Accountant - Fund Operations (Private Equity)

BNY Mellon

$70K — $95K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in accounting or equivalent experience
  • 2+ years of work experience in fund accounting preferred
  • Capable of guiding junior staff
  • Possible team management responsibilities in select locations

Responsibilities

  • Conduct accounting services for clients and funds
  • Perform complex fund and client accounting tasks
  • Review work and provide mentorship to junior team members
  • Oversee cash and asset reconciliations for complex accounts
  • Draft client reports on fund performance
  • Interact with clients to address inquiries and issues
  • Evaluate GAAP and IFRS rules for regulatory impacts

Benefits

  • 401(k) plan participation
  • Company-sponsored medical, dental, vision, and basic life insurance
  • Various paid time off benefits including vacation and sick time
  • Potential eligibility for an annual discretionary incentive award
Full Job Description
We're seeking a future team member for the role of Associate to join our private equity team. The position is located in Lake Mary, Florida (4days in office expectation). In this role, you'll make an impact in the following ways: • 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 Mellon fund accounting practices. To be successful in this role, we're seeking the following: • Bachelor's degree in accounting or the equivalent combination of education and experience. • 2+ years of total work experience preferred. • Ability to provide guidance to less experienced team members. • May have people management responsibilities in some geographies. BNY assesses market data to ensure a competitive compensation package for our employees. The expected base salary for this position when employment commences can be found in the Job Info section at the bottom of the posting. Base salary offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. Base salary is only part of the total rewards package, which may include eligibility for an annual discretionary incentive award. Subject to the terms and conditions of the applicable plans then in effect, eligible employees may enroll in a 401(k) plan as well as participate in Company-sponsored medical, dental, vision, and basic life insurance plans for the employee and the employee's eligible dependents. Eligible employees also may receive other benefits (including various paid time off benefits, such as vacation and sick time), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment. If hired, the employee will be in an "at will" position and the Company reserves the right to modify base salary (as well as any other discretionary payments or compensation programs) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.

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