Consultant, Fund Admn, HFS

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

Job summary

Northern Trust is seeking a professional to oversee monthly fund and entity closings, analyze financial data, and prepare fund statements for clients and investors in a global wealth management and asset servicing environment.

The role involves collaboration with external auditors, interaction with senior teams, and mentoring junior staff to deliver accurate, timely results. A strong communications skill set and broad industry knowledge are essential.

Qualifications

• Excellent oral and written communication skills are required.
• In-depth functional / industry knowledge is required.
• Highly flexible and adaptable to change.
• Technical skills / systems knowledge is required.

Responsibilities

• Review monthly fund and business entity closing summaries.
• Report and analyze financial data for clients and investors.
• Close monthly books and records of the funds to final performance figures.
• Interact with clients and Hedge Fund Services teams to understand funds activities.
• Prepare financial statements for funds.
• Work with external auditors to ensure accuracy of each fund's annual financial statements.
• Carry out complex activities with significant financial, client, and internal business impact.
• May have direct interaction with committees and/or Senior Management.
• Able to serve as a key subject matter expert and mentor to other more junior level employees.
• Delivers a work product that requires less revision.

Skills

Communication

Industry knowledge

Flexibility

Technical skills

Education

College degree

ACCA qualification

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.

Major Duties

• Review of monthly fund and business entity closing summaries.
• Report and analyze financial data to be disseminated to our clients and their investors.
• Close monthly books and records of the funds to general final performance figures.
• Interact with clients and other Hedge Fund Services teams to obtain understanding of funds activities.
• Prepare financial statements for funds.
• Work directly with external auditors to ensure accuracy of each funds annual financial statements.
• Carries out complex activities with significant financial, client, and/or internal business impact.
• May have direct interaction with committees and/or Senior Management.
• Able to serve as a key subject matter expert and mentor to other more junior level employees.
• More technically sound in area of expertise and has broader knowledge of other areas.
• Delivers a work product that requires less revision.

Knowledge

• Excellent oral and written communication skills are required
• In-depth Functional / Industry Knowledge is required
• Highly flexible and adaptable to change
• Technical skills / systems knowledge is required

Experience

• A College or University degree and/or relevant proven work experience is preferred.
• Related Industry qualification (e.g. ACCA) is preferred

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).

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.