Director, Accounting Manager

Director, 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 are seeking a future team member for the role of Director, Accounting Manager to join our Finance department. This role is located in Brussels. 

The BNY European Bank (EB) Finance department comprises over 40 professionals located across Brussels, Amsterdam, Frankfurt, Milan, Luxembourg, Madrid, Dublin, and Wroclaw. The team delivers financial accounting, controlling, and reporting services and is responsible for maintaining the books and records of EU legal entities, regulatory and statutory reporting, and ensuring a robust control environment.

This department is part of the broader EMEA Finance organization, which includes approximately 200 professionals across the region, supported by offshore teams in Pune and Chennai. Within this structure, the Legal Entity Controller (LEC) team plays a critical role in managing accounting records under various GAAP frameworks, supporting internal management reporting, and overseeing local tax filings.

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

1. Legal Entity Oversight & Financial Control

• Ensure accurate accounting treatment in line with US GAAP, IFRS, and Local GAAP.
• Maintain a strong control environment and ensure compliance with audit requirements.
• Review and approve journal entries (recurring, accrual, reversing, and non-recurring).
• Oversee period-end close activities, trial balances, and variance analysis.
• Identify and resolve complex data and information discrepancies.
• Coordinate with Tax teams for accurate and timely tax entries and filings.
• Ensure timely and accurate consolidation of entities.
• Review allocation processes for compliance with legal and administrative requirements.
• Provide quality assurance support to the Legal Entity Board.
• Escalate issues in accordance with policy and timelines.

2. Team Leadership & Operational Excellence

• Lead and support the Legal Entity Controlling team across multiple locations.
• Oversee general accounting and control activities, including:
  • General Ledger and Chart of Accounts management
  • Fixed Assets and Capital Project accounting
  • Intercompany transactions and allocations
  • Close and consolidation processes
  • Implementation of GAAP/CAP changes
  • Control environment and reconciliations
  • SOX compliance and internal controls

3. Strategic Projects & Change Management

• Lead initiatives related to Legal Entity Controlling.
• Drive continuous improvement, automation, and integration of AI and emerging technologies.

4. Stakeholder Collaboration & Governance

• Collaborate with Corporate Treasury, Risk & Compliance, Legal, and Business Line Management.
• Provide insights on new business initiatives and regulatory changes.
• Ensure adherence to data governance and operational control standards (e.g., certification, analytical review, checklists).

5. People Development & Outsourcing Oversight

• Coach and develop team members to enhance performance and growth.
• Oversee outsourced production activities and ensure quality of deliverables.

6. Regulatory Awareness

• Stay informed on legislative and regulatory developments.
• Maintain current knowledge of accounting standards and controlling procedures.
   

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

• Extensive experience in finance and accounting, with deep expertise in US GAAP, IFRS, and Local GAAP (including Belgian GAAP).
• Proven leadership in a multi-location environment; deadline-driven with strong attention to detail.
• Solid understanding of control frameworks and audit processes.
• Experience with financial systems, automation tools, and AI integration.
• Excellent communication and stakeholder management skills.