About this role
At BNY, our culture allows us to run our company better and enables employees’ growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world’s investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide. Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance – and this is what #LifeAtBNY is all about. Join us and be part of something extraordinary. We’re seeking a future team member for the role of Associate to join Private Equity Team. This role is located in New York, NY ( 4 days 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 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. • 5-7 years of total work experience preferred. • Ability to provide guidance to less experienced team members. • May have people management responsibilities in some geographies.