Associate, Alternatives Fund Accounting

Overview

The Associate will support oversight of Net Asset Value (NAV) and fund financial reporting across Private Equity, Real Estate, Infrastructure, Private Credit, Hedge Funds, and Fund of Funds within BlackRock's Alternatives Fund Controllers function.

What you'll do

• Review NAVs prepared by external fund administrators.
• Analyze P&L, balance sheet movements, and investor allocations.
• Validate management and performance fees.
• Assess valuation estimates and escalate risks.
• Support fund launches, capital calls, distributions, and liquidations.
• Interpret fund governing documents and side letters.
• Support onboarding and oversight of fund administrators.
• Support audits, financial statements, and regulatory filings.
• Respond to audit and stakeholder queries.
• Adhere to internal control frameworks.
• Partner with investment, valuation, and operations teams.
• Drive operational improvement and automation initiatives.
• Support data and AI-driven transformation.

What you'll need

• Degree in Accounting, Finance, Commerce, or related field.
• 5–9 years experience (Associate).
• Strong analytical and financial skills.
• Risk and control perspective.
• Strong communication and partner management.
• Advanced Excel proficiency.

Nice to have

• Experience in fund accounting, audit, or asset management.

Details

• Location: Mumbai, India.
• Hybrid work model: at least 4 days in the office per week, with flexibility to work from home 1 day a week.