Fund Administration, Accountant

About Northern Trust

Making sure you fit the guidelines as an applicant for this role is essential, please read the below carefully.

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.

Working Model : Hybrid

We have a balanced hybrid working model to ensure you get the flexibility you need, and the successful candidate will spend their time between working in the office and working from home.

Global Fund Services

Global Fund Services (GFS) is a full-service provider of fund solutions to investment manager and fund company clients around the world.

North America GFS Operations provides Fund Accounting and Administration, Custody Servicing, Investment Outsourcing Operations, Transfer Agency, and Investor Servicing.

Our expert team of 900 partners across North America are solutions-oriented, innovative, and passionate about servicing clients and helping them execute their business strategies.

We commit ourselves to ensuring our partners reach their full potential.

Under general supervision (but works independently most of the time) responsible for processing and handling transactions for the Treasury & Budgeting group (T&B).

Treasury / Budgeting

• Prepare, review and deliver schedule monthly, quarterly and annual Fund expenses.
• Update, prepare and revise any fee based expense accruals to the Fund Accounting system.
• Properly track, allocate and post expenses in the Fund Accounting records.
• Set up and post expenses in Web Cash Movement (WCM).
• Prepare expense reports for Semi-Annual, Annual and Prospectus reporting.
• Continuously provide insight on process improvement by strengthening controls and procedures.

General Role Guidelines / Expectations

• Ensures that the team / divisions goals for accuracy and timeliness are maintained.
• Escalates relevant and critical issues to management and all required partner areas in a timely manner.
• Reviews and maintains all roles and deadlines for assigned relationships.
• Follows core procedures, checklists and client specific procedures on a daily and monthly basis.
• Carries out complex activities with significant financial, client, and / or internal business impact.
• May have direct interaction with committees and / or senior management.
• More technically sound in area of expertise and has broader knowledge of other areas.

Qualifications

• Bachelor’s degree in Accounting or Finance or equivalent work experience.
• 2-5 years of accounting experience.
• 2-5 years of experience in fund / investment accounting.
• Advanced skills in MS Word, Excel and PowerPoint.
• Xceptor knowledge is a plus.

Working With Us

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.

We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater

Reasonable accommodation

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 [email protected].

We hope you’re excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.

Apply today and talk to us about your flexible working requirements and together we can achieve greater.

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