Associate, Business Manager

About this role

Company: BlackRock Financial Management, Inc.
Job Title: Associate, Business Manager
Location: 50 Hudson Yards, New York, NY 10001

Job Duties:  Align technology expenses with forecasts and annual budgets through financial, variance, run-rate, and trend analysis across major cost categories, including contingent workforce and recurring spend. Apply accounting best practices and end-to-end P&L principles, including coordination of requisitions, purchase orders, accruals, actuals, and financial controls to ensure data accuracy, compliance, and integrity. Analyze large-scale financial and vendor datasets across enterprise systems (e.g., Microsoft Excel, Power BI, Coupa, ServiceNow, Workday), ensuring reconciliation, auditability, and consistent data definitions. Support revenue reporting and model maintenance to ensure alignment between cost and revenue drivers and consistency in financial narratives used for planning and reporting. Design and operate business intelligence platforms (including Power BI) to deliver standardized, cross-platform reporting. Translate stakeholder requirements into clear financial insights, decision-support materials, and KPI/OKR frameworks that measure financial performance, operational efficiency, and progress against strategic objectives. Support end-to-end procurement and governance workflows, including purchasing, approvals, vendor data management, and financial reporting. Identify cost drivers, surface risks, and recommend optimization opportunities. Conduct vendor spend analytics and strategy evaluations, including analysis of utilization trends, pricing structures, renewal timing, and financial impact, to inform sourcing, negotiation, and commercial decisions. Develop high-quality presentations to communicate financial insights, governance themes, and strategic priorities to senior leadership, and drive follow-up actions based on discussion outcomes. Track Aladdin's software spend by understanding each product's business purpose, alignment to technical architecture, and contribution to the broader budget and investment narrative, including insight into consumption patterns, renewal cycles, and cost drivers. Provide transparency on monthly technology consulting activity through partnership with internal stakeholders, HR, finance, and external vendors; support tracking of onboarding, offboarding, and expense attribution. Maintain designated datasets for technology expense tracking and reporting, reconciling financial, procurement, and workforce data across multiple systems. Adhere to corporate policies, ethical standards, and regulatory requirements across all financial and operational workflows.  

Qualifications: Master's degree in Finance, Management, or a related field, and 48 months of experience in job offered or closely related role. ALT REQUIREMENTS: Bachelor's degree in Finance, Management, or a related field, and 72 months of experience in job offered or closely related role. Must have four (4) years of experience with: The end-to-end P&L lifecycle, including requisitions, purchase orders, accruals, invoices and actuals, and budget impacts; Visualization tools including Power BI and Tableau for delivering standardized reporting and translating data into actionable insights; Enterprise planning tools including TM1, SAP, Cognos, or Adaptive Insights, including forecasting models and reporting workflows; Programming experience using SQL and Python to query, transform, and analyze data and automate reporting workflows; PowerPoint for developing visual presentations that communicate financial insights and strategic priorities to senior leadership; Organizational, financial, and headcount datasets using Workday, including Workday planning tools such as Adaptive Insights to support forecasting, reporting, and scenario analysis; and Global software capitalization practices, including coordination with internal teams and outside vendors. Must have two (2) years of experience with: Aladdin ecosystem, including Aladdin technology stack, data flows, operating rhythms, and expense structures; U.S., U.K., and R&D tax credit frameworks and their application to technology expense structures; and Artificial intelligence tools, including Co-Pilot, to enhance productivity and analytical workflows.

To apply, please click “Apply” on this webpage.
 

For New York, NY Only the salary range for this position is USD$122,000.00 - USD$137,500.00 . Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance.

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.

Guidance on AI use for candidates

At BlackRock, AI has long been part of how we work – enhancing decision-making, improving operations, and helping us deliver better outcomes for clients. We encourage candidates to use AI thoughtfully to learn, prepare, and work more effectively; but during our interview process, we want to focus on getting to know you through your own experiences, thinking, and judgment. To support you, we’ve provided guidance on when and how to use AI during our hiring process so you can approach each step with confidence and showcase your best self.

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.

To learn more about BlackRock, please visit Careers.BlackRock.com. We also encourage you to get to know us on LinkedIn, Instagram, YouTube, X, and TikTok.

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. View the EEOC’s Know Your Rights poster and its supplement and the pay transparency statement.

 

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 [email protected]. All requests are treated in line with our privacy policy.

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.