Senior Associate, Private Equity

BNY; Town of Florida (NY); On-site; USD 70,000 - 90,000; Full time

Benefits offered by this job

Flexible global resources

Generous paid leaves

Wellbeing programs

Job summary

A leading global financial services company is seeking a Senior Accountant to join its Private Equity team in New York or Lake Mary. This role involves conducting accounting services for various clients, performing complex accounting responsibilities, and providing guidance on reconciliations and reports. Candidates should have a Bachelor's degree in accounting and 5-7 years of relevant experience, ideally with exposure to Hedge Funds or Private Equity. Competitive compensation and benefits are offered, emphasizing personal wellbeing.

Qualifications

• 5-7 years of total work experience preferred.
• Prior exposure to Hedge Funds, Private Equity, or Real Estate Fund Accounting.

Responsibilities

• Conduct accounting services for clients and funds.
• Perform complex Fund/Client Accounting responsibilities.
• Provide guidance on cash and asset reconciliations.
• Draft reports for clients on complex fund performance.
• Evaluate GAAP/IFRS rules for impact on accounting practices.

Skills

Accounting services

Fund performance calculation

GAAP/IFRS regulations

Cash and asset reconciliations

Client interaction

Education

Bachelor’s degree in accounting

Tools

Investran

Advent Geneva

Job description

Overview

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.

We’re seeking a future team member for the role of Senior Accountant to join our Private Equity team. This role is located in NY or Lake Mary (4 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 the areas of 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 relating to 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 in answering questions and resolving issues regarding fund reports and accounting processes.
• Assist in evaluating GAAP and/or IFRS rules to determine impact of new regulations on BNY Mellon fund accounting practices.

Qualifications

• Bachelor’s degree in accounting or the equivalent combination of education and experience is required.
• 5-7 years of total work experience preferred.
• Prior exposure to Hedge Funds, Private Equity, or Real Estate Fund Accounting
• Prior experience with Investran, Advent Geneva highly desirable

Compensation and Benefits

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.

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.