Financial Planning & Analysis, Analyst

About this role

Within the FP&A group, BlackRock is seeking an Analyst to join the Finance Information & Analytics (FI&A) Team. The FI&A team operates with a Center of Excellence (CoE) model and is responsible for efficient, thoughtful, and scalable production to meet operational excellence, deliver high-value business insights through front-end visualization tools, application of modelling and analytics to generate new insights at scale, engage with technology partners to accelerate data and process transformation.

Team is actively involved in firm wide Revenue forecasting and budgeting process, production of ARMR/Actuals which is key source of information for Management reporting purposes. Team produces information that helps articulate BlackRock’s vision and message to investors, clients and press, as well as providing quantitative and qualitative support for senior management decisions. 

The team is also responsible for the external and internal reporting of BlackRock’s AUM, Net New Business, Revenue and related analytics. On a weekly basis the team calculates AUM and NNBF, enriches it with pipeline, revenue and client commentary, and provides informative reports to senior management.

The Finance Information & Analytics team is committed to performance excellence, the continuous optimization of its operating and production model and the rapid advancement of its strategic and tactical initiatives.

Job Purpose:

Responsible for carrying out activities of AUM Revenue Management Reporting (ARMR)/Revenue analytics Team, which include Client Business (CB) and Investments (ISG) production, Firmwide and Business level Revenue Budgeting, Forecasting & Project Support.

Responsibilities:

• Perform month-end close process related actuals

• Execute firm level and business level revenue forecast including forecast production, variance analysis supporting CFO reporting, contribute to firm level revenue reporting and analysis

• Perform Hierarchy Manager updates and revenue related recast processes across FP&A

• Participate and support AUM and Revenue enhancement projects and drive standardization/automation

• Act as SME on CB/ISG Management reporting views and output, can handle queries from different partners such as FP&A, Controllers and business partners

• Become a contributor to the development of appropriate metrics and control framework to better manage and report AUM, flows and Revenue information

• Exemplify BlackRock Principles

Skills and Qualifications:

• MBA/CA with minimum 2-4 years of experience with a similar profile, preferably Investment Management and/or financial industry experience but not mandatory

• Ability to handle large data and derive meaningful information

• Analytical bent of mind combined with financial acumen. Well-versed with Finance terminologies

• Ability to develop a deep understanding of the business and its key drivers

• Ability to build relationship with multiple stakeholders

• Excellent communication and presentation skills

• Ability to work effectively in a team environment (across Finance)

• Understanding and/or experience in Finance, Accounting, Financial Reporting

• 'Can-do' attitude - willing to contribute at all levels in a small but high performing team environment with tight deadlines and multiple demands

• Experience of working on advanced Excel. Knowledge of MS Access will be added advantage

• Experience with TM1 or similar multi-dimensional analytical tool skills is helpful but not essential

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 Employer.  We evaluate qualified applicants without regard to age, disability, family status, gender identity, race, religion, sex, sexual orientation and other protected attributes at law.