Vice President, Alternatives Fund Accounting
Location: Wilmington
Posted on: June 23, 2025
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Job Description:
Elevate your career by joining the worlds largest asset manager!
Thrive in an environment that promotes positive relationships and
recognizes outstanding performance! We know you want to feel valued
every single day and be recognized for your contribution. At
BlackRock we strive to empower our employees and actively engage
your involvement in our success. With over USD $6 trillion of
assets we have an outstanding responsibility: our technology and
services empower millions of investors to save for retirement, pay
for college, buy a home and improve their financial well-being.
Team Overview The Global Accounting and Product Services (GAAPS)
division is responsible for providing operational support to
BlackRock’s portfolio management teams and clients. GAAPS is
central to business operations in providing subject matter
expertise, monitoring fund administrator service delivery in
relation to fund accounting and financial reporting, monitoring
operational capacity for new products, supporting projects
regarding product launches and liaising with fund administrators,
auditors, fund directors and portfolio managers. The group
comprises of a number of teams and is organized both functionally
and regionally. This position is within the Open-End NAV Oversight
team supporting alternatives in the US. Role Responsibilities •
Ensure best in class control environment exists internally and
externally within our 3rd party administrators • Partner with
internal teams who support the same product set, including our
portfolio management, legal, tax, product strategy, corporate
accounting and finance and all other necessary groups • Support the
business in the launch of new products or the liquidation of legacy
products at the end of their stated term • Perform detailed reviews
and analysis of key reconciliations (cash, position) and contribute
to resolution of breaks • Review portfolio P&L in conjunction
with approval of NAVs and remediate outages between internal and
external calculations • Recalculate management and performance
fees, including those with high-watermark and hurdles, in
connection with NAV reviews and approvals • Provide input on annual
audited financials along with the alternative financial reporting
group • Product management responsibilities including liaising with
funds’ independent auditors, tax providers and administrators to
ensure proper close-out of all open inquiries • Support required
regulatory filings, such as Form PQR, Form PF, and AIFMD filings •
Communicate performance results to investors and resolve investors’
questions • Group project opportunities related to implementation
of new product accounting, operational procedures, and planning /
evaluating technology enhancements • Support the investment and
business team with marketing and product launches Experience •
Bachelors’ degree in Accounting (strongly preferred) or Finance.
CPA a plus. • 5 - 9 years of investment / fund accounting / public
accounting (audit) work experience or equivalent, including review
experience. • Excellent attention to detail and written and verbal
communication skills • Proper and effective accounting skills
including knowledge of GAAP and financial statements. • Sound
analytical and problem solving skills. • Works effectively to plan
and prioritize responsibilities including ongoing and ad hoc
projects simultaneously; • Fluent in Microsoft Office products,
emphasis on Excel.
Keywords: , Olney , Vice President, Alternatives Fund Accounting, Accounting, Auditing , Wilmington, Maryland
