BNY
Overview
Accounting Manager, Real Estate Funds at BNY Mellon. Location: Los Angeles, CA (four days in office per week).
Responsibilities
Direct multiple Fund Accounting teams responsible for conducting accounting services on behalf of a broad array of clients, including determining net asset values, calculating fund performance, allocating expenses, and preparing reports. Manage financial and human resources for the unit, ensuring assigned teams operate effectively to meet unit goals and objectives. Oversee processes and resource allocation to determine the net asset value (NAV) for assigned funds across multiple sectors for each measurement cycle. Manage relationships with a broad set of clients, resolving escalated issues related to fund calculations and accounting. Direct and prioritize processes that verify the completeness and accuracy of disclosure in financial statements. Provide guidance to teams to ensure accounting records comply with departmental policies and procedures, resolving complex escalated issues. Evaluate GAAP and/or IFRS rules to determine the impact of new regulations on BNY Mellon fund accounting practices and develop strategies for implementation. Implement and assist in setting guidelines, policies, and priorities for drafting financial reports for clients to review fund performance, communicating complex accounting intricacies. Recruit, direct, motivate, and develop staff to maximize individual contributions, professional growth, and effective teamwork. Oversee relationships with auditors and clients to update financial reports ensuring accurate depiction of fund performance. Manage multiple Fund/Client Accounting teams primarily through subordinate managers and contribute to achieving multiple team objectives.
Qualifications
Bachelor’s degree in accounting or an equivalent combination of education and experience. Minimum 10 years of commercial real estate fund accounting and financial statement preparation/review leadership experience. Knowledge of GAAP, Investment Company, IFRS, and SEC rules applicable to commercial real estate investment funds. Ability to effectively lead collaborative teams, where team members may be located in different cities or countries. Working knowledge of joint venture waterfalls and partnership structures, including investor allocation. REIT experience. Yardi/Investran/WDesk experience preferred.
Benefits and Compensation
Competitive base salary $68,000–$179,000 per year plus discretionary bonuses, short‑ and long‑term incentive packages, and comprehensive benefits. BNY is an Equal Employment Opportunity/Affirmative Action Employer. This position is at‑will.
#J-18808-Ljbffr
Accounting Manager, Real Estate Funds at BNY Mellon. Location: Los Angeles, CA (four days in office per week).
Responsibilities
Direct multiple Fund Accounting teams responsible for conducting accounting services on behalf of a broad array of clients, including determining net asset values, calculating fund performance, allocating expenses, and preparing reports. Manage financial and human resources for the unit, ensuring assigned teams operate effectively to meet unit goals and objectives. Oversee processes and resource allocation to determine the net asset value (NAV) for assigned funds across multiple sectors for each measurement cycle. Manage relationships with a broad set of clients, resolving escalated issues related to fund calculations and accounting. Direct and prioritize processes that verify the completeness and accuracy of disclosure in financial statements. Provide guidance to teams to ensure accounting records comply with departmental policies and procedures, resolving complex escalated issues. Evaluate GAAP and/or IFRS rules to determine the impact of new regulations on BNY Mellon fund accounting practices and develop strategies for implementation. Implement and assist in setting guidelines, policies, and priorities for drafting financial reports for clients to review fund performance, communicating complex accounting intricacies. Recruit, direct, motivate, and develop staff to maximize individual contributions, professional growth, and effective teamwork. Oversee relationships with auditors and clients to update financial reports ensuring accurate depiction of fund performance. Manage multiple Fund/Client Accounting teams primarily through subordinate managers and contribute to achieving multiple team objectives.
Qualifications
Bachelor’s degree in accounting or an equivalent combination of education and experience. Minimum 10 years of commercial real estate fund accounting and financial statement preparation/review leadership experience. Knowledge of GAAP, Investment Company, IFRS, and SEC rules applicable to commercial real estate investment funds. Ability to effectively lead collaborative teams, where team members may be located in different cities or countries. Working knowledge of joint venture waterfalls and partnership structures, including investor allocation. REIT experience. Yardi/Investran/WDesk experience preferred.
Benefits and Compensation
Competitive base salary $68,000–$179,000 per year plus discretionary bonuses, short‑ and long‑term incentive packages, and comprehensive benefits. BNY is an Equal Employment Opportunity/Affirmative Action Employer. This position is at‑will.
#J-18808-Ljbffr