Associate, Fund Administration II

BNY; New York (NY); Hybrid; USD 58,000 - 105,000; Full time

Job summary

BNY is seeking a Senior Accountant to join the Private Equity team. The position is located in NY or Lake Mary with four days in office per week.

You will conduct accounting for assigned clients and complex funds, determine net asset values, calculate fund performance, allocate expenses, and prepare reports. You will support GAAP/IFRS analysis and work with fund accounting tools like Investran and Advent Geneva.

Qualifications

• Bachelor’s degree in accounting or equivalent required.
• 3+ years of total work experience preferred.
• Experience with Hedge Funds, Private Equity, or reconciliations.
• Experience with Investran or Advent Geneva desirable.

Responsibilities

• Conduct accounting services on behalf of assigned clients and moderately complex funds, including determining net asset values, calculating fund performance, allocating expenses, and preparing reports.
• Perform complex Fund/Client Accounting responsibilities in areas such as driving Service Improvement plans, targeting efficiencies, enhancing processes, and specialist review functions. Provide input into methodologies and check the work of more junior team members.
• Provide guidance and review work related to cash and asset reconciliations for complex accounts or transactions. Resolve reconciliation of accounts for more complex or atypical transactions and review work of junior team members.
• Draft reports for clients regarding the performance of complex funds and review draft reports completed by more junior staff. Regularly interact with clients to answer questions and resolve issues regarding fund reports and accounting processes.
• Assist in evaluating GAAP and/or IFRS rules to determine the impact of new regulations on BNY Mellon fund‑accounting practices.

Skills

Fund accounting

GAAP knowledge

Client interaction

Education

Bachelor’s degree in accounting

Tools

Investran

Advent Geneva

Job description

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.

Job Overview

We’re seeking a Senior Accountant to join our Private Equity team. The position is located in NY or Lake Mary (four days in office per week).

Responsibilities

• Conduct accounting services on behalf of assigned clients and moderately complex funds, including determining net asset values, calculating fund performance, allocating expenses, and preparing reports.
• Perform complex Fund/Client Accounting responsibilities in areas such as driving Service Improvement plans, targeting efficiencies, enhancing processes, and specialist review functions. Provide input into methodologies and check the work of more junior team members.
• Provide guidance and review work related to cash and asset reconciliations for complex accounts or transactions. Resolve reconciliation of accounts for more complex or atypical transactions and review work of junior team members.
• Draft reports for clients regarding the performance of complex funds and review draft reports completed by more junior staff. Regularly interact with clients to answer questions and resolve issues regarding fund reports and accounting processes.
• Assist in evaluating GAAP and/or IFRS rules to determine the impact of new regulations on BNY Mellon fund‑accounting practices.

Qualifications

• Bachelor’s degree in accounting or an equivalent combination of education and experience is required.
• 3+ years of total work experience preferred.
• Prior exposure to Hedge Funds, Private Equity, or reconciliations.
• Prior experience with Investran or Advent Geneva highly desirable.

Benefits

BNY offers a highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence. Paid leave is generous, including paid volunteer time, and programs support work‑life balance across the organization.

Salary

For New York, the base salary for this position is expected to be between $58,000 and $105,000 per year at commencement. The actual salary will be determined individually, including experience and market location, and is part of a total compensation package that may also include commission earnings, discretionary bonuses, short- and long‑term incentive packages, and company‑sponsored benefit programs.

Equal Employment Opportunity

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

At‑Will Employment

The position is at‑will, and the Company reserves the right to modify base salary or any other discretionary payment at any time.