Global Accounts Payable, Analyst

Legal Billing Team Member

Black Rock is one of the world's preeminent asset management firms and a premier provider of global investment management, risk management and advisory services to institutional, intermediary, and individual investors around the world. Black Rock offers a range of solutions — from rigorous fundamental and quantitative active management approaches aimed at maximizing out performance to highly efficient indexing strategies designed to gain broad exposure to the world's capital markets.

Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and other pooled investment vehicles, and the industry-leading iShares® ETFs.

Black Rock Finance and Strategy consists of professionals in disciplines such as Financial Planning & Analysis (FP&A), Treasury, Tax, Financial Controls, Global Strategic Sourcing, Finance Platform Support, Controllers, Strategy, and Corporate Development. This role sits within the Controllers' Group, as part of the wider Accounts Payable (AP) team in Belgrade. The Global AP team has presence in Gurgaon, Singapore, Atlanta, Belgrade, Edinburgh, and Budapest.

Reporting to Accounts Payable VP; the Legal Billing Team is responsible for the processing and payment of all incoming Outside Counsel invoices globally, while helping to ensure compliance with billing arrangements and guidelines as appropriate.

Key Responsibilities:

• To support the global centralized Outside Counsel payment process and e-billing system end to end
• Work with internal stakeholders and law firms to set up new matters which require payment and ensure payment details are correct
• Track invoice payments to completion and follow-up with stakeholders to ensure timely payment and work to resolve any issues
• Manage relationships with law firm billing and accounts teams
• Handle queries and escalations independently and appropriately from internal and external stakeholders
• Partner with stakeholders to review and approve law firm fees as appropriate
• Support the onboarding of new law firms
• Participate in ad-hoc projects and support the implementation of process improvement, internal controls and strategic initiatives
• Where required, produce internal reporting and Management Information
• Leverage approved AI and automation tools, where appropriate, to support process efficiency, documentation, data analysis, and continuous improvement, while ensuring compliance with internal policies and controls.

Development Value:

• This is a globally focused role in a team which is core to the entire Finance payment process. The role interacts with both Finance and non-Finance teams around the globe.
• This role will provide the candidate with the scope to effect positive change to the control environment by harnessing system capabilities and constantly evaluating processes & procedures to create value for the firm.

Knowledge/

Experience:

• Bachelor's degree required
• Preferably one to two years related billing experience in high volume corporate AP department
• Ability to manage data and proficiency in Microsoft Office with strong Excel skills; apply functions, ability to aggregate and merge data from multiple systems – to produce comprehensive reports
• Working knowledge of legal e-billing applications or Accounts Payable is preferable
• Digitally minded and process-oriented, with the ability to identify improvement opportunities and contribute to the design and enhancement of AI-enabled, automated, and workflow-based solutions within a controlled operating environment.

Competencies:

• Strong communication skills with the ability to work across multiple functions globally across the firm;
• Digitally minded and process-oriented, with the ability to identify improvement opportunities and contribute to the design and enhancement of AI-enabled, automated, and workflow-based solutions within a controlled operating environment.
• Superior problem-solving skills with an ability to recognize and solve problems;
• Team player with a "roll up their sleeves" approach and has ability to work in a fast-paced environment;
• Proactive and self-motivated with a "can do" attitude…