Fund Accounting Analyst: NAV, Fund Reconciliation & Plans

ACCA Careers; Tempe (AZ); On-site; USD 41,000 - 62,000; Full time

Job summary

Northern Trust is seeking an entry level analyst to support NAV calculation and daily valuation for defined contribution and defined benefit plans. You will analyze fund activity, reconcile holdings, and prepare client reports under supervision.

The role emphasizes accuracy, attention to detail, and timely delivery in a fast-paced environment. Strong Excel skills and knowledge of fund accounting are required, with visa sponsorship not available.

Qualifications

• Bachelor’s degree in Business preferred or relevant fund accounting experience.
• Strong Excel skills and familiarity with Power Suite.
• Analytical, detail-oriented, and able to meet deadlines.
• Authorized to work in the U.S. without visa sponsorship.

Responsibilities

• Determine Net Asset Value (NAV) for defined contribution and defined benefit plans on a daily basis.
• Evaluate and reconcile funds including mutual, separately managed, commingled, and collective funds, often compared against a benchmark, for daily valuation.
• Analyze the impact of transactions, income positions, accruals, and corporate actions on the portfolio investment options.
• Audit and resolve exceptions on assigned accounts according to procedures and within scheduled timeframes.
• Assist in the timely preparation of monthly and annual reports and financial statements in accordance with GAAP.
• Record and respond to partner and client inquiries resolving exceptions related to accounts.
• Value funds on a daily basis.
• Provide client portfolio and 5500 reporting on an annual basis.

Skills

Excel

Analytical skills

Attention to detail

Multi-tasking

Financial analysis

Education

Bachelor's in Business

Tools

Microsoft Power Suite

Job description

Northern Trust is seeking an entry level analyst to support NAV calculation and daily valuation for defined contribution and defined benefit plans. You will analyze fund activity, reconcile holdings, and prepare client reports under supervision.

The role emphasizes accuracy, attention to detail, and timely delivery in a fast-paced environment. Strong Excel skills and knowledge of fund accounting are required, with visa sponsorship not available.