BNY Mellon - Westborough, MA

posted 6 months ago

Full-time - Senior
Westborough, MA
10,001+ employees
Credit Intermediation and Related Activities

About the position

As the Vice President, Fund/Client Accounting Manager II at BNY Mellon, you will play a pivotal role in overseeing the Fund/Client Accounting team. This position is based in Westborough, MA, and operates in a hybrid work environment. Your primary responsibility will be to manage multiple small teams or a large team of accountants who are tasked with providing comprehensive accounting services for assigned clients. This includes determining net asset values (NAV), calculating fund performance, allocating expenses, and preparing detailed financial reports. You will ensure that the accounting practices align with both GAAP and IFRS regulations, evaluating the impact of new regulations on BNY Mellon's fund accounting practices. In this leadership role, you will direct the drafting of financial reports that clients will review to assess fund performance. You will also be responsible for fostering strong working relationships with auditors and clients, facilitating necessary changes to financial reports to ensure they accurately reflect fund performance. Your expertise will be crucial in guiding your teams through the complexities of fund accounting, ensuring compliance with industry standards, and delivering exceptional service to our clients. At BNY Mellon, we pride ourselves on our inclusive culture and commitment to diversity. We are looking for a candidate who not only possesses the technical skills required for this role but also embodies our values of collaboration, innovation, and integrity. Join us in making a significant impact in the financial services industry and be part of a team that is dedicated to excellence and continuous improvement.

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 Mellon 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 and personal needs
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