Senior Specialist, Accounting

Job Description

The Senior Specialist, Accounting will report to the Head of Legal Entity Control and Accounting of the BNY Mellon SANV and is required to understand the business and related accounting flows of the entity, maintaining the control environment (including reconciliations) and providing high quality reporting to the stakeholders.

S/he is responsible for providing in depth accounting and regulatory expertise (both local and consolidated) to ensure the general ledger account balances and trial balances for their assigned legal entity are complete, accurate and reflect the correct application of the relevant accounting.  If applicable, s/he will maintain relationships with the LE board of directors and regulators to assure their questions are answered and needs are met. S/he will also provide insight as required in periodic presentations to the LE board.

The main responsibilities will be:

1. Utilize more advanced finance and accounting experience to ensure proper accounting treatment, in accordance with US GAAP, IFRS and BE GAAP is applied to all transactions and accompanying balances for the BNY Mellon SANV Responsibilities include, but are not limited to:

  • Review and/or approve journal entries and inter-company transactions

  • Initiate journal entries for non-recurring one time business related transactions as required.

  • Review recurring, accrual and reversing journal entries

  • Review work paper support for general ledger entries

  • Review corporate allocations

  • Review period close activities

  • Review trial balances, variance analyses as required

  • Ownership of the reconciliations

  • Monitor complex data and information errors

  • Provide audit (SOX, Internal and External) support specific to their assigned Legal Entity

  • Review and provide detail support and analyses for internal files and external audit review

  • Provide quality assurance support to the Legal Entity Board and associated regulators

  • Coordinate with the tax department to ensure proper tax entries are booked accurately and timely

  • Working with Group  Tax ensure that the Belgian Tax declarations are done in time and in line with local law; ensure appropriate documentation is in place for Tax Inspections;

  • Ensure all entities are properly consolidated on a timely basis

  • Review allocation processes on a monthly basis and ensuring expenses are booked to the proper management companies/advisor entities, and that the charges comply with local legal and administrative requirements

  • Reviewing and presenting internal management reporting related to management entities

  • Escalation of issues in an appropriate and timely manner to management in accordance with policy

2. As an individual contributor and team member, provide legal entity oversight and guidance for general accounting and control activities, as requested; including, but not limited to:

  • General Accounting
  • Implementation of GAAP/CAP changes (US GAAP, IFRS, BE GAAP)

  • Close and Consolidations

  • Fixed Assets, Capital Project Accounting

  • Inter-Company, Allocations

  • Chart of Accounts Management

  • Control environment and reconciliations

  • SOX Compliance, Internal Control

3. Participate in training and professional development activities to continue to develop Finance capabilities and professional expertise. Perform ad hoc and special projects assignments, as required. Understand, participate, and comply with standard demand management and service management processes associated with their assigned legal entity. As a customer of the Finance shared service centers and supplier of legal entity specific work effort, review and sustain mutual service agreement (MSA) delivery standards and deliver to commitments on a period, quarterly and annual basis.


    • Qualified Accountant/University Degree
    • At least 5 years of experience in Finance, experience in the financial sector or in  one of the big 4 auditing companies is considered a plus
    • Strong accounting experience in a complex global environment with relevant controllership experience in the banking business (eg. Asset Management, Banking, etc) and demonstrated exposure in accounts preparation with a working knowledge of IFRS/US Gaap/BEGAAP
    • Experience with Belgian CIT and VAT declarations
    • Excellent IT skills including intermediate to advanced MS Excel

    • Job specific competencies :

      • Change Management skills
      • Excellent interpersonal and communication skills

      • Fluent in English and French

      • Excellent time management and organisation skills, as well as the ability to deliver against tight timelines

      • Excellent analytical skills and eye for detail

      • Ability to build effective working relationships with the business managers

    BNY Mellon is an Equal Employment Opportunity Employer.

    Primary Location: Belgium-Brussels-Capital Region-
    Job: Finance/Accounting
    Internal Jobcode: 85085
    Organization: Finance-HR06599
    Requisition Number: 1904771