Corporate Control Intercompany, Finance Team, Associate

About this role Business Unit Overview: BlackRock Finance consists of Finance professionals in disciplines such as Business Finance, Treasury, Tax Regulatory Reporting, Accounting Operations and Corporate Accounting.  This role will report to the F&S Controllers’ Group and is part of the wider Global Corporate Consolidation & Control team which has a wide and varied remit including reporting monthly Income Statement and Balance Sheet positions, accounting for corporate transactions and repatriations, Intercompany settlements, maintenance of global intercompany loans, Global ownership of ARCS (a Balance Sheet verification process) and control of the general ledger over month-end. In its day-to-day activities the Intercompany team has significant interaction with Finance teams globally, such as Legal Entity Controllers and Treasury, as well as the other Finance teams. Purpose/Background: The Intercompany Associate will be part of the wider Global Intercompany Accounting team, dealing with AMRS/Latam Intercompany settlements, break resolution, ageing analysis and general liaison with Legal Entity Controllers.  The wider Corporate Control team is involved in various aspects of global accounting, providing opportunities to get involved in broader Finance activities. Intercompany settlements can be broken into an automated process, incorporating hedging with automated journals/reconciliation work, and a manual process where settlement instructions are made and settlement journals processed. Key Responsibilities: Directly working with the EMEA based Intercompany Team, predominately based in Edinburgh. Verifying manual settlements for Global Intercompany positions. Submitting manual settlements for Payment Preparing/posting multi-currency journals for manual settlements in line with month end calendar Automation and process enhancement of existing processes Drive adoption of AI solutions across the team by developing guidance, sharing best practices, and supporting colleagues in embedding new tools into BAU workflows. As part of automated FX Intercompany process reclassing Intercompany positions in order that they can flow through to be settled via the automated process. Support for the automated FX settlements reconciliation process. Booking process for Intercompany receipts. Perform balance sheet reconciliations including responsibility for providing suitable documentation and clearing reconciling items on a timely basis Provide commentary on balance sheet movements for month end reporting purposes Actively progress process improvements for all aspects of Intercompany and for the benefit of the Corporate Control team as a whole Build relationships with other Finance teams to ensure that all stakeholders’ reporting requirements are met in a complete and timely manner Act as point of contact with external auditors to resolve audit queries, as required. Participate in and lead project work for Corporate Control team, including UAT Testing and review of take on balance from acquisitions Other ad hoc tasks as required Development Value: This position offers significant development opportunities within the Global Corporate Consolidation & Control team, which is responsible for a broad range of accounting, reporting, and control activities across multiple regions. The role provides exposure to Global Finance partners, including Entity Controllers, Treasury, Cash Management and Corporate Cost teams. In addition to strengthening core technical accounting and Intercompany expertise, the role provides: Experience with process automation initiatives, including opportunities to work with AI‑enabled tools, workflow automation, and data‑quality improvements. The ability to build capability in evaluating, testing, and enhancing new technological solutions used within Finance. Development of cross‑functional communication skills through interaction with teams globally. Opportunities to lead or support transformation pro ... (truncated, view full listing at source)