Vice President, Alternatives Accounting (Real Estate)

BNY External Career Site • Lake Mary, FL

1d • Onsite

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 Vice President to join our Alternatives Real Estate Investment Team.. This role is located in New York, NY (4 days in office expectation). In this role, you’ll make an impact in the following ways:

Requirements

• Bachelor’s degree in accounting or equivalent combination of education and experience.
• 5-7 years of total work experience with at least 1-3 years in management preferred.
• Strong knowledge of GAAP and IFRS accounting standards.
• Proven leadership and team development skills.

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.
• 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

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees