Senior Specialist, Hedge Fund Accountant

Bank of New York Mellon • Lake Mary, FL

1d • $59,000 - $92,000 • Hybrid

About The Position

BNY is seeking a Senior Associate to join its private equity team in Lake Mary, Florida, with an expectation of working in the office four days per week. The role provides accounting services for assigned clients and moderately complex funds, including determining net asset values, calculating fund performance, allocating expenses, and preparing reports. It also involves complex fund and client accounting responsibilities, service improvement initiatives, process enhancement, specialist reviews, and guidance and review of work performed by more junior team members.

The position includes reviewing cash and asset reconciliations for complex accounts or transactions and resolving issues involving atypical transactions. The Senior Associate drafts and reviews client reports on complex fund performance, regularly interacts with clients to address questions and issues, and helps evaluate GAAP and/or IFRS rules to determine how new regulations affect BNY Mellon fund accounting practices. People management responsibilities may apply in some geographies.

Requirements

• Bachelor’s degree in accounting or an equivalent combination of education and experience.
• Ability to provide guidance to less experienced team members.

Nice To Haves

• 5–7 years of total work experience preferred.

Responsibilities

• Conduct accounting services for 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 reviews for complex fund and client accounting responsibilities.
• Provide input into methodologies and review the work of more junior team members.
• Guide and review cash and asset reconciliation work for complex accounts or transactions, resolving issues involving atypical transactions.
• Draft and review client reports regarding the performance of complex funds.
• Interact regularly with clients to answer questions and resolve issues regarding fund reports and accounting processes.
• Assist in evaluating GAAP and/or IFRS rules and assessing the impact of new regulations on BNY Mellon fund accounting practices.

Benefits

• Competitive compensation and wellbeing programs.
• Generous paid leaves, including paid volunteer time.
• Eligible employees may enroll in a 401(k) plan.
• Eligible employees may participate in company-sponsored medical, dental, vision, and basic life insurance plans.
• Eligible employees may receive paid time off, including vacation and sick time.
• Eligible employees may be eligible for an annual discretionary incentive award.

What This Job Offers

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