Analyst, Fund Administration, Omnium Services

Northern Trust Corp; Chicago (IL); On-site; USD 48,000 - 72,000; Full time

Benefits offered by this job

401k and pension benefits

Health and welfare benefits

Paid time off

Discretionary bonus program

Job summary

Northern Trust Corp in Chicago is seeking an Analyst for their Omnium Services team. This role supports fund administration and financial reporting for a multi-billion hedge fund, ideal for recent accounting or finance graduates.

Key responsibilities include preparing financial statements, assisting with monthly NAV close, and working collaboratively with senior team members to contribute to process improvements. A strong attention to detail and proficiency in Excel are essential.

Qualifications

• Basic understanding of accounting principles (debits/credits, financial statements).
• Willingness to learn financial systems.
• Relevant coursework or internship experience preferred.

Responsibilities

• Assist in preparation of monthly fund NAV and business entity close support.
• Compile, validate, and organize financial data for clients.
• Prepare audit support documentation and respond to auditor requests.

Skills

Attention to detail

Organizational skills

Effective communication

Microsoft Excel proficiency

Education

Bachelor's degree in Accounting, Finance, or related field

Tools

Subledger

ERP systems

Investor accounting platforms

Job description

## Analyst, Fund Administration, Omnium ServicesApplylocations: Chicago, ILposted on: Posted Todayjob requisition id: R156899**About Northern Trust:**Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.The Analyst role on the Omnium Services team supports core fund administration and financial reporting activities for a multi-billion hedge fund client. This position is designed for a recent accounting or finance graduate and focuses on executing defined processes related to monthly NAV close, investor accounting, and financial reporting under the guidance of senior team members.The Analyst will assist with data preparation, reconciliations, journal entries, and financial reporting deliverables while developing an understanding of fund structures, accounting processes, and internal and client systems.**Major Duties**Assist in preparation of monthly fund NAV and business entity close support and schedules; escalate items for reviewCompile, validate, and organize financial data for dissemination to clients and investorsSupport monthly close process through preparation and first level review of journal entries, supporting schedules, and reconciliations under supervisionAssist in preparation of financial statements and supporting schedules for fundsPrepare audit support documentation and respond to auditor requests with guidance from senior team membersParticipate in team learning and development opportunitiesExecute assigned tasks and support team deliverables while building technical and foundational knowledge of business unit and fund administration processesPerform defined tasks within established processes and escalate issues as appropriateSupport process execution and contribute to continuous improvement initiatives by identifying issues or inefficiencies**Knowledge*** Basic understanding of accounting principles (debits/credits, financial statements)* Strong attention to detail and organizational skills* Effective written and verbal communication skills* Ability to follow established procedures and meet deadlines* Proficiency in Microsoft Excel* Willingness to learn financial systems (e.g., Subledger, ERP, investor accounting platforms)* Ability to work in a collaborative, team-based environment**Experience*** Bachelor’s degree in Accounting, Finance, or related field required* Relevant work experience preferred; recent grads with relevant coursework or internship experience may be consideredApplicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa)Salary Range:$48,000 - 72,000 USD*Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.***Working with Us:**As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater **Reasonable accommodation**Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at [e-mail] hope you’re excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.Apply today and talk to us about your flexible working requirements and together we can achieve greater.