Vice President, Alternatives Fund Accounting - Delaware

About this role

Your Team

The Portfolio Services team provides critical operational support to portfolio management teams and clients across alternative investment products. The team is responsible for overseeing fund accounting, financial reporting, operational controls, and third-party service provider performance to ensure the delivery of accurate, timely, and high-quality services. Working closely with fund administrators, auditors, fund directors, portfolio managers, and internal business partners, the team plays an important role in supporting product launches, maintaining regulatory compliance, and driving operational excellence across complex investment strategies.

Your Role and Impact

As a Vice President within Alternatives Fund Accounting, you will provide oversight of fund administration, accounting, financial reporting, and operational processes for a diverse range of alternative investment products. You will serve as a key partner to internal stakeholders and external service providers, helping to ensure the integrity of fund reporting, the effectiveness of control environments, and the successful delivery of regulatory and client reporting obligations. This role offers the opportunity to influence operational strategy, solve complex accounting challenges, and contribute to the continued growth and success of the business.

Your Responsibilities

In every role at BlackRock, you'll be expected to apply sound judgement and critical thinking to solve complex problems, adapt as the business evolves, and combine the curiosity to explore new approaches and technologies with the rigor to challenge the results. The scope of this role also includes the following responsibilities.

• Oversee fund administration activities and review Net Asset Value (NAV) accounting packages prepared by external administrators to ensure accuracy, completeness, and timely fund valuation.
• Ensure timely delivery of fund accounting, investor reporting, regulatory reporting, and financial statements while maintaining compliance with applicable accounting standards.
• Maintain a strong control environment through oversight of third-party administrators and collaboration with internal and external stakeholders to resolve operational issues.
• Lead operational support for complex investment products, including valuation oversight, data management, and asset and cash reconciliation activities.
• Oversee regulatory compliance and manage audit coordination activities, including resolution of complex accounting matters and annual financial statement reviews.
• Manage customized reporting requests and special projects for investors, clients, and business partners.

Your Experience

• Bachelor's degree or higher in Accounting, Finance, or a related field.
• Demonstrated ability to oversee fund accounting, fund administration, or private fund operations for alternative investment vehicles.
• Experience working with a public accounting firm and strong understanding of accounting and financial reporting principles.
• Experience with open-end alternative investment products, including hedge funds, and multiple asset classes such as public equities, fixed income, derivatives, private equity, and private debt.
• Demonstrated experience managing relationships with third-party fund administrators, auditors, and other service providers across alternative investment structures.
• CPA designation or comparable professional accounting qualification is preferred.


For Wilmington, DE Only the salary range for this position is USD$117,500.00 - USD$173,500.00 . 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 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.

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 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.