Vice President, Accounting I

Employer
The Bank of New York Mellon
Location
India
Posted
May 06, 2024
Closes
May 19, 2024
Ref
4657551102
Level
Executive
Certification
Other
Work Mode
Hybrid
Hours
Full Time
Organization Type
Corporate
Bring your ideas. Make history.

BNY Mellon offers an exciting array of future-forward careers at the intersection of business, finance, and technology. We are one of the world's top asset management and banking firms that manages trillions of dollars in assets, custody and/or administration. Known as the "bank of banks" - 97% of the world's top banks work with us as we lead and serve our customers into the new era of digital.

With over 238 years of rich history and industry firsts, BNY Mellon has been built upon our proven ability to evolve, lead, and drive new ideas at every turn. Today, we're approximately 50,000 employees across 35 countries with a culture that empowers you to grow, take risks, experiment and be yourself. This is what #LifeAtBNYMellon is all about.

We're seeking a future team member for the role of Vice President I to join our R2R General Accounting team. This role is located in Pune, MH - HYBRID.

In this role, you'll make an impact in the following ways:
  • Month end closing of Books of accounts / working on various Sub-ledgers / Accounting Knowledge / Balance sheet Reconciliation & Reporting activities
  • Past experience in effectively managing groups of at least 10 (including analyst and team leads )
  • Excellent knowledge and expertise in month end close, Accrual & Prepaid, variance analysis, FX Calculations.
  • Strong knowledge and expertise in review of journal entries including substantiation of supporting documentation, usage of affiliates for IC transactions and general ledger balance sheet account reconciliations (High Complexity)
  • Proactively work with the onshore teams and support the team for timely clearance, resolution of reconciliation variance & aged outstanding items.
  • Expertise in Risk Management and Risk Control and Self-Assessment (RCSA)
  • Should have experience in identifying systems and staff requirements in BCP situation
  • Ability to identify and review critical activities on a periodic basis

To be successful in this role, we're seeking the following:
  • 10 + Year experience in Record to Report (R2R - General Accounting)
  • Qualification - M.Com/ MBA/CWA-Inter/ CA-Inter with 10+ or more years of post-qualification
  • Past experience in effectively managing groups of at least 10 including analyst, team leads.
  • Strong finance and accounting skills.
  • Strong problem-solving skills.
  • Good Written and verbal communication skills
  • He / She Should have experience in Client handling (preferably Overseas Clients)
  • Good knowledge about Segregation of Duties' (SOD).
  • Continues process improvements on current process designs as a part of transformation agenda.
  • Should have been part of transition or should have managed transition for team
  • Preferable He / She are having experience in Banking, Financial Services and Insurance (BFSI), Investment Management and, Investment services.
  • Multi-tasking and working under tight deadlines is mandatory

At BNY Mellon, our inclusive culture speaks for itself. Here's a few of our awards:
  • Fortune World's Most Admired Companies & Top 20 for Diversity and Inclusion
  • Bloomberg's Gender Equality Index (GEI)
  • Human Rights Campaign Foundation, 100% score Corporate Equality Index
  • Best Places to Work for Disability Inclusion, Disability: IN - 100% score
  • 100 Best Workplaces for Innovators, Fast Company
  • CDP's Climate Change 'A List'

Our Benefits:

BNY Mellon 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 that can support you and your family through moments that matter. BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.

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.