# Fund Accounting Associate

**Company**: BlackRock
**Location**: Princeton, NJ
**Work arrangement**: hybrid
**Job type**: full-time
**Salary**: USD$95,000.00 - USD$127,500.00
**Category**: Finance
**Industry**: Finance
**Wikidata**: https://www.wikidata.org/wiki/Q219635

**Apply**: https://blackrock.wd1.myworkdayjobs.com/en-US/BlackRock_Professional/job/Princeton-NJ/Associate--Private-Credit-Fund-Accounting--PFS_R265356?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply
**Canonical**: https://yubhub.co/jobs/job_e447e14f-210

## Description

BlackRock's Private Financing Solutions division is hiring a Fund Accounting Associate to support BLK Private Credit Funds. The successful candidate will be part of a core accounting team in Princeton, NJ.

The Fund Accounting Associate performs an integral role within the Fund Accounting team, responsible for reviewing and reconciling the funds' books and records, liaising with internal departments and external third-party fund administrators.

Responsibilities:

- Monthly and quarterly closing of the funds' books with fund administrators & maintaining shadow books and records

- Preparation and review of complex Management fee and incentive fee calculations

- Preparation and review of partners' capital statements

- Preparation and review of capital call and distribution calculations and notices

- Review of fund expenses for accuracy and coordination of accruals and payments

- Calculation and review of monthly investor return and NAV estimates

- Preparation and review of quarterly and annual GAAP financial statements

- Drive increased efficiency and innovation through continuous review of operating procedures and planning / managing, evaluating, and implementing technology improvements

- Demonstrate complete ownership of the day-to-day accounting and administrator oversight to ensure timely and accurate delivery of reporting to Investors

- Ensure a robust control environment exists both at the fund service providers and internally to ensure risk of error is mitigated

- Be actively involved in Accounting Policy related discussions, understand and communicate the impact to the business, financial results, and reporting/disclosure requirements if applicable

- Responsible for regulatory compliance with SEC, NFA, and other regulations for products under your guidance

- Ad hoc reporting and projects

The ideal candidate will have:

- Bachelor's degree in Accounting, Finance, or Economics

- 3-5 years of combined work experience in a Fund Accounting, and/or public accounting role supporting clients within the financial services industry

- Excellent communication skills, both written and verbal

- Ability to work independently with the willingness to constantly think outside of the box

- Highly organized and proven ability to execute and manage complex logistics, projects, and tasks under tight time constraints

- Strong analytical/logical mindset and attention to detail; extensive experience working with large sets of data

- Fluency required in Excel (VBA knowledge a plus), PowerPoint and Word

## Skills

### Required
- Accounting
- Finance
- Excel
- PowerPoint
- Word

### Nice to have
- CPA
- Big Four public accounting experience
- Private Credit experience

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Source: [Apply at blackrock.wd1.myworkdayjobs.com](https://blackrock.wd1.myworkdayjobs.com/en-US/BlackRock_Professional/job/Princeton-NJ/Associate--Private-Credit-Fund-Accounting--PFS_R265356?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply)