Vice President, Private Equity & Credit Fund Accounting
Job description
Contract Job Title
: Vice President, Fund/Client Accounting Manager
At BNY, our culture allows us to run our company better and enables employees’ growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world’s investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide.
Recognized as a top destination for innovators and champions of inclusion, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance – and this is what #LifeAtBNY is all about. Join us and be part of something extraordinary.
We’re seeking a future team member for the role of Vice President, Fund/Client Accounting Manager to join our Private Equity & Credit Fund Accounting team in Alternative Operations. This role is located in Wrocław, Poland.
Department overview:
Operations bring together BNY’s key operational areas into one global team to better support the company's businesses and serve clients around the world. Operations help clients to conduct business, service assets, and engage in transactions in 36 countries and more than 100 markets. At every stage of the investments lifecycle - creating, trading, clearing, settling, holding, servicing, managing, distributing and restructuring assets - Operations are working to make BNY the recognized industry service quality and productivity leader. Operations manage investment monitoring, measurement and processing services for our clients. Our solutions include Securities Operations, Fund Administration, Transfer Agency, Outsourcing, Performance Measurement and other related services.
The Alternative Investment Services (AIS) Fund Accounting Department is responsible for ensuring the timely and accurate preparation of daily net asset value (NAV) for a number of complex Hedge Funds, Credit Funds, Private Market Funds, Real Estate Funds and Hybrid Funds investing in a wide variety of financial instrument types.
Team overview:
This area of business focuses on preparing and calculating accurate Net Asset Values (NAVs) across all funds in accordance with BNY standard operating procedures, preparing cash and asset reconciliation's, providing services to all clients and ensuring that client concerns/requests are addressed as soon as possible and within an agreed timetable.
Your role:
Vice President II is responsible for managing a staff comprised of Lead Analysts/Account Managers, Senior Specialist and Fund Accounting Specialist whose responsibilities include providing premier client service and contributing to the production of client portfolio valuations, statements, and Net Asset Value (NAV) calculations.
- Provides oversight for multiple small teams or one large team of Accountants responsible for conducting accounting services on behalf of assigned clients including determining net asset values, calculating fund performance, allocating expenses, and preparing reports.
- Manages the performance of teams and sets area priorities.
- Manages multiple teams in determining the net asset value (NAV) for assigned funds for each measurement cycle.
- Manages relationships with assigned clients and resolves any escalated issues related to fund calculations and accounting.
- Directs and sets priorities for processes that check for the completeness and accuracy of disclosure in financial statements.
- Provides guidance to teams managed to ensure that accounting records are maintained in accordance with departmental policies and procedures.
- Resolves escalated issues from team members.
- Evaluates GAAP and/or IFRS rules to determine impact of new regulations on BNY fund accounting practices.
- Provides guidance to teams on implementation of new policies to follow regulations.
- Directs the drafting of financial reports for clients to review fund performance.
- Communicates reports and accounting intricacies to clients.
- 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.
- Leads working relationships with auditors and clients to make changes to financial reports and ensure they accurately depict fund performance.
- Manages multiple small teams or one large team of Accountants.
- Contributes to the achievement of team objectives
To be successful in this role, we’re seeking the following:
- Bachelor’s degree in accounting or the equivalent combination of education and experience is required.
- Min. 7-10 years of total work experience.
- Min. 1 year in management role preferred.
- Understanding of the ancillary products and services provided to the client base, including: pricing, corporate actions and cash management.
- Understanding of the security types making up the portfolios and how they trade, i.e., equities, fixed income securities, mortgage-backed securities, derivatives.
- Understanding of the transaction flows and the impact of mistakes at each step on the other.
- Understanding of the forms, documentation and other legal requirements to set up accounts.
- Understanding of the risks inherent in specific transactions.
- Understanding of the information flows through the various systems.
At BNY, our culture speaks for itself, check out the latest BNY news at:
Here’s a few of our recent awards:
America’s Most Innovative Companies, Fortune, 2025
World’s Most Admired Companies, Fortune 2025
“Most Just Companies”, Just Capital and CNBC, 2025
Our 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.
BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.
At BNY, our culture allows us to run our company better and enables employees’ growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world’s investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide.
Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance – and this is what #LifeAtBNY is all about. Join us and be part of something extraordinary.