Private Equity Fund Operations Associate – NYC

BNY; New York (NY); Hybrid; USD 75,000 - 110,000; Full time

Job summary

BNY Mellon seeks an Associate to join its private equity team in New York. The role combines accounting expertise with client service in a four‑day‑in‑office environment and a hybrid work approach.

You will contribute to NAV calculations, fund reporting, and process improvements while supporting ongoing client engagements. The successful candidate will have a accounting background with 2+ years of experience, offer guidance to junior staff, and participate in GAAP/IFRS considerations as part of

Qualifications

• Bachelor’s degree in accounting or the equivalent combination of education and experience.
• 2+ years of total work experience preferred.
• Ability to provide guidance to less experienced team members.
• May have people management responsibilities in some geographies.

Responsibilities

• Conduct accounting services for assigned clients and moderately complex funds, including NAV determinations, fund performance calculations, expense allocations, and report preparation.
• Perform complex Fund/Client Accounting responsibilities to drive service improvements, improve efficiencies, and provide specialist review functions.
• Provide input into methodologies and review the work of more junior team members.
• Guide and review cash and asset reconciliations for complex accounts or transactions, resolving reconciliation issues for atypical transactions.
• Draft and review client reports on the performance of complex funds.
• Regularly interact with clients to answer questions and resolve issues regarding fund reports and accounting processes.
• Assist in evaluating GAAP and IFRS rules for impact of new regulations on fund accounting practices.

Education

Bachelor’s Degree in Accounting or equivalent

2+ years of total work experience

Ability to guide less experienced team members

Job description

BNY Mellon seeks an Associate to join its private equity team in New York. The role combines accounting expertise with client service in a four‑day‑in‑office environment and a hybrid work approach.

You will contribute to NAV calculations, fund reporting, and process improvements while supporting ongoing client engagements. The successful candidate will have a accounting background with 2+ years of experience, offer guidance to junior staff, and participate in GAAP/IFRS considerations as part of