Associate, Fund/Client Accounting Representative II

BNY Mellon

3d • $52,000 - $90,000 • Hybrid

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 to join our Fund Accounting team. This role location in Boston, MA or Everett, MA (4 days in office expectation). In this role, you’ll make an impact in the following ways: Serve as a lead for the day-to-day operations of a medium-sized fund accounting support team, providing work direction and technical assistance on complex matters. Lead day-to-day accounting and net asset value (NAV) production functions, including NAV construction & validation, NAV review, dissemination, and reporting activities for more complex funds. Review data and assist in resolving escalated problems arising during daily, weekly, or monthly accounting and reporting cycles. Track data and maintain accounting records for funds of higher complexity in accordance with department policies and procedures. Establish data maintenance and summarization processes to improve team efficiency and best support the accounting team. Lead the team in preparing system-generated reports, coordinate review of reports, and share reports with accounting teams. Review work of junior team members. Assist with maintaining relationships with client staff, regularly exchanging information regarding cash, accounting, and reporting of daily and monthly client activities and initiatives. Communicate data needs and answer client questions. Assist in identifying and implementing process improvements to reduce audit and financial exposure and improve team efficiency. Support the achievement of team objectives. No direct reports; may have work allocation and team lead responsibilities.

Requirements

• Bachelor’s degree in accounting or the equivalent combination of education and experience is required.
• 5-7 years of total work experience preferred, with experience in accounting support preferred.
• Strong technical knowledge of fund accounting and NAV production processes.
• Proven ability to lead and support a team in a complex accounting environment.
• Excellent communication skills to interact effectively with clients and internal teams.
• Ability to identify and implement process improvements.

Responsibilities

• Serve as a lead for the day-to-day operations of a medium-sized fund accounting support team, providing work direction and technical assistance on complex matters.
• Lead day-to-day accounting and net asset value (NAV) production functions, including NAV construction & validation, NAV review, dissemination, and reporting activities for more complex funds.
• Review data and assist in resolving escalated problems arising during daily, weekly, or monthly accounting and reporting cycles.
• Track data and maintain accounting records for funds of higher complexity in accordance with department policies and procedures.
• Establish data maintenance and summarization processes to improve team efficiency and best support the accounting team.
• Lead the team in preparing system-generated reports, coordinate review of reports, and share reports with accounting teams.
• Review work of junior team members.
• Assist with maintaining relationships with client staff, regularly exchanging information regarding cash, accounting, and reporting of daily and monthly client activities and initiatives.
• Communicate data needs and answer client questions.
• Assist in identifying and implementing process improvements to reduce audit and financial exposure and improve team efficiency.
• Support the achievement of team objectives.

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