Job DescriptionWe're seeking a future team member for the role of Director to join our Fund Accounting team. This role location in Boston, MA ( 4 days in office expectation per week).
In this role, you'll make an impact in the following ways:- Direct a Fund Accounting area consisting of multiple teams responsible for accounting services including determining net asset values, calculating fund performance, allocating expenses, and preparing reports.
- Manage financial and human resources for the unit, ensuring teams operate effectively to meet goals and objectives.
- Execute business plans, contribute to functional strategy development, and set guidelines for determining net asset value (NAV) across various sectors.
- Oversee client relationship management, ensuring service levels meet client needs, resolving issues, and participating in sales efforts including RFP and RFI preparation.
- Provide oversight and guidance on financial statement disclosures, resolve complex escalated issues, and lead analysis of GAAP and IFRS rules to ensure regulatory compliance.
- Develop policies and set priorities for drafting financial reports, communicate complex accounting details to clients, and manage relationships with senior auditors and clients.
- Recruit, direct, motivate, and develop staff to maximize individual and team performance.
- Manage multiple Fund/Client Accounting teams primarily through subordinate managers and contribute to achieving team objectives.
To be successful in this role, we're seeking the following:- Bachelor's degree in accounting or equivalent combination of education and experience.
- 7-10 years of total work experience with at least 3-5 years in management preferred.
- Experience at a Big 4 accounting firm preferred.
BNY assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $130,000 and $250,000 per year at the commencement of employment. However, base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNY total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, short and long-term incentive packages, and Company-sponsored benefit programs.
This position is at-will and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation) at any time, including for reasons related to individual performance, change in geographic location, Company or individual department/team performance, and market factors.
About the TeamBNY 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.
