Vice President, Institutional Accounting
Location: Wilmington
Posted on: June 23, 2025
|
|
Job Description:
Are you an Investment Accounting professional searching for an
exciting, significant, multi-faceted opportunity with the worlds
largest asset manager? If you pride yourself on building positive
relationships, developing process solutions and bringing strategic
visions to fruition, then look no further! BlackRock is pursuing a
Vice President to become a part of the team. We recognize that
strength comes from diversity, and will accept rare skills,
eagerness, and passion. All the while supporting the freedom to
grow authoritatively and as an individual. We know you want to feel
valued every single day and be recognized for contributions! At
BlackRock, we strive to equip our employees and actively engage
their involvement in our success. Our technology and services
empowers millions of investors to save for retirement, pay for
college, buy a home and improve their financial well-being. Join
the team and experience what it feels like to be part of an
organization that makes a difference. Our Investment Accounting
Group provides accounting and regulatory data services to insurance
clients. Our accounting services include the reconciliation,
tracking, accounting for assets, along with preparation and
oversight of monthly packages and regulatory schedules. The Role:
Responsible for handling all aspects of accounting and reporting
services and meeting the needs and evolving priorities of our
clients. Focus on delivering BlackRock to clients by supporting the
monthly accounting close, leading client/department initiatives,
improving the process and controls using capabilities of other
parts of the BlackRock organization as the need arises. There is an
opportunity for continued professional development with a career
path within the group, or into other operating teams or
client-facing business areas across BlackRock. Our suite of
services provided to our clients offers opportunities for further
personal learning, both in terms of the product types and
accounting complexities, as well as the ongoing development of
technical strengths. Key responsibilities include: • Develop a
detailed knowledge of BlackRock’s capabilities, products and
services for insurance companies. • Keep abreast of and optimally
communicate the implications of the evolving regulatory landscape
and new accounting pronouncements to ensure compliance by our
insurance company, across multiple bases of accounting i.e. IFRS,
US Statutory, US GAAP, etc. • Support business growth,
implementation of new clients, and client retention within the
insurance sector working in partnership with other BlackRock teams.
• Represent accounting on cross-functional projects and working
groups in support of delivering key business and client objectives
• Contribute to the continual development of the investment
reporting production and control processes to optimize efficiency.
• Mitigate risk and incorporate business and product changes,
ensuring procedures are maintained in line with all current
practices. • Work with vendor partners to ensure that our
development priorities are clearly stated and champion the
completion of each • Provide expert-level support on in person and
phone conversations with clients on accounting-related matters •
Conduct periodic training with the Investment Accounting Team.
Review all quarterly NAIC or other regulatory reconciliations with
appropriate follow-up and resolution. • Assist with audits in
reviewing results and recommend changes in control and in answering
any follow-up questions Experience Required: • Minimum 6 years of
proven experience in investments/markets and understanding of
investment accounting • Knowledge of insurance companies, including
the regulatory and accounting constraints and standards under which
they operate • Continuous operational improvement and control
enhancement mentality. • Familiarity with product- specific
financial reporting and disclosures • Exceptional verbal and
written communication skills • Proficiency in Microsoft Word,
Excel, and PowerPoint For Wilmington, DE Only the salary range for
this position is USD$117,500.00 - USD$173,500.00 . Additionally,
employees are eligible for an annual discretionary bonus, and
benefits including heath care, leave benefits, and retirement
benefits. BlackRock operates a pay-for-performance compensation
philosophy and your total compensation may vary based on role,
location, and firm, department and individual performance. 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. 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.
Keywords: , East Brunswick , Vice President, Institutional Accounting, Accounting, Auditing , Wilmington, New Jersey