Finance Associate

Bessemer Trust is seeking a highly analytical and detail-oriented Associate to support Net New Business reporting and analysis with the Finance organization. This role presents a significant opportunity to contribute meaningfully to the continued growth and development of the revenue reporting and analysis function at Bessemer Trust. This function is responsible for measuring, analyzing, reporting and communicating clear insights on key organic fee revenue drivers, including net asset flows, fee revenue implications, and client trends.


The ideal candidate will bring strong financial modeling, analytical and communication skills, with a focus on net asset flows, fee revenue, client relationships, and related revenue metrics. Responsibilities will also include supporting annual and long-term financial planning, preparing board and executive-level materials, and delivering insightful reporting and analysis to senior leadership on organic growth.


In this position, the Associate will provide critical insights into organic growth trends, develop and maintain financial reports and models, support strategic planning processes, and contribute to high-quality materials for board presentations and executive leadership reviews.

Net New Business & Growth Analytics

• Track, analyze, and report on net new asset flows, net new clients, and related revenue metrics across multiple dimensions (advisor, office/location, asset class, client size, etc.).
• Develop and maintain ad hoc and recurring reports to monitor organic growth versus targets.
• Analyze pipeline activity, conversion rates, client trends, and net asset flows to identify drivers of growth and areas of opportunity.

Strategic & Financial Support

• Support forecasting and planning efforts related to net asset flows, organic fee revenue growth, and business development and client initiatives.
• Assist in building business cases and analytical frameworks for growth initiatives, such as advisor hiring, market expansion, or product offerings.
• Perform ad hoc analyses to support senior management, relationship managers, and business leaders.

Cross-Functional Collaboration

• Partner with client relationship managers (Client Advisors) and business development officers (Wealth Advisors), senior leadership and the broader Finance organization to ensure consistent data, definitions, and reporting.
• Support preparation of materials for management meetings, leadership reviews, and board-level reporting.
• Help improve processes, data quality, and reporting efficiency related to net new business tracking and analytics.

Data & Process Improvement

• Ensure accuracy, consistency, and integrity of net new business data across systems.
• Identify opportunities to automate reporting, enhance analytical tools, and streamline workflows.
• Contribute to documentation of methodologies, assumptions, and best practices.

Qualifications:

• Bachelor's degree, with concentrations in Finance and/or Accounting.
• 3 - 5 years of relevant experience.
• Preferred experience in financial planning and analysis, fee analysis, and/or assets & flows analysis at a financial institution, private equity/venture capital firm, private bank or family office.

• Experience with ERP systems and financial planning software is preferred (e.g., Oracle, OneStream, Hyperion, Anaplan, SAP, or similar).
• Advanced proficiency in Microsoft Excel, including extensive experience with financial modeling, pivot tables, VLOOKUP, INDEX/MATCH, and VBA.
• Experience developing or modifying PL/SQL queries preferred

• Experience with 5-year financial planning or long-term financial forecasting is a plus.
• Experience with dashboarding/visualization tools (Power BI or Tableau) is a plus.

• Exceptional communication, presentation, and interpersonal skills, with the ability to build relationships across departments.

• Ability to manage multiple priorities, key initiatives and deadlines with excellent attention to detail.
• Intellectual curiosity and interest in wealth management, private banking, client growth, and business strategy.

The base salary range for this position is $95,000 - $125,000 per year. This range reflects the minimum and maximum base salary we reasonably expect to pay for this role. In addition, this position may be eligible to participate in the relevant business unit's incentive compensation plan, and other compensation programs as applicable. Eligible employees may participate in a 401(k) program with a generous profit-sharing contribution, medical, prescription dental, and vision coverage; life insurance; disability coverage; paid holidays; vacation; and sick time, subject to plan terms and Company policies.


About Bessemer Trust:

• Bessemer Trust is a family office, overseeing $250 billion in assets for 3,000 individuals and families of substantial wealth. Its more than 1,300 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 more than 119 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
• Legal services and financial wellness plans at no cost to employees

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