Job Description - SrSpec, Accounting (1809923)Job Description SrSpec, Accounting (Job Number:1809923) For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle.
BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments & safeguards nearly one-fifth of the world's financial assets.
BNY Mellon remains one of the safest, most trusted and admired companies.
Every day our employees make their mark by helping clients better manage and service their financial assets around the world.
Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets.
It's the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart.
Make your mark: bnymellon.com/careers.
Pershing provides critical business process, financial and technology solutions for financial organizations around the globe.
We operate behind the scenes to power transformational change for broker-dealers, registered investment advisors, independent financial advisers, hedge fund and '40 Act fund managers and individual investors.
We strive to be innovators, developing open architecture technology and financial solutions to support our customers' growth.
We advocate on behalf of our customers and help them respond to regulatory reform and drive positive outcomes for our industry and investors.From our core business as an industry-leading trade execution, clearing and custody provider, we have evolved into a global multifaceted firm that provides investment solutions, forward-thinking technology-driven efficiencies, practice management and service excellence.Description Contributes to the accounting activities of multiple complex legal entities, lines of business, countries, regions or accounting processes.
Manages numerous activities from start to close, including consolidations and financial reporting of business outcomes to deliver useable, accurate and timely financial information and recommendations for the desired period (monthly, quarterly or annually).
May assign tasks to more junior professionals.
Completes other complex accounting activities, as needed.
Frequently delivers presentations, information and/or recommendations to senior management, the internal board of directors and regulators.
Independently supports end to end accounting processes and completes complex research required to transform data into information for reporting purposes.
Completes accounting activities, including processing numerous complex general ledger events and transactions, continuously improving exceptions identification and analysis activities, participating in audits, maintaining the control environment, fulfilling ad hoc requests in accordance with global, regional and country-specific process standards and identifying and completing process improvements.
Delivers recommendations for use in accounting and financial reporting to senior management and the internal board of directors.
Completes special project activities.
Responsible for posting journal entries to the general ledger accounts accurately, completely and in a timely manner.
Independently performs reconciliations of general ledger accounts or other financial data.
Identifies, addresses and/or escalates issues, as needed.
Reviews and/or approves journal entries and/or reconciliations completed by less experienced team members for accuracy and legibility and advises on improvements.
Participates in assignments across lines of business, legal entities and geographies that have an impact on internal and external reporting, accounting and accounting processes.
Assignments include contributing to the design and implementation of new or revised reporting, accounting and accounting process policies, procedures and reports which provide effective financial planning, accounting and reporting of financial information.
Provides accounting guidance to relevant stakeholders.
Responsible for identifying and reporting risks, patterns or recurring issues and working with all necessary parties and technical teams to reach a resolution.
Recognizes significant risks and communicates these to management.
Provides supervisory direction and technical guidance on risk identification to other analysts.
Designs sophisticated analytical/computer methodologies and uses well developed written and oral communication skills to communicate complex financial data.
Is building relationships to ensure questions from regulators, senior management and line of business are answered and needs are met.
No direct reports.
Provides guidance to more junior staff.
Reviews work completed by less experienced staff.
Contributes to the achievement of multiple complex legal entities, lines of business, countries, regions or accounting processes' objectives.
Modified based upon local regulations/requirements.Qualifications Bachelor's degree or equivalent combination of education and work experience required.
Accounting concentration preferred.
MBA or CPA/CA/local area equivalent certification preferred.
7-10 years of total work experience preferred; knowledge of GAAP and accounting and finance concepts and analysis techniques preferred.
Experience designing financial models and accounting processes preferred.Primary Location: United States-USA-NJ-Jersey CityInternal Jobcode: 85085Job: Finance/AccountingExperience Level: ExperiencedOrganization: Pershing Domestic-HR06431