About This Role
Company: BlackRock Financial Management, Inc.
Job Title: Associate, Finance Controls
Location: 50 Hudson Yards, New York, NY 10001
Job Duties: Evaluate, test, and review internal controls over financial reporting to support the Sarbanes-Oxley (SOX)
- 404 compliance process. Evaluate key risks in financial reporting processes, effectively articulate risk issues to various stakeholders and propose changes in control design to address risks efficiently. Provide advice to the business (including Finance, Human Resources, Technology and Operations, among others) throughout the SOX process to continually enhance internal controls and create an efficient and effective SOX compliance process (and improve the firm’s internal controls over financial reporting). Understand external audit requirements to provide appropriate internal control and management testing documentation that meets those needs. Demonstrate knowledge of accounting principles, key SOX guidance and emerging topics for discussion with the team, external auditors and business regarding impact to the existing SOX framework. Coordinate and collaborate with other risk and control functions to evaluate the impact of their work on the SOX compliance program and coordinate efforts with them. Participate in ad-hoc projects and providing expertise and insights from a risk and controls perspective. Deliver semi-annual escheatment filings through partnership with internal stakeholders and an external compliance team. Prepare various payment type requests as part of the disbursements process. Train stakeholders on escheatment requirements and best practices and document internal procedures. Perform and track asset recovery through partnership with internal stakeholders and external consultants. Respond to internal and external audit requests and inquiries. Review quarterly liability account reconciliations.
Qualifications: Bachelor’s degree (or foreign equivalent) in Business, Finance, Economics, or a related field; and 24 months experience in the job offered or in a related occupation. Requires 24 months of experience involving the following: 1. SOX legislation and implementation; 2. Accounting and audit principles (like U.S. Generally Accepted Accounting Principles) and abandoned property laws; 3. Project management; 4. Developing innovative solutions to enhance processes and address control gaps; 5. AuditBoard; 6. Deloitte Connect; 7. Oracle; 8. Account Reconciliation Cloud Services (ARCS); 9. Coupa.
To apply, please click “Apply” on this webpage.
For New York, NY Only the salary range for this position is USD$100,092.00 - USD$130,000.00 . Additionally, employees are eligible for an annual discretionary bonus, and benefits including heath care, leave benefits, and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance.
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 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 | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock
BlackRock is proud to be an equal opportunity workplace. 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 EEOC’s Know Your Rights poster and its supplement and the pay transparency statement.
BlackRock is committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process, please email Disability.Assistance@blackrock.com. All requests are treated in line with our
privacy policy.
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.
