Senior Consultant, Fund Accounting

The Northern Trust Company; Melbourne; On-site; AUD 120,000 - 160,000; Full time

Job summary

The Northern Trust Company invites applications for a Senior Consultant, Fund Accounting in Melbourne. You will oversee Unit Pricing and Unit Registry for Australia FA clients, with final sign-off in Melbourne and coordination with Bangalore and Manila teams.

This role requires strong fund accounting knowledge, excellent analysis, and the ability to drive process improvements while maintaining compliance and client service standards. Occasional travel between Melbourne and Sydney may be required.

Qualifications

• Bachelor's degree in a relevant discipline required.
• 5+ years of related experience in fund accounting or a similar role.
• Strong knowledge of fund accounting principles and controls.

Responsibilities

• Oversee unit pricing and unit registry for Australia FA clients.
• Coordination with Bangalore and Manila teams; Melbourne signs off as final authority.
• Lead fund accounting processes and drive improvements across the function.
• Analyze accounting data, cash activity and reconciliations to identify trends and risks.
• Ensure timely, accurate fund accounting deliverables with compliance and controls.
• Support implementation of new clients, restructures and client transitions.

Skills

Fund accounting knowledge

Analytical skills

Problem solving

Communication skills

Project coordination

Team collaboration

Microsoft Excel

Regulatory awareness

Client service orientation

Education

Bachelor's degree in a relevant discipline

Tools

Microsoft Office

Job description

About Northern Trust

As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world's most successful individuals, families, corporations and institutions.

Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.

With more than 135 years of financial experience and over 24,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.

Role Summary

This role is part of the Australia Fund Accounting (FA) team in Melbourne. The Senior Consultant, Fund Accounting will be responsible for oversight of the Unit Pricing and Unit Registry function for all Australia Fund Accounting (FA) clients. Unit Pricing is completed in Bangalore and Manila, with the Melbourne office completing final sign-off and providing a first point of contact for the client.

You will be required to work closely with the Australia Fund Accounting (FA) teams in all locations and to work closely with the external clients. In addition, the role has responsibility over the hard close / month end process.

You will also be involved in implementation of new clients along with restructures and transitions for existing clients.

This role reports to Manager, Fund Accounting.

We are open to both Melbourne and Sydney location.

DUTIES & RESPONSIBILITIES

1. Collaborates with internal stakeholders and cross-functional partners to plan and execute fund accounting work aligned to team, functional, and organizational priorities.


2. Supports and may lead the development, implementation, and enhancement of fund accounting processes, programs, controls, or initiatives within the function.


3. Analyzes accounting data, cash activity, investment records, reconciliations, reports, and information from multiple sources to identify trends, risks, exceptions, and improvement opportunities.


4. Solves complex or less defined fund accounting issues by applying sound judgment, accounting practices, best practices, and knowledge of related operational disciplines.


5. Monitors progress of assigned fund accounting deliverables, project activities, or process improvements, tracks results, and communicates updates, insights, and recommendations to stakeholders and functional management.


6. Ensures timely and accurate execution of fund accounting deliverables while maintaining quality standards, control requirements, compliance with functional policies, and alignment with client, business, or reporting requirements.


7. Develops or enhances fund accounting documentation, procedures, tools, templates, or resources that improve consistency, efficiency, controls, and effectiveness of team operations.


8. Builds and maintains effective working relationships across fund accounting, operations, client service, technology, and other related teams to support coordinated outcomes and service objectives.


9. Leads smaller fund accounting projects, process improvements, or components of larger initiatives with manageable risk, resource requirements, and stakeholder coordination needs.


10. Acts as a fund accounting resource for colleagues with less experience by sharing knowledge, providing guidance on processes, reconciliations, controls, systems, and supporting onboarding or skill development as needed.


11. Performs all duties according to established policies, procedures and regulatory requirements.

KNOWLEDGE / SKILLS

• In-depth conceptual and practical knowledge within own discipline, with basic knowledge of related disciplines


• Ability to solve complex problems and evaluate multiple sources of information to make sound judgments


• Strong analytical, critical thinking, and problem-solving skills


• Ability to apply best practices and identify opportunities to improve processes, services, or workflows


• Effective written, verbal, and presentation communication skills, including the ability to communicate with peers and functional management


• Strong organizational and project coordination skills, with the ability to manage multiple priorities and deadlines independently


• Ability to build effective cross-functional relationships and collaborate to achieve shared objectives


• Demonstrated judgment, adaptability, and ability to work independently in less defined situations


• Proficiency in Microsoft Office tools (Excel, Word, PowerPoint) and other relevant systems or tools used within the function

EDUCATION / EXPERIENCE

• Bachelor's degree in a relevant discipline required; advanced degree preferred.


• 5+ years of relevant experience in a related role or function required.

Working with Us

As a Northern Trust partner, you will be part of a flexible and col