Vice President, Fund/Client Accounting Manager II

Bn'Y - Westborough, MA

Full-time - Senior

Westborough, MA

10,001+ employees

Real Estate

About the position

As the Vice President, Fund/Client Accounting Manager II at BNY, you will play a pivotal role in overseeing the Fund/Client Accounting team. This position is based in Westborough, MA, and offers a hybrid work environment. Your primary responsibility will be to manage multiple small teams or a large team of accountants who are tasked with conducting accounting services for assigned clients. This includes determining net asset values (NAV), calculating fund performance, allocating expenses, and preparing comprehensive financial reports. You will be instrumental in ensuring that the financial reports accurately reflect fund performance and comply with relevant accounting standards. In this role, you will manage the process of determining the NAV for assigned funds for each measurement cycle, ensuring accuracy and compliance with GAAP and/or IFRS regulations. You will also evaluate the impact of new regulations on BNY's fund accounting practices, ensuring that the organization remains at the forefront of industry standards. Your leadership will extend to directing the drafting of financial reports for clients, fostering strong working relationships with auditors and clients to implement necessary changes to financial reports. To thrive in this position, you will need to leverage your extensive experience in accounting and management, guiding your teams to deliver exceptional service and results. BNY values innovation and inclusivity, and you will be encouraged to bring your ideas to the table, contributing to the company's legacy of excellence in the financial sector.

Responsibilities

• Provides oversight for multiple small teams or one large team of Accountants responsible for conducting accounting services on behalf of assigned clients.
• Manages multiple teams in determining the net asset value (NAV) for assigned funds for each measurement cycle.
• Evaluates GAAP and/or IFRS rules to determine the impact of new regulations on BNY fund accounting practices.
• Directs the drafting of financial reports for clients to review fund performance.
• Leads working relationships with auditors and clients to make changes to financial reports and ensure they accurately depict fund performance.

Requirements

• Bachelor's degree in accounting or equivalent combination of education and experience is required.
• 5-7 years of total work experience and at least 0-1 years in management preferred.
• Big 4 accounting firm experience preferred.

Benefits

• Highly competitive compensation
• Benefits and wellbeing programs
• Access to flexible global resources and tools
• Generous paid leaves to support family moments
• Focus on health and personal resilience
• Financial goal support as a valued team member