Vice President, Financial Reporting Manager

BNY Mellon • Westborough, MA

4d • $69,000 - $160,000

About The Position

The Vice President, Financial Reporting Manager prepares and reviews accounting statements and reports for complex alternative investment funds. The role reviews fund financial statements and reconciliations, guides disclosure structure and completeness, and ensures reports meet corporate and applicable regulatory standards, including advising the team on changes needed to comply with new standards.

The position works closely with junior team members, auditors, and clients to produce accurate, timely reports that depict fund performance. It also supports process transformation and efficiency initiatives, may present reports to Boards of Directors, and may take on Team Lead responsibilities.

Requirements

• Bachelor’s degree in accounting or an equivalent combination of education and experience.
• Strong accounting knowledge covering relevant accounting standards and regulations, including IFRS, US GAAP, and Lux GAAP, and investment fund structures such as mutual funds and hedge funds.
• Ability to review and prepare complex fund accounting statements and reports.

Nice To Haves

• 7–10 years of total work experience preferred.
• Experience in private equity and/or hedge fund accounting preferred.
• People leadership experience may be applicable in some geographies.

Responsibilities

• Prepare and review accounting statements for complex funds on behalf of Alternative Investment Fund clients.
• Review the work of junior team members and collaborate with auditors and clients to ensure statements are accurately produced, verified, and delivered on time.
• Review balance sheets, income statements, statements of cash flows, and statements of shareholders’ equity for complex funds to ensure reported numbers are reconciled.
• Draft accounting statements and reports for complex funds, incorporating fund calculations for clients to review fund performance.
• Provide guidance on report structure and check disclosures for completeness and accuracy.
• Ensure financial reports meet corporate and applicable regulatory standards, and advise the team on process changes needed to comply with new standards.
• Lead working relationships with auditors and clients to make changes to financial reports and ensure reports accurately depict fund performance.
• Support initiatives to transform existing processes, identify areas for improvement, and implement best practices to enhance efficiency and effectiveness.
• Assist in presenting fund reports to Boards of Directors to support good governance and communication of fund status.
• Provide guidance to less experienced team members and, as needed, take on Team Lead responsibilities.

Benefits

• Competitive compensation and benefits.
• Wellbeing programs and flexible global resources and tools.
• Paid leaves, including paid volunteer time.
• Eligibility to enroll in a 401(k) plan, subject to plan terms and conditions.
• Company-sponsored medical, dental, vision, and basic life insurance plans for eligible employees and eligible dependents.
• Other benefits, including vacation and sick time, depending on the position offered.
• An annual discretionary incentive award may be available to eligible employees.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior