Job Description
Vice President, Fund/Client Accounting IIn this role, you'll make an impact in the following ways:Provision of fund accounting/administration services:Ensure the accounting records of client funds are accurate, complete, and up to date.Ensure the net asset values (NAVs) are calculated according to agreed standard and client specific procedures and timetables.Ensure the necessary controls are in place and adhered to in order to provide complete, accurate and timely fund administration services to our clients. Such responsibility includes adherence by all team members to BNY Mellon Operations Procedures Manual and to the client service level agreements.Maintain and update client standing files, including client-specific procedures, on a timely basis and ensure existing and new procedures agreed with our clients are formally communicated to the necessary staff as soon as required.Assist in the review of semi -annual and annual financial statements produced by the Financial Reporting team.Partake in the review and development of Procedures Manuals and operating frameworks.Partake in the review of prospective client documentation and assistance in the review of prospect profile documents and the appropriate customization of operating procedures.Assist with the pre-launch phase of new client fund vehicles.Accurate and timely provision of non-daily services to all clients including month-end reporting, compliance review and expense payments.Communicate new procedures on a fund to all relevant staffTimely communication to Team Manager of any significant operational issues that ariseClient servicing:Serve as the primary dedicated contact for the client on operational and client servicing issuesEnsure client concerns/requests are addressed as soon as possible and within an agreed timetableManage each Assistant Manager's and Supervisor's client servicing functions and ensuring that clients are satisfied with the service they are receiving through regular contact with the client. This includes ensuring all staff maintain a professional relationship with other members of the global service team as well as key client contacts.Manage the service provided to a variety of clients concurrently.Human resource management:Teamwork scheduling and staff management, including responsibility for ensuring the appropriate distribution of work/responsibilities to staff with sufficient experience/capability, managing overtime at all staff levels and managing staff availability during the holiday season, sick leave, and bank holidays.Have input into annual and semi-annual staff performance reviews according to the standard timetable, keeping staff informed of HR issues/developments, resolving personnel issues in a timely manner, identifying new staffing requirements, and communicating notice and assisting with recruitment including the performance of employee-candidate interviews.Monitoring of quality control:Monitor service quality within the team.Regularly test check (with an emphasis on high risk/high profile funds and asset types) NAV calculation files for accuracy and completeness.Ensure adherence to procedures as outlined in the Procedures Manual and the client-specific procedures on the client standing file/SLA.Review any client-specific procedures which deviate from those in the Procedures Manual to ensure appropriateness and documentation of specific procedure as an addendum in the manual.Management reporting/Financial control:Provide management with regular information regarding salient aspects of the group's activities/work in progress, work efficiency levels, client servicing issues, and overall funds under management through the weekly accumulation of information, update of existing management information system (MIS) reporting, and implementation of any required alterations to the current format.Conversion projects:Manage, from an operations perspective, the successful completion of in-conversions. This involves coordination of the conversion process, including understanding the specific characteristics of the funds, determining if any system enhancements are required and interfacing with IT for their timing creation, assessing staffing levels and resources, overseeing the timeliness and quality of the in-conversion, and communicating issues to all parties involved.To be successful in this role, we're seeking the following:+ years work experience in the funds industryExcellent working knowledge of NAV calculations and reviewsIn-depth experience of resolving Cash & Asset reconciliation queriesKnowledge of accounting requirements for a wide range of financial instrumentsIn-depth knowledge of Performance Fees and Complex InstrumentsExperience in the preparation of board reportsIn-depth knowledge of Share Class HedgingExperience in resolving complex fund issuesDemonstrated ability to plan and implement workflow requirements of a teamExcellent knowledge of ExcelHigh level of accuracy and attention to detailProactive, focused attitude towards work and an ability to consistently meet deadlinesOrganizational, interpersonal, and communication skillsReport writing ability, with a high attention to detailClient relationship skillsAbility to work on projects in a team environment as well as stand-aloneSkills in strategy planning for administration operationsPresentation skillsKnowledge of the Funds industry and applicable regulationsDesirable:Third-level qualification in a business-related disciplineAccountancy qualificationExperience of Advent/Geneva/NTAS #J-18808-Ljbffr