Associate, Treasury Accounting at BlackRock

Atlanta, Georgia, United States

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Not SpecifiedCompensation

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

Full TimeJob Type

UnknownVisa

Asset Management, Financial Services, AlternativesIndustries

Requirements

Detail oriented and highly analytical
Proactive in motivating change to increase efficiency while maintaining effective controls
Attention to detail, controls focus, and excellent communication skills
Upbeat and proactive individual

Responsibilities

Partner directly with global, multi-functional teams to administer the Company’s carried interest plans
Connect with management of various levels throughout the organization to acquire a complete understanding of carry plans from inception through dissolution and document details of such plans
Maintain accurate and timely plan data by General Partner entity, plan and participant using the eFront G/L system
Establish open communication lines with appropriate partners, especially in Human Resources, Tax, Fund Accounting and Legal
Maintain GAAP and tax balances for reporting in the Oracle General Ledger and for reporting to participants
Produce periodic (quarterly/annual) management reports on the firm's General Partner entities and related carried interest allocations to participants
Produce and distribute periodic participant capital statements and payments to plan participants
Assist with ad hoc projects and reporting requests including updates of operational policies and procedures
Ensure strong controls and procedures are in place in relation to the general ledger
Provide timely responses to inquiries and special requests
Perform balance sheet account reconciliations at month end
Provide commentary around balance sheet account movements (analyzing Investment values, payments etc.)

Skills

Treasury Accounting

GP Accounting

Carried Interest

Financial Reporting

Financial Controls

Month-End Postings

Capital Distributions

Financial Analysis

Regulatory Reporting

Stakeholder Communication

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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