Vice President, Fund/Client Accounting Manager I

BNY • Los Angeles, CA

20h • $68,000 - $170,000

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 Fund Accounting to join our Fund Accounting team. This role is located in Los Angeles, LA Manage a small team of Accountants responsible for conducting accounting services on behalf of assigned clients including determining net asset values, calculating fund performance, allocating expenses, and preparing reports. Resolve escalated issues from team members and manage the performance of assigned staff while setting team priorities. Oversee the determination of net asset value (NAV) for assigned funds for each measurement cycle and manage relationships with assigned clients to ensure all questions are answered and issues resolved. Provide oversight to ensure accounting records and financial statement disclosures are complete, accurate, and maintained in accordance with departmental policies and procedures. Evaluate GAAP and/or IFRS rules to determine the impact of new regulations on BNY Mellon fund accounting practices. Manage the drafting and communication of financial reports to clients, explaining fund performance and accounting intricacies. Recruit, direct, motivate, and develop staff to maximize their individual contributions, professional growth, and team effectiveness. Contribute to the achievement of team objectives.

Requirements

• Bachelor’s degree in accounting or the equivalent combination of education and experience.
• 4-5 years of total work experience with at least 0-1 years in management preferred.

Nice To Haves

• Experience at a Big 4 accounting firm preferred.

Responsibilities

• Manage a small team of Accountants responsible for conducting accounting services on behalf of assigned clients including determining net asset values, calculating fund performance, allocating expenses, and preparing reports.
• Resolve escalated issues from team members and manage the performance of assigned staff while setting team priorities.
• Oversee the determination of net asset value (NAV) for assigned funds for each measurement cycle and manage relationships with assigned clients to ensure all questions are answered and issues resolved.
• Provide oversight to ensure accounting records and financial statement disclosures are complete, accurate, and maintained in accordance with departmental policies and procedures.
• Evaluate GAAP and/or IFRS rules to determine the impact of new regulations on BNY Mellon fund accounting practices.
• Manage the drafting and communication of financial reports to clients, explaining fund performance and accounting intricacies.
• Recruit, direct, motivate, and develop staff to maximize their individual contributions, professional growth, and team effectiveness.
• Contribute to the achievement of 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