Senior Specialist, Fund/Client Accounting

About the role

Fund/Client Accounting - IC3 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.

Responsibilities

• Drives Service Improvement plans, targets efficiencies, enhances processes and performs specialist review functions.
• Provides input into methodologies and checks the work of more junior team members.
• Guides and reviews work related to cash and asset reconciliations for complex accounts or transactions.
• Solves 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.
• Interacts with clients in answering questions and resolving issues regarding fund reports and accounting processes.
• Evaluates GAAP and/or IFRS rules to determine impact of new regulations on BNY Mellon fund accounting practices.

Requirements

A Bachelor's 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.

Qualifications

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.

Skills

Knowledge of GAAP and/or IFRS rules.

Benefits

BNY Mellon offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. Eligible employees may enroll in a 401(k) plan as well as participate in Company-sponsored medical, dental, vision, and basic life insurance plans for the employee and the employee’s eligible dependents. Details of participation in these benefit plans will be provided if an employee receives an offer of employment. If hired, the employee will be in an “at will” position and the Company reserves the right to modify base salary (as well as any other discretionary payments or compensation programs) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.

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

Details of the schedule will be provided if an employee receives an offer of employment.