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BNY

Safeguards and moves assets for investors

Senior Vice President - Hedge Fund Accounting Manager

Financial AccountingConfirmed live in the last 24 hours
Full-timeLake Mary, FL, USA$104k - $190kIn-person

About the Job

Requirements

  • A bachelor's degree in accounting, or an equivalent combination of education and experience, is required.
  • Five to seven years of total work experience is required.

Responsibilities

  • Direct multiple Fund Accounting teams responsible for conducting accounting services on behalf of assigned clients, including determining net asset values, calculating fund performance, allocating expenses, and preparing reports.
  • Manage financial and human resources for the unit, ensuring assigned teams operate effectively to meet unit goals and objectives.
  • Direct processes and allocation of resources in determining net asset values for assigned funds in multiple sectors for each measurement cycle.
  • Manage relationships with clients and resolve unique escalated issues related to fund calculations and accounting.
  • Set priorities for processes that check financial statements for completeness and accuracy of disclosure, and guide teams in maintaining accounting records according to departmental policies and procedures.
  • Evaluate GAAP and/or IFRS rules to determine the impact of new regulations on fund accounting practices and develop implementation strategies.
  • Implement and help set guidelines, policies, and priorities for drafting financial reports for clients to review fund performance and understand complex accounting details.
  • Recruit, direct, motivate, and develop staff to maximize individual contributions, professional growth, and effective teamwork.
  • Oversee relationships with auditors and clients to ensure financial reports accurately depict fund performance.
  • Manage multiple Fund/Client Accounting teams primarily through subordinate managers and contribute to the achievement of multiple teams’ objectives.

Desired Qualifications

  • One to three years of management experience is preferred.
  • Experience at a Big Four accounting firm is preferred.

About the Company

BNY

Safeguards and moves assets for investors

BNY safeguards financial assets and runs investment services for institutions, investment firms and wealthy clients around the world. Its custody business keeps clients' securities safe and handles the records and transactions needed to administer investment funds. Banks and brokers use its systems to settle trades, manage collateral and send payments, while its investment and wealth businesses manage portfolios and advise clients. It earns servicing and management fees as well as interest on loans and securities funded by client deposits. BNY traces its roots to the Bank of New York, founded by Alexander Hamilton in 1784, and is headquartered in New York City.

Company size
10,001+
Company stage
IPO
Headquarters
New York City, New York
Founded
1784

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