About this role
As a Vice President of Fund Accounting, you will be part of a high-growth, high-impact team focused on providing fund accounting and administration services to our portfolio. You will support the team in the day-to-day management of the broader Fund Accounting team and contribute to the strategic growth and development of the team.
Additionally, you will provide a senior-level review of fund accounting deliverables for our clients, ensuring the integrity and high quality of client deliverables, as well as managing key client and stakeholder relationships.
Key Responsibilities
Lead a
team and
be re
sponsible for
the
delivery of client deliverables in line with SLAs, with a critical focus on quality
Partner closely with other teams and across the business to support and drive our operational efficiency and technology-driven automation agenda. Collaborate with the Head of Fund Accounting to define our target state operating model
Build strong relationships with key client contacts across their investment management deals
Manage effective and
appropriate communication
and escalation of issues both internally and to clients. Act as a point of escalation for senior client members
Lead the onboarding of new clients and funds, including working closely with clients to understand and support aspects of fund structuring, such as administrative implications of onshore and offshore feeders, tax blockers, and parallel master fund structures
Review limited partnership agreements, as well as other legal, investment, and loan agreements, ensuring compliance with key terms, covenants, and restrictions
Provide senior-level review support for quarterly and annual financial statements
in accordance with
relevant accounting standards (UK GAAP, US GAAP, Canadian GAAP, and Lux GAAP), investment performance reporting, and other investor deliverables
Model and review complex calculations such as carried interest waterfalls, equalization, management fees, and incentive fees
Provide senior-level review of complex investment reconciliations, leverage, and interest calculations
Oversee relationships with auditors and tax advisors to ensure the
timely
completion of audit and tax engagements
Act as a point of escalation for operational issues or resolutions of complex aspects of audit and tax engagements
Effectively manage, mentor, and motivate team members to drive personal growth and career development, ensuring the operation of a high-performing, effective team unit
Contribute to business growth by
participating
in
RfP
submissions, client pitches, and other business development activities
Skills, knowledge &
expertise
Total
12+ years of and 7
+ years of experience in private equity in multiple sectors (
FoF
, Co-invest, credit, secondary, etc.) in key requirement for this role
University degree in accounting and/or finance.
CA, CPA, CFA, CAIA, ACCA, or other accounting/ finance certification(s) preferred
Strong Exposure in end-to-end preparation of financial statements and PE year-end financial reports
Strong understanding of complex private equity fund structures
Strong Experience working with relevant accounting standards
(
e.g.
US, UK, Lux GAPP)
is mandatory
Good exposure in complex calculations and building waterfall models
Must have sound knowledge in computing LCIs,
Equalization
and carry models
Conceptual understanding
on
complexities of preparing the financials from the TBs manually
Profession
accounting qualifications/qualified by experience
is
essential
Experience with
FIA (Front Invest Analytics)
is a plus
A strong leader with excellent communication and interpersonal skills, able to motivate, coach and mentor team members
in order to
maximize
their contribution and at the same time build strong, lasting relationships with
client
and stakeholders
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.
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
@blackrock
| Twitter:
@blackrock
| LinkedIn:
www.linkedin.com/company/blackrock
BlackRock is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to age, disability, family status, gender identity, race, religion, sex, sexual orientation and other protected attributes at law.
