Group Manager, Accounting

BNY Mellon · Brooklyn NY

Company

BNY Mellon

Location

Brooklyn NY

Type

Full Time

Job Description

  • Role is part of the Finance Control team overseeing BNYM's institutional broker/dealer, and its trading and underwriting activities
  • Incumbent is responsible for reviewing/preparing the regulatory reports daily net capital (15c3-1),customer reserves (15c3-3), and FOCUS reports
  • Incumbent must understand all B/D haircut rules and possess knowledge over regulatory treatments for fixed income, equity and underwriting activities .
  • Delivers reporting to senior management and relevant local regulators.
  • Implements the comprehensive Finance Policies compliance analytics and metrics reporting process. Responsible for ensuring the upkeep of complex accounting processes surrounding capital markets, global markets, technology and/or broker dealers.
  • Reviews work papers and documentation and contributes to the identification of opportunities for accounting process improvement.
  • May take part in assignments within the regional or global service center which cross accounting functions associated with lines of business, legal entities and geographies that have an impact on the internal and external reporting, accounting and accounting process. Uses communication skills to convey complex information to legal entity controllers, reconciliation managers, SOX personnel, internal auditors and operations personnel.
  • Recruits, directs, motivates and develops staff, maximizing their individual contribution, their professional growth and their ability to function effectively as a team.
  • Responsible for the performance management processes for professional staff within the team. Directs professional staff responsible for all General Ledger activities for multiple, and likely complex, legal entities, lines of business, countries, regions or accounting processes.
  • Responsible for the achievement of goals and objectives for multiple, and likely complex, legal entities, lines of business, countries, regions or accounting processes.
  • Modified based upon local regulations/requirements.
  • Bachelor's degree or equivalent combination of education and work experience required. Degree in Accounting or Finance preferred. MBA or CPA/CA/local area equivalent certification preferred.10-12 years of total work experience.
  • Minimum of 5 - 10 years Broker Dealer Regulatory Reporting work experience.
  • Strong knowledge of Broker-dealer Regulatory Reporting (SEA Rules 15c3-1 and 15c3-3)
  • Excellent Excel skills and strong knowledge of FOCUS report and supplemental report filings.
  • BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals with Disabilities/Protected Veterans. Our ambition is to build the best global team - one that is representative and inclusive of the diverse talent, clients and communities we work with and serve - and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.

BNY Mellon assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $96,000 and $187,500 per year at the commencement of employment. However, base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNYM total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, short and long-term incentive packages, and Company-sponsored benefit programs.

This position is at-will and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation) at any time, including for reasons related to individual performance, change in geographic location, Company or individual department/team performance, and market factors.

Date Posted

12/23/2022

Views

5

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