Director, Fund/Client Accounting Manager

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

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

401(k) plan

Paid vacation

Job summary

BNY in Boston is seeking a Director of Fund Accounting to lead the Fund Accounting team responsible for critical accounting services including net asset value calculation and regulatory reporting.

The ideal candidate will oversee multiple teams, manage client relationships, and ensure compliance with GAAP and IFRS regulations. A competitive salary ranging from $130,000 to $250,000 per year is offered, alongside a comprehensive benefits package.

Qualifications

• 7-10 years of total work experience with at least 3-5 years in management.
• 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.
• Oversee client relationship management and service delivery.
• Provide oversight on financial statement disclosures and compliance.
• Recruit and develop staff to maximize performance.

Skills

Leadership

Financial analysis

Client relationship management

Regulatory compliance

Education

Bachelor’s degree in accounting

Job description

JOB DESCRIPTION

Director – Fund Accounting, Boston, MA (4 days in office per week). This role leads the Fund Accounting team responsible for accounting services including net asset value calculation, performance measurement, expense allocation, and regulatory reporting.

Responsibilities

• 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.

Qualifications

• 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.

Benefits and Compensation

Competitive base salary ranging from $130,000 to $250,000 per year, with additional compensation through incentive awards, bonuses, and stock-based programs. Full benefits package includes medical, dental, vision, life insurance, 401(k) plan, paid vacation, sick leave, paid volunteer time, and other paid time off.

Equal Employment Opportunity

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