Director, Technical Accounting

About the role

Provides technical accounting and advisory services to BNY Mellon businesses and controllers related to highly complex accounting matters such as broker dealer and capital market transactions, acquisitions & dispositions, consolidations, impairments, hedge accounting, financial instruments valuation, and revenue/expense recognition.

• Conducts research and evaluation of complex technical accounting matters, valuation, and unique transactions.
• Develops recommendations on how BNY Mellon should treat transactions and other complex accounting matters in accordance with applicable standards. Presents recommendations to business leadership.
• Reviews complex accounting judgments included in BNY Mellon's quarterly and annual reports. Interacts with external auditors and answers questions regarding accounting methodology.
• Develops documentation and provides guidance on complex accounting matters regarding BNY Mellon's treatment of transactions and related assumptions and judgments.
• Monitors activities of accounting standard setting bodies (i.e., SEC, FASB, and IASB). Analyzes operational and financial impact of proposed and adopted accounting standards and supports the development of BNY Mellon positions on evolving accounting matters.

No direct reports, provides guidance to less experienced team members and may be leader on project teams. Supports the achievement of team objectives.

Requirements

• Bachelor's degree in accounting and CPA or the equivalent combination of education and experience is required.
• 12-15 years of total work experience, in financial services and/or with the Big 4 accounting firms, is preferred.

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.

• Eligibility for an annual discretionary incentive award.
• 401(k) plan enrollment.
• Company-sponsored medical, dental, vision, and basic life insurance plans for the employee and the employee’s eligible dependents.
• Various paid time off benefits, such as vacation and sick time.

Pay

BNY assesses market data to ensure a competitive compensation package for our employees. The expected base salary for this position when employment commences can vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. Base salary is only part of the total rewards package.