Consultant, Fund Administration, Integrated Portfolio Services

ntrs; Chicago (IL); On-site; USD 74,000 - 126,000; Full time

Benefits offered by this job

401(k) and pension

Health & welfare benefits

Paid time off

Job summary

Northern Trust is seeking a Consultant in Fund Administration within Integrated Portfolio Services in the United States. The role supports fund accounting activities, delivers NAV calculations, financial reporting, annual statements, and audit support, collaborating with clients and internal teams to ensure timely and accurate service.

The team focuses on month-end close, financial statements, and robust client reporting, with opportunities for mentorship and involvement in meaningful projects.

Qualifications

• Bachelor's degree in Accounting, Finance, or a related field or equivalent experience.
• Strong analytical and problem-solving abilities.
• Excellent verbal and written communication skills.
• Ability to manage multiple priorities in a fast-paced environment.

Responsibilities

• Review monthly fund and business entity closing summaries.
• Analyze and prepare financial information for client and investor reporting.
• Perform month-end NAV and fund accounting activities.
• Prepare annual financial statements for funds.
• Partner with clients and internal teams to understand fund activities and resolve issues.
• Support annual audits and liaise with external auditors.
• Mentor junior team members and contribute to projects with client impact.

Skills

Analytical skills

Organizational skills

Communication skills

Multitasking

Education

Bachelor's degree in Accounting or Finance

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 Posting Title

Consultant, Fund Administration, Integrated Portfolio Services

Job Description Summary

Under general supervision, this role is responsible for supporting fund accounting activities within Integrated Portfolio Services. The Fund Administration team delivers monthly net asset value (NAV) calculations, financial reporting, annual draft financial statements, and audit and tax support for clients. This position partners closely with clients and internal stakeholders to ensure the timely and accurate delivery of fund accounting and reporting services.

Key Responsibilities

• Review monthly fund and business entity closing summaries.
• Analyze and prepare financial information for client and investor reporting.
• Perform month-end NAV and fund accounting activities.
• Prepare annual financial statements for funds.
• Partner with clients and internal teams to understand fund activities and resolve issues.
• Support annual audits and work directly with external auditors.
• Serve as a subject matter expert and mentor to junior team members.
• Participate in projects and initiatives with meaningful client and business impact.

Qualifications

• Bachelor's degree in Accounting, Finance, or a related field, or equivalent relevant experience.
• Prior experience in fund accounting, fund administration, alternative investments, or public accounting preferred.
• Strong analytical, organizational, and problem-solving skills.
• Excellent verbal and written communication skills.
• Ability to manage multiple priorities in a fast-paced, deadline-driven environment.
• Professional certifications such as CPA, ACCA, or equivalent are a plus.

Salary Range

$74,200 - 126,200 USD

• 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.

Work Authorization

Applicants 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).

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.