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21 Oct 2022

Full-Time Senior Fund Accountant – Posted by Everett, Massachusetts, United States

Job Description

Job Description

Team Description

Hedge Fund Accounting Groups are specialized teams within the Alternative Investment Services Division of Bank of New York Mellon focused on providing fund administration services to our Hedge and Fund of Fund clients. We operate from Hong Kong, India, Poland, Ireland and the United States.

In the US, the team operates from Everett, MA, Wilmington, DE, and Orlando, FL.

Group Impact

You will join a work environment and work with the smartest people and clients in business who make money. There is an array of products that mitigate risk and generate return – you will learn how asset managers operate and you will become an expert in a booming industry. There is growth opportunity to learn new products in the market and improve your skillset. Help our clients with back-office services, so they can spend more time focused on front-office activities.

Key Benefits for you:

  • Flexible, hybrid working arrangements (2 days in office each week)
  • Competitive wages
  • Career growth and development opportunities
  • 401k company match
  • Paid parental leave
  • paid covid-19 sick leave, caregiver leave and more!

Role Responsibilities:

  • Conducts 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 complex Fund/Client Accounting responsibilities in the areas of driving Service Improvement plans, targeting efficiencies, enhancing processes and specialist review functions.
  • Provides input into methodologies and checks the work of more junior team members.
  • Provides guidance and reviews work related to cash and asset reconciliations relating to complex accounts or transactions.
  • Resolves reconciliation of accounts for more complex or atypical transactions and reviews work of junior team members.
  • Drafts reports for clients regarding the performance of complex funds.
  • Reviews draft reports completed by more junior staff.
  • Regularly interacts with clients in answering questions and resolving issues regarding fund reports and accounting processes.
  • Assists in evaluating GAAP and/or IFRS rules to determine impact of new regulations on BNY Mellon fund accounting practices.

Preferred Knowledge, Skills and Experience:

  • Bachelor’s Degree or equivalent related experience;
  • Bachelor’s Degree in Accounting or Finance is preferable.
  • The successful candidate needs to be enthusiastic, attentive to detail, flexible and have the drive to be successful while working in a dynamic and challenging environment.
  • Escalate potential risks to both peers and senior management.
  • Ability to prioritize, multi-task and work under time pressure.
  • Proficiency with Microsoft Office with a working knowledge of Excel.
  • Systems proficiency in Advent Geneva and / or FIS Investran is a plus.
  • Focused on consistently achieving both team and company goals
  • Ability to learn quickly and take responsibility for own learning and development.
  • Focused attitude to work, excellent individual and team player and an ability to consistently meet deadlines.
  • Great written and verbal communication skills.
  • Continuous improvement mindset.
  • Friendly and approachable.

5-10 years of total work experience preferred.

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.

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals with Disabilities/Protected Veterans.


About Us

For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments & safeguards nearly one-fifth of the world’s financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It’s the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark:

How to Apply

Job Categories: Equal Opportunities. Job Types: Full-Time. Salaries: Not Disclosed.

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