Supervised staff on the completion and review of 193 daily custody reconciliations to ensure an accurate schedule of investments was released to the shareholders. Successfully led the transition of all the BlackRock funds to a new reconciliation platform to better manage exceptions and enhance consistent reporting of aged items. Streamlined exceptions and provided consistent documentation and support to auditors during funds’ fiscal reporting period eliminating time spent on discrepancies. Identified opportunities to improve upon the asset and market value reconciliation process to make it as efficient as possible while ensuring accuracy, timeliness, and conciseness.  Ensured all necessary procedural documentation was compiled and submitted to support new policies and operations involved in process transformation. Prepared monthly KPI report and delivered per the SLA for the client.

Identified, resolved and completed daily custody and market value evaluations on the BlackRock mutual funds. Developed and maintained a positive working relationship with other service providers, custodians and the client, bringing all areas together to resolve and assist related discrepancies. Maintained and applied a high level of knowledge of accounting policies, procedures and controls. Trained all new hires and assisted fellow co-workers providing appropriate coverage to meet daily client deliverable. Reviewed, researched and recalculated share entitlements from corporate actions, paydowns, sinking payments, bond calls and inflation indexed securities. Prepared Sub-Chapter M and L monthly compliance test as required by the Securities Exchange Commission meeting SLA deadlines. Detailed oriented and well organized which aids in handling of multiple tasks to meet daily deadlines.

Reviewed the accuracy of trades posted to the Portfolio Accounting System on various types of complex trades to ensure an accurate daily Net Asset Value. Served as the primary contact to both internal and external clients and coordinated correspondence on trade questions or discrepancies within these groups. Managed the Trade Entry Staff and answered all inquiries and ensured that Trade Processors received all training and guidance needed for them to succeed in their positions.  Conducted interviews, monitored staff performance and completed mid-year and yearly reviews of the Trade Entry Staff, as well as the trained all new hires entering into the Unit. Created a new security master manual which allowed others to learn the process as well as providing consistency. Prepared various administrative and monthly reports and completed special projects as requested by manager.

Maintained the accounting books and records including cash projection posting of trades, fund share activity, income and expense accrual to accurately compute a daily Net Asset Value. Reconciled daily cash and fund shares and monthly list of assets to identify and rectify any discrepancies with the custodian and/or transfer agent. Calculated the Net Asset Value per share by verifying the accuracy of portfolio trades including the 2% test, portfolio positions, costs and individual prices the investigated and resolved any discrepancies. Performed accounting for all types of securities domestic and foreign. Entered and monitored general ledger activity and monthly closing general ledger entries. Prepared audit work-papers and monthly schedules for fund.