Fee Operations Accountant

Full job description
Job Summary: The Finance Department is seeking a detail-oriented and experienced Fee Operations Accountant to join our Fee department at Bessemer Trust in Woodbridge, NJ. To ensure the smooth operation of the fee lifecycle (serving over 50,000 client accounts), this individual will work collaboratively with the dedicated team. The lifecycle encompasses all stages, from initial implementation through ongoing maintenance to offboarding upon closure. This position presents an exciting opportunity to launch a successful career at a leading firm. The role reports directly to the department manager.

The successful candidate will be a self-starter and responsible for managing and overseeing fee-related accounting operations, ensuring accuracy, compliance, and efficiency in all processes.

Key Responsibilities:

Perform all reconciliations of fee-related accounts, identify and resolve discrepancies in a timely manner.
Preparing and processing all invoice related tasks, including but not limited to payment processing, reconciliation, maintenance and distributions.
Prepare month-end close processes and work closely with corporate accounting to ensure the month-end close is completed by the specified deadline.
Ensure all financial transactions are processed and recorded in Oracle-ERP, Global Plus and Cash Management System (CMS)
Work under pressure to meet all deadlines and ensure timely completion of tasks.
Identify opportunities for process improvements and implement best practices to enhance efficiency and accuracy with a focus on automation.
Assist with internal and external audits by providing necessary documentation and explanations related to Accounting Operations.
Additional Responsibilities: The duties listed above are not exhaustive and may include other tasks as required to support the team and company objectives.
Qualifications:

Education: Bachelor's degree in accounting or finance preferred.
Experience: Minimum of [2] years of experience in accounting.
Skills:
Microsoft Office Excel – intermediate skillset is required
FIS Global Plus, Oracle-ERP, Smartview experience is a plus.
Ability to understand and meet the urgency around deadlines.
Strong analytical and problem-solving skills
Excellent attention to detail and organizational skills.
Ability to work independently and as part of a team.
Strong communication and interpersonal skills.
Willing and available to work overtime when required.
The base salary range for this position is $70,000.00 - $85,000.00. Actual salaries will vary and will be based on various factors, such as skills, experience, and qualification for the role. It is not typical for offers to be made at or near the top of the range.

In addition, this position may be eligible for a discretionary incentive based on individual and company performance. Eligible employees may participate in a 401 (k) program with a company profit sharing contribution, medical, dental, vision, life insurance and disability coverage and paid holidays, vacation, and sick days.

Bessemer is committed to creating a diverse and inclusive environment, and is proud to be an equal opportunity employer. We encourage candidate of diverse backgrounds to apply.

About Bessemer Trust

Bessemer Trust is a family office, overseeing more than $200 billion in assets for over 3,100 individuals and families of substantial wealth. Its more than 1,200 employees are singularly focused on private wealth management — disciplined investment management, sophisticated wealth planning, comprehensive family office services, and highly personalized client service.

Established in 1907 as the family office for Annie and Henry Phipps, Bessemer Trust is in its seventh generation of ownership by the Phipps family. As a self-made entrepreneur, Henry Phipps was a founding partner and chief financial officer of Carnegie Steel.

Bessemer Trust retains its original focus as a privately owned and independent wealth manager deeply committed to its mission of providing peace of mind to its clients. Bessemer's adherence to putting clients' interests first, fiduciary mindset, and highly collaborative culture are at the heart of everything the firm does.

Key Facts:

For 118 years, Bessemer Trust has operated continuously in a single line of business, independently owned by one family.
Headquartered in New York's Rockefeller Center, Bessemer Trust has 22 offices in total. Woodbridge, NJ, is one of the firm's largest offices, which hosts a wide range of technology and operations professionals. In addition to its sizable presence in New York and Woodbridge, the firm provides client service through offices in Atlanta, Boston, Chicago, Dallas, Delaware, Denver, Garden City, Grand Cayman, Greenwich, Houston, Los Angeles, Miami, Naples, Nevada, Palm Beach, San Diego, San Francisco, Seattle, Stuart, and Washington, D.C.
To watch a video about Bessemer Trust's history, click here.
To learn more about Bessemer Trust, click here.
About Our Employee Rewards and Benefits:

We provide exceptional rewards and benefits that are among the best in the industry, giving our people access to a wide range of options, including:

Competitive base salary plus discretionary annual bonus for select positions
A 401(k) plan with a generous annual profit-sharing contribution
Personalized development and career opportunities, including tuition reimbursement support
Comprehensive medical, dental, and vision plans with zero contributions for employee coverage
Employee assistance (EAP) and wellness programs
Hybrid work environment: 60% in office, 40% remote for most positions
Paid time off and paid parental leave
Employer-paid life insurance and short- and long-term disability coverage

United States
New Jersey
Woodbridge Show on map Get directions