BlackRock
Location
Mumbai | India
Job description
Description
About this role
Business Unit Overview:
The Global Accounting and Product Services (GAAPS) division provides operational support to BlackRock Funds’ portfolio management teams and clients. Together with Financial Statements Review, Regulatory Filings and Audit and Support organizations, the BlackRock Fund Administration teams have the responsibilities for all NAV and fund accounting matters and, financial & regulatory reporting ("BlackRock Funds”), We are central to BlackRock’s operations in providing subject matter expertise, supervising fund administrator service delivery in relation fund accounting, financial reporting and regulatory filings, responsible for operational capacity for new products, giving to projects in relation to product launches and collaborating closely with fund administrators, auditors, fund directors and portfolio managers. The group comprises of multiple teams and is organized both functionally and regionally
Job Purpose/Background :
Regulatory, Financial, and Disclosure Operations within Global Financial Reporting and act as a centralized coordinator of the annual update process (prospectus and SAI updates), prospectus supplements and provides oversight that requires accountability, communication, and coordination amongst internal and external participants.
Development Value:
This role provides opportunities to collaborate with, and work alongside, the product groups and presents opportunities to develop career paths within the function or into other operating teams or product or client-facing business areas. The broad fund range offers individuals opportunities for further personal learning, both in terms of the product types and accounting complexities, as well as the ongoing development of technical strengths. BlackRock supports continuous learning for all employees and provides a study assistance package for relevant qualifications such as the CFA Charter-holder among others.
Key Responsibilities:
Perform risk and quality review procedures of externally prepared US regulatory reports
Oversee the internal production of certain US and EMEA regulatory reports and filings
Collaborates internally to track applicable regulatory developments and reporting requirements
Management and coordination of annual and supplemental updates to the prospectuses and Statements of Additional Information (“SAI”) regulatory forms for all open-end mutual funds & post documents on the BlackRock website
Complete filings on time
Review of invoices related to all filings and print/typeset submitted by vendors through invoice portal.
Skills/Qualifications:
A college degree is required, preferably in accounting (1 – 4 years).
The role would suit a qualified accountant with audit experience in investment management or financial services audit or, alternatively, experience within a financial reporting & regulatory reporting or filing environment at a fund administrator (preferred , not mandatory)
Computer proficiency in Excel, Word, and PowerPoint.
An understanding of the current requirements of the global accounting standards and regulatory requirements, as they apply to Investment Funds.
Display a focused interest in keeping informed of industry developments, and investment product changes.
Proficiencies:
Analyze relevant information using logic and consider relevant facts to make rational, realistic and sound decisions (Analytic Ability)
Produces accurate work and spots mistakes/errors and makes appropriate corrections (Attention to Detail)
Excellent verbal, written skills including ability to clearly articulate results of financial analyses as wells as issues to senior management and the auditors (Interpersonal Skills);
Self-motivated, resolves to achieve goals and works hard to meet those goals. (Drive, Determination and Execution);
Able to efficiently prioritize workloads and handle timelines. The successful individual will need to be highly organized and able to pro-actively co-ordinate on time delivery by all parties, and everyone in their team, on timetabled activities. (Plan and Prioritize);
Understands common business and financial terminology including how organizations operate, contend, and grow (Business Insight)
Actively demonstrates the BlackRock principles daily
#EarlyCareers
Our benefits
To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.
Our hybrid work model
BlackRock’s hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. 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. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person – aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.
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