Private Equity Fund Accountant Job

Profile

• Serves as a lead for the day-to-day operations of a medium-sized fund accounting support team, providing work direction and technical assistance on complex matters.
• Leads day-to-day accounting and net asset value (NAV) production functions (including NAV construction & validation, NAV review, dissemination and reporting activities) for more complex funds.
• Reviews data and assists in resolving escalated problems that may arise during the normal daily, weekly or monthly accounting and reporting.
• Tracks data and maintains accounting records for funds of higher complexity in accordance with department policies and procedures.
• Establishes data maintenance and summarization processes to improve team efficiency and best support the accounting team.
• Leads team in preparing system-generated reports.
• Coordinates review of reports and the sharing of reports with accounting teams.
• Reviews work of junior team members.
• Assists with maintaining relationships with client staff.
• Regularly works with client staff to exchange information with respect to cash, accounting, and reporting of daily and monthly client activities and initiatives.
• Communicates data needs and answers client questions.
• Assists in identifying and implementing process improvements to reduce audit and financial exposure and improve team efficiency.
• No direct reports.
• May have work allocation and team lead responsibilities.
• Supports the achievement of team objectives.

About BNY Mellon
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 and wealth management and investment services in 35 countries. As of March 31, 2021, BNY Mellon had $41.7 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 **MEMBERS ONLY**SIGN UP NOW***. (NYSE: BK). Additional information is available on ****

About the Business: Alternative Investment Services Operations (AIS)
At BNY Mellon, AIS provides fund administration-based services to a wide range of legal structures including hedge funds, funds of hedge funds, private equity, private credit and real estate funds. In connection with providing administration services, the AIS Accounting Team is responsible for both portfolio accounting and fund accounting, which includes fee calculations and investor allocations. The AIS Accounting Team serves as an aggregator of data that is used to compile the fund’s Net Asset Value (NAV) on a pre-determined liquidity period (i.e. daily, monthly, quarterly).
Job Requirements:
• Bachelor's degree in accounting or the equivalent combination of education and experience is required.
• 5-7 years of total work experience preferred.
• Experience in accounting support preferred.
Job Criteria:
Start Date:
Position Type: Full-Time Permanent
Years of Experience Required:
Education Required:
Overnight Travel:
Vacation Time:

Company info

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