Senior Consultant

Northern Trust Corp; Bengaluru; On-site; INR 1,200,000 - 2,400,000; Full time

Job summary

Northern Trust Bangalore is seeking a Senior SME in accounting to manage end-to-end accounting and transfer agency activities within Private Equity. You will act as a primary reviewer and liaison between Accounting and key stakeholders, guiding migrations, testing, and process improvements.

Ideal candidates have 9–11 years in Private Equity/fund accounting, with strong knowledge of Investran and a track record of delivering accurate, timely reports.

Qualifications

• Master or Bachelor’s degree in accounting or finance.
• 9–11 years of work experience in a Private Equity / Fund Accounting.

Responsibilities

• Establishes and develops thorough plans to meet goals and allocates resources.
• Maintains high accuracy and timeliness for all deliverables.
• Coordinate with onshore teams on migrations and onboarding of new transitions.
• Develop requirements with business and tech teams; formulate testing strategies and execute test cases.
• Identify automation opportunities to reduce risk and improve efficiency.
• Mentor and train junior staff; back up Team Lead when needed.

Skills

Accounting

Finance

Private Equity

Fund Accounting

Stakeholder Liaison

Education

Master or Bachelor's in Accounting/Finance

Tools

Investran

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 SME role in performing end to end Accounting, transfer agency activities in Private Equity Performs consulting role as a liaison between Accounting Team and key stake holders. Acts as a primary reviewer performing reviews of different activities within the business

MAJOR DUTIES AND RESPOSIBILITIES

Establishes and develops plans that are thorough, realistic, and effective in meeting goals; Incumbent will be responsible for managing available resources and work allocation. Responsible for maintaining high standard of accuracy and timeliness for all deliverables. Shows a sense of urgency; drives to closure; persists despite obstacle; strives to achieve results; pursues challenging goals and works hard to achieve them. Coordinating with the onshore team on Migrations, working closely with Managers for on-boarding new transitions. Must have strong subject matter expertise along with thorough understanding of Investran application Support and drive system changes and strategic initiatives - Elicit, analyse, outline and develop requirements by coordinating with business and technology teams. Formulate application testing strategies and test plans, execute test cases (manual or automated) and troubleshoot defects. Analyse operational procedures and processes, working with the PCA business to identify areas for automation, to reduce risk and improve efficiency. Develop subject Matter Expert for REIF and Private Equity products and business by documenting and developing knowledge base and cross-training team members across regions. Serve as a Change Advocate; establish trust within the corresponding business teams; gain enthusiasm within the teams. Performing quality assurance checks on information received internally from other supporting functions. Maintain accounting system, reviewing all fund transactions and reclassifications of journals. Handling client, audit and internal queries and acting as face of the process. Coordinate with operational teams, internal groups and external counterparties to resolve discrepancies in a timely and efficient manner; also ensure full and proper reporting to the manager of any operational issues. Maintain internal volume and review logs, ensuring all administrative and IT records are entered and updated correctly. Trouble shoot process issues, assist and answer queries of junior and new staff. Training and coaching new team members as the group grows. Contributing to process development and productivity, implementing new initiatives; Identify efficiencies and area’s for improvement to reduce risk and become more efficient. Assist managers in business development, client specific reporting / analysis request and special projects. Act as a back up for Team Lead and manage the work in his/her absence knowledge and skills

education and Qualifications:

Master / Bachelor’s degree in accounting or finance. 9-11 years of work experience in a Private Equity / Fund Accounting

PHYSICAL DEMANDS AND WORK ENVIRONMENT:

Must be able to interact and communicate with co-workers in a clear, thorough and concise manner. Work environment and physical demands are those normally associated with work either performed at office or any other location (including home), including frequent use of the computer and telephone. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential job functions unless those accommodations would impose an undue hardship or constitute a direct threat.

Eligibility for Internal partners

3 years as a Team Leader to move as a Section Manager currently at an Officer level. 24 months as a Consultant to move as a Senior Consultant. Movement within Senior Consultant and Section Manager is applicable if they have prior 36 months of people management experience.

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.

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Terms and Conditions

Candidate Privacy Notice California Applicant Privacy Notice Pay Transparency Nondiscrimination Provision (U.S) Transparency in Coverage Disclosure – North America

Reasonable Accommodation

Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the employment process, please email our HR Service Center or call 1-800-807-0302 (North America), [phone] (Asia Pacific), 1800-425-0333 (India), [phone] (Europe, Middle East and Africa) and let us know the nature of your request and your contact information.

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).