BlackRock Jobs

mobile blackrock logo

Job Information

BlackRock Investment Accounting Analyst - MUM | BlackRock in Mumbai, IndianaIndia

Investment Accounting Analyst - MUM | BlackRock

Open Menu Hide Menu


Investment Accounting Analyst – MUM

Mumbai, IN

Investment Operations – Investments

About BlackRock

BlackRock’s business is investing on behalf of our clients, from large institutions to parents and grandparents, doctors and teachers who entrust their savings to us. We are committed to our clients—period. Our promise is to offer them the clearest thinking about what to do with their money and the products and services they need to secure a better financial future.

That’s why investors of all kinds have made us the world’s largest asset manager, entrusting us with trillions of dollars, and it’s why companies, institutions and global governments come to us for help meeting their biggest financial challenges.

Job description


About this role

Team Overview

BlackRock 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 low correlations to the broad equity and bond markets, including private equity, real estate equity and debt, fund of hedge funds, single-strategy hedge funds, long-only absolute return strategies, commodities and structured products. Our alternative investment capabilities are fully integrated into BlackRock, allowing investment teams to capitalize on the firm’s considerable resources in areas such as risk management, product development, client service and operational support.

Are you a highly motivated, self starter who can foster positive relationships? Then the position as an Accountant (Analyst level) is right for you. This role will report directly into the Global Accounting and Product Services ("GAAPS") team that supports investment operations for BlackRock Alternative Advisors’ Fund of Hedge Fund products, a fast paced business in a dynamic and evolving environment.

This GAAPS team supports approximately $19 billion in assets for a broadly diversified, global client base. The unified operating platform combines expertise, resources and capabilities across asset classes, in addition to leveraging resources within BlackRock’s broad infrastructure and global investment teams. Come and experience what it feels like to be part of an organization that makes a difference.

Role Responsibility

  • Review NAVs for several of the alternative investment fund products, including monthly or quarterly valuations

  • Ensure a best-in-class control environment is functioning effectively with respect to oversight of third party service providers and internal processes and procedures

  • Build working partnerships and serve as primary point of contact for third party administrators, monitor their performance and drive continuous improvement in their processes

  • Review annual audited financial statements

  • Works effectively to liaise with funds’ independent auditors

  • Communicate performance results to investors and resolve investors’ questions

  • Calculate Management and Incentive Fees in accordance with legal documentation

  • Custom reporting and projects for investor specific needs

  • Partnering and communicating with various internal business units regarding fund products and performance data

  • Group project opportunities related to implementation of new product accounting, operational procedures, and planning / evaluating technology enhancements


  • Bachelors’ degree in Accounting (strongly preferred) or Finance. CPA a plus.

  • 1-3 years of relevant investment / fund accounting or public accounting (audit) work experience, including review experience for at least a portion of that time.

  • Excellent written and verbal communication skills

  • Validated accounting skills including knowledge of GAAP and financial statements

  • Sound analytical and problem solving skills, with the ability to summarize issues and think creatively

  • Solid time management skills

  • Ability to lead projects and team members to meet deadlines in a fast paced environment

  • Fluent in Microsoft Office products, emphasis on Excel

About BlackRock

BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, our clients turn to us for the solutions they need when planning for their most important goals. As of June 30, 2019, the firm managed approximately $6.84 trillion in assets on behalf of investors worldwide. For additional information on BlackRock, please visit | Twitter: @blackrock at | Blog: at | LinkedIn: .

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.

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 requisition #


Team background

BlackRock is proud to be an Equal Opportunity/Affirmative Action Employer. We are committed to equal employment opportunity to all applicants and existing employees and we evaluate qualified applicants without regard to race, creed, color, national origin, sex (including pregnancy and gender identity/expression), sexual orientation, age, ancestry, physical or mental disability, marital status, political affiliation, religion, citizenship status, genetic information, veteran status, or any other basis protected under applicable federal, state, or local law. View the EEO is the Law poster here at and its supplement here at . The pay transparency policy is available here at .

BlackRock is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to and let us know the nature of your request and your contact information.