About this role
The mission of the Finance Platform Strategies (FPS) team is to ensure optimized operating models within Finance, consistent across our global functional teams as appropriate. To promote this objective, we connect key Finance resources with relevant functional specialists from across BlackRock, identify and document business requirements and manage the implementation and subsequent maintenance of platforms and processes designed to address those requirements. FPS team members serve as internal change management consultants who apply knowledge of BlackRock’s resources - people, processes, and technology - to ensure concepts become reality in support of both new business initiatives and ongoing business process enhancement.
Team Overview
The FPS team has a global footprint. Team members are responsible for managing projects that drive Finance objectives forward through initiatives that can have either regional or global focus. Responsibilities include coordinating project team activity, supporting effective and timely communication among project team members and subject matter experts from across the firm, drafting clear and comprehensive business requirements and project management documentation, designing sound processes and workflow models, partnering with internal or third party resources to drive design specification sign-off, oversee technical development progress and coordinate quality unit testing, providing ongoing project updates to all relevant stakeholders, facilitating user training services and, ensuring timely delivery of effective, well designed solutions.
In addition to project oversight, the team works to manage, on an ongoing basis, the platforms supporting Finance’s day-to-day operating model to ensure our technologies remain optimized and our operational processes are sustainable, efficient and support a robust control environment. The team provides level one support for Finance operational platforms and as required, will assess/trouble-shoot and identify actionable opportunities to address complex issues related to the suite of technology solutions Finance employs including Oracle Cloud SaaS platform, Financial Consolidations and Close (FCCS), IBM Cognos Planning Analytics (TM1), IBM Cognos Analytics (BI) and our proprietary BlackRock Aladdin platform.
Role Responsibility:
Responsible for managing daily, weekly, monthly, and quarterly data processing to support actuals and forecast/budget close process for the IBM Planning Analytics (aka TM1) platform and day to day BAU support.
The candidate will be responsible for managing large volumes of data, ensuring its accuracy and integrity. This involves loading data to the application, validating its correctness, and understanding the implications of the data on business operations and strategies.
Identify data anomalies, ensure accuracy of reports adhering to SOX guidelines.
Responsible for keeping relevant parties updated on downtimes, essential upgrades, or data anomalies, as well as confirming the process completion status.
Provide day-to-day user support for our IBM Planning Analytics (TM1) application.
Create and maintain process documentation to ensure it stays current as the process evolves.
Provide support for various finance functions - Controllers, FP&A (Financial Planning & Analysis) and Investor Relations (IR) to understand business uses cases for Planning Analytics development and enhancement work.
Understand principles of sound corporate operating procedures and business processes.
Maintain and support financial planning, forecasting and allocation-based models on IBM Planning Analytics (TM1) platform.
Experience Required:
4-10 years of relevant experience working in finance or technology roles.
Strong experience working with IBM Cognos TM1 / Planning Analytics
Proficiency in Microsoft Office applications (Excel, Word and PowerPoint)
Strong written and verbal communication skills are crucial for this role.
The candidate should have a natural curiosity and interest in data and technology. This involves staying updated with the latest technological trends, learning new tools and technologies, and understanding how they can be applied to improve business operations and automation of manual tasks.
Bachelor's or Master's Degree in Finance, IT, or similar fields are preferred. Knowledge of financial instruments and markets is beneficial.
Personal Qualities:
Strong work ethic and accountability owner
Self-starter able to drive positive progress proactively with limited manager direction.
Solutions and service oriented
Focused attention to detail; high standards for quality and accuracy in work product
Professional, positive, collegial demeanor; collaborative relationship builder
Comfortable interacting with all levels of management and able to thrive in a fast paced, innovative environment.
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.
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.
For additional information on BlackRock, please visit @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock
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.