Specialist, Fund/Client Accounting I at BNY

New York, New York, United States -

Full Time

Start Date

Immediate

Expiry Date

17 Sep, 26

Salary

65000.0

Posted On

19 Jun, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Fund Accounting, Client Accounting, Net Asset Value Calculation, Fund Performance Calculation, Expense Allocation, Cash Reconciliation, Asset Reconciliation, GAAP, IFRS, Financial Reporting, Private Equity Accounting, Process Improvement, People Management, Reviewing Financial Work, Client Relationship Management

Industry

Financial Services

Description

We’re seeking a future team member for the role of Associate to join Private Equity Team. This role is located in New York, NY ( 4 days in office expectation). In this role, you’ll make an impact in the following ways: * Conduct accounting services on behalf of assigned clients and moderately complex funds including determining net asset values, calculating fund performance, allocating expenses, and preparing reports. * Perform complex Fund/Client Accounting responsibilities in driving Service Improvement plans, targeting efficiencies, enhancing processes, and specialist review functions. * Provide input into methodologies and review the work of more junior team members. * Guide and review work related to cash and asset reconciliations for complex accounts or transactions, resolving reconciliation issues for atypical transactions. * Draft and review reports for clients regarding the performance of complex funds. * Regularly interact with clients to answer questions and resolve issues regarding fund reports and accounting processes. * Assist in evaluating GAAP and/or IFRS rules to determine the impact of new regulations on BNY fund accounting practices. 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 preferred. * Ability to provide guidance to less experienced team members. * May have people management responsibilities in some geographies. 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, 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. 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 expected base salary for this position when employment commences can be found in the Job Info section at the bottom of the posting. Base salary offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. Base salary is only part of the total rewards package, which may include eligibility for an annual discretionary incentive award. Subject to the terms and conditions of the applicable plans then in effect, eligible employees may enroll in a 401(k) plan as well as participate in Company-sponsored medical, dental, vision, and basic life insurance plans for the employee and the employee’s eligible dependents. Eligible employees also may receive other benefits (including various paid time off benefits, such as vacation and sick time), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment. If hired, the employee will be in an “at will” position and the Company reserves the right to modify base salary (as well as any other discretionary payments or compensation programs) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.

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Responsibilities

Perform accounting services for complex funds, including calculating net asset values and preparing performance reports. Drive service improvement plans and provide guidance and review for junior team members.