For Recruiters

Alternatives Vice President - BDC Finance Team, US Private Capital

BlackRock
Los Angeles, United States
Posted 2 days ago Permanent Competitive
Alternatives Vice President - BDC Finance Team, US Private Capital
Description

About this role

GAAPS Alts Vice President - BDC Finance Team, US Private Capital
Global Accounting and Product Services ("GAAPS"): Alternatives Operations supports BlackRock Alternative Investments ("BAI") and over $235B of assets globally. BAI takes a dynamic approach to alternative investments, creating investment vehicles that increasingly capitalize on evolving opportunities in fast-changing markets. We offer clients strategies designed to provide returns with varied correlations to the equity and bond markets, including private equity, real estate equity and debt, hedge funds of funds, single strategy hedge funds, long-only absolute return strategies, commodities and structured credit products. BlackRock is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate individuals without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.

BlackRock's Global Alternative Operations team is pursuing a highly experienced accounting and finance professional for the role of Vice President in our BDC Finance team located in Santa Monica, CA. As a Vice President in the BDC Finance team you will be supporting BlackRock's expanding Business Development Company ("BDC") platform.

Team Overview
Elevate your career by joining the world's largest asset manager! Thrive in an environment that fosters positive relationships and recognizes outstanding performance! Responsibilities include: maintenance and oversight of accurate books and records, heavy involvement in the preparation of financials and various SEC filings, and a variety of other financial and board reporting functions.
Role Responsibility
  • Prepare financial reporting, including SEC filings and related disclosures, as well as management reporting;
  • Participate in the preparation of quarterly board materials, investor presentation data, and other quarter end reporting;
  • Maintain the books and records in Advent Geneva (preparation and/or oversight) for month end and quarter end close;
  • Perform cash analyses and forecasting;
  • Assume responsibility of incentive fee calculation, tracking and projection. Gain a detailed understanding of its mechanics and how possible outcomes will impact the results;
  • Prepare periodic lender collateral reporting and compliance reports;
  • Adhere to Sarbanes-Oxley compliance and participate in ongoing internal control testing in order to ensure the best in class control environment;
  • Liaise with accounting agent, custodian, stock transfer agent, and other outside vendors with respect to daily business activities;
  • Assist in preparation and monitoring of RIC compliance tests, borrowing base calculations, asset coverage tests, liquidity tests, etc;
  • Working knowledge of tax matters related to the BDC, and ability to liaise with Product Tax group on such matters.
Experience
We are looking for an experienced candidate who will be detail oriented, highly analytical and proactive with respect to identifying and implementing processes to obtain increased accuracy, internal controls and greater efficiencies. Additionally, candidate should be able to flourish in an extremely fast-paced and growing environment.
  • At least 8 years of related experience, preferably with a BDC, a publicly traded entity or a "Big 4" public accounting firm;
  • Experience in accounting, reporting and/or auditing of a public BDC under the Investment Company Act of 1940;
  • Strong accounting skills, including knowledge of US GAAP and financial statement presentation; CPA is preferred; CFA is a plus;
  • Thorough knowledge of internal controls as they relate to the accounting operations of a publicly traded entity including Sarbanes-Oxley certification and compliance processes;
  • Strong working knowledge of accounting and valuation for private loans and private debt a plus;
  • Public company filing and earnings publication experience is required; knowledge of Advent Geneva accounting platform is preferred;
  • Ability to work under pressure and meet deadlines in a fast-paced and team- oriented environment;
  • Experience managing a small accounting or reporting team;
  • Ability to summarize and present corporate financial results to senior management and the Board of Directors;
  • Excellent communication skills (written and verbal);
  • Ability to assist in facilitating process integration and improvements;
  • Strong organizational, analytical, problem-solving and planning skills, including the ability to multitask;
  • Proficient in Microsoft Office products, with emphasis on Excel and Powerpoint.


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 pilot

BlackRock's current hybrid work pilot is designed to help you experience the best of both worlds: the opportunity to connect with colleagues in person and the flexibility to work remotely, with greater time to focus on what's important to you. In line with local health guidance and regulations, employees are generally expected to work 3 days in the office and 2 days from home (on average) each week. For some business groups, more time may be required in the office, while greater flexibility may be in place for others. Our "One BlackRock" culture means you'll be supported to collaborate with your new colleagues while bringing your full self to work - wherever you are.

The health, safety and well-being of our people will always be our top priorities; we will continue to monitor local conditions and health advisories in making decisions about our work environments.

About BlackRock

At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. Our clients, and the people they serve, are saving for retirement, paying for their children's educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.

This mission would not be possible without our smartest investment - the one we make in our employees. It's why we're dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.

For additional information on BlackRock, please visit careers.blackrock.com | www.blackrock.com/corporate | Instagram: @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

BlackRock is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.

We recruit, hire, train, promote, pay, and administer all personnel actions without regard to race, color, religion, sex (including pregnancy, childbirth, and medical conditions related to pregnancy, childbirth, or breastfeeding), sex stereotyping (including assumptions about a person's appearance or behavior, gender roles, gender expression, or gender identity), gender, gender identity, gender expression, national origin, age, mental or physical disability, ancestry, medical condition, marital status, military or veteran status, citizenship status, sexual orientation, genetic information, or any other status protected by applicable law. We interpret these protected statuses broadly to include both the actual status and also any perceptions and assumptions made regarding these statuses.BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.
Job ID  R223830
More Jobs From BlackRock
BlackRock
Vice President, Alternatives (Credit) Risk Management
BlackRock
Los Angeles, USA
4 days ago Full time Competitive
BlackRock
US Private Credit Liability Management - VP
BlackRock
Los Angeles, USA
5 days ago Full time Competitive
BlackRock
Associate Investment Services-Wilmington
BlackRock
Wilmington, USA
4 days ago Full time Competitive
BlackRock
Associate, Investment Accounting
BlackRock
Frankfurt am Main, Germany
4 days ago Full time Competitive
BlackRock
Regulatory Reporting Analytics Associate
BlackRock
Wilmington, USA
4 days ago Full time Competitive
BlackRock
Investment Accounting Analyst/Associate
BlackRock
Wilmington, USA
4 days ago Full time Competitive
BlackRock
Investment Accounting Vice President-Data Management
BlackRock
Wilmington, USA
4 days ago Full time Competitive
BlackRock
Valuations Associate
BlackRock
Edinburgh, United Kingdom
3 days ago Full time Competitive
BlackRock
Aladdin Accounting Platform Team - Associate
BlackRock
Atlanta, USA
3 days ago Full time Competitive
BlackRock
Associate, Investment Accounting
BlackRock
Singapore
2 days ago Full time Competitive
Recommended Jobs
Kroll, LLC
Senior Associate, Valuation Services
Kroll, LLC
Chicago, United States
IHS Markit
Sales & Use Tax Manager
IHS Markit
Englewood, United States
Kroll, LLC
Analyst, Valuation Services
Kroll, LLC
Chicago, United States