Senior Associate, Alternative Investments Accounting
About the role
This role is located in New York, NY. In this role, you’ll make an impact by conducting accounting services on behalf of assigned clients and moderately complex funds, performing complex Fund/Client Accounting responsibilities, providing guidance to less experienced team members, and assisting in evaluating GAAP and/or IFRS rules.
Responsibilities
- Determine net asset values and calculate fund performance.
- Allocate expenses and prepare reports for assigned clients and funds.
- Drive Service Improvement plans, targeting efficiencies, enhancing processes, and reviewing specialist functions.
- Guide and review cash and asset reconciliations for complex accounts or transactions, resolving reconciliation issues for atypical transactions.
- Draft and review reports for clients regarding the performance of complex funds.
- Interact with clients to answer questions and resolve issues regarding fund reports and accounting processes.
- Evaluate GAAP and/or IFRS rules to determine the impact of new regulations on BNY fund accounting practices.
Requirements
- Bachelor’s degree in accounting or the equivalent combination of education and experience.
- 5-7 years of total work experience preferred.
- Ability to provide guidance to less experienced team members.
- May have people management responsibilities in some geographies.
Qualifications
- Participation in a professional accounting organization.
- Experience with accounting software and systems.
- Strong analytical and problem-solving skills.
- Excellent communication and interpersonal skills.
Skills
- Proficiency in accounting principles and practices.
- Knowledge of GAAP and IFRS.
- Ability to manage multiple tasks and priorities.
- Strong attention to detail.
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.
Pay
The expected base salary for this position when employment commences can be found in the Job Info section at the bottom of the posting. Base salary offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience.
Schedule
The schedule for this role is typically full-time.
Company Information
BNY is 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 is all about.