Senior Specialist, Fund/Client Accounting

BNY Mellon•New York, NY

4h•$59,000 - $124,000•Onsite

About The Position

We’re seeking a future team member for the role of Senior Specialist, Fund/Client Accounting, to join our Integrated Middle Office Solutions team. In this role, you’ll make an impact by conducting accounting services for assigned clients and moderately complex funds, including determining net asset values (NAV), calculating fund performance, allocating expenses, and preparing reports. You will drive service improvement plans by targeting efficiencies, enhancing processes, and performing specialist review functions; provide input into methodologies and check the work of junior team members. You will also provide guidance and review work related to cash and asset reconciliations for complex or atypical transactions; resolve reconciliation issues and oversee junior staff outputs. Additionally, you will draft client reports on the performance of complex funds and regularly interact with clients to answer questions and resolve issues related to fund reports and accounting processes; assist in evaluating GAAP and/or IFRS rules to determine regulatory impact on fund accounting practices.

Requirements

Bachelor’s degree in accounting or an equivalent combination of education and experience.
5–7 years of total work experience in fund/client accounting preferred, including experience with NAV calculations, performance reporting, and reconciliations.
Experience evaluating GAAP and/or IFRS and applying new regulatory guidance to fund accounting practices; Big 4 accounting firm experience preferred.
Demonstrated ability to interact with clients, resolve complex accounting/reporting issues, and review/quality-check the work of junior team members.
People Leadership: No direct reports; provides guidance to less experienced team members and may have people management responsibilities in some geographies.

Nice To Haves

Big 4 accounting firm experience preferred.

Responsibilities

Conduct accounting services for assigned clients and moderately complex funds, including determining net asset values (NAV), calculating fund performance, allocating expenses, and preparing reports.
Drive service improvement plans by targeting efficiencies, enhancing processes, and performing specialist review functions; provide input into methodologies and check the work of junior team members.
Provide guidance and review work related to cash and asset reconciliations for complex or atypical transactions; resolve reconciliation issues and oversee junior staff outputs.
Draft client reports on the performance of complex funds and regularly interact with clients to answer questions and resolve issues related to fund reports and accounting processes; assist in evaluating GAAP and/or IFRS rules to determine regulatory impact on fund accounting practices.