Vice President, Exchange Traded Funds - Fund/Client Accounting Manager I

Company: BNY
Location: Los Angeles
Posted on: March 8, 2025

Job Description:

Vice President, Exchange Traded Funds - Fund/Client Accounting Manager I At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world's financial system we touch nearly 20% of the world's investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere. We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what is all about. We're seeking a future team member for the role of Vice President, Exchange Traded Funds - Fund/Client Accounting Manager I to join our Fund Accounting Team. This role is located in Los Angeles, CA - HYBRID. In this role, you'll make an impact in the following ways:

• Manages a small team of Accountants responsible for conducting accounting services on behalf of assigned clients including determining net asset values, calculating fund performance, allocating expenses, and preparing reports.
• Resolves escalated issues from team members.
• Manages the performance of assigned staff and sets team priorities.
• Manages team in determining the net asset value (NAV) for assigned funds for each measurement cycle.
• Manages relationships with assigned clients and ensures all questions are answered and issues with fund calculations and accounting are resolved.
• Manages processes for checking for the completeness and accuracy of disclosure in financial statements.
• Provides oversight of team to ensure that accounting records are maintained in accordance with departmental policies and procedures.
• Resolves escalated issues from team members.
• Evaluates GAAP and/or IFRS rules to determine impact of new regulations on BNY fund accounting practices.
• Manages the drafting of financial reports for clients to review fund performance.
• Communicates reports and 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.
• Manages a small team of Accountants.
• Contributes to the achievement of team 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.
  • 4-5 years of total work experience and at least 0-1 years in management preferred.
  • Big 4 accounting firm experience preferred. At BNY, our culture speaks for itself. Here's a few of our awards:
    • America's Most Innovative Companies, Fortune, 2024
    • World's Most Admired Companies, Fortune 2024
    • Human Rights Campaign Foundation, Corporate Equality Index, 100% score,
    • Best Places to Work for Disability Inclusion , Disability: IN - 100% score,
    • "Most Just Companies", Just Capital and CNBC, 2024
    • Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024
    • Bloomberg's Gender Equality Index (GEI), 2023 Our Benefits and Rewards: BNY offers highly competitive compensation, benefits, and well-being 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 assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $66,000 and $124,000 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 (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. BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.

Keywords: BNY, Los Angeles , Vice President, Exchange Traded Funds - Fund/Client Accounting Manager I, Accounting, Auditing , Los Angeles, California