Associate, Travel and Expense at BlackRock

Gurugram, Haryana, India

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Not SpecifiedCompensation

Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial Services, Asset ManagementIndustries

Requirements

Master's degree in Finance, Business Administration, or a related field
5-8 years of experience in expense management, finance operations, or project management roles
Strong project ownership and ability to deliver initiatives independently
Demonstrated experience in implementing tech-based or AI-driven solutions in process automation or expense analysis
High proficiency in Excel, PowerPoint; exposure to T&E systems (e.g., Concur, Coupa, Oracle)
Excellent analytical, communication, and stakeholder management skills
Ability to work in a fast-paced, matrixed environment and manage multiple priorities
Learning mindset and willingness to continuously improve and adapt to new technologies and practices
People management experience
Broader experience in Accounts Payable (added advantage)
Self-motivated team player with excellent attention to detail
Ability to consistently be attentive to detail while meeting critical deadlines and handling multiple tasks simultaneously
Ability to flourish in a fast-paced environment

Responsibilities

Identify and implement efficiency opportunities in existing workflows, policies, and controls (BAU)
Own and maintain internal controls around travel and expense policies, compliance, and audit readiness (BAU)
Conduct pattern-based spend analysis to detect anomalies, trends, and improvement areas (BAU)
Liaise with key internal stakeholders (HR, Compliance, Business Units) and external partners/vendors (travel management companies, tech providers) (BAU)
Collaborate with cross-functional teams to implement AI/technology-driven solutions that improve automation and decision-making (BAU)
Oversee the implementation and continuous improvement of BlackRock’s T&E Reimbursement Policy through automated workflow systems (BAU)
Monitor and report employee non-compliance with T&E policies, and support remediation efforts (BAU)
Deliver training to internal stakeholders to promote awareness and understanding of T&E policies (BAU)
Provide regular and ad-hoc reporting to internal collaborators and senior management to support external reporting obligations and internal decision-making (BAU)
Preparation of monthly T&E KPI along with commentary (BAU)
Assist in the planning, coordination, and execution of various process improvements (Project Support)
Collaborate with team members to ensure project timelines are met and objectives are achieved (Project Support)

Skills

Key technologies and capabilities for this role

Spend AnalysisInternal ControlsComplianceAudit ReadinessAI SolutionsAutomationWorkflow SystemsStakeholder ManagementData AnalysisTrend AnalysisAnomaly DetectionReporting

Questions & Answers

Common questions about this position

What is the location for this Associate, Travel and Expense role?

The role is based in Gurgaon as part of the wider Travel & Expense (T&E) team there, with the Global T&E team also having presence in Budapest.

What salary or compensation is offered for this position?

This information is not specified in the job description.

What education is required for this role?

A Master's degree in Finance is required.

What are the key responsibilities in this T&E role?

Key responsibilities include identifying efficiency opportunities in workflows, maintaining internal controls for compliance and audit readiness, conducting spend analysis, liaising with stakeholders, collaborating on AI-driven solutions, monitoring non-compliance, delivering training, and providing reporting.

What development opportunities does this role offer?

This is a globally focused role interacting with teams around the world, providing scope to effect positive change in the control environment by harnessing system capabilities and evaluating processes to create value for the firm.

BlackRock

About BlackRock

New York City, New YorkHeadquarters

1988Year Founded

$78,647.7MTotal Funding

IPOCompany Stage

Fintech, Financial ServicesIndustries

Benefits

Health Insurance

Unlimited Paid Time Off

Mental Health Support

Wellness Program

401(k) Retirement Plan

Risks

FDIC scrutiny could lead to regulatory challenges for BlackRock.

Workforce reduction may indicate internal financial pressures or strategic shifts.

Involvement in Yangzijiang Shipbuilding exposes BlackRock to geopolitical risks.

Differentiation

BlackRock's Bitcoin ETF, IBIT, reached over $50 billion in assets quickly.

The firm is developing a layer-2 tokenized real-world asset platform on Ethereum.

BlackRock's partnership with Frax Finance enhances its stablecoin market presence.

Upsides

IBIT's success attracts a broader range of cryptocurrency investors.

The Ethereum platform positions BlackRock as a leader in blockchain financial services.

Partnership with Frax Finance enhances digital finance offerings and compliance.

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