Senior Vice President, Fund/Client Accounting Manager
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 Senior Vice President, Fund/Client Accounting Manager to join our Fund Accounting team, based in Boston MA
Requirements
- Bachelor’s degree in accounting or the equivalent combination of education and experience.
- 5-7 years of total work experience with at least 1-3 years in management preferred.
Nice To Haves
- Experience at a Big 4 accounting firm preferred.
Responsibilities
- Direct multiple Fund Accounting teams responsible for conducting accounting services on behalf of a broad array of assigned clients, including determining net asset values, calculating fund performance, allocating expenses, and preparing reports.
- Manage financial and human resources for the unit, ensuring assigned teams operate effectively to meet unit goals and objectives.
- Oversee processes and resource allocation to determine the net asset value (NAV) for assigned funds across multiple sectors for each measurement cycle.
- Manage relationships with a broad set of clients, resolving unique escalated issues related to fund calculations and accounting.
- Direct and prioritize processes that verify completeness and accuracy of disclosures in financial statements, providing guidance to teams to maintain accounting records in accordance with departmental policies and procedures.
- Evaluate GAAP and/or IFRS rules to assess the impact of new regulations on BNY Mellon fund accounting practices and develop strategies for implementation.
- Implement and assist in setting guidelines, policies, and priorities for drafting financial reports for clients to review fund performance, communicating complex accounting details effectively.
- Recruit, direct, motivate, and develop staff to maximize individual contributions, professional growth, and effective teamwork.
- Oversee relationships with auditors and clients to ensure financial reports accurately depict fund performance.
- Manage multiple Fund/Client Accounting teams primarily through subordinate managers, contributing to the achievement of multiple 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.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Number of Employees
5,001-10,000 employees
