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Senior Vice President, Fund Reporting Manager

Senior Vice President, Fund Reporting Manager

At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world’s financial system we touch nearly 20% of the world’s investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities, and people everywhere.

We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what #LifeAtBNY is all about.

We’re seeking a future team member for the role of  Senior Vice President, Fund Reporting Manager  to join the  Financial Reporting  team. This role is located in  Westborough, MA or Wilmington, DE - Hybrid.

In this role, you’ll make an impact in the following ways: 

  • Provides oversight and sets priorities for multiple teams responsible for preparing and reviewing financial reports on behalf of assigned clients and funds. Manages the performance of teams and sets area priorities.
  • Provides oversight and guidance in setting the processes that check for the completeness and accuracy of disclosure in financial statements. Resolves complex escalated issues from team members.
  • Oversees relationships with senior-level auditors and clients to ensure financial reporting meets their expectations and accurately depicts fund performance. Ensures financial reporting meets Corporate and any applicable regulatory standards. Leads analysis of changes in accounting and disclosure standards to direct process changes needed to ensure compliance.
  • Leads presentation of fund reports to Board of Directors to ensure good governance. Communicates complex or difficult concepts.
  • 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. Manages a Fund Reporting area. Work is primarily accomplished through subordinate managers.
  • Responsible for the achievement of the goals of a financial reporting area, talent management and supervision of teams.

To be successful in this role, we’re seeking the following: 

  • Bachelors degree in accounting or the equivalent combination of education and experience is required.
  • 7-10 years of total work experience with at least 1-3 years of management experience preferred. 
  • Experience in accounting and/or finance preferred.

At BNY, our culture speaks for itself. Here’s a few of our awards: 

  • America’s Most Innovative Companies, Fortune, 2024
  • World’s Most Admired Companies, Fortune 2024
  • Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024
  • Best Places to Work for Disability Inclusion , Disability: IN – 100% score, 2023-2024
  • “Most Just Companies”, Just Capital and CNBC, 2024
  • Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024
  • Bloomberg’s Gender Equality Index (GEI), 2023

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.

Average salary estimate

$140000 / YEARLY (est.)
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$160000K

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What You Should Know About Senior Vice President, Fund Reporting Manager, BNY

As the Senior Vice President, Fund Reporting Manager at BNY in Westborough, MA, you're stepping into a role that truly makes a difference in financial reporting and governance. Here at BNY, we pride ourselves on a culture that empowers our employees to thrive. With over 50,000 dedicated employees globally, we play a pivotal role in managing approximately 20% of the world's investible assets. In this dynamic position, you'll provide oversight to multiple teams responsible for the preparation and review of financial reports for our esteemed clients and funds. Your leadership will ensure that our financial reporting meets the highest standards, adhering to corporate and regulatory guidelines. You’ll engage with senior-level auditors and clients, presenting complex fund reports to the Board of Directors with clarity and precision. If you enjoy fostering talent, guiding diverse teams, and driving positive change, this position is for you! You’ll have the opportunity to recruit and develop your staff, maximizing their contributions while ensuring a collaborative team environment. And yes, we’re looking for someone with technical prowess, with a bachelor’s degree in accounting and extensive experience in management. With our firm commitment to inclusivity, innovation, and sustainability, BNY has been recognized as America’s Most Innovative Company by Fortune in 2024. If you're ready to blend your expertise in finance with impactful leadership, we’d love to hear from you and welcome you to the #LifeAtBNY community.

Frequently Asked Questions (FAQs) for Senior Vice President, Fund Reporting Manager Role at BNY
What are the primary responsibilities of a Senior Vice President, Fund Reporting Manager at BNY?

As a Senior Vice President, Fund Reporting Manager at BNY, your core responsibilities include overseeing multiple teams that prepare and review financial reports, managing the performance of your teams, guiding compliance with accounting standards, and resolving complex issues. You will also maintain relationships with senior auditors and clients to ensure their expectations are met and lead presentations of fund reports to governance bodies.

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What qualifications are needed for the Senior Vice President, Fund Reporting Manager position at BNY?

