Vice President, Investment Accounting – Hong Kong

Full-time @BlackRock in Investment Operations – Investments jobs
  • Hong Kong, HK View on Map
  • Apply Before : January 9, 2023
  • Share:

Job Description

Join leading Investment management company BlackRock as Vice President, Investment Accounting in Hong Kong, HK. refer job details to submit BlackRock job application in Hong Kong.


Job Title : Vice President, Investment Accounting

Location : Hong Kong, HK

Job Category: Investment Operations – Investments



About this role

BlackRock Alternative Investors (BAI) is one of the top five largest alternative asset managers in the world today. We are active in all asset classes and connect them in ways other firms can’t match, organizationally aligning under a single leadership across products adhering to a common operating process across the assets consisting of real estate, infrastructure, credit, private equity and hedge funds. Our scale means we offer expertise and access unique to BlackRock, and you’ll collaborate with teams across our firm in unexpected ways.
Grow your career with the firm that’s building tomorrow’s alternatives platform, backed by a purpose that drives positive outcomes for our clients, our investments and the communities we serve.

Team Overview
We are looking to add a senior controller to our growing Alternative Operations team in Hong Kong which oversees the accounting, reporting and administration for closed-end private equity funds. The team interacts with 3rd party service providers and internal groups such as portfolio management, operations, legal and compliance and product tax to ensure the funds’ financial activities are properly recorded. The position offers significant growth opportunities both organically as the firm expands our product offerings, specifically in the closed end space, as well as opportunities to be involved in ongoing platform wide projects.

Role Responsibilities

Oversee external administration, accounting and financial reporting for assigned group of funds;

Review NAV accounting packages prepared by the external administrators for accuracy and completeness as part of the periodic NAV close process for the funds;

Ensure periodic fund NAV, investor reporting, regulatory reporting, and financial reporting deliverable deadlines are met;

Consistently perform risk assessments and proactively drive improvements in internal control environment, technology enhancements and procedures both internally and at 3rd party service provider;

Review investor allocations, as well as management fee and distribution/waterfall calculations for funds;

Provide oversight of year-end audits performed by independent auditors in conjunction with external administrator involvement;

Research, interpret, document and implement new accounting releases that affect the funds;

Process capital calls and distributions when needed;

Assist with review and approval of fund operating expenses;

Assist with data aggregation and calculations for regulatory filings;

Work with external administrator, internal team members and other BlackRock groups to resolve fund accounting and other operational issues, as identified;

Perform periodic internal reporting to other BlackRock groups (e.g. fund metrics, AUM, fee revenue, investor data);

Lead and participate in group projects and initiatives;

Respond to ad hoc requests from outside investors and other BlackRock groups.

Communicate performance results to investors and resolve investors’ questions.

Participate in investor due diligence meetings, as required for product set, and explain the controls in place to ensure accurate reporting to clients is achieved


10+ years of investment / fund accounting /public accounting (audit) work experience or equivalent, including review experience for at least a portion of that time.

Strong leadership and management skills and ability to collaborate across many teams

Dynamic individual with very strong communication skills, both written (presentations/policies/process documents) and verbal.

Positive attitude with very strong problem solving skills

Great Multi-tasking skills, great project management skills and deadline focused

Minimum education requirement: Bachelor Degree in Accounting

Knowledge of technical and regulatory issues affecting the alternatives investment fund industry, including knowledge of investment company accounting/reporting, US GAAP and IFRS. (Real Estate/Private Equity/Valuation experience a plus.)

CPA candidate preferred but not required

Standout colleague with excellent interpersonal skills including ability to collaborate with a broad network of colleagues to help resolve issues

Excellent verbal and written communication skills – ability to interact and clearly communicate complex concepts to a wide variety of partners

Fluency in Microsoft Office (Excel, Outlook, Word, PowerPoint)

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 Employer.  We evaluate qualified applicants without regard to age, disability, family status, gender identity, race, religion, sex, sexual orientation and other protected attributes at law.

Apply Vice President, Investment Accounting Job


Tags : Blackrock jobs in Hong Kong, Jobs nearby Hong Kong HK, Investment Operations – Investments jobs in Hong Kong, Blackrock career in Hong Kong, Vice President, Investment Accounting job in Hong Kong, Job Opportunity in Hong Kong,

IT Job Stuff is one stop solution for IT lovers – Developers and Engineers in Hong Kong, HK, who is looking for career in software industry. We are here to share regular IT jobs updates from top companies like BlackRock, lets Apply Investment Operations – Investments job in Hong Kong HK

Required skills