity, private credit, fund of funds, direct strategy hedge funds and other illiquid strategy products. Additionally, the role will be accountable for defining the future state model of financial reporting oversight and audit coordination using sophisticated technologies and data capabilities. This is a role where you will be challenged every day with something new or different as the bespoke nature of these products each come with their own nuances. As you develop your career here, there are a significant amount of opportunities to grow in this role and within the firm (with 20+ different functions alone here in Delaware).

Regarding our culture, when joining a place like BlackRock, there is immediate encouragement to participate, to be engaged and to bring ideas to the table. We collaborate across our team and our firm to find innovative ways to enhance process, use technology and to drive positive change. Exposure will be with all titles, including senior leadership in Global Alternative Operations and the broader Technology and Operations team.

Our team plays a critical part in meeting our client’s needs, and we are successful in that endeavor by taking our fiduciary duty seriously in all aspects of the process we manage, by being passionate about our performance in everything that we do and by using the networks that we build here at the firm to accomplish our short-term and long-term goals.


Review annual audited and quarterly unaudited financial statements that are prepared in accordance with US GAAP and/or IFRS;
Manage annual audit process, including organizing and leading audit planning, audit status and closing meetings with fund administrators and external audit firms;
Identify, raise and resolve audit-related issues if they arise;
Interact with our key partners during the audit, including external financial reporting teams at fund administrators, audit firms, accounting teams, investment operations teams, portfolio managers, directors and legal counsel;
Analyze and communicate new and existing accounting standards, technical literature and industry insights to determine accounting treatment, accounting policy and relevant disclosure updates;
Actively contribute to the ongoing development of the oversight model with the goal of improving efficiency and scale while maintaining the quality of review;
Analyze and improve performance of current financial reporting applications and related operational workflows, including implementation of new workflow tools;
Demonstrate business intelligence and big data analysis to analyze reporting trends to optimize and improve the existing financial reporting process;
Build and maintain strong working relationships with multiple internal and external partners;
Be a self-starter and work with minimal direct supervision in a team environment.


Bachelor’s degree in accounting;
Advanced degree and/or CPA are preferable;
Candidate must possess 3 to 7 years combined experience in public accounting, internal audit, alternative fund administration or accounting, preferably within an alternative fund financial reporting group;
Candidate must have knowledge of technical and regulatory issues affecting the alternative investment fund industry, including knowledge of investment company accounting/reporting, US GAAP (ASC 946) and IFRS (IFRS 10);
Proficiency in Microsoft Excel, Word and PowerPoint;
A passion for engineering highly available, performant systems with a “Student of Markets and Technology” demeanor;
Passion and ability to work in a team-environment, multi-tasking, flexibility skills are a must;
Excellent written and verbal communication skills.


Takes ownership for outcomes and is personally accountable for results (Accountability & Ownership);
Analyze relevant information using logic and consider relevant facts to make rational, realistic and sound decisions (Analytic Ability);
Excellent attention to detail, as well as the ability to produces accurate work and spots mistakes/errors and makes appropriate corrections (Attention to Detail);
Understands common business and financial terminology including how organizations operate, compete and grow (Discernment);
Excellent verbal, written and interpersonal communication skills including ability to clearly articulate results of financial analyses as wells as issues to senior management and the auditors (Communication Skills);
Self-motivated, determined to achieve goals and works hard to meet those goals. (Drive, Determination and Execution);
Works effectively to prioritize responsibilities including ongoing and ad hoc projects simultaneously (Plan and Prioritize);
Develops practical and pragmatic solutions to problems (Problem Solving);
Effectively plans, implements and develops a methodical approach to projects (Project Management);
Builds working partnerships and improves collaboration in the workplace. (Relationship Building);
Promotes and facilitates the group’s work while contributing to the group using inspiration and motivation (Collaboration);
Supplies fresh ideas using structured thinking by reevaluating existing approaches and processes (Innovation and Creativity)

Our benefits
To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.

Our hybrid work pilot

BlackRock’s current hybrid work pilot is designed to help you experience the best of both worlds: the opportunity to connect with colleagues in person and the flexibility to work remotely, with greater time to focus on what’s important to you. In line with local health guidance and regulations, employees are generally expected to work 3 days in the office and 2 days from home (on average) each week. For some business groups, more time may be required in the office, while greater flexibility may be in place for others. Our “One BlackRock” culture means you’ll be supported to collaborate with your new colleagues while bringing your full self to work – wherever you are.

The health, safety and well-being of our people will always be our top priorities; we will continue to monitor local conditions and health advisories in making decisions about our work environments.

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 | | Instagram: @blackrock | Twitter: @blackrock | LinkedIn:

BlackRock is proud to be an Equal Opportunity and Affirmative Action Employer.  We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.

BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.

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