Specialist, Fund Reporting Job in The Bank Of New York Mellon Corporation

Job Title: Manager Grade J (PM Track), Financial Reporting Asset Servicing.

Qualification: Qualified or Semi Qualified CA/ICMA/CPA/ACCA/CFA, MBA Finance, Masters/ Bachelors degree in Commerce.

Experience: 8-10 years of work experience in Financial Reporting.

Primary responsibilities include:

Technical/Functional:

• Manages processes which includes preparation and technical review of annual and semi-annual financial statements including audit work papers incorporating fund calculations for complex funds/clients performance, NQs in accordance with GAAP and regulatory requirements like SEC, IRS for mutual funds and perform the completeness and accuracy checks of disclosure in FS. Resolves escalated issues from team members.

• Leads working relationships with auditors and clients to make changes to financial reports and ensure they accurately depict fund performance.

• In depth understanding and knowledge in accounting principles & preparation of financial statements based on US GAAP (preferable) or IFRS.

• Participates in pre and post reporting cycle project initiatives and work-streams.

• Ensures financial reports meet clients and any applicable regulatory standards. Advises team and onshore on process changes needed to ensure compliance with any new standards.

• Recruits, directs, motivates and develops staff, maximizing their individual contribution, their professional growth and their ability to function effectively with their colleagues as a team.

• Responsible for the achievement of team goals and objectives, talent management and supervision of team members.

• Develop and manage action plans and implement all quality and production standards.

• Keeps him/herself constantly informed of regulatory and industry changes and other developments and disseminate the information to the wider team.

• Ensures effective use of reporting system and makes recommendations for system enhancements where required.

• Proactively managing risk at the business level; takes fully accountable for all steps of the production chain and share best practices to the wider team.

• Ensure all key controls are in place and followed in terms of checklists and client specific procedures are adhered to as well as make recommendations for improvement

Professional:

• Strong verbal and written communication skills.

• Competent to have conversation with internal/ external parties on accounting concepts/ standards.

• Explaining auditors & BODs with supporting's for quantitative and qualitative disclosures in FS.

• Excellent analytical and problem solving skills.

• Quest for learning.

• Handling pressure situations.

• Prioritization Time Management skills.

• Innovation & Problem solving.

• Change management.

• Timely escalations.

Leadership:

• Ensures Accountability of all tasks assigned.

• People management skills - Work allocation, Leave planning, backup planning, conflicts management & capacity planning etc.

• Takes complete ownership of the clients and funds assigned and builds effective teams.

• Result oriented and effective manages changes and ensure proper documentation.

• Acts as effective team player by being assertive in communication.

• Contributes actively in team activities, sharing experience and ideas.

• Good interpersonal, organizational, innovative and attention to detail skills.

Knowledge of applications:

• Proficiency in MS Office (excel, word and ppt in particular).

• Knowledge of financial reporting and fund accounting platforms like Fund Suite SX, ARC, Report Builder, IAX, Eagle, Investone, etc; is a definite plus.

Shift Timings: 1:30 PM 10:00 PM/2:30 PM 11:00 PM IST (Should be flexible to work as pre client deliverables and other ad-hoc requests).

Qualifications

Job Title: Manager Grade J (PM Track), Financial Reporting Asset Servicing.

Qualification: Qualified or Semi Qualified CA/ICMA/CPA/ACCA/CFA, MBA Finance, Masters/ Bachelors degree in Commerce.

Experience: 8-10 years of work experience in Financial Reporting.

Primary responsibilities include:

Technical/Functional:

• Manages processes which includes preparation and technical review of annual and semi-annual financial statements including audit work papers incorporating fund calculations for complex funds/clients performance, NQs in accordance with GAAP and regulatory requirements like SEC, IRS for mutual funds and perform the completeness and accuracy checks of disclosure in FS. Resolves escalated issues from team members.

• Leads working relationships with auditors and clients to make changes to financial reports and ensure they accurately depict fund performance.

• In depth understanding and knowledge in accounting principles & preparation of financial statements based on US GAAP (preferable) or IFRS.

• Participates in pre and post reporting cycle project initiatives and work-streams.

• Ensures financial reports meet clients and any applicable regulatory standards. Advises team and onshore on process changes needed to ensure compliance with any new standards.

• Recruits, directs, motivates and develops staff, maximizing their individual contribution, their professional growth and their ability to function effectively with their colleagues as a team.

• Responsible for the achievement of team goals and objectives, talent management and supervision of team members.

• Develop and manage action plans and implement all quality and production standards.

• Keeps him/herself constantly informed of regulatory and industry changes and other developments and disseminate the information to the wider team.

• Ensures effective use of reporting system and makes recommendations for system enhancements where required.

• Proactively managing risk at the business level; takes fully accountable for all steps of the production chain and share best practices to the wider team.

• Ensure all key controls are in place and followed in terms of checklists and client specific procedures are adhered to as well as make recommendations for improvement

Professional:

• Strong verbal and written communication skills.

• Competent to have conversation with internal/ external parties on accounting concepts/ standards.

• Explaining auditors & BODs with supporting's for quantitative and qualitative disclosures in FS.

• Excellent analytical and problem solving skills.

• Quest for learning.

• Handling pressure situations.

• Prioritization Time Management skills.

• Innovation & Problem solving.

• Change management.

• Timely escalations.

Leadership:

• Ensures Accountability of all tasks assigned.

• People management skills - Work allocation, Leave planning, backup planning, conflicts management & capacity planning etc.

• Takes complete ownership of the clients and funds assigned and builds effective teams.

• Result oriented and effective manages changes and ensure proper documentation.

• Acts as effective team player by being assertive in communication.

• Contributes actively in team activities, sharing experience and ideas.

• Good interpersonal, organizational, innovative and attention to detail skills.

Knowledge of applications:

• Proficiency in MS Office (excel, word and ppt in particular).

• Knowledge of financial reporting and fund accounting platforms like Fund Suite SX, ARC, Report Builder, IAX, Eagle, Investone, etc; is a definite plus.

Shift Timings: 1:30 PM 10:00 PM/2:30 PM 11:00 PM IST (Should be flexible to work as pre client deliverables and other ad-hoc requests).