Vice President, Fund/Client Accounting

BNY; Frankfurt; On-site; EUR 90,000 - 140,000; Full time

Job summary

BNY is seeking a senior IFRS accounting specialist to support German fund administration clients. You will ensure timely and technically sound IFRS accounting and reporting for in-scope investment funds.

You will translate client IFRS requirements into booking rules, data specs, controls and procedures across internal and international teams, oversee daily and period-end IFRS accounting, and drive complete outputs within close timetables.

Qualifications

• Extensive IFRS investment accounting and fund accounting experience.
• Strong knowledge of IFRS 9, SPPI, FVOCI, FVTPL and impairment.
• Proficiency in IFRS 7 and IFRS 13 disclosures.
• Excellent written and spoken German and English for documentation and client communication.

Responsibilities

• Act as senior IFRS accounting specialist for German fund administration clients.
• Translate IFRS requirements into booking rules and procedures across teams.
• Oversee daily and period-end IFRS accounting and closing.
• Review securities/derivatives accounting and IAS 21 valuations.
• Coordinate monthly, quarterly and annual close activities and controls.
• Ensure reconciliations NAV-to-IFRS, GL-to-IFRS and ECL inputs.
• Support IFRS 13 fair-value classifications and disclosures.
• Coordinate data across fund-accounting systems and client interfaces.

Skills

IFRS accounting expertise

German fund accounting

Financial reporting

Analytical skills

German/English fluency

Education

Accounting degree or related field

Professional qualification (CPA/ACCA/Wirtschaftsprüfer)

Tools

SAP

Eagle

Job description

Job Description

• Act as senior IFRS accounting specialist for German fund administration clients and ensure technically sound, controlled and timely IFRS accounting and reporting for in-scope investment funds.


• Translate client-specific IFRS requirements and accounting policies into clear booking rules, data specifications, controls and operating procedures across internal and international service-delivery teams.


• Oversee daily and period-end IFRS accounting, including classification and measurement under IFRS 9, SPPI and business-model assessments, amortised cost, FVOCI, FVTPL, effective-interest-rate amortisation and expected credit loss accounting.


• Review accounting for securities and derivatives, including accrued interest, premiums and discounts, foreign-currency valuation under IAS 21, realised and unrealised results, valuation adjustments, modifications and derecognition.


• Coordinate monthly, quarterly and annual IFRS closing activities, including posting controls, plausibility reviews, correction cycles and delivery of complete accounting outputs within agreed close timetables.


• Perform and evidence subledger-to-general-ledger, GL1/GL2, NAV-to-IFRS and HGB-to-IFRS reconciliations, investigate material differences and ensure transparent correction and escalation.


• Oversee IFRS 13 fair-value hierarchy classifications for Levels 1, 2 and 3 and support IFRS 7 disclosures, including completeness checks, valuation-input review, reclassifications and supporting reporting data.


• Coordinate critical data and interface dependencies across fund-accounting systems, general ledgers, reporting platforms and client interfaces, including holdings, transactions, master data, valuations and ECL inputs.

In this role, you will make an impact in the following ways

• Act as senior IFRS accounting specialist for German fund administration clients and ensure technically sound, controlled and timely IFRS accounting and reporting for in-scope investment funds.


• Translate client-specific IFRS requirements and accounting policies into clear booking rules, data specifications, controls and operating procedures across internal and international service-delivery teams.


• Oversee daily and period-end IFRS accounting, including classification and measurement under IFRS 9, SPPI and business-model assessments, amortised cost, FVOCI, FVTPL, effective-interest-rate amortisation and expected credit loss accounting.


• Review accounting for securities and derivatives, including accrued interest, premiums and discounts, foreign-currency valuation under IAS 21, realised and unrealised results, valuation adjustments, modifications and derecognition.


• Coordinate monthly, quarterly and annual IFRS closing activities, including posting controls, plausibility reviews, correction cycles and delivery of complete accounting outputs within agreed close timetables.


• Perform and evidence subledger-to-general-ledger, GL1/GL2, NAV-to-IFRS and HGB-to-IFRS reconciliations, investigate material differences and ensure transparent correction and escalation.


• Oversee IFRS 13 fair-value hierarchy classifications for Levels 1, 2 and 3 and support IFRS 7 disclosures, including completeness checks, valuation-input review, reclassifications and supporting reporting data.


• Coordinate critical data and interface dependencies across fund-accounting systems, general ledgers, reporting platforms, and client interfaces, including holdings, transactions, master data, valuations and ECL inputs.

To be successful in this role, we are seeking the following

IFRS investment accounting expertise

• Extensive practical experience in IFRS investment accounting, fund accounting, asset-owner accounting or financial reporting within asset management, fund administration, insurance investment accounting or a comparable environment.


• Deep knowledge of IFRS 9, including SPPI criteria, business-model assessment, amortised cost, FVOCI, FVTPL, effective-interest-rate methodology, impairment and expected credit loss concepts.


• Strong knowledge of IFRS 7 and IFRS 13, particularly financial-instrument disclosures, fair-value measurement, valuation techniques and inputs, fair-value hierarchy levelling and transfers between levels.


• Sound understanding of parallel German accounting frameworks, including investment-law accounting under KAGB/KARBV, HGB and IFRS, and the ability to reconcile differences in recognition, measurement and presentation.

Accounting controls and service delivery

• Experience reviewing IFRS trial balances, subledger and general-ledger feeds, valuation and ECL outputs, notes disclosures, reconciliation evidence and audit documentation for complex investment portfolios.


• Strong experience with accounting controls, analytical review, materiality-based exception management, correction postings, data lineage and evidence retention.


• Ability to assess complex accounting matters independently, challenge inconsistent classifications, valuations or postings and translate conclusions into operational requirements and sustainable controls.

Professional Capabilities

• Several years of progressively responsible experience in IFRS investment accounting or fund accounting, with sufficient technical depth to act as the principal specialist for complex accounting, closing and reporting matters.


• A degree in accounting, finance, business administration or a related discipline is expected. A professional accounting qualification such as Wirtschaftsprüfer, CPA, ACCA or equivalent is a plus.


• Strong analytical judgement, accuracy and attention to detail, combined with the ability to prioritise material accounting risks and manage demanding closing timelines.


• Excellent written and spoken German and English are required for technical documentation, client communication, audit support and cooperation with international teams.


• Advanced Microsoft Excel skills are required. Experience with SAP, Eagle or comparable accounting platforms, reporting tools, structured interfaces and workflow automation is an advantage.

What Success Looks Like

• IFRS accounting and reporting is complete, technically sound, reconciled and delivered within agreed daily and period-end timetables.


• SPPI assessments, IFRS 9 classifications, ECL, amortisation, derivatives accounting and IFRS 13 levelling are subject to effective specialist review.


• Accounting and reporting data remains aligned across subledgers, general ledgers and downstream interfaces, with breaks identified and corrected transparently.


• Clients, auditors and internal stakeholders receive clear, reliable and timely explanations of accounting treatments, exceptions and required decisions.

About Us

At BNY, our culture allows us to run our company better and enables employees’ growth and success. As 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. Join us and be part of something extraordinary.

About The Team

At BNY, our culture speaks for itself, check out the latest BNY news at: BNY Newsroom & BNY LinkedIn

Here’s a Few Of Our Recent Awards

• America’s Most Innovative Companies, Fortune, 2025


• World’s Most Admired Companies, Fortune 2025


• "Most Just Companies", Just Capital and CNBC, 2025

Our Benefits And Rewards

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. BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.