Lead Analyst, Fund/Client Accounting

Overview

The Fund Accounting Department is responsible for ensuring the timely and accurate preparation of daily net asset values (NAVs) for a number of complex funds investing in a wide variety of instrument types including equities, fixed and variable bonds, derivatives and emerging markets.

Responsibilities:

Provision of fund accounting/administration services:

• Ensure net asset values (NAVs) of the fund are calculated accurately and on a timely basis in accordance with The Bank of New York Mellon standard procedures and timetables
• Ensure the necessary controls are in place and adhered to in order to provide accurate and timely fund accounting/administration services to our clients, investment managers, transfer agent, stock exchanges etc
• Understand the process for preparing all valuations under your management. This will include having knowledge of all control procedures in place during the preparation of the NAV and identifying any more effective controls that can be used
• Monitor the daily/weekly/monthly production schedule to ensure that valuations are completed accurately and within the client deadline
• Perform the final check and review of valuations produced under your control
• Ensure The Bank of New York Mellon and client standard procedures and controls are being adhered to on a daily basis by all staff under your management
• Communicate new procedures on a fund to all relevant staff
• Timely communication to Team Manager of any significant operational issues that arise
• Ensure Fund Accountants maintain daily/monthly files in a manner suitable for future review by the fund and internal auditors
• Take initiative to seek opportunities to enhance either the quality of client services or the productivity the NAV process

Client servicing:

• Serve as the primary dedicated contact for the client on operational and client servicing issues
• Ensure client concerns/requests are addressed as soon as possible and within an agreed timetable
• Manage each Fund Accountant III's client servicing functions and ensure the client is satisfied with the service they are receiving
• Ensure all staff maintain a proactive and professional relationship with key client contacts
• Keep the Team Manager informed of client issues and their progress, highlighting to management any client concerns/complaints as a matter of urgency
• Manage the preparation of all the weekly/monthly reporting including the management information system (MIS), compliance, client and fund manager monthly information and reporting.

Work scheduling and people management:

• Plan the resourcing requirements for the funds in consultation with the Operations Manager
• Serve as a role model and mentor to staff and serve as a resource to provide adequate training as appropriate

Financial accounts/Fund audits:

• Ensure all queries from auditors or fund accounting staff are accurately and fully responded to with minimum delay

Procedures:

• Perform and document procedures assigned by the Operation Managers
• Ensure Internal control requirements are implemented

Skills / Knowledge:

Essential:

• 5+ years' work experience in the funds industry
• Excellent working knowledge of NAV calculations and reviews
• In-depth experience of resolving Cash & Asset reconciliation queries
• Knowledge of accounting requirements for a wide range of financial instruments
• In-depth knowledge of Performance Fees and Complex Instruments
• Experience in preparation of board reports
• In-depth knowledge of Share Class Hedging
• Experience in resolving complex fund issues
• Demonstrated ability to plan and implement workflow requirements of a team
• Excellent knowledge of Excel
• High level of accuracy and attention to detail
• Proactive, focused attitude towards work and an ability to consistently meet deadlines
• Organisational, inter-personal and communication skills
• Report writing ability, with a high attention to detail.

Desirable:

• Third level qualification in business related discipline
• Experience of Advent/Geneva/NTAS

Global Competencies :

• Client Orientation
• Developing Partnerships
• Embracing Change
• Driving for Results
• Decision Making

Employer Description:

For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments and safeguards nearly one-fifth of the world's financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It's the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: bnymellon.com/careers.