Fund Accounting Analyst: NAV & Mutual Funds

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

Job summary

Northern Trust is hiring an entry-level analyst to evaluate and reconcile mutual funds and defined contribution/benefit plans to determine NAV daily. The role involves auditing income postings, accruals, corporate actions, and preparing reports within GAAP-specified timelines.

The position emphasizes strong Excel skills, attention to detail, and the ability to analyze transactions and market movements in a fast-paced environment. Salary details are provided in the posting.

Qualifications

• Bachelor’s degree in Business preferred or relevant work experience in Fund Accounting or Mutual Fund Accounting.
• Strong Excel skills and ability to use Power suites is a plus.
• Analytical skills and attention to detail are required to research and resolve inquiries within deadlines.

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 for daily valuation.
• Analyze the impact of transactions, income positions, accruals, and corporate actions on the portfolio investments.

Skills

Excel

Education

Bachelor’s degree in Business

Tools

Microsoft Power Suite

Job description

Northern Trust is hiring an entry-level analyst to evaluate and reconcile mutual funds and defined contribution/benefit plans to determine NAV daily. The role involves auditing income postings, accruals, corporate actions, and preparing reports within GAAP-specified timelines.

The position emphasizes strong Excel skills, attention to detail, and the ability to analyze transactions and market movements in a fast-paced environment. Salary details are provided in the posting.