Analyst, Cash Accounting

BlackRock's Finance team is responsible for accounting, financial reporting, tax compliance, and controlling the financial resources of BlackRock and its subsidiaries. The Finance Group comprises Corporate Controllers, Financial Planning and Analysis, Treasury, Tax, Finance Controls, and Investor Relations. This position is in the Global Cash Accounting group under Corporate Controllers, which is primarily responsible for the cash application, matching, and reconciliation of all BlackRock Corporate bank accounts within the AMRS, EMEA, and APAC regions.

Job Purpose / Background

The Global Corporate Cash Accounting team is responsible for the accounting, application, reconciliation, and control of approximately 700 corporate bank accounts across the Americas, EMEA, and APAC regions.

This role plays a critical part in ensuring the accurate recording, reconciliation, and substantiation of cash transactions across multiple legal entities and currencies. The successful candidate will be responsible for identifying and applying cash transactions through Oracle General Ledger and Accounts Receivable sub-ledgers, performing daily bank reconciliations, investigating outstanding items, and supporting a strong control environment.

The role offers significant exposure to global stakeholders across Finance, Revenue, Treasury, Accounts Payable, and Collections functions.

Key Responsibilities

• Perform daily reconciliation of corporate bank accounts across multiple currencies, legal entities, and accounting books.

• Identify and process incoming and outgoing cash transactions, including journal entries through Oracle General Ledger and cash application through Oracle Accounts Receivable.

• Investigate, resolve, and escalate outstanding reconciling items in accordance with established cash management and escalation procedures.

• Complete timely and accurate daily bank reconciliations and ensure all discrepancies are appropriately addressed.

• Prepare monthly balance sheet substantiations for cash accounts, ensuring completeness, accuracy, and audit readiness.

• Partner with Treasury, Accounts Receivable, Revenue Accounting, Accounts Payable, Controllers, and other business stakeholders to resolve payment and receipt-related queries.

• Ensure all activities are executed in compliance with internal controls, accounting policies, and operational risk management requirements.

• Identify opportunities for process simplification, automation, and control enhancements to improve operational efficiency.

• Support team priorities during peak periods, month-end close cycles, and colleague absences.

• Participate in strategic initiatives, system enhancements, and special projects as required.

• Opportunity to work within a globally integrated finance function supporting critical cash accounting processes across multiple regions.

• Extensive exposure to global stakeholders and end-to-end finance operations, including Treasury, Revenue, Accounts Receivable, and Accounts Payable.

• Ability to develop expertise in cash accounting, balance sheet controls, reconciliation management, and financial systems.

• Opportunity to contribute to transformation initiatives by leveraging technology, automation, and process improvement to enhance the overall control environment.

• Exposure to a highly regulated and fast-paced environment that strengthens analytical, problem-solving, and stakeholder management skills.

• Bachelor's degree in Accounting, Finance, Commerce, or a related discipline.

• 2-3 years of experience in accounting, reconciliations, cash management, or finance operations.

• Hands-on experience with bank reconciliations and foreign currency transactions is essential.

• Strong understanding of accounting principles, balance sheet controls, and financial reconciliation processes.

• Advanced Microsoft Excel skills, including lookups, pivot tables, and data analysis techniques.

• Exposure to Accounts Receivable, Accounts Payable, Treasury operations, or banking platforms is desirable.

• Experience with Oracle General Ledger (GL), Accounts Receivable (AR), Cash Management, or associated Oracle modules is advantageous.

• Demonstrated analytical and problem-solving capabilities with a continuous improvement mindset.

• Strong written and verbal communication skills with the ability to engage effectively with stakeholders at all levels.

• Strong attention to detail and commitment to accuracy.

• Ability to manage multiple priorities and consistently meet deadlines in a fast-paced environment.

• Proactive, self-motivated, and solutions-oriented mindset.

• Strong analytical and investigative skills.

• Effective stakeholder management and collaboration skills.

• High degree of ownership, accountability, and professional integrity.

• Adaptability and willingness to support broader team objectives.

• Commitment to maintaining a robust control and risk management environment.