To be considered for the Senior Vice President, Fund Reporting Manager role at BNY, you should have a bachelor's degree in accounting or a related field, with 7-10 years of relevant work experience, and at least 1-3 years in a management position. Experience in finance or accounting is preferred, enabling you to effectively lead teams and projects.

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How does BNY support the professional development of its Senior Vice President, Fund Reporting Manager?

BNY supports professional development for the Senior Vice President, Fund Reporting Manager by providing opportunities for staff development, encouraging networking with professionals in the field, and investing in ongoing training programs that align with the company's commitment to innovation and excellence.

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What is the work environment like for the Senior Vice President, Fund Reporting Manager at BNY?

The work environment for a Senior Vice President, Fund Reporting Manager at BNY is hybrid, combining both remote and on-site work. BNY fosters a culture of collaboration, inclusion, and support, making it a great place for employees to share ideas, grow together, and thrive in their careers.

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What are the key leadership qualities sought in a Senior Vice President, Fund Reporting Manager at BNY?

Key leadership qualities for the Senior Vice President, Fund Reporting Manager at BNY include strong communication skills, the ability to motivate and develop teams, strategic thinking, and problem-solving capabilities. Additionally, you should demonstrate accountability in meeting financial reporting goals while fostering an inclusive environment for all staff.

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Common Interview Questions for Senior Vice President, Fund Reporting Manager
Can you describe your experience with financial reporting standards?

In your response, focus on your familiarity with various financial reporting standards, such as GAAP or IFRS, and provide specific examples where you've implemented these standards successfully in previous roles.

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How do you manage conflicts within your team?

Discuss your approach to conflict resolution, emphasizing your communication style, mediation techniques, and how you promote a culture of open dialog to address team concerns effectively.

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What strategies do you use to ensure compliance in financial reporting?

Explain your strategies for ensuring compliance, such as regular audits, team training on regulatory updates, and creating a structured process for financial reporting that incorporates checks and balances.

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Tell us about your experience presenting financial information to stakeholders.

Share specific instances where you've had to present complex financial information to stakeholders or boards. Highlight how you simplified the information for clarity and facilitated discussion around fund performance.

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How do you prioritize tasks in a high-pressure environment?

Outline your method for prioritizing tasks, including tools or frameworks you use to evaluate urgency and importance while ensuring that your team's goals are still met without compromising quality.

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What leadership style do you adopt when managing finance teams?

Reflect on your leadership style, whether it's transformational, transactional, or democratic. Provide examples of how this style has successfully engaged your team in achieving their objectives.

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How do you stay updated on changes in financial regulations?

Discuss your strategies for staying informed, such as subscribing to finance industry publications, participating in professional networks, or attending relevant conferences and workshops.

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What challenges have you faced in fund reporting, and how did you overcome them?

Choose a specific challenge you've encountered in fund reporting that highlights your problem-solving skills. Describe the situation, your approach to resolving it, and the positive outcomes that followed.

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How would you approach team recruitment and development?

Share your philosophy on recruiting top talent and how you develop your team, including mentorship practices, providing constructive feedback, and creating career advancement opportunities.

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Can you give an example of a successful project you led in financial reporting?

Provide a detailed example of a project, encompassing your role, the objectives, the challenges faced, and how you ensured the project's success, including metrics that demonstrate positive results.

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Photo of the Rise User
Inclusive & Diverse
Rise from Within
Mission Driven
Diversity of Opinions
Work/Life Harmony
Transparent & Candid
Growth & Learning
Fast-Paced
Collaboration over Competition
Take Risks
Friends Outside of Work
Passion for Exploration
Customer-Centric
Reward & Recognition
Feedback Forward
Rapid Growth
Medical Insurance
Paid Time-Off
Maternity Leave
Mental Health Resources
Equity
Paternity Leave
Fully Distributed
Flex-Friendly
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Social Gatherings
Pet Friendly
Company Retreats
Dental Insurance
Life insurance
Health Savings Account (HSA)

BNY is a global financial services company that helps make money work for the world — managing it, moving it and keeping it safe. For 240 years we have partnered alongside our clients, putting our expertise and platforms to work to help them achie...

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Full-time, hybrid
DATE POSTED
April 8, 2025

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