Associate, Fund/Client Accounting II

BNY External Career Site • Los Angeles, CA

70d • $52,000 - $70,000

About The Position

At BNY, our culture allows us to run our company better and enables employees’ growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world’s investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide. Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance – and this is what #LifeAtBNY is all about. Join us and be part of something extraordinary. We’re seeking a future team member for the role of Associate, Fund Client Accounting II to join our Fund Accounting team. This role is located in Los Angeles, CA – Hybrid position.

Requirements

• Bachelor’s degree in accounting or the equivalent combination of education and experience is required.
• 3-5 years of total work experience preferred.
• Big 4 accounting firm experience preferred.

Responsibilities

• Conduct accounting services on behalf of assigned clients and moderately complex funds including determining net asset values, calculating fund performance, allocating expenses and preparing reports.
• Perform Fund/Client Accounting responsibilities in the areas of driving Service Improvement plans, targeting efficiencies, enhancing processes and specialist review functions.
• Check the work of more junior team members.
• Responsible for cash and asset reconciliations related to more intricate accounts or transactions within assigned funds.
• Perform reconciliation of account expenses for more complex transactions and ensure they are allocated appropriately.
• Escalate atypical transactions to senior team members.
• Draft reports for clients regarding the performance of funds and may review first draft reports completed by more junior staff.
• Interact with clients in answering questions regarding fund reports and accounting processes.
• Provide guidance to less experienced team members; no direct reports but may have people management responsibilities in some geographies.
• Contribute to the achievement of team objectives.

Benefits

• Highly competitive compensation
• Benefits and wellbeing programs
• Access to flexible global resources and tools
• Generous paid leaves, including paid volunteer time

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees