P1, Assoc Consultant - Northern Trust - Bangalore, INDIA

CFA Institute; Bengaluru; Sur place; INR 1 200 000 - 2 000 000; Plein temps

Résumé du poste

Northern Trust in Bengaluru is seeking a seasoned professional for Private Equity fund accounting and reporting. You will perform PE fund accounting tasks, ensure accurate reconciliation, and support client deliverables with rigor.

The role requires 4–6 years in financial services, familiarity with capital calls, distributions, and carried interest, and the ability to coordinate with global teams. A finance degree and professional credentials are preferred.

Qualifications

• Bachelor's or Master's degree with emphasis in Finance and Accounting.
• Knowledge of accounting principles and procedures.
• Flexible for shifts and extended working hours as per business requirements.

Responsabilités

• To have a thorough understanding of the theoretical and technical nature of fund accounting and administration.
• Perform quality assurance checks on information received internally from other supporting functions.
• Carry out complex transactions surrounding all PE Fund activity including capital calls and distributions.
• Work closely with home locations to resolve queries.
• Create, maintain and update procedure documents and client specifications.
• Comply with controls and procedures and company policies.
• Review quarterly reports and reconcile daily activities.
• Lead transitions from home locations and support new projects.
• Identify efficiencies to reduce risk and improve processes.

Connaissances

Fund accounting

Financial reporting

Accounting principles

Financial markets

Formation

Bachelor's degree in Finance/Accounting

Master's degree in Finance/Accounting

Description du poste

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.

Major Duties

• Partner Capital Account Preparation (PCAPs)
• Valuations Process
• Waterfall calculations
• Financial Statements

ROLES & RESPONSIBILITIES - PRIVATE EQUITY

• To have a thorough understanding of the theoretical and technical nature of fund accounting and administration
• Performing quality assurance checks on information received internally from other supporting functions
• Carry out relatively complex, extensive, high profile transactions surrounding all PE Fund activity e.g. capital calls, distributions, investment purchases, divestments, carried interest calculations etc.
• Working closely with home locations to resolve queries
• To create, maintain and update procedure documents and client specifications
• Comply with all controls and procedures outlined in the procedures manual and general company policies
• Reviewing and signing off on quarterly reports/daily reconciliation prepared by team members
• Working closely with the Team Leader and Section Manager on new transitions from home locations
• Ensure all scheduled work is completed by agreed deadlines and checklists are duly signed
• Identify efficiencies and areas of improvement to reduce risk and put controls to make the process more efficient and robust.
• Ensuring that technology available is being fully utilized in the most efficient manner
• To ensure full and proper reporting to the manager of any operational issues
• Where delays are expected, flag any service delivery issues as early as possible
• Ongoing review of daily controls and communications of any new idea(s) or suggested procedural changes
• To assist with training and coaching new team members as the group grows
• Lead/participate in implementing new technology and efficiency initiatives/projects as needed.

Knowledge

• Bachelor's or Master's degree with emphasis in Finance and Accounting, CA/CPA/CMA/CFA is an added advantage
• Knowledge of accounting principles and procedures, familiarity with financial markets and instruments
• Should be flexible for shifts and extended working hours as per business requirements

Experience

• Minimum 4-6 years of work experience in financial industry with at least 2 years in the Fund Accounting and Reporting Industry or a freshly qualified CA/CPA/CMA/CFA

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.

About Our Bangalore Office

The Northern Trust Bangalore office, established in 2005, is home to over 5,600 employees. In this stunning office space, we offer fantastic amenities which include our Arrival Hub - Jungle, the GameZone, and the Employee Experience Zone that appeal to both clients and employees. Learn more.