About this role

Job Summary
At BlackRock, Alternatives Fund Controllers (AFC) play a critical role in delivering independent oversight, strong governance, and financial integrity across the firm’s alternative investment platform. The AFC function partners closely with Investment Teams, Product Strategy, Valuations, and external service providers to ensure accurate, timely, and controlled valuation and reporting of alternative investment funds.
The Associate will support oversight of Net Asset Value (NAV) and fund financial reporting across Private Equity, Real Estate, Infrastructure, Private Credit, Hedge Funds, and Fund of Funds. This role provides exposure to complex fund structures, fund lifecycle events, and controller-level responsibilities within a global operating model.

Key Responsibilities
NAV Oversight & Financial Control:
- Review NAVs prepared by external fund administrators
- Analyze P&L;, balance sheet movements, and investor allocations
- Validate management and performance fees
- Assess valuation estimates and escalate risks

Fund Lifecycle & Operational Oversight:




- Support fund launches, capital calls, distributions, and liquidations
- Interpret fund governing documents and side letters
- Support onboarding and oversight of fund administrators

Reporting, Audit & Regulatory Support:
- Support audits, financial statements, and regulatory filings
- Respond to audit and stakeholder queries
- Adhere to internal control frameworks

Stakeholder Partnership & Transformation:
- Partner with investment, valuation, and operations teams
- Drive operational improvement and automation initiatives
- Support data and AI-driven transformation

Qualifications
- Degree in Accounting, Finance, Commerce, or related field
- Associate: 5–9 years experience; Associate: 5–8 years experience
- Experience in fund accounting, audit, or asset management preferred

Skills & Competencies
- Solid analytical and financial skills
- Risk and control perspective
- Strong communica

📌 Associate, Alternatives Fund Accounting (Mumbai)
🏢 BlackRock
📍 Mumbai