Senior Consultant, Financial Control, Hedge Fund Services

Northern Trust Fund Accounting Consultant

Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.

Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.

Candidate will be an experienced fund accounting ("Financial Control") consultant responsible for the execution and review of accounting and reporting deliverables for a multi-billion-dollar hedge fund client. The candidate will have a proven track record of working well with and leading others in a fast paced and dynamic environment. The candidate will have a strong foundation of U.S. GAAP Hedge Fund reporting requirements, internal controls, and will partner with the client's Financial Control team to maintain efficient, accurate and highly controlled accounting records.

The candidate will join Northern Trust Alternative Fund Services ("AFS"). This team specializes in administering assets of hedge funds, private equity managers, managed account platforms investing in alternative strategies and alternative fund of funds.

Why this role is important to us Northern Trust is dedicated to providing the best-in-class service to its clients. This role is on a high-profile dedicated client team made up of exceptional performing professionals. At AFS, we aim to provide the best in class service to our clients to maintain our high client satisfaction ratings.

Do you want to work for a company where you feel valued? Have a sense of belonging among trusted colleagues? See potential for growth and have flexibility to integrate work with your personal life? Join us if making your mark in the financial services industry from day one is a challenge that excites you!

What you will be responsible for :

• Execution and review of the monthly close processes and quarterly / annual financial statements for US GAAP Hedge funds (variety of strategies including fixed income, quantitative, equity, multi-strategy), IFRS international funds (Asia, UK, Ireland) and Broker Dealer entities
• Collaborating with various Northern Trust and Client stakeholders for project initiatives and implementations around key topics including process automation, FinTech implementations, internal technology requirement development and testing
• Developing best practice process documentation and review procedures
• Working with team members for best-in-class service, with a mindset of developing junior team members through trust and candor
• Serving as key point of contact with client for status of deliverables, reporting changes and quality feedback
• Coordinating and leading collaborative debrief meetings with colleagues and client contacts for quality / efficiency improvements
• Acting as subject matter expert within team for accounting and reporting matters
• Collaborating with internal control specialists to maintain SOC 1 equivalent control environment
• Liaising with external auditors and coordinating timely responses to inquiries to ensure accuracy of financial statements
• Assisting in project planning / resource allocation / prioritization of project initiatives

These skills will help you succeed in this role :

Education & preferred qualifications :

Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.

As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.

Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.

Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com.