Vice President, Fund/Client Accounting Manager II

The Bank of New York Mellon
Jun 24, 2024
Jul 04, 2024
Work Mode
Full Time
Organization Type
At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world's financial system we touch nearly 20% of the world's investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere.

We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what #LifeAtBNY is all about.

We're seeking a future team member for the role of Vice President to join our Fund Reporting team.

Fund Reporting is responsible for preparing statutory annual, and regulatory quarterly and/or interim financial statements as required and Schedule of Investments. The financial statements are prepared using the relevant GAAP which is based on the domicile of the fund, and which may be, IFRS, Irish, Jersey, Luxembourg US or UK. Funds may be domiciled in the Cayman Islands, Ireland, Jersey, Luxembourg, the US or the UK. The incumbent will be responsible for leading highly qualified and energetic team of US/EMEA Financial Reporting Line of Business.

In this role, you'll make an impact in the following ways:
  • Providing oversight, prepare and review financial statements, set priorities for multiple teams responsible for preparing and reviewing financial reports on behalf of assigned clients and funds.
  • Ensure Financial Reporting meets corporate and any applicable regulatory standards. Reviews changes in accounting disclosure standards to direct process changes needed to ensure compliance.
  • Provides oversight and guidance in setting the processes that check for the completeness and accuracy of disclosure in financial statements.
  • Resolves complex escalated issues from team members. Oversees relationships with senior-level auditors and clients to ensure financial reporting meets their expectations and accurately depicts fund performance.
  • Communicates complex or difficult concepts. Recruits, directs, motivates and develops staff, maximizing their individual contribution, their professional growth and their ability to function effectively with their colleagues as a team.
  • Maintain knowledge of the RR Donnelley's FundSuite ARC financial reporting platforms, Confluence Unity, Bloomberg, and other necessary financial reporting systems.
  • Manages a Fund Reporting area. Work is primarily accomplished through subordinate managers. Responsible for the achievement of the goals of a financial reporting area, talent management and supervision of teams.

To be successful in this role, we're seeking the following:
  • Very good understanding of Asset Management/Asset Servicing Industry. Sound knowledge of U.K/ US GAAP/IFRS and regulatory compliance including Securities and Exchange commission (SEC) or Financial Conduct Authority (FCA), or Central Bank of Ireland (CBI), or AIFMD, and EDGAR rules is required.
  • Qualified CA, CPA, CFA, ACCA, MBA Finance, Masters/ Bachelor's degree in Commerce.
  • 10+ years of total work experience with at least 3-4 years of management experience.

At BNY, our culture speaks for itself. Here's a few of our awards:
  • America's Most Innovative Companies, Fortune, 2024
  • World's Most Admired Companies, Fortune 2024
  • Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024
  • Best Places to Work for Disability Inclusion, Disability: IN - 100% score, 2023-2024
  • "Most Just Companies", Just Capital and CNBC, 2024
  • Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024
  • Bloomberg's Gender Equality Index (GEI), 2023

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 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.