Analyst, Operations and Billing
Not Disclosed•Full-TimeHybrid
location_onMonroe Harbor, 400, East Monroe Street, Jewelers Row, Loop, Chicago, South Chicago Township, Cook County, Illinois, 60603, United States
About the Role
We are seeking a highly disciplined, detail-oriented, and industrious Analyst to join the SpiderRock Advisors Operations and Billing team. This role is designed to support the daily, monthly, quarterly, and annual billing processes across our Options Overlay Business, ensuring accuracy and efficiency in all tasks. You will play a crucial role in enhancing our billing operations and contributing to the overall success of the team by acting as a deep subject matter expert.
In this position, you will provide exceptional, personalized service to external partners, ensuring their needs are met with the highest level of attention and care. Your day-to-day will involve monitoring and proactively managing the accounts receivable process to ensure timely collection and reconciliation of funds. You will also lead initiatives to improve our operating model by collaborating with internal business and technology partners, driving operational excellence, and identifying opportunities to reduce risk and increase efficiency.
As a new joiner, you will learn and master multiple systems to understand their functionalities, working towards consolidating workflows and ensuring seamless integration. You will continuously seek to understand how your responsibilities integrate into the broader BlackRock and SMA Solutions business model, recognizing the impact of your decisions on our clients and the firm.
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. 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 by supporting businesses, financing infrastructure projects, and facilitating 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.
Equal Opportunity
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.
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. 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.
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Skills, education and keywords
Skills: SQL, Excel, Oracle, Billing, Accounts Receivable, Data Entry, Reconciliation.
Education: Bachelor's degree in Finance, Accounting, Business Administration, or related field required.
Frequently asked questions about Analyst, Operations and Billing at BlackRock
What does a Analyst, Operations and Billing at BlackRock do?expand_more
Day-to-day, the Analyst, Operations and Billing at BlackRock will ensure accurate mass generation of client invoices and correct debiting of associated accounts; monitor and manage the accounts receivable process to ensure timely collection and reconciliation; support automation and standardization projects by collaborating with internal business and technology partners; and lead operational improvement initiatives to reduce risk, increase efficiency, and enhance scalability.
What are the requirements for this Analyst, Operations and Billing role?expand_more
BlackRock is looking for candidates who meet the following requirements: Bachelor's degree in Finance, Accounting, Business Administration, or related field; 1-3 years of related experience; Intermediate to advanced SQL and Excel skills; Experience with Oracle or other financial systems (preferred); Experience in billing or accounts receivable (preferred); and Knowledge of SMA operations (preferred).
Where is the Analyst, Operations and Billing role at BlackRock located?expand_more
Analyst, Operations and Billing at BlackRock is based in Monroe Harbor, 400, East Monroe Street, Jewelers Row, Loop, Chicago, South Chicago Township, Cook County, Illinois, 60603, United States. This is a hybrid role.