Fund Client Accounting Associate II – NAV & Reporting

BNY Mellon; Los Angeles (CA); On-site; USD 47,000 - 86,700; Full time

Job summary

BNY Mellon in Los Angeles is seeking an Associate, Fund Client Accounting II to join our Fund Accounting team. You will conduct accounting services for assigned clients and moderately complex funds, prepare client reports, and support NAV calculations and expense allocations.

You will review work of junior staff, perform reconciliations for complex accounts, and assist in delivering timely fund reports while interacting with clients to explain performance and accounting processes.

Qualifications

• Bachelor's degree in accounting or the equivalent combination of education and experience is required.
• 3-5 years of total work experience preferred.
• Big 4 accounting firm experience preferred.

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 Fund/Client Accounting responsibilities in the areas of driving Service Improvement plans, targeting efficiencies, enhancing processes and specialist review functions.
• Check the work of more junior team members.
• Responsible for cash and asset reconciliations related to more intricate accounts or transactions within assigned funds.
• Perform reconciliation of account expenses for more complex transactions and ensure they are allocated appropriately.
• Escalate atypical transactions to senior team members.
• Draft reports for clients regarding the performance of funds and may review first draft reports completed by more junior staff.
• Interact with clients in answering questions regarding fund reports and accounting processes.
• Provide guidance to less experienced team members; no direct reports but may have people management responsibilities in some geographies.
• Contribute to the achievement of team objectives.

Skills

Attention to detail

Communication skills

Teamwork

Education

Bachelor's degree in accounting

Job description

BNY Mellon in Los Angeles is seeking an Associate, Fund Client Accounting II to join our Fund Accounting team. You will conduct accounting services for assigned clients and moderately complex funds, prepare client reports, and support NAV calculations and expense allocations.

You will review work of junior staff, perform reconciliations for complex accounts, and assist in delivering timely fund reports while interacting with clients to explain performance and accounting processes.