Entry-Level Fund Accountant: NAV & Reconciliation

NACBA; Boston (MA); On-site; USD 43,000 - 65,000; Full time

Job summary

Northern Trust in Boston, MA is seeking an entry-level Fund Accountant to build a foundation in investment operations and financial reporting. The role is ideal for recent graduates or early-career professionals interested in accounting, finance, and investment funds.

You will help prepare records, verify NAVs, reconcile accounts, and support process improvements while emphasizing controls and accuracy in a collaborative environment.

Qualifications

• Bachelor’s degree in Accounting, Finance, Business, or related field.
• Strong analytical and problem-solving skills.
• High attention to detail and accuracy.
• Proficiency in Microsoft Excel.
• Strong communication and teamwork skills.
• Prior internship or accounting/finance experience is a plus.

Responsibilities

• Prepare and maintain daily, weekly, and monthly fund accounting records.
• Assist in the calculation and verification of Net Asset Values (NAVs) for investment funds.
• 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 corporate actions.
• Ensure adherence to internal controls, policies, and operating procedures.
• Participate in process improvement initiatives to enhance efficiency and reduce operational risk.

Skills

Analytical thinking

Problem-solving

Attention to detail

Excel proficiency

Communication

Teamwork

Education

Bachelor's degree in Accounting/Finance

Tools

Microsoft Excel

Job description

Northern Trust in Boston, MA is seeking an entry-level Fund Accountant to build a foundation in investment operations and financial reporting. The role is ideal for recent graduates or early-career professionals interested in accounting, finance, and investment funds.

You will help prepare records, verify NAVs, reconcile accounts, and support process improvements while emphasizing controls and accuracy in a collaborative environment.