Vice President, Financial Reporting Manager

BNY is seeking a Vice President, Financial Reporting Manager based in Westborough, MA, to oversee the preparation and review of complex fund accounting deliverables for Alternative Investment Fund clients. In this onsite role, you will ensure reporting is accurate, compliant, and delivered on schedule, while partnering with auditors and clients and helping strengthen reporting processes.

What you will do

• Prepare and review accounting statements for complex funds on behalf of Alternative Investment Fund clients.
• Review work produced by junior team members and collaborate with auditors and clients to ensure statements are accurately produced and verified in a timely manner.
• Review and validate key financial statements for the most complex funds, including the balance sheet, income statement, statement of cash flows, and statement of shareholders’ equity, ensuring reported figures are properly reconciled.
• Draft accounting statements and reports for more complex funds, incorporating fund calculations, for client review of fund performance.
• Provide guidance on report structure and perform checks to confirm completeness and accuracy of disclosures.
• Ensure financial reporting meets corporate and applicable regulatory standards, and advise the team on process changes required to remain compliant with new standards.
• Lead working relationships with auditors and clients to implement changes to financial reports so they accurately reflect fund performance.
• Support process transformation initiatives by identifying improvement opportunities and implementing best practices to enhance efficiency and effectiveness.
• Assist in presenting fund reports to the Board of Directors to support governance and clear communication of fund status.
• Provide guidance to less experienced team members as needed, and in some cases be tasked with Team Lead responsibilities.

Required qualifications

• Bachelor’s degree in accounting (or the equivalent combination of education and experience).
• Strong accounting knowledge covering relevant accounting standards and regulations, including IFRS, US GAAP, and Lux GAAP, as well as investment fund structures such as mutual funds and hedge funds.
• Ability to review and prepare complex fund accounting statements and reports.
• People leadership experience may be applicable in some geographies.

Additional experience preferences

• 7–10 years of total work experience preferred.
• Experience in private equity and/or hedge fund accounting preferred.

Experience level: Minimum 7 years.