Entry-Level Fund Accountant—Investment Operations

Northern Trust Corp; Massachusetts; Hybrid; USD 43,000 - 65,000; Full time

Benefits offered by this job

401k

Pension

Health benefits

Dental & Vision

Paid time off

Parental leave

Life & disability insurance

Job summary

Northern Trust Corp is hiring an Associate Accountant in Fund Accounting for positions in Boston, MA or Chicago, IL. This entry-level role supports investment operations and financial reporting, ideal for recent graduates or early-career professionals.

You will work on NAV calculations, reconciliations, and transaction processing while upholding internal controls and contributing to efficiency improvements.

Qualifications

• Bachelor's degree in Accounting, Finance, Business, or related field.
• Strong analytical and problem-solving skills.
• High attention to detail and accuracy; proficient in Excel.
• Strong communication and teamwork abilities.

Responsibilities

• Prepare and maintain daily, weekly, and monthly fund accounting records.
• Assist in the calculation and verification of Net Asset Values (NAVs).
• Reconcile cash, securities, and other balance sheet accounts.
• Monitor and resolve accounting breaks and reconciliation discrepancies.
• Process and review investment transactions, including purchases, sales, income, and actions.
• Ensure adherence to internal controls, policies, and procedures.
• Participate in process improvement initiatives to enhance efficiency and reduce risk.

Skills

Analytical thinking

Problem-solving

Attention to detail

Communication skills

Teamwork

Education

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

Tools

Microsoft Excel

Job description

Northern Trust Corp is hiring an Associate Accountant in Fund Accounting for positions in Boston, MA or Chicago, IL. This entry-level role supports investment operations and financial reporting, ideal for recent graduates or early-career professionals.

You will work on NAV calculations, reconciliations, and transaction processing while upholding internal controls and contributing to efficiency improvements.