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Analyst, Client Invoicing Services (Atlanta)

Employer
BlackRock
Location
Atlanta, USA
Salary
Competitive
Closing date
Aug 13, 2022

View more

Job Function
Banking
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Description

About this role

About BlackRock:

BlackRock helps investors build better financial futures. As a fiduciary to our clients, we provide the investment and technology solutions they need when planning for their most significant goals. We manage over $9 trillion in assets on behalf of investors worldwide. Come join the team and experience what it feels like to be part of an organization that makes a difference!

Team Overview

The Global Client Services team is responsible for operational client servicing, working in partnership with our client businesses and teams across the firm to drive, enhance and deliver an exceptional client service experience. Our functional teams include: Client Onboarding (Implementation/Contracting/AML KYC), Investor Services (Client Order Management and Service Centers), and Client Integration & Distribution Services (Client Reporting, Invoicing, Documentation and Portfolio Data) and a focused Projects and Engineering Team who manage all tactical and strategic projects across the GCS eco-system.

Client Invoicing Services are responsible for setting up and maintaining invoice records for approximately 2,500 separately managed client accounts. The team's primary responsibility is the accurate and timely production and collection of Management and Performance Fees for BlackRock clients.

The department is currently working on system enhancements and process improvements and the successful candidate will be expected to embrace this change. This role provides an excellent opportunity to be part of significant change during an exciting period for the department and to have an input into the future state of Client Invoicing Services.

Responsibilities:
  • Accurately set up, maintain and off-board client invoicing records in the invoicing platforms and follow processes to accurately complete or review complex calculations / invoices in accordance with the Investment Management Agreement (IMA) for the client on the agreed invoicing contractual terms and within the specified timeframes.
  • Ensuring targets are being met.
  • Ensure the controls over the Invoicing System and processes are adequately maintained and that data integrity is not comprised and up to date.
  • Accurately complete or review complex calculations (management and performance fees).
  • Key role in completion of management information revenue reporting packages, such as completing and overseeing daily reporting of team work flow and success statistics to senior management.
  • Continually review and improve the process to ensure that invoice generation is as accurate, quick and efficient as possible.
  • Ensure all processes are following Sarbanes Oxley risk control and Operating procedures, and that these procedures reflect the actual process within the department.
  • Work with the Revenue Team to ensure that accruals and actuals are accurate and current to ensure correct capture of revenue on the firms books and records.
  • Actively support ad hoc projects/issues as requested (e.g. Global Invoicing Projects for ABC migration and Complex Fee Database).
  • Provide professional / line managerial support to team analysts as applicable.
  • Relationship building with multiple teams across Technology & Operations, APG, Client Business and Finance on a day to day basis.
  • Provide support to the regional Client Invoicing Services Manager across a wide range of team activities and functions.


Experience:
  • 0-5 years professional experience preferably in the Financial Sector
  • Demonstrated ability to work in a fast-paced environment is required
  • Experienced Microsoft Excel user
  • Prior asset management experience helpful
  • Prior experience in developing processes helpful


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.

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.

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