Senior Specialist, Accounting

BNY Mellon
Pittsburgh, Pennsylvania, United States
Competitive salary
23 Feb 2021
25 Feb 2021
Job role
Who we are:

BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 35 countries. As of Dec. 31, 2020, BNY Mellon had $41.1 trillion in assets under custody and/or administration, and $2.2 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on Follow us on Twitter @BNYMellon or visit our newsroom at for the latest company news.

Role description and opportunities:

This position provides a broader and more unique experience than many other accounting roles. This position includes accounting analysis, reconciliation, and journal-entry responsibilities; however, most of the work is centered around analyzing client contracts, supporting systems development projects, and providing technical accounting support to our business partners. This job provides an opportunity to learn about systems that support business specific accounting transactions, ledgers, and processes and to apply specialized accounting knowledge in oversight of internal controls over financial reporting (ICFR), improvement to processes and procedures, and treatment of complex client contracts.

Key responsibilities include the following:

This role contributes to the accounting, finance, and control activities, primarily in support of the Issuer Services business, which includes the Corporate Trust and Depositary Receipts lines of business. Responsibilities include but are not limited to the following:

  • Completing core accounting activities, including: originating and processing complex general ledger transactions; participating in g/l and ICFR/Sox controls audits; maintaining control procedures; fulfilling adhoc requests in accordance with accounting process standards; performing intra-month and month-end accounting close processes; and identifying and completing continuous process improvements.
  • Performing reconciliations of general ledger accounts or other financial data, and identifying, addressing and/or escalating issues, as needed. Reviewing and/or approving journal entries and/or reconciliations completed by less experienced team members for accuracy and legibility and advising on improvements.
  • Researching and understanding line of business specific systems and sub-ledger reports, including how systems and their related reports function and reconcile to the general ledger. Understanding potential accounting improvement opportunities within these systems and working to proactively propose and implement improvement changes.
  • Providing accounting guidance and oversight for IT systems enhancement and implementation projects (functional specifications / system design / UAT testing).
  • Reviewing, understanding, and approving complex client contracts and client payments with a focus on system control and accounting implications, including working with customer service and relationship managers to accomplish these objectives. Proactively elevating issues identified to accounting and line of business management and proposing solutions to potential issues.
  • Working independently with business, audit, SOX, Technical Accounting, and finance partners to identify and aggregate accounting questions and research requests. Partnering with senior management to timely track and resolve ongoing issues, including scheduling and leading complex accounting meetings.
  • Attending various operational risk and controls meetings to identify accounting risks and opportunities for process improvement. Tracking and cataloging material risk and control events and partnering with risk team and process owners to quantify and record/adjust accounting reserves.
  • Completing various projects and training objectives to understand end to end business processes with accounting impacts and aggregate process flow to enhance knowledge base of Corporate Trust and Depositary Receipts lines of business.

A successful candidate should ideally have these qualifications:

  • Bachelor's degree or equivalent combination of education and work experience required. Accounting concentration preferred.
  • MBA or CPA/CA/local area equivalent certification preferred.
  • 7-10 years of total work experience preferred.
  • Knowledge of GAAP, accounting, and finance concepts and analysis preferred.
  • Experience designing financial models and accounting processes preferred.
  • Strong presentation and communication skills preferred.

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.

Primary Location: United States-Pennsylvania-Pittsburgh
Internal Jobcode: 85085
Job: Finance/Accounting
Organization: Finance-HR06599
Requisition Number: 2101100