Description
This role sits within the Global Corporate Consolidation & Control team and supports the integrity of BlackRock's intercompany accounting processes across EMEA, APAC, and the Americas.
Key Responsibilities:
- Intercompany Accounting & Close:
+ Verify manual settlements for global intercompany positions. + Submit manual settlements for payment. + Prepare/post multi-currency journals for manual settlements in line with the month-end calendar. + Perform balance sheet reconciliations, including providing suitable documentation and clearing reconciling items on a timely basis. + Proactively investigate and resolve intercompany breaks across the Group.
- Corporate Consolidation:
+ Support the Corporate Consolidation team with performing group-level consolidations and validations. + Support maintenance and changes within the legal entity hierarchy as required. + Participate in project work for the Corporate Control team to support legal entity acquisitions, restructures, rationalisations, and UAT testing within the consolidation system (FCCS).
- Controls & Governance:
+ Provide commentary and metrics on balance sheet movements for month-end reporting purposes and senior management. + Ensure compliance with US GAAP and internal accounting policies. + Act as a point of contact and support audit requests and walkthroughs. + Actively identify and remediate control gaps and process inefficiencies.
- Process Improvement & Automation:
+ Identify opportunities to streamline Corporate Control & Intercompany processes across the BlackRock Group. + Support automation initiatives (e.g., reconciliation tooling, template standardisation). + Utilise AI solutions for process enhancements and enhancing controls by proposing and sharing best practices. + Participate in project work across the Corporate Control team, including UAT testing and supporting strategic projects.
- Stakeholder Management:
+ Build relationships with other Finance teams to ensure that all stakeholders' reporting requirements are met in a complete and timely manner. + Liaise with regional controllership and functional teams to resolve intercompany breaks.
Development Value:
- Experience with process automation initiatives, including opportunities to work with AI-enabled tools, workflow automation, and data-quality improvements.
- The ability to build capability in evaluating, testing, and enhancing new technological solutions used within Finance.
- Development of cross-functional communication skills through interaction with teams globally.
- Opportunities to lead or support transformation projects, enhancing both analytical skills and project-delivery experience.
- Broader Corporate Control exposure, enabling progression into roles across reporting, controls management, systems accounting, or process transformation disciplines.
Requirements:
- Part-qualified accountant or qualification through experience preferred.
- 2-3 years of accounting experience (ideally with Financial Services or large corporate experience).
- Exposure to intercompany, reconciliations, or financial close preferred.
- Strong Excel and data handling capability.
- Prior experience of working with ERP systems (such as Oracle) and AI tools is desirable.
Benefits:
- A strong retirement plan.
- Tuition reimbursement.
- Comprehensive healthcare.
- Support for working parents.
- Flexible Time Off (FTO).
Hybrid Work Model:
- Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week.