Specialist, Fund/Client Accounting II

BNY Mellon seeks an experienced Specialist, Fund/Client Accounting II to manage fund accounting operations for our Private Equity team in our Bowling Green office in Manhattan. This full-time position involves four days on-site per week and plays a critical role in delivering accurate financial reporting and analysis for our clients and their investment funds.

About the Role

As Specialist, Fund/Client Accounting II at BNY Mellon, you'll oversee financial accounting and reporting functions for a portfolio of client accounts and investment funds. Your work ensures timely, accurate fund valuations, performance measurements, and regulatory compliance that our clients depend on for decision-making.

What You'll Do

• Prepare and verify net asset value (NAV) calculations for assigned client funds, ensuring accuracy and adherence to valuation standards
• Calculate and report fund performance metrics, including returns, attribution analysis, and benchmark comparisons
• Process fund allocation transactions, distributions, and fee calculations with precision
• Reconcile fund positions, account balances, and transaction records across multiple systems and data sources
• Prepare accounting entries, journal postings, and financial statements for fund reporting and external audits
• Maintain detailed documentation and audit trails for all accounting activities and transactions
• Support regulatory compliance requirements, including tax reporting and investor communication materials
• Collaborate with operations, technology, and client-facing teams to resolve accounting discrepancies and data integrity issues

What We're Looking For

• 2–4 years of hands-on experience in fund accounting, private equity accounting, or alternative investment accounting
• Solid understanding of net asset value calculations, fund valuation methodologies, and performance reporting
• Proficiency with accounting software and financial systems; experience with dedicated fund accounting platforms preferred
• Advanced Excel skills, including pivot tables, VLOOKUP, and financial modeling
• Strong attention to detail with ability to manage multiple client accounts and competing deadlines
• Clear communication and demonstrated ability to work effectively with cross-functional teams
• Familiarity with hedge fund, private equity, or mutual fund structures a strong plus
• Bachelor's degree in accounting, finance, or related discipline; CPA or active CPA candidacy valued

About BNY Mellon

BNY Mellon is a global leader in investment servicing, providing accounting, custody, and administrative services to alternative asset managers, institutional investors, and enterprises worldwide from our offices in major financial centers, including Manhattan.

How to Apply

To apply, complete your application directly on this page, or you'll be redirected to the employer's application platform to finish submitting there.