Senior Associate, Accounting

Employer
0310435-Fund Accounting Brooklyn
Location
Chennai
Posted
Jan 17, 2025
Closes
Jan 28, 2025
Ref
5014272565
Certification
CMA: Preferred
Work Mode
Hybrid
Hours
Full Time
Organization Type
Corporate
Description

Senior Associate, Accounting

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 Senior Associate to join our General Accounting team. This role is located in Pune, MH/ Chennai, TN - HYBRID.

In this role, you’ll make an impact in the following ways:
  • Supports a standard legal entity, line of business, country, region, or accounting process, as assigned.
  • Contributes to the completion of numerous activities from start to close, including consolidations and financial reporting of business outcomes to deliver useable, accurate and timely financial information for the desired period (monthly, quarterly, or annually). May complete other assignments, as needed, including standard accounting activities.
  • Assists with end-to-end accounting processes and research required to transform data into information for reporting purposes. Activities may include processing standard general ledger events and transactions, assisting with continuous improvement activities such as the identification and analysis of exceptions, providing support for audits and completing assigned tasks to support the maintenance of the control environment.
  • May complete special project activities, as assigned. Contributes to the completion of journal entries. With guidance, performs reconciliations of general ledger accounts or other financial data. Identifies and escalates issues, as needed. May review journal entries and/or reconciliations completed by less experienced professionals.
  • Participates in assignments across lines of business, legal entities and geographies that have an impact on internal reporting, accounting, and accounting processes. Comprehending the Agreement/Statement of Works and determine the accounting based on that is much required.
  • Strong Knowledge in Lease Accounting is highly expected and ability to walk through the process/accounting with Onshore is mandatorily required. Deep level understanding of process and identify the potential Automation ideas is required.
  • Assignments may include contributing to the implementation of new or revised reporting, accounting, and accounting process policies, procedures and reporting templates to provide effective financial planning, accounting and reporting of financial information. Contributes to the identification and reporting of risks, patterns, or recurring issues.

To be successful in this role, we’re seeking the following:
  • PG MBA-Finance/ M. com/ (Semi qualified - CMA / CA) / B. Com with 8-12 years of experience preferred in R2R, GL, Balance sheet reconciliation, Lease Accounting.
  • Knowledge of GAAP and accounting and finance concepts and analysis techniques preferred. Experience designing financial models and accounting processes preferred.
  • No direct reports. Contributes to the achievement of the assigned line of business, country, region, or accounting process' objectives. Modified based upon local regulations/requirements.

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.