Senior Consultant, Fund Accounting

Northern Trust; Sydney; On-site; AUD 120,000 - 180,000; Full time

Job summary

Northern Trust in Australia is seeking a Senior Consultant, Fund Accounting to oversee Unit Pricing and Unit Registry for FA clients. The Melbourne team signs off and acts as the first client contact, with pricing done in Bangalore and Manila.

You will collaborate across Australia FA teams, manage hard close, month-end processes, and participate in new client implementations and transitions. The role reports to the Manager, Fund Accounting, with Melbourne or Sydney as possible bases.

Qualifications

• Bachelor’s degree required; advanced degree preferred.
• 5+ years of relevant experience in a related role or function.
• Knowledge of fund accounting is beneficial.

Responsibilities

• Plan and execute fund accounting work aligned to team priorities.
• Lead development and enhancements of fund accounting processes and controls.
• Analyze accounting data, cash activity, and reconciliations to identify trends and risks.
• Resolve complex fund accounting issues with sound judgment and best practices.
• Monitor progress of deliverables and communicate updates to stakeholders.
• Ensure timely, accurate fund accounting deliverables and compliance.
• Develop or improve documentation, tools, and templates for efficiency.
• Collaborate across fund accounting, operations, client service, technology teams.
• Lead smaller fund accounting projects and knowledge sharing with peers.
• Offer guidance to colleagues and support onboarding and skill development.

Skills

Analytical skills

Problem solving

Communication

Project coordination

Cross-functional collaboration

Microsoft Office

Independent work

Education

Bachelor’s degree in a relevant discipline

Tools

Excel

Word

PowerPoint

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.

Job Description

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 collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve.

Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.

Reasonable Accommodation

Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at [e-mail], or alternatively you can discuss your individual requirements with the recruiter you are working with.