Senior Analyst, Fund Accounting (Pune & Bangalore) - Multiple positions

085 Northern Operating Srvs Pvt Ltd; Pune District; On-site; INR 600,000 - 850,000; Full time

Benefits offered by this job

Flexible with shifts

Job summary

Northern Trust in Pune invites a Fund Accounting professional with 2–4 years of experience to join our global operations team. You will perform fund accounting activities, ensure NAV quality, and collaborate with home locations and global teams to resolve queries and improve processes.

Flexible with shifts, you will work in a collaborative culture that values service, expertise and integrity, while supporting client reporting and risk controls within a leading financial services firm.

Qualifications

• Experience in fund accounting and administration
• 2-4 years of experience in the role
• Strong Excel skills with macros/automation
• Ability to communicate and train others
• Experience working with global teams

Responsibilities

• Understand the theoretical and technical nature of fund accounting and administration
• Perform quality assurance checks on information from other functions
• Collaborate with home locations to resolve queries
• Create and maintain procedures for funds
• Ensure compliance with controls and procedures
• Review NAV files and sign off on work
• On-board new transitions from home locations
• Meet deadlines and ensure checklists/files are complete
• Identify efficiencies to reduce risk and improve efficiency
• Utilize technology effectively for reporting and processes
• Report operational issues to the manager
• Flag delays early to manage service delivery
• Assist with training and coaching new team members

Skills

Subject matter expertise

Operations knowledge

Written and verbal communication

Problem solving

Training/knowledge sharing

Escalation management

Global team collaboration

Analytical ability

Tools

Excel macros/automation

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.

JOB DESCRIPTION TEMPLATE

Position Title: Fund Accounting Role Description: The performance of Fund Accounting related activities. Evaluates and reconciles complex funds including mutual, commingled, and collective for production of client month-end reports or for daily valuation. Verifies complex transactions, audits income reports within scheduled timeframes and resolves exceptions on a daily basis for fund accounts Core Skills & Competencies Required: Strong subject matter expertise/ knowledge of NT business Demonstrate through examples /evidence strong operations knowledge including secondary review & controls, risks & mitigation Demonstrate through examples /evidence excellent written and verbal language skills, ability to independently address technical & non-technical issues, knowledge share / training sessions conducted , proactively troubleshoot and manage escalations, and work with global teams Demonstrate through examples /evidence analytical ability, problem solving, day-to-day task management and escalation of issues Working knowledge of Excel including macros/automations within the process Sustainable performance demonstrated through examples/evidence, the above listed core skills and competencies in the current role over a period of at least 24 months Major Duties / Key Responsibilities:

• 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
• Working closely with home locations to resolve queries
• To create, maintain and update procedures for your funds
• Ensuring that you comply with all controls and procedures outlined in the procedures manual and general company policies
• Reviewing and signing off on NAV files of other team members
• Working closely with the Team Leader and Section Managers for on-boarding new transitions from home locations
• Ensure all scheduled work is completed by agreed deadlines, checklists are signed and files contain all required
• To identify efficiencies and area’s for improvement to reduce risk and become more efficient
• 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 to 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

Years of exp: 2-4 years Flexible with Shifts 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 Pune Office

The Northern Trust Pune office, established in 2016, is now home to over 3,000 employees. The office handles various functions, including Operations for Asset Servicing and Wealth Management, as well as delivering critical technology solutions that support business operations across the globe. Our Pune team takes our commitment to service to heart. In 2024, they volunteered more than 10,000+ hours into the communities where they live and work. Learn more. Looking for greater? You found it. A global financial leader with more than 22,000 employees in 23 locations worldwide, Northern Trust empowers our employees to achieve more than just business goals. Our focus on work-life balance, career mobility and unique opportunities are just a few of the reasons we’ve been named one of the world’s most admired companies.

APAC/INDIA EEO STATEMENT

It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

Canada EEO STATEMENT

Northern Trust is an Equal Opportunity Employer. Hiring and other employment decisions at Northern Trust are made without regard to race, colour, religion, sex, ancestry, national origin, ethnic origin, age, disability, citizenship, veteran status, sexual orientation, record of offences, marital status, family status, or any other characteristic protected by federal, provincial, or local law, regulation, or ordinance.

EMEA EEO STATEMENT

It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

USA EEO STATEMENT

It is the policy of The Northern Trust Company to afford equal opportunity in all phases of employment without regard to an individual's age, race, color, religion, creed, gender, national origin, citizenship status, marital status, pregnancy, sexual orientation, gender identity, gender expression, genetic tests and information, physical or mental disability, protected veteran status or any other legally protected status. EEO Know Your Rights (U.S).