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Private equity fund accounting senior manager

Dublin
BNY
Manager
Posted: 16 April
Offer description

OverviewPRIVATE EQUITY FUND ACCOUNTING SENIOR MANAGERWe’re seeking a Senior Manager with extensive PE Fund Accounting experience to join our Private Equity team. This role is located in Dublin, Ireland. The Senior Manager will oversee client deliverables & reporting, manage staff, while driving innovation and operational excellence across NAV processes.ResponsibilitiesDirect multiple Fund Accounting teams responsible for conducting accounting services on behalf of a broad array of assigned clients, including determining net asset values, calculating fund performance, allocating expenses, and preparing reports.Oversee the financial and human resources for the unit and ensure assigned teams operate effectively to meet unit goals and objectives.Direct processes and allocate resources in determining the net asset value (NAV) for assigned funds in multiple sectors for each measurement cycle.Manage relationships with a broad set of clients and resolve any unique escalated issues related to fund calculations and accounting.Drive automation initiatives using AI and other digital tools.Set priorities for processes that check for the completeness and accuracy of disclosure in financial statements.Provide guidance to teams to ensure accounting records are maintained in accordance with departmental policies and procedures. Resolve complex escalated issues from team members.Evaluate GAAP and/or IFRS rules to determine the impact of new regulations on fund accounting practices. Develop strategy for and provide guidance to teams on the implementation of new policies to comply with regulations.Implement and assist in setting guidelines, policies, and priorities for drafting financial reports for a broad set of clients to review fund performance. Communicate reports and complex accounting intricacies to clients.Recruit, direct, motivate, and develop staff, maximizing their individual contributions, professional growth, and ability to function effectively as a team.Oversee relationships with auditors and clients to make changes to financial reports and ensure they accurately depict fund performance.Assess new business opportunities and launch new funds into standard operating model.Manage multiple Fund/Client Accounting teams. Work is primarily accomplished through subordinate managers.Contribute to the achievement of multiple teams’ objectives.QualificationsBachelor’s degree in accounting or the equivalent combination of education and experience is required.People management experience required.Relevant fund accounting or financial services experience within private equity.Strong understanding of NAV production processes, private equity and semi-liquid fund structures, and investor reporting cycles.Experience using fund accounting systems (e.g. private markets accounting platforms).BenefitsBNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life’s journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.
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