Senior Vice President, Fund/Client Accounting Manager

Recruiter
BNY Mellon
Location
Chennai, Tamil Nadu, India; Pune, Maharashtra, India
Salary
Not disclosed
Posted
24 Apr 2024
Closes
20 May 2024
Ref
52367
Contract type
Permanent
Hours
Full time
Experience level
Manager

Job Description

Bring your ideas. Make history.

BNY Mellon offers an exciting array of future-forward careers at the intersection of business, finance, and technology. We are one of the world's top asset management and banking firms that manages trillions of dollars in assets, custody and/or administration. Known as the “bank of banks” - 97% of the world’s top banks work with us as we lead and serve our customers into the new era of digital.

With over 238 years of rich history and industry firsts, BNY Mellon has been built upon our proven ability to evolve, lead, and drive new ideas at every turn. Today, we’re approximately 50,000 employees across 35 countries with a culture that empowers you to grow, take risks, experiment and be yourself. This is what #LifeAtBNYMellon is all about.

We’re seeking a future team member for the role of Senior Vice President, Fund Accounting manager II to join our Fund Accounting team. This role is located in Chennai, TN - HYBRID mode.

In this role, you’ll make an impact in the following ways:

  • Directs multiple Fund Accounting teams that are 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.
  • Responsible for the financial and human resources for the unit and ensures assigned teams are operating effectively to meet unit goals and objectives.
  • Directs processes and allocation of resources in determining the net asset value (NAV) for assigned funds in multiple sectors for each measurement cycle.
  • Manages relationships with a broad set of clients and resolves any unique escalated issues related to fund calculations and accounting.
  • Directs and sets priorities for processes that check for the completeness and accuracy of disclosure in financial statements.
  • Provides guidance to teams managed to ensure that accounting records are maintained in accordance with departmental policies and procedures.
  • Resolves complex escalated issues from team members. Evaluates GAAP and/or IFRS rules to determine impact of new regulations on BNY Mellon fund accounting practices.
  • Develops strategy for and provides guidance to teams on the implementation of new policies to follow regulations.
  • Implements and assists in setting guidelines, policies, and priorities for the drafting of financial reports for a broad set of clients to review fund performance.
  • Communicates reports and complex accounting intricacies to clients.
  • Recruits, directs, motivates and develops staff, maximizing their individual contribution, their professional growth and their ability to function effectively with their colleagues as a team.
  • Oversees relationships with auditors and clients to make changes to financial reports and ensure they accurately depict fund performance.
  • Manages multiple Fund/Client Accounting teams. Work is primarily accomplished through subordinate managers. Contributes to the achievement of multiple teams objectives

To be successful in this role, we’re seeking the following:

  • Bachelors degree in accounting or the equivalent combination of education and experience is required.
  • 18+ years of total work experience and at least 6-7 years in management preferred. Big 4 accounting firm experience preferred.

At BNY Mellon, our inclusive culture speaks for itself. Here’s a few of our awards:

  • Fortune World’s Most Admired Companies & Top 20 for Diversity and Inclusion
  • Bloomberg’s Gender Equality Index (GEI)
  • Human Rights Campaign Foundation, 100% score Corporate Equality Index
  • Best Places to Work for Disability Inclusion, Disability: IN – 100% score
  • 100 Best Workplaces for Innovators, Fast Company
  • CDP’s Climate Change ‘A List’

Our Benefits:

BNY Mellon 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 that can support you and your family through moments that matter. BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals With Disabilities/Protected Veterans.

Our ambition is to build the best global team – one that is representative and inclusive of the diverse talent, clients and communities we work with and serve – and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.

For further information, and to apply, please visit our website via the “Apply” button below.

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