CAAG Accounting & Reporting Sr Supervisor - Partnership Accounting Job

Accounting & Reporting Sr Supervisor
at Bank of New York Mellon in Everett

Location: Everett, MA, US
Job Number: 1301941

BNY Mellon is a global financial services company focused on helping clients manage and service their financial assets, operating in 36 countries and serving more than 100 markets. BNY Mellon is a leading provider of financial services for institutions, corporations and high-net-worth individuals, providing superior asset management and wealth management, asset servicing, issuer services, clearing services and treasury services through a worldwide client-focused team. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation. Additional information is available at www.bnymellon.com.

BNY Mellon Asset Servicing assists clients worldwide to enhance the management, administration and oversight of their entire investment process by giving them the tools and information they need to make better decisions.

Description

The incumbent will supervise a staff of 10+ responsible for the processing and support of complete, accurate, and timely valuation and financial statements for daily and monthly valued clients. The clients will be a mix of multi-billion dollar institutional relationship wit at least two in the GSS top 100 revenue clients. S/He will have complete responsibility for client satisfaction with respect to the cash processing, accounting, valuation, and information delivery aspects of Service Delivery, and will be responsible for the development, implementation, and control of customized services related to those areas. S/he must effectively work with all groups throughout Asset Servicing as well as Mellon Analytical Solutions in order to provide joint solutions to complex client issues. S/He will control/mitigate risk related to investment manager/client trade settlements and cash investment. S/He will ensure that each customer s accounting information is in adherence with all Bank of New York Mellon internal policies as well as all external standard-setting bodies (e.g., the AICPA and FASB) and regulatory bodies (e.g., the DOL and SEC). The incumbent must effectively use his/her knowledge and understanding of our business in order to appropriately manager the risk inherent in GSS relationships and our overall business. S/He will be fully responsible for the Performance Management Process for her/his staff and will guide staff through change. S/He will have a significant role in client/prospective client presentations.

This position is a Sr. Supervisor for Partnership Accounting in the Complex Accounting and Administration Group (CAAG. The preferred candidate will have experience reading and interpreting hedge fund legal documents and be familiar with master/feeder, fund of funds, and stand alone hedge fund structures. S/He must have experience in Partnership allocations and management/incentive fee allocations. Specific functions include fund documentation, investor statements, withholding statements, capital roll forward, side pocket accounting, and accounting for management and performance fees. The preferred candidate will have extreme attention to detail, organizational skills, clear and concise communication skills, and the ability to deal directly with clients and investors. CPA, relevant industry experience, and/or experience with Penny IT works is preferred.

Qualifications

The qualified candidate will have a Bachelor' degree with concentration in Accounting or Finance preferred. Extensive knowledge of securities/trust accounting theories/practices, as well as annual Form 5500 and other regulatory reporting is required. S/He must be highly proficient with PC applications and our core on-line systems and information delivery tools. S/He must possess excellent analytical and communication skills, and be able to manage effectively under pressure while adhering to strict and constantly changing deadlines. Superior supervisory, interviewing, organizational, presentation, and leadership skills are required. This position requires 9+ years of relevant securities/trust experience, including some supervisory/management experience.

Primary Location: United States-USA-MA-Everett
Internal Jobcode: 07930
Job: Asset Servicing
Organization: Global Client Service Delivery-HR06406

Deadline: 16-04-2013

How to Apply:
http://jobs.bnymellon.com/job/Everett-CAAG-Accounting-&-Reporting-Sr-Supervisor-Partnership-Accounting-Job-MA-02149/2461901/