Tax Associate at BlackRock

Budapest, Budapest, Hungary

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Not SpecifiedCompensation

Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial Services, Asset ManagementIndustries

Requirements

Degree in Business, Accounting or Finance or equivalent
4+ years of experience in tax, accounting, investment management, brokerage, capital markets, or custody
2+ years of people management preferred
Documentation/compliance experience preferable
Exposure to project management would be desirable
Specific experience with the use of technology to improve efficiency of processes
Comfort with general accounting/investment management concepts and systems
Highly organized, strong attention to detail with ability to manage multiple work-streams with varied deadlines
Strong Excel / database skills preferred
Self-starter able to work independently when necessary
Ability to work flexible hours on occasions due to interface with global colleagues

Responsibilities

Ongoing monitoring of external custodial documentation reporting and ad-hoc documentation requests to address maintenance of critical BlackRock fund tax documentation
Develop escalation protocols to resolve time-sensitive documentation issues
Facilitate production, execution, recording and transmittal of tax-critical documents to custodians and third parties as required
Assist in ongoing maintenance of various Tax data points within BlackRock’s Aladdin platform
Complete periodic reconciliation of fund tax rate entitlements and reporting classifications in BlackRock systems against custodial systems and/or administrator systems to ensure alignment
Take the lead in certain projects, to improve processes and efficiency, which can be global in nature
Drive performance through identification and use of technology solutions to the Product Tax processes
Administration of other regular and/or ad hoc MIS reporting as required
Act as a cultural ambassador and mentor to other colleagues in the Budapest office

Skills

Key technologies and capabilities for this role

AladdinTax DocumentationTax ComplianceData ReconciliationCustodial ReportingProcess ImprovementEscalation ProtocolsRegulatory Compliance

Questions & Answers

Common questions about this position

Is this a remote position or based in an office?

The role is based in Budapest and will be part of the Budapest office.

What is the salary or compensation for this Tax Associate role?

This information is not specified in the job description.

What key skills or experiences are required for this position?

The role requires skills in monitoring custodial documentation, facilitating tax document production and transmittal, maintaining tax data in the Aladdin platform, process improvement through projects and technology, and stakeholder management with global colleagues.

What development opportunities does this role offer?

The role provides opportunities to develop knowledge of fund-level tax across regimes, work across BlackRock functions, understand products, build technical tax knowledge, gain project management experience, exposure to senior management, and soft skills in stakeholder management.

What makes a strong candidate for this Tax Associate position?

Strong candidates will have experience in tax operations, documentation management, data reconciliation, process improvement projects, technology-driven solutions, and the ability to interface with global stakeholders flexibly.