Vice President, Alternative Fund Controller

Your Team 

The Global Accounting and Product Services (GAAPS) division provides operational support to BlackRock’s portfolio management teams and clients. GAAPS is central to BlackRock’s operations in providing subject matter expertise, monitoring fund administrator service delivery in relation fund accounting and financial reporting, supervising operational capacity for new products, contributing to projects in relation to product launches and collaborating closely with fund administrators, auditors, fund directors and portfolio managers. The group comprises of a number of teams and is organized both functionally and regionally. 

Your Role, Impact and Responsibilities 

• Oversee day to day external administration and accounting reporting for assigned funds; 

• Review NAV accounting packages prepared by the external administrators for accuracy and completeness as part of the periodic NAV close process for the funds; 

• Ensure fund NAV, investor reporting, regulatory reporting deliverable deadlines are met; 

• Perform reviews of financial statements prepared by the external administrators to ensure accuracy, completeness and compliance with GAAP/IFRS; Providing operational and accounting support for all investments within the Alternatives platform. Assist in developing operating models to address support of manual or unusual aspects of new alternative products and investments; 

• Actively ensure a best in class control environment exists internally in an oversight capacity and externally within our 3rd party administrators; 

• Provide on-going operational support for complex products or investment types, which includes reconciling data received from third; 

• Lead external and internal administration and accounting for certain mandates, including investment valuation, data management, and asset and cash reconciliations; 

• Oversee regulatory compliance with SEC, NFA, and other regulations for product’s under the individual’s purview; 

• Responsible for engaging with audit team around complex accounting topics and successful planning, coordination and completion of audited financials each year; 

• Field custom reporting requests and projects for investors and/or business specific needs and develop reporting to deliver back to clients/partners; 

• Lead collaboration with external service providers, internal team members and other BlackRock groups to resolve operational issues, as identified. 

You have... 

• 10 years of experience in private accounting as a fund controller. 

• Big 4 experience and CPA designation are a plus. 

• Bachelor's degree in Accounting (strongly preferred) or Finance. 

In addition, the ideal candidate will have the following qualifications: 

• Experience with a variety of open-end alternative investment products and asset classes. 

• Experience with accounting, operations and NAV production or review for complex, multi-tiered fund structures including tax blockers and other special purpose vehicles for private investments; 

• Strong knowledge of hedge capital mechanics including series and capital accounting, investor allocations, incentive fee calculation and allocation, series roll-ups; 

• Strong understanding of risks and controls and ability to drive enhancements and efficiencies in oversight processes; 

• Prior experience managing or driving tactical or strategic projects around fund operations (e.g. conversions, data migrations, process changes, etc.); 

• Strong written and oral communication skills, analytical abilities and attention to detail; 

• Self-motivated with strong sense of ownership, ability to effectively manage multiple initiatives and deadlines; 

• Proficient Excel and macro skills.