Senior Vice President, Private Equity Fund Accounting
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 and champions of inclusion, 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 Private Equity team. This role is located in New York (4 day in office expectation).
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 in determining the net asset value (NAV) for assigned funds in 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 the completeness and accuracy of disclosure in financial statements.
- Provide guidance to teams to ensure accounting records comply with departmental policies and procedures and resolve complex escalated issues.
- Evaluate GAAP and/or IFRS rules to determine 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 and communicate complex accounting intricacies.
- Recruit, direct, motivate, and develop staff to maximize individual contributions, professional growth, and effective teamwork.
- Oversee relationships with auditors and clients to update financial reports ensuring accurate depiction of fund performance.
- Manage multiple Fund/Client Accounting teams primarily through subordinate managers and contribute to the achievement of multiple team objectives.
Benefits
- generous paid leaves
- paid volunteer time
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Senior
