Chicago-Based Fund Admin Analyst — NAV & Reporting

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

Benefits offered by this job

401k and pension

Health and welfare benefits

Paid time off

Parental leave

Life & accident insurance

Job summary

Northern Trust Corp in Chicago, IL is seeking an Analyst in Fund Admin IPS to support the preparation of NAV close packages and fund accounting activities. You will assist with the maintenance of fund books, prepare financial information, and support external audits under guidance from seasoned team members.

Ideal candidates have a foundational accounting background, strong analytical skills, and attention to detail.

Qualifications

• Foundational understanding of accounting principles.
• Strong analytical and problem-solving skills.
• Strong attention to detail and commitment to accuracy.
• Good written and verbal communication skills.
• Ability to organize work and manage multiple assignments and deadlines.
• Ability to work effectively in a team environment.
• Willingness to learn investment products, fund accounting concepts, and financial reporting requirements.

Responsibilities

• Assist with the preparation of periodic fund NAV and close packages, including supporting schedules and reconciliations.
• Perform assigned fund accounting and financial reporting activities in accordance with established procedures and controls.
• Assist with the maintenance and periodic closing of fund books and records.
• Prepare and analyze supporting financial information and investigate differences or exceptions with guidance from more experienced team members.
• Assist with year-end financial statements and related supporting schedules.
• Provide information and documentation to support external audit requests.
• Collaborate with Financial Control and other fund admin teams to resolve routine accounting questions.
• Support new fund launches and conversions in Financial Control activities.
• Understand fund structures, investment products, accounting policies, and client reporting requirements.
• Respond to routine internal and client inquiries and escalate complex matters as needed.
• Participate in team projects and process-improvement initiatives.

Skills

Accounting principles

Analytical thinking

Attention to detail

Communication skills

Team collaboration

Willingness to learn

Education

Bachelor's degree

Tools

Microsoft Excel

Job description

Northern Trust Corp in Chicago, IL is seeking an Analyst in Fund Admin IPS to support the preparation of NAV close packages and fund accounting activities. You will assist with the maintenance of fund books, prepare financial information, and support external audits under guidance from seasoned team members.

Ideal candidates have a foundational accounting background, strong analytical skills, and attention to detail.