Global Revenues Associate at BlackRock

Edinburgh, Scotland, United Kingdom

BlackRock Logo
Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, Asset ManagementIndustries

Requirements

  • Qualified accountant (CA/ACA/ACCA/CIMA)
  • Strong control mindset
  • Proficiency in the full MS-Office suite, particularly MS-Excel (detailed knowledge and experience of using Excel formulae/look-ups and pivot tables); aptitude for learning new applications
  • Strong willingness to learn with a high-level of motivation and adaptability
  • Well-organized, methodical and detail orientated with an ability to work to tight deadlines
  • Strong analytical and problem-solving skills with an ability to synthesize information and summarize key issues
  • Ability to clearly and confidently communicate in verbal and written form, with all levels of the business
  • Initiative and confidence to identify potential process improvement opportunities and helping deliver benefit to the business
  • Desirable
  • 3+ years previous experience of working within financial services, ideally within Investment Management
  • Experience of accounting systems, processes and controls

Responsibilities

  • Ensure strong controls and procedures are in place in relation to the general ledger
  • Work on special projects including updates of operational policies and procedures
  • Provide timely responses to inquiries and special requests
  • Ensure revenue, and any related expense, is recorded properly in accordance with US GAAP
  • Review and record actual and accrual entries in the general ledger
  • Analyze monthly revenue numbers and accruals
  • Perform invoices and balance sheet account reconciliations at month end
  • Provide commentary around revenue and debtors analysis (analyzing AUM flows, market movements, adjustments, etc.)

Skills

US GAAP
General Ledger
Revenue Recognition
Financial Controls
Account Reconciliation
Accruals
Month-End Close
AUM Analysis
Financial Reporting
FP&A
Excel

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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