Fund Accounting Leadership Position in Pune

1 month ago


Pune, Maharashtra, India BNY Full time

About BNY

At BNY, we empower professionals to grow and succeed in a dynamic environment. As a leading global financial services company, we touch nearly 20% of the world's investible assets. Our team of over 50,000 employees brings their unique perspective to create solutions with our clients that benefit businesses, communities, and people everywhere.

We are committed to innovation and inclusivity, recognized for being a top home for innovators and creating an inclusive workplace. Through our collective talents, we help make money work for the world.

The Role: Director - Hedge Fund Accounting

We seek a seasoned professional to join our Fund Accounting team as a Director. This role is based in Pune, Maharashtra - Hybrid. The ideal candidate will have extensive leadership experience in fund accounting or related financial services, with a strong track record of managing teams and delivering results.

Key Responsibilities:

  • Lead a team of fund accountants to ensure timely and accurate preparation and delivery of financial statements and reports.
  • Manage and mentor a team of fund accountants, ensuring the timely and accurate preparation and delivery of monthly, quarterly, and annual financial statements, investor reports, capital calls, and distributions for private equity funds.
  • Review and approve fund valuations, reconciliations, audits, tax filings, and regulatory compliance reports.
  • Develop and implement robust accounting policies, procedures, and controls to maintain the highest standards of financial integrity and compliance.
  • Oversee the waterfall calculation process, ensuring compliance with governing documents, and manage a team responsible for the accurate distribution of capital gains.
  • Liaise with internal and external stakeholders, including fund managers, investors, auditors, tax advisors, administrators, and custodians.
  • Provide technical guidance and support on complex accounting and reporting matters, such as fair value measurement, consolidation, and allocation.
  • Drive process improvements and spearhead automation initiatives to elevate efficiency and quality of the fund accounting function.

Requirements:

  • A CA or CPA designation or equivalent professional accounting qualification.
  • A minimum of 10 years of senior leadership experience in fund accounting or related financial services.
  • Strong leadership skills to effectively manage and mentor a team of professionals.
  • Excellent communication skills for clear and concise reporting and stakeholder engagement.
  • An innovative mindset to lead process improvements and implement automation solutions.

Benefits and Rewards:

BNY 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.



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