Specialist, Fund/Client Accounting II

BNY; Boston (MA); On-site; USD 85,000 - 110,000; Full time

Job summary

BNY Mellon is seeking a Fund/Client Accounting IC2 to deliver accounting services for assigned clients and moderately complex funds. You will determine net asset values, calculate fund performance, allocate expenses, and prepare client reports.

The role includes guiding junior staff and supporting service improvements within the team. Ideal candidates have a Bachelor's in accounting, 3-5 years total work experience, and preferably Big 4 background.

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 Fund/Client Accounting for assigned clients and moderately complex funds, including NAV determination, fund performance calculation, expense allocation and report preparation.
• Review the work of more junior team members and ensure accuracy of reports for clients.
• Perform cash and asset reconciliations and allocate expenses for complex transactions.
• Escalate atypical transactions to senior team members and draft client reports on fund performance.

Education

Bachelor's degree in accounting

Job description

Job Description

"Fund/Client Accounting - IC2Conducts accounting services on behalf of assigned clients and moderately complex funds including determining net asset values, calculating fund performance, allocating expenses and preparing reports.Performs Fund/Client Accounting responsibilities in the areas of driving Service Improvement plans, targeting efficiencies, enhancing processes and specialist review functions. Checks the work of more junior team members.Responsible for cash and asset reconciliations related to more intricate accounts or transactions within assigned funds. Performs reconciliation of account expenses for more complex transactions and ensures they are allocated appropriately. Escalates atypical transactions to senior team members.Drafts reports for clients regarding the performance of funds. May reviews first draft reports completed by more junior staff. Interacts with clients in answering questions regarding fund reports and accounting processes.No direct reports but may provide guidance to less experienced team members. May have people management responsibilities in some geographies. Contributes to the achievement of team objectives.Bachelors 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..BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer.Minorities/Females/Individuals with Disabilities/Protected Veterans.Our ambition is to build the best global team ? one that is representative and inclusive of the diverse talent, clients and communities we work with and serve ? and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums."

"Fund/Client Accounting - IC2Conducts accounting services on behalf of assigned clients and moderately complex funds including determining net asset values, calculating fund performance, allocating expenses and preparing reports.Performs Fund/Client Accounting responsibilities in the areas of driving Service Improvement plans, targeting efficiencies, enhancing processes and specialist review functions. Checks the work of more junior team members.Responsible for cash and asset reconciliations related to more intricate accounts or transactions within assigned funds. Performs reconciliation of account expenses for more complex transactions and ensures they are allocated appropriately. Escalates atypical transactions to senior team members.Drafts reports for clients regarding the performance of funds. May reviews first draft reports completed by more junior staff. Interacts with clients in answering questions regarding fund reports and accounting processes.No direct reports but may provide guidance to less experienced team members. May have people management responsibilities in some geographies. Contributes to the achievement of team objectives.Bachelors 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..BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer.Minorities/Females/Individuals with Disabilities/Protected Veterans.Our ambition is to build the best global team ? one that is representative and inclusive of the diverse talent, clients and communities we work with and serve ? and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums."

About Us

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

About The Team

At BNY, our culture speaks for itself, check out the latest BNY news at BNY Newsroom & BNY LinkedIn

Here’s a Few Of Our Recent Awards

• America’s Most Innovative Companies, Fortune, 2025
• World’s Most Admired Companies, Fortune 2025
• “Most Just Companies", Just Capital and CNBC, 2025

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 expected base salary for this position when employment commences can be found in the Job Info section at the bottom of the posting. Base salary offered may vary depending on multiple individualized factors, including market location, job‑related knowledge, skills, and experience. Base salary is only part of the total rewards package, which may include eligibility for an annual discretionary incentive award. Subject to the terms and conditions of the applicable plans then in effect, eligible employees may enroll in a 401(k) plan as well as participate in Company‑sponsored medical, dental, vision, and basic life insurance plans for the employee and the employee’s eligible dependents. Eligible employees also may receive other benefits (including various paid time off benefits, such as vacation and sick time), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment. If hired, the employee will be in an “at will” position and the Company reserves the right to modify base salary (as well as any other discretionary payments or compensation programs) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.