Analyst, Cash And Asset Reconciliation

The Insurance Accounting Group provides accounting & reporting services to over 30 accounting clients. We provide services including the preparation of monthly accounting packages and quarterly footnote schedules, reconciliation of Cash and positions, and calculation of portfolio performance. The Reconciliation Analyst will be responsible for reconciling cash balances, transactions and positions, researching and timely resolving differences, preparing reconciliations, and recommending and implementing operational improvements to ensure efficient and accurate processes on behalf of the Insurance Accounting clients.

Primary Responsibilities Include:

• Completing day to day assigned tasks; including, control reports, Cash and position break resolution, inbox and dashboard monitoring, client and portfolio data maintenance, and daily subscription/redemption activity.

• Providing high quality client service externally and internally. Address inquiries, perform controls, resolve problems, and mitigate risks for clients and internal BlackRock partners.

• Preparing, and/or reviewing reconciliations between BlackRock, Asset Manager, and Custodian Bank. Includes researching differences and resolving them in a timely and accurate manner

• Performing ongoing maintenance of the existing accounts to reflect client or account level changes.

• Working with external service providers, internal team members and other BlackRock groups to resolve issues, as identified.

• Your role is to assist in special projects and initiatives to improve the service offering

• Skills Required:

• 1-4 years of work experience in cash recon process

• The ability to prioritize and balance multiple requests without losing sight of our overall objectives and deadlines

• Strong decision-making skills to make well-thought-out decisions based on the information provided and to obtain further assistance/clarification when necessary

• Take the initiative to follow up on issues – identify what needs to be done and take action Ability to multi-task, balance multiple priorities and meet deadlines in a fast-paced and evolving team

• Be organized and detail oriented with strong time management skills! You can work in an ambitious, team oriented environment and quickly adapt to an ever-changing business

• Should be having strong knowledge of equity and fixed income securities and derivative products Proficient in Microsoft Office and have an aptitude for learning new application

• Preferred:

• A degree is required in Finance, Accounting, Information Technology, or Economics

• Understand upstream processes impactful to the reconciliation and develop ability to correlate the effect of change

• Flexible and open to accepting new challenges; able to work effectively and efficiently on multiple projects at a time in a dynamic, demanding and ever-changing environment while maintaining the highest standard and attention to detail