BlackRock India | Institutional Accounting, Director

Responsibilities

• Investment Accounting is seeking a Director of Derivative Accounting to join our global team.
• The team delivers reconciliation, asset tracking and accounting, monthly reporting packages, and regulatory schedules.
• As Director of Derivative Accounting, you will play a leadership role supporting derivative accounting capabilities and client delivery.
• You will help lead the monthly accounting close, advance client and departmental initiatives, strengthen processes and controls, and bring together capabilities from across Black Rock to address complex accounting needs.
• You will combine derivatives expertise, people leadership, and client engagement to help ensure accurate accounting and reporting while contributing to the continued evolution of our investment accounting services.
• The role would suit a qualified accountant (CPA, ACA, CIMA or ACCA); experience and knowledge of the insurance sector beneficial (not a requirement)
• Lead, coach, and develop a team of investment accounting professionals, building derivatives expertise and maintaining high standards of client service and delivery.
• Serve as a derivatives accounting expert for clients and internal stakeholders, providing clear guidance on complex derivative products, strategies, accounting treatments, and emerging accounting changes.
• Lead derivatives accounting controls and quality standards in partnership with the Investment Controllers Team, ensuring accurate reporting and alignment with internal, external accounting, and audit requirements.
• Support implementation of clients to new Aladdin Accounting platform, ensuring that journals and reporting is accurate for derivatives.
• Drive and prioritize enhancements across investment reporting, controls, procedures, and processes to increase efficiency, mitigate risk, and support evolving business, client and product changes.
• Build trusted client relationships by providing expert support on derivatives-related matters and translating complex accounting topics into practical solutions.
• Working across a broad range of products and accounting requirements, the team helps clients meet their financial reporting and regulatory obligations while maintaining effective production processes and controls.

Requirements

• Experience working with automated accounting and front/middle office applications.
• Strong client and stakeholder communication, judgment, attention to detail, and project-management skills, with the ability to make well-informed decisions and drive complex initiatives.
• 15+ years of financial/accounting work experience with invested assets
• 5+ years of supervisory experience, with demonstrated ability to lead, manage, coach, and develop teams.
• Strong understanding of investment accounting principles, controls, reporting, and relevant accounting frameworks, including Generally Accepted Accounting Principles (GAAP), statutory accounting, and International Financial Reporting Standards (IFRS).

BlackRock

BlackRock is a global investment management firm founded in 1988. It is known for its iShares exchange-traded funds and its Aladdin investment and risk-management platform.

BlackRock's Indian offices support investment, operations, finance and technology teams worldwide. Typical finance roles are fund accounting, cash management, reconciliations, financial reporting and controls.

• Industry: Investment management
• Headquarters: New York, USA
• In India: Offices in Gurugram and Mumbai