Accounting & Reporting Specialist, Client Accounting & Reporting Services (CARS)
Client Accounting and Reporting Services (CARS) is a client-facing group responsible for the processing and support of complete, accurate, and timely valuation and financial statements for institutional clients. Our associates support a mix of large and complex client relationships that include daily, weekly, and monthly valued accounts. We have daily contact with clients and assist them with all of their standard and customized accounting and reporting needs, as well as supporting ad-hoc requests and projects. Since we are responsible for the ultimate reporting to the client, we interact with, and must understand the roles and functions of, many other support groups within BNY Mellon Asset Servicing. We provide extensive support of our online information delivery tools and work closely with clients’ agents (e.g. consultants, auditors) to ensure they are receiving timely and accurate information. We also support our clients’ trading and cash investment processes. Within CARS, our associates work on teams with hours ranging from 8:30-5:00 for monthly valuation to 10:00-6:30 for daily valuation.
The incumbent is responsible for the processing and support of complete, accurate, and timely valuation and financial statements for daily and monthly valued clients as well as the resolution of any problems that arise during the normal daily, weekly, or monthly valuation processes, and the communication of this information to all interested parties. S/He will be supporting a mix of large complex institutional client relationships requiring the understanding of all daily, weekly, and monthly standard and customized client accounting and reporting requirements. S/He will have frequent/daily contact with entry/mid level client staff with respect to cash, accounting, and reporting of daily and monthly client activities and initiatives. S/He will need to be able to answer all client processing, accounting, and reporting questions, either directly or through research with other functional areas, which require a solid understand of all functional groups that support CARS. S/He will provide professional support to clients and investment managers through timely and accurate trade settlements and the full investment of cash balances while minimizing risk.
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: bnymellon.com/careers.
Client Service Delivery (CSD) brings together BNY Mellon's key operational areas into one global team to better support the company's businesses and serve clients around the world. CSD helps clients to conduct business, service assets, and engage in transactions in 35 countries and more than 100 markets. At every stage of the investments lifecycle - creating, trading, clearing, settling, holding, servicing, managing, distributing and restructuring assets - CSD is working to make BNY Mellon the recognized industry service quality and productivity leader. Client Service Delivery manages investment monitoring, measurement and processing services for our clients. Our solutions include Securities Operations, Fund Administration, Transfer Agency, Outsourcing, Performance Measurement and other related services.
BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer.
Minorities/Females/Individuals With Disabilities/Protected Veterans.
Primary Location: United States-Massachusetts-Everett
Internal Jobcode: PAS05
Job: Asset Servicing
Organization: Deleted Nodes-HR00000
Requisition Number: 1503955