Senior Vice President, Fund Controller (Real Estate)

BNYLos Angeles, CA
$102,000 - $225,000Onsite

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 to join our Alternatives Real Estate Investment Team. This role is located in LA, California, or Lake Mary Florida.

Requirements

  • Bachelor’s degree in accounting or equivalent combination of education and experience.
  • 8 years of total work experience
  • Strong knowledge of GAAP and IFRS accounting standards.
  • Proven leadership and team development skills.

Nice To Haves

  • 1-3 years in management preferred.
  • 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.
  • Direct 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.
  • Set priorities for processes that verify completeness and accuracy of disclosures in financial statements and provide guidance to teams to maintain accounting records in accordance with departmental policies.
  • 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 team effectiveness.
  • Oversee relationships with auditors and clients to ensure financial reports accurately depict fund performance.
  • Manage multiple Fund/Client Accounting teams primarily through subordinate managers and contribute to achieving multiple team objectives.

Benefits

  • highly competitive compensation
  • benefits
  • wellbeing programs
  • flexible global resources and tools for your life’s journey
  • Focus on your health
  • foster your personal resilience
  • reach your financial goals
  • generous paid leaves
  • paid volunteer time
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