Senior Vice President, Private Equity Fund Accounting at BNY

New York, New York, United States -

Full Time

Start Date

Immediate

Expiry Date

08 Oct, 26

Salary

205000.0

Posted On

10 Jul, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Fund Accounting, Net Asset Value (NAV) Calculation, Financial Reporting, GAAP, IFRS, Team Management, Client Relationship Management, Audit Oversight, Resource Allocation, Financial Statement Disclosure

Industry

Financial Services

Description

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 and champions of inclusion, 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 Senior Vice President,to join our Private Equity team.. This role is located in New York (4 day in office expectation). In this role, you’ll make an impact in the following ways: * Direct multiple Fund Accounting teams responsible for conducting accounting services on behalf of a broad array 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. * Oversee processes and resource allocation in determining the net asset value (NAV) for assigned funds in multiple sectors for each measurement cycle. * Manage relationships with a broad set of clients, resolving unique escalated issues related to fund calculations and accounting. * Direct and prioritize processes that verify the completeness and accuracy of disclosure in financial statements. * Provide guidance to teams to ensure accounting records comply with departmental policies and procedures and resolve complex escalated issues. * Evaluate GAAP and/or IFRS rules to determine the impact of new regulations on BNY Mellon fund accounting practices and develop strategies for implementation. * Implement and assist in setting guidelines, policies, and priorities for drafting financial reports for clients to review fund performance and communicate complex accounting intricacies. * Recruit, direct, motivate, and develop staff to maximize individual contributions, professional growth, and effective teamwork. * Oversee relationships with auditors and clients to update financial reports ensuring accurate depiction of fund performance. * Manage multiple Fund/Client Accounting teams primarily through subordinate managers and contribute to the achievement of multiple team objectives. 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 with at least 1-3 years in management preferred. * Experience at a Big 4 accounting firm preferred. At BNY, our culture speaks for itself, check out the latest BNY news at: BNY Newsroom [https://www.bny.com/corporate/global/en/about-us/newsroom.html] BNY LinkedIn [https://www.linkedin.com/company/bnyglobal/posts/?feedView=all] Here’s a few of our recent awards: America’s Most Innovative Companies, Fortune, 2025 World’s Most Admired Companies, Fortune 2025 “Most Just Companies”, Just Capital and CNBC, 2025 Our Benefits and Rewards: BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life’s journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter. BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans. BNY assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $102,000 and $205,000 per year at the commencement of employment. However, base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNY total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, short and long-term incentive packages, and Company-sponsored benefit programs. This position is at-will and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation) at any time, including for reasons related to individual performance, change in geographic location, Company or individual department/team performance, and market factors.

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Responsibilities

Direct multiple fund accounting teams to provide accounting services, determine net asset values, and prepare financial reports for private equity clients. Manage human and financial resources while ensuring compliance with GAAP/IFRS regulations and maintaining strong client and auditor relationships.