About this role
Your team
The Investment Accounting Group provides accounting and regulatory data services to insurance clients. The team supports the reconciliation, tracking and accounting of investment assets, as well as the preparation and oversight of monthly accounting packages and regulatory schedules.
Your role and impact
As a Vice President in Investment Accounting, you will play an important role in delivering accounting and reporting services that meet the evolving needs of insurance clients. You will support the monthly accounting close, lead client and departmental initiatives, strengthen processes and controls, and collaborate across BlackRock to deliver key business and client objectives.
The breadth of services provided to insurance clients creates opportunities to deepen expertise across investment products, accounting complexities and regulatory requirements while further developing technical and client-facing capabilities.
Your responsibilities
In every role at BlackRock, you'll be expected to apply sound judgement and critical thinking to solve complex problems, adapt as the business evolves, and combine the curiosity to explore new approaches and technologies with the rigor to challenge the results.
The scope of this role also includes the following responsibilities:
- Develop deep knowledge of BlackRock’s capabilities, products and services for insurance companies, and communicate the implications of evolving regulatory requirements and accounting pronouncements across IFRS, US Statutory and US GAAP.
- Support business growth, new-client implementation and client retention within the insurance sector in partnership with teams across BlackRock.
- Represent Investment Accounting on cross-functional projects and working groups supporting key business and client objectives.
- Drive continuous improvement of investment reporting production and control processes to enhance efficiency, mitigate risk and incorporate business and product changes.
- Partner with vendors to communicate development priorities clearly and support delivery against those priorities.
- Provide expert accounting support to clients and conduct periodic training for the Investment Accounting team.
- Review quarterly NAIC and other regulatory reconciliations, drive appropriate follow-up and resolution, and support audits by reviewing results, recommending control enhancements and responding to follow-up questions.
Your experience
- Minimum 8 years of experience in investments or markets, with a strong understanding of investment accounting.
- Knowledge of insurance companies and the regulatory and accounting standards under which they operate is preferred.
- Strong focus on continuous operational improvement, process efficiency and control enhancement.
- CA, CPA or similar professional qualification, together with technical understanding of general ledger tools, is advantageous.
- Understanding of SQL and working knowledge of databases is desirable.
- Experience transforming manual processes using digital tools such as Microsoft Power BI, Alteryx and RPA tools is advantageous.
- Familiarity with product-specific financial reporting and disclosure requirements. and disclosures
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.
Guidance on AI use for candidates
At BlackRock, AI has long been part of how we work – enhancing decision-making, improving operations, and helping us deliver better outcomes for clients. We encourage candidates to use AI thoughtfully to learn, prepare, and work more effectively; but during our interview process, we want to focus on getting to know you through your own experiences, thinking, and judgment. To support you, we’ve provided guidance on when and how to use AI during our hiring process so you can approach each step with confidence and showcase your best self.
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.
To learn more about BlackRock, please visit Careers.BlackRock.com. We also encourage you to get to know us on LinkedIn, Instagram, YouTube, X, and TikTok.
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.
BlackRock Singapore, Singapore, SGP Office
20 Anson Road, Singapore, Singapore, Singapore, 079912
