Senior Vice President, Financial Reporting Team Manager

BNY Mellon•Westborough, MA
•$69,000 - $160,000

About The Position

The Senior Vice President, Financial Reporting Team Manager oversees a Fund Reporting area, primarily through subordinate managers, and is responsible for the area’s goals, talent management, and team supervision. The role leads teams preparing and reviewing financial reports for assigned clients and funds, ensuring reports accurately reflect fund performance and meet corporate and regulatory standards. It also supports process transformation, ensures financial statements are complete and accurate, and leads analysis of accounting and disclosure standards changes. The role manages relationships with senior-level auditors and clients and presents fund reports to boards of directors. The position requires significant professional-team management experience, strong accounting knowledge, and experience in accounting and/or finance. BNY describes its culture as focused on employee growth, innovation, technology, and collaboration with clients. The company offers competitive compensation, benefits, and wellbeing programs, including paid leave and paid volunteer time. Eligible employees may participate in a 401(k) plan and company-sponsored medical, dental, vision, and basic life insurance plans; other benefits may also be available depending on the position.

Requirements

  • Significant experience (10 years) managing small- or medium-sized teams of professional staff, preferably at a fund administrator or Big Four firm with fund-investment exposure.
  • Strong accounting knowledge covering relevant accounting standards and regulations, including US GAAP, and investment fund structures such as mutual funds and hedge funds.
  • Bachelor’s degree in accounting or an equivalent combination of education and experience.
  • Experience in accounting and/or finance.

Responsibilities

  • Provide oversight and set priorities for multiple teams preparing and reviewing financial reports for assigned clients and funds.
  • Support process transformation by identifying improvements and implementing best practices to enhance efficiency and effectiveness.
  • Manage team performance and set area priorities.
  • Oversee and guide processes that check financial statements for completeness and accurate disclosure.
  • Resolve complex issues escalated by team members.
  • Oversee relationships with senior-level auditors and clients to ensure financial reporting meets expectations and accurately depicts fund performance.
  • Ensure financial reporting complies with corporate and applicable regulatory standards.
  • Lead analysis of changes in accounting and disclosure standards and direct necessary process changes to ensure compliance.
  • Lead presentations of fund reports to boards of directors, supporting good governance and communicating complex concepts.
  • Recruit, direct, motivate, and develop staff to maximize contribution, professional growth, and effective teamwork.
  • Manage a Fund Reporting area primarily through subordinate managers.
  • Achieve financial reporting area goals and oversee talent management and team supervision.

Benefits

  • Competitive compensation and benefits, with wellbeing programs.
  • Paid leaves, including paid volunteer time; vacation and sick time may be available depending on the position.
  • Eligible employees may enroll in a 401(k) plan.
  • Eligible employees may participate in company-sponsored medical, dental, vision, and basic life insurance plans.
  • Potential eligibility for an annual discretionary incentive award.
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