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About this role

Business Unit Overview:

BlackRock Finance consists of finance professionals in disciplines such as Financial Planning & Analysis (“FP&A), Treasury, Tax, Financial Controls, Sourcing and Vendor Management, Finance Platform Support and Controllers. Within the Controllers’ Group, the Global Cash Accounting team reconcile all of BlackRock’s Corporate cash transactions.

P urpose/Background:

The Global Cash Accounting Team works on the cash application and reconciliation of 650 corporate bank accounts for EMEA, APAC and AMRS Regions. Successful employees will handle Cash identification and application via Oracle General and AR sub-ledger. Furthermore, they will be working on multi-currency bank reconciliation and the Balance Sheet substantiation of bank accounts and lead all aspects of client money segregation in our corporate bank accounts.

Key Responsibilities:

• Responsible for the reconciliation of Corporate Bank Accounts over various currencies, spanning multiple sets of books.

• Daily reconciliations and identification of bank movement; processing of journal entries to the General Ledger via Oracle and/or application of cash directly through the Oracle AR Sub Leger.

• Responsible for investigation and timely resolution of outstanding items in line with Cash Escalation Policy.

• Daily segregation of client money in corporate bank account and reporting

• Working closely with AR Collections, Global Revenue, Accounts Payable Team, Credit Control, Bank Relationship Manager and other partners on payment/receipt queries were appropriate.

• Ensure processes are completed in line with internal controls and call out any areas of risk

• Support other team members through periods of fluctuating workload and annual leave.

• Project work as and when required

Development Value:

Specifically, the role offers opportunity to develop knowledge of Cash Accounting from a global financial services perspective. There will also be an opportunity to gain understanding/training on global reconciliation issues as well as facing off to a number of finance stakeholders such as; Accounts Payable, Financial Reporting, Corporate Control, Treasury, Compensation Accounting & Payroll, Treasury, etc.

Role offers development and cross training opportunities within a larger Finance operational team. The team deals with different projects and with different stakeholders, including senior management globally, which will be available as candidate progresses.

Experience/Competencies:

• Previous Bank Reconciliation and Foreign Exchange experience significant advantage

• Financial or accounting experience in bank reconciliations and balance sheet reconciliation

• Experience of Oracle and Oracle Cash Management software package is an advantage.

• Knowledge of Accounts Receivable and Accounts Payable processes as well as banking systems desirable

• Self-starter able to work independently when necessary.

• Candidate should have the ability to thrive in a fast-paced and growing environment and have a strong collaboration ethic

• Multi-task oriented with an ability to prioritize and operate proactively

• Empathic listener and persuasive speaker

Skills/Qualifications:

• Strong problem solver with a drive for improvement in execution

• Sophisticated level of Microsoft Excel (including V-lookups formulas, pivots, etc).

• Self-motivated, standout colleague with an excellent eye for details

#EarlyCareers

Our benefits

To help you stay energized, engaged and inspired, we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources to support your physical health and emotional well-being; family support programs; 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 (http://careers.blackrock.com/) | Twitter: @blackrock (https://twitter.com/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, race, religion, sex, sexual orientation and other protected characteristics at law.