BNY Mellon Careers

Lead Analyst,Fund/Client Accounting- Financial Reporting

Everett, Massachusetts

Job Description

Fund/Client Accounting - IC3 Conducts accounting services on behalf of assigned clients and moderately complex funds including determining net asset values, calculating fund performance, allocating expenses and preparing reports. Performs complex Fund/Client Accounting responsibilities in the areas of driving Service Improvement plans, targeting efficiencies, enhancing processes and specialist review functions. Provides input into methodologies and checks the work of more junior team members. Provides guidance and reviews work related to cash and asset reconciliations relating to complex accounts or transactions. Resolves reconciliation of accounts for more complex or atypical transactions and reviews work of junior team members. Drafts reports for clients regarding the performance of complex funds. Reviews draft reports completed by more junior staff. Regularly interacts with clients in answering questions and resolving issues regarding fund reports and accounting processes. Assists in evaluating GAAP and/or IFRS rules to determine impact of new regulations on BNY Mellon fund accounting practices. No direct reports. Provides guidance to less experienced team members. May have people management responsibilities in some geographies. Contributes to the achievement of related teams objectives.


Bachelors degree in accounting or the equivalent combination of education and experience is required. 5-7 years of total work experience preferred. Big 4 accounting firm experience preferred.

Primary responsibilities include assisting the team with assigned deliverables related to servicing hedge funds, private equity funds, and investment partnership clients with a variety of investment strategies and fund structures.  The job specification requires complex financial reporting for various types of fund structures and consolidations, which have heavy exposure to derivatives and side pockets.  Other responsibilities include preparing, reviewing and analyzing U.S. GAAP financial statements for clients, researching FASB accounting pronouncements and other various U.S. GAAP rules, assisting and coordination of annual audits, and handling of special projects as assigned. Daily interaction with  internal and external key contributors, providing support and guidance regarding the overall financial statement preparation process.  Advanced proficiency in both Microsoft Excel and Word is strongly preferred.

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: 70508
Job: Finance/Accounting
Organization: AIS Operations-HR08997
Requisition Number: 1906846