Associate, Fund/Client Accounting II

BNY Mellon • Los Angeles, CA

2d • $65,000 - $86,000

About The Position

Associate Fund Accounting 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 Fund/Client Accounting - IC2 to join our Fund Accounting team. This role is based out of Los Angeles CA In this role, you’ll make an impact in the following ways: 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. Drive Service Improvement plans, target efficiencies, enhance processes, and perform specialist review functions. Check the work of more junior team members and provide guidance as needed. Perform cash and asset reconciliations related to more intricate accounts or transactions within assigned funds and escalate atypical transactions to senior team members. Draft and review client reports regarding fund performance and interact with clients to answer questions about fund reports and accounting processes.

Requirements

• Bachelor’s degree in accounting or the equivalent combination of education and experience.
• 3-5 years of total work experience preferred.
• Strong knowledge of fund accounting principles and reconciliation processes.
• Ability to provide guidance to less experienced team members; people management responsibilities may apply in some geographies.

Nice To Haves

• Experience at a Big 4 accounting firm 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.
• Drive Service Improvement plans, target efficiencies, enhance processes, and perform specialist review functions.
• Check the work of more junior team members and provide guidance as needed.
• Perform cash and asset reconciliations related to more intricate accounts or transactions within assigned funds and escalate atypical transactions to senior team members.
• Draft and review client reports regarding fund performance and interact with clients to answer questions about fund reports and accounting processes.

Benefits

• BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy.
• We provide access to flexible global resources and tools for your life’s journey.
• Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level