Specialist - Fund Operations, Private Equity

BNY; New York (NY); On-site; USD 52,000 - 100,000; Full time

Benefits offered by this job

401(k) plan

Health insurance

Paid time off

Paid volunteer time

Job summary

BNY is seeking an Associate for the Private Equity Team based in New York, NY. This role requires conducting various accounting services for clients and complex funds. Candidates should have a Bachelor's degree in accounting and 5–7 years of experience.

The position offers a salary range of $52,000 to $100,000 annually, along with discretionary bonuses and company-sponsored benefits including health insurance and a 401(k) plan.

Qualifications

• 5–7 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 clients and funds.
• Perform complex Fund/Client Accounting responsibilities.
• Guide and review work for cash and asset reconciliations.

Skills

Client interaction

Fund accounting

Guidance to team members

Education

Bachelor's degree in accounting

Job description

Position

Associate – Private Equity Team, located in New York, NY. 4 days in office expectation.

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 driving Service Improvement plans, targeting efficiencies, enhancing processes, and specialist review functions.
• Provide input into methodologies and review the work of more junior team members.
• Guide and review work related to cash and asset reconciliations for complex accounts or transactions, resolving reconciliation issues for atypical transactions.
• Draft and review reports for clients regarding 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/or IFRS rules to determine the impact of new regulations on BNY fund accounting practices.

Qualifications

• Bachelor’s degree in accounting or equivalent combination of education and experience.
• 5–7 years of total work experience preferred.
• Ability to provide guidance to less experienced team members.
• May have people‑management responsibilities in some geographies.

Compensation and Benefits

Base salary range is $52,000 to $100,000 per year, commensurate with experience and market location. Compensation may also include discretionary bonuses, incentive plans, and company‑sponsored benefits such as a 401(k) plan, health, dental, vision, life insurance, paid time off, and paid volunteer time.

Equal Employment Opportunity Statement

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