Senior Associate, Fund/Client Accounting

Job description

Senior Associate - Fund/Client Accounting

For over 235 years, Bank of New York Mellon (BNY Mellon) has been at the center of the global financial markets, providing the world's leading institutions the tools, capabilities, and services to be distinctive investors. We power individuals and institutions to succeed in the global economy providing investment management, investment services and wealth management.

Our organizational culture stands on solid values - Integrity, Strength in Diversity, Passion for Excellence and Courage to Lead. Our guiding principles drive us to always do what's right, helping everyone feel included on the way, to take the risks necessary to lead and get things done.

The Role

• Conducts accounting services on behalf of assigned clients and moderately complex funds including determining net asset values, calculating fund performance, allocating expenses and preparing reports.


• Performs complex Fund/Client Accounting responsibilities in the areas of driving Service Improvement plans, targeting efficiencies, enhancing processes and specialist review functions.


• Provides input into methodologies and checks the work of more junior team members.


• Provides guidance and reviews work related to cash and asset reconciliations relating to complex accounts or transactions.


• Resolves reconciliation of accounts for more complex or atypical transactions and reviews work of junior team members.


• Drafts reports for clients regarding the performance of complex funds.


• Reviews draft reports completed by more junior staff.


• Regularly interacts with clients in answering questions and resolving issues regarding fund reports and accounting processes.


• Assists in evaluating GAAP and/or IFRS rules to determine impact of new regulations on BNY Mellon fund accounting practices.


• No direct reports.


• Provides guidance to less experienced team members.


• May have people management responsibilities in some geographies.


• Contributes to the achievement of related teams objectives.

Experience

• Bachelors degree in accounting or the equivalent combination of education and experience is required.


• 5-7 years of total work experience preferred.


• Big 4 accounting firm experience preferred.

Our Benefits

BNY Mellon 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 that can support you and your family through moments that matter.