Director, General Accounting / Corporate Controllers - New York at BlackRock

New York, New York, United States

BlackRock Logo
Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Asset Management, Financial ServicesIndustries

Requirements

  • 15+ years of experience in consulting, portfolio management, operations, fund accounting, or related areas with a focus on private funds and private markets investments
  • Former big-4 audit and lead controller experience in the alternative asset industry is preferred
  • Proven ability to lead a distributed team of 30+ individuals with strong people management skills
  • Bachelor’s degree in finance or accounting or equivalent experience is required; CPA preferred
  • Understanding of systems and data architecture is essential
  • Familiarity with eFront and/or Aladdin is a plus
  • Excellent written and oral communication skills
  • Ability to multi-task in a fast-paced environment
  • Highly organized and adaptable to variable deadlines
  • Strong analytical and problem-solving abilities
  • Demonstrated success in high-performance or high-demand environments
  • Initiative and a willingness to contribute beyond the scope of the role to achieve team and firm objectives

Responsibilities

  • Collaborate with Alternative Operations and Private Markets leadership to improve the operating model for private funds, incorporating best-in-class processes and innovative technology
  • Partner with client-facing teams to support client due diligence meetings and requests
  • Work closely with Portfolio Management, Operations, and Client Servicing/Reporting teams to develop a robust operating model for the Alternatives platform
  • Serve as the main point of contact for critical issues with our business partners
  • Coordinate process re-engineering to identify risk areas, implement scalable solutions, and drive efficiencies
  • Develop mechanisms to monitor business as usual (BAU) processes and produce platform-wide metrics to better understand the highest areas of risk in our oversight model
  • Provide thought leadership and guide the team towards increased independence in BAU and fund ownership
  • Engage team members in career development conversations to promote growth and skill improvement
  • Collaborate with external fund administrators to improve controls, reduce operational risk, and increase accuracy
  • Participate in health checks to evaluate operational frameworks for efficient service from administrators
  • Resolve operational issues in collaboration with external service providers, internal team members, and other BlackRock groups
  • Actively participate as a voting member on private valuation committees for direct co-investments
  • Ensure process documentation and controls are regularly updated and reviewed
  • Lead cash management and credit facility meetings with senior team members within the Alternatives platform
  • Engage in new product onboarding with Product Oversight and Fee Oversight teams, including a detailed review of draft legal documents, especially fee mechanics

Skills

Fund Accounting
Alternative Investments
Risk Management
Process Re-engineering
Client Servicing
Portfolio Management
Operations
Financial Reporting
Metrics Analysis
Thought Leadership

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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