Consultant, Fund Administrator, Integrated Portfolio Services

Northern Trust Corp; Chicago (IL); On-site; USD 74,000 - 126,000; Full time

Job summary

Northern Trust Corp. is seeking a Consultant, Fund Administrator for Integrated Portfolio Services in Chicago, IL. The role focuses on fund accounting, financial reporting, and close processes for client funds and vehicles.

The position requires strong technical knowledge, attention to detail, and the ability to work independently while coordinating with auditors and senior stakeholders.

Qualifications

• A college or university degree and/or relevant proven work experience is preferred.
• Experience in fund accounting, fund administration, financial services, asset servicing, or a related industry is preferred.
• A related professional qualification, such as a CPA, is preferred.

Responsibilities

• Review monthly fund and business entity closing summaries for accuracy and completeness.
• Analyze and report financial data for distribution to clients and their investors.
• Complete the monthly close of fund books and records and produce final performance results.
• Partner with clients and IPS teams to develop a thorough understanding of fund activities and transactions.
• Prepare annual and interim financial statements for funds and investment vehicles.
• Work with external auditors to support the audit process and ensure the accuracy of each fund’s annual financial statements.
• Interact with committees, senior management, and other key stakeholders as needed.
• Serve as a subject matter resource and mentor to junior team members with technical guidance and support.
• Deliver accurate, high-quality work that requires minimal revision.

Skills

Fund accounting

Financial reporting

Analytical skills

Attention to detail

Communication skills

Independence

Independence

Attention to detail

Education

Bachelor's degree or equivalent

CPA preferred

Job description

## Consultant, Fund Administrator, Integrated Portfolio ServicesApply: Chicago, IL: Full time: Posted Yesterday: R161111**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. Consultant, Fund Administrator, IPS Consultant, Fund Administrator will be working independently most of the time, this position is responsible for performing fund accounting and fund administration activities for Integrated Portfolio Services clients. The IPS Fund Administration team provides clients with monthly net asset value calculations and financial reporting, annual draft financial statements, and comprehensive tax and audit support. This role requires strong technical knowledge, attention to detail, and the ability to manage complex financial activities while delivering high-quality service to clients and their investors.MAJOR DUTIES* Review monthly fund and business entity closing summaries to ensure accuracy and completeness.* Analyze and report financial data for distribution to clients and their investors.* Complete the monthly close of fund books and records and produce final performance results.* Partner with clients and other Integrated Portfolio Services teams to develop a thorough understanding of fund activities and transactions.* Prepare annual and interim financial statements for funds and investment vehicles.* Work directly with external auditors to support the audit process and ensure the accuracy of each fund’s annual financial statements.* Perform complex activities with significant financial, client, and internal business impact.* Interact with committees, senior management, and other key stakeholders as needed.* Serve as a subject matter resource and mentor to junior team members by providing technical guidance and support.* Demonstrate advanced technical expertise in fund accounting and maintain a broad understanding of related business areas.* Deliver accurate, high-quality work that requires minimal revision.KNOWLEDGE AND SKILLS* Excellent verbal and written communication skills.* In-depth functional and industry knowledge.* Strong knowledge of fund accounting and financial reporting.* Strong analytical and problem-solving skills.* Strong technical and systems proficiency.* Highly flexible and adaptable to change.* Ability to work independently and manage multiple priorities and deadlines.* Strong attention to detail and commitment to accuracy.EXPERIENCEA college or university degree and/or relevant proven work experience is preferred. Experience in fund accounting, fund administration, financial services, asset servicing, or a related industry is preferred. A related professional qualification, such as a CPA, is preferred. #LI-HY#LI-CL1 Salary Range:$74,200 - 126,200 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.* **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).