Accountant IV - FX Product Controller

Bank of New York Mellon   •  

New York, NY

Industry: Financial Services

  •  

5 - 7 years

Posted 370 days ago

Job Description

The Accountant IV role will assist with the accounting oversight and product control functions related to BNYM’s F/X trading activities.  Specific responsibilities will include preparation and reconciliation of daily profit and loss reports, P&L attribution, independent price validation and regulatory reporting data.  Knowledge of Volcker and Basel regulatory requirements is preferred. The Accountant IV is accountable to deliver through effective, efficient Sarbanes-Oxley, regulatory compliant finance processes, in accordance with local and consolidated GAAP, useable, accurate and timely financial information from the point of transaction through to financial close and external reporting period (month, quarter, and annual). The individual in this role may be called upon to support a particular line of business, region, or accounting process, as assigned for any accounting processes from the point of transaction through to the close, consolidation, and financialreporting of business outcomes for enterprise BNYM. S/he provides support for a wide range of end to end Record to Report (R2R) accounting processes and general ledgerevents required to transform data into information for reporting purposes. This includes: processing of complex financial transactions; identifying and analyzing exceptions; and providing support for a wide range of R2R activities such as audits, the fulfillment of ad hoc requests, and special project activities. S/he prepares and/or posts journal entries for complex general ledger accounts; and reconciles g/l activity to ensure that the trial balance includes expected transactions and reflects the correct balances. S/he supports more complex recurring and one time transactions, such as accruals, intercompany, and adjusting transactions in addition to performing more advanced and complex reconciliations of accounts or financial data. S/he will participate in more complex accounting activities, documenting the detailed processes agreed, documenting the means to perform the more complex reconciliations, accruals, and allocations, taking the technical accounting guidance from the Technical Accounting team and applying it to one time events, or new recurring transactions, supporting ERP and other R2R support tool implementation activities, and any other support requested to develop and sustain common end-state financial and accounting processes in support of their direct supervisor and the global process owners End to End (E2E) General Process Owners (GPOs), Functional Process Owners (FPOs), and Discrete Process Owners (DPOs). This includes global, regional, and country specific R2R processes.

Qualifications

Minimum Education: Bachelor s degree, preferably in accounting or finance; or equivalent work experience. Minimum Experience: 5+ years of relevant work experience in accounting or finance. PreferredExperience: 2-5 years accounting experience in financial services preferred (public accounting experience in US), Experience with accounting applications such as PeopleSoft, Wall Street Systems and Murex; Product control experience related to FX trading activities.3-5 years experience working the full accounting cycle from transaction through consolidation and close to financialreporting. Experience with accounting applications such as PeopleSoft. Experience with direct customer contact, answering business inquiries. Minimum Language Skills: Strong written and oral communications skills in English.   #LI-JF1
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.


Internal Jobcode: 32219
Job: Finance/Accounting
Organization: Finance-HR06599
Requisition Number: 1712975