About this role

Join BlackRock’s Alternatives Fund Controllers team and play a key role in maintaining financial integrity, strong governance, and effective oversight across the firm’s alternative investment platform. The Associate will help oversee fund accounting, Net Asset Value (NAV), financial reporting, controls, and service-provider delivery while partnering across Investments, Valuations, Product, Finance, and Operations.

About the Firm

At BlackRock, our mission is to help more people experience financial well-being. Our investment, technology, and operating capabilities enable us to serve clients across public and private markets. This opportunity provides exposure to BlackRock’s alternatives platform while contributing to the accurate, controlled, and scalable financial oversight that supports our clients and investment businesses.

Team Overview

Alternatives Fund Controllers supports BlackRock’s alternatives business through accounting and financial oversight of complex investment funds. The team partners with investment teams, Product Strategy, Valuations, external fund administrators, auditors, and other internal stakeholders to support accurate and timely fund reporting. Coverage may include private equity, real estate, infrastructure, private credit, hedge funds, and fund-of-funds structures.

Role Overview

The Associate will take ownership of day-to-day accounting and administrator oversight for assigned alternative investment funds. The role combines detailed financial review with risk management, stakeholder coordination, and continuous improvement. Success requires an ability to understand complex fund structures, identify and resolve accounting or reporting issues, maintain a strong control environment, and deliver high-quality outcomes across recurring and project-based responsibilities.

Key Responsibilities

You will:

• Review NAV and accounting packages prepared by external fund administrators, analyzing profit and loss, balance-sheet movements, investor allocations, and other material activity.
• Validate management fees, performance fees, carried interest, and other fund calculations in accordance with governing documents and applicable accounting requirements.
• Oversee administrator and service-provider delivery, helping ensure financial and investor reporting is accurate, timely, and supported by a robust control environment.
• Support fund lifecycle events including launches, capital calls, distributions, administrator onboarding, and liquidations.
• Review financial reporting and support annual audits, regulatory reporting, and responses to auditor and stakeholder requests.
• Partner with Investments, Valuations, Product, Finance, Operations, auditors, and external administrators to resolve accounting and operational issues.
• Identify and escalate valuation, accounting, operational, or control risks and contribute to effective remediation.
• Analyze complex fund activity and governing documents to support accurate accounting treatment and reporting.
• Drive improvements in processes, controls, automation, data quality, and scalability across fund-controller workflows.
• Contribute to a collaborative, accountable team culture while developing deeper expertise across alternative investments and fund structures.

Required Qualifications

You have:

• 2–5 years of relevant experience in fund accounting, investment accounting, audit, fund operations, asset management, or a related financial-services discipline, consistent with BlackRock’s Associate-level framework.
• A bachelor’s degree in Accounting, Finance, Commerce, or a related field.
• Strong accounting and financial-analysis capabilities, including experience interpreting financial statements and investigating accounting or reporting issues.
• Strong analytical, problem-solving, organizational, and attention-to-detail skills.
• A strong risk and control mindset with the judgment to identify issues and escalate appropriately.
• Clear written and verbal communication skills and the ability to collaborate effectively with internal teams and third-party service providers.
• Technology & Digital Fluency: Ability to use technology, data, automation, analytics, and AI-enabled tools to improve productivity, strengthen decision-making, reduce risk, and enhance processes.

Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, 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 employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources to support your physical health and emotional well-being; family support programs; 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.

Guidance on AI use for candidates

At BlackRock, AI has long been part of how we work – enhancing decision-making, improving operations, and helping us deliver better outcomes for clients. We encourage candidates to use AI thoughtfully to learn, prepare, and work more effectively; but during our interview process, we want to focus on getting to know you through your own experiences, thinking, and judgment. To support you, we’ve provided guidance on when and how to use AI during our hiring process so you can approach each step with confidence and showcase your best self.

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.

To learn more about BlackRock, please visit Careers.BlackRock.com. We also encourage you to get to know us on LinkedIn, Instagram, YouTube, X, and TikTok.

BlackRock is proud to be an Equal Opportunity Employer.  We evaluate qualified applicants without regard to age, disability, race, religion, sex, sexual orientation and other protected characteristics at law.