BNY Chennai Fund Accounting Specialist Salaries by 4 Employees

5 - 9 years exp.

₹5.1 Lakhs - ₹14 Lakhs

Salary of majority employees

Fixed (88%)

₹7.9 Lakhs

Variable (13%)

₹1.1 Lakh

60% more than the average Fund Accounting Specialist Salary in Financial Services Companies for 5 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Fund Accounting Specialist Salary 8 - 9 years exp. (AmbitionBox Estimate)	₹11 L/yr - ₹14 L/yr
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Finance & Accounting Fund Accounting Specialist Salary 5 years exp. (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.4 L/yr

Last Updated: 15 Dec 2024

Companies similar to BNY for Fund Accounting Specialist in Chennai

BNY Fund Accounting Specialist Salary

5 - 9 years exp. (4 salaries)

₹5.1 L/yr - ₹14 L/yr

Company name	Avg Annual Salary	Open Jobs
Statestreet HCL Services Fund Accounting Specialist Salary 2 - 6 years exp. (7 salaries)	₹4 L/yr - ₹6 L/yr 48% less
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Societe Generale Global Solution Centre Fund Accounting Specialist Salary 7 - 10 years exp. (3 salaries)	₹5.2 L/yr - ₹8.3 L/yr 31% less

Fund Accounting Specialist salary at BNY ranges between ₹5.1 Lakhs to ₹14 Lakhs per year for employees with experience between 5 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of BNY.

Experience wise BNY Fund Accounting Specialist salaries in Chennai

Last Updated: 15 Dec 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.7 L/yr
6 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
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8 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.7 L/yr
9 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr

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Top skills at BNY for Fund Accounting Specialist

Fund Accounting Hedge Funds Reconciliation NAV Calculation US Shift Investment Banking Capital Market Mutual Funds

Salary related reviews for BNY

Senior Associate in Pune

Full Time

Risk Management & Compliance Department

2.0

• posted on 27 Nov 2024

3.0

for Salary and Benefits

Likes

Actually nothing is her to be liked they are spending lot of money of campus etc but not paying to the employee. They did lot of lay off but still not ready to pay to the employee

Skill development - Good

Dislikes

Management is not at all supportive

Work satisfaction - Poor

+1 more

Senior Associate in Pune

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 27 May 2024

3.0

for Salary and Benefits

Likes

Provides good bonus, and enough leaves a year.

Dislikes

Management isnt good, appraisal is terrible, promotions are very less compared to number of new openings, managers doesnt let you apply for IJPs, have to provide explanation on each of your leaves with proofs.

Skill development - Bad

+3 more

Senior Associate in Pune

Full Time

Finance & Accounting Department

4.0

• posted on 31 Jul 2024

5.0

for Salary and Benefits

Likes

Salary and benefits along with work life balance

Salary - Excellent

+1 more

Dislikes

Meetings for no reason ...same thing they will discuss day in day out ...you will be asked to update 14-15 trackers. That's all they will do ...no learning at all . They will say fund accounting but will ask you to do AP tasks

Skill development - Bad

+3 more

Senior Process Associate in Pune

Full Time

Finance & Accounting Department

4.0

• posted on 23 Sep 2023

4.0

for Salary and Benefits

Likes

Good Salary Package, Perks, Bonus, Compensation & Annual Hike is good. The best is Best Medical Insurance Coverage for entire family.

Salary - Good

Dislikes

Worst, pathetic, unprofessional managers. 16-17 hours of continuous work with very less overtime allowances. Cheap office politics are played by managers, they literally threatens of job to the targeted person and makes their lives miserable. They also insults by using disrespectful tone on floor infront of other teams.

Job security - Bad

+4 more

Analyst in Chennai

Full Time

Finance & Accounting Department

3.0

• posted on 07 Mar 2023

3.0

for Salary and Benefits

Likes

Apart from compensation other benefits are good compared with market

Dislikes

Experienced people are not valued although they have given their efforts during critical times, crunches and corona period. Inexperienced students are recruited with good packages. There is no difference in packages for 3-4 years experienced people compared with newly joined inexperienced people.

Promotions - Poor

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BNY Fund Accounting Specialist Salary FAQs

What is the salary of Fund Accounting Specialist at BNY in Chennai?

The average salary of a Fund Accounting Specialist at BNY in Chennai typically ranges from ₹5.1 Lakhs to ₹14.0 Lakhs per year, depending on experience (from 5 years to 9 years).

The top 10% of Fund Accounting Specialist in Chennai at BNY earn more than ₹14.0 Lakhs per year, and the top 1% earn over ₹14.0 Lakhs per year. Fund Accounting Specialist Salaries at BNY can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 BNY employees in India.

What is the estimated take home salary of a Fund Accounting Specialist at BNY in Chennai?

The estimated take-home salary of a Fund Accounting Specialist at BNY in Chennai typically ranges from ₹65,434 to ₹67,104 per month. This is based on the average salary range of ₹5.1 Lakhs to ₹14.0 Lakhs per year for employees with experience ranging from 5 years to 9 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of BNY. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Fund Accounting Specialist at BNY in Chennai?

To be a Fund Accounting Specialist at BNY in Chennai, the key skills required include:

- Fund Accounting
- Hedge Funds
- Reconciliation
- NAV Calculation
- US Shift

These skills are highly valued at BNY and are crucial for successful performance in a Software Engineering role.

What is the salary of a Fund Accounting Specialist in companies similar to BNY in Chennai?

The salary of a Fund Accounting Specialist at companies similar to BNY in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Societe Generale Global Solution Centre	₹5.2 Lakhs to ₹8.3 Lakhs per year
Statestreet HCL Services	₹4.0 Lakhs to ₹6.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Fund Accounting Specialist at BNY in Chennai?

The salary growth for a Fund Accounting Specialist at BNY in Chennai depends on factors such as experience, performance, and promotions. On average, a Fund Accounting Specialist in Chennai can expect the following growth trajectory at BNY:

Experience	Average Salary Range
5 years	₹5.2 Lakhs to ₹6.7 Lakhs per year
6 years	₹4.6 Lakhs to ₹5.9 Lakhs per year
8 years	₹9.9 Lakhs to ₹12.7 Lakhs per year
9 years	₹12.6 Lakhs to ₹16.1 Lakhs per year

and so on.

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BNY Fund Accounting Specialist Salaries in Chennai

BNY Fund Accounting Specialist salary in Chennai ranges between ₹5.1 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 BNY latest salaries received from various employees of BNY.