Director, Fund/Client Accounting Manager

BNY Mellon; Boston (MA); On-site; USD 130,000 - 250,000; Full time

Benefits offered by this job

Highly competitive compensation

Generous paid leaves including volunteer time

Job summary

BNY Mellon is seeking a Director to join our Fund Accounting team in Boston, MA. This role involves directing accounting services, managing resources, and contributing to strategic development. The ideal candidate will have a Bachelor's degree in accounting, 7-10 years of experience, and ideally have worked at a Big 4 accounting firm.

We offer highly competitive compensation and benefits focused on health, resilience, and financial goals, enhancing your career journey with us.

Qualifications

• 7-10 years of total work experience with at least 3-5 years in management preferred.
• Experience at a Big 4 accounting firm preferred.

Responsibilities

• Direct a Fund Accounting area responsible for accounting services.
• Manage financial and human resources for the unit.
• Execute business plans and contribute to functional strategy development.
• Oversee client relationship management and service levels.
• Provide oversight on financial statement disclosures and compliance.
• Develop policies for drafting financial reports and communicate with clients.
• Recruit and develop staff to maximize performance.
• Manage multiple Fund/Client Accounting teams.

Education

Bachelor's degree in accounting or equivalent combination of education and experience

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.

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 #LifeAtBNY is all about. Join us and be part of something extraordinary.

We're seeking a future team member for the role of Director to join our Fund Accounting team. This role location in Boston, MA ( 4 days in office expectation per week).

In this role, you'll make an impact in the following ways:

• Direct a Fund Accounting area consisting of multiple teams responsible for accounting services including determining net asset values, calculating fund performance, allocating expenses, and preparing reports.
• Manage financial and human resources for the unit, ensuring teams operate effectively to meet goals and objectives.
• Execute business plans, contribute to functional strategy development, and set guidelines for determining net asset value (NAV) across various sectors.
• Oversee client relationship management, ensuring service levels meet client needs, resolving issues, and participating in sales efforts including RFP and RFI preparation.
• Provide oversight and guidance on financial statement disclosures, resolve complex escalated issues, and lead analysis of GAAP and IFRS rules to ensure regulatory compliance.
• Develop policies and set priorities for drafting financial reports, communicate complex accounting details to clients, and manage relationships with senior auditors and clients.
• Recruit, direct, motivate, and develop staff to maximize individual and team performance.
• Manage multiple Fund/Client Accounting teams primarily through subordinate managers and contribute to achieving team objectives.

To be successful in this role, we're seeking the following:

• Bachelor's degree in accounting or equivalent combination of education and experience.
• 7-10 years of total work experience with at least 3-5 years in management preferred.
• Experience at a Big 4 accounting firm preferred.

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.

BNY assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $130,000 and $250,000 per year at the commencement of employment. However, base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNY total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, short and long-term incentive packages, and Company-sponsored benefit programs. This position is at-will and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation) at any time, including for reasons related to individual performance, change in geographic location, Company or individual department/team performance, and market factors.