Fund Administration Analyst - NAV & Reporting

The Northern Trust Company; Chicago (IL); On-site; USD 48,000 - 72,000; Full time

Benefits offered by this job

Retirement benefits

Health and welfare benefits

Paid time off

Parental and caregiver leave

Life and accident insurance

Discretionary bonus program

Job summary

The Northern Trust Company is seeking a Fund Accountant to assist in preparing fund NAV and close packages, perform fund accounting tasks, and help maintain fund books and records. You will analyze financial information and support audit requests while collaborating with Financial Control and other fund administration teams.

Ideal candidates have a foundational accounting background, strong analytical skills, and attention to detail.

Qualifications

• Bachelor's degree in Accounting, Finance, Business, Economics, or a related field preferred.
• Prior professional fund accounting experience is not required.
• Internship, co‑op, coursework, or other exposure to accounting, finance, investment management, or financial services is beneficial.
• Relevant progress toward or interest in professional qualifications may be beneficial but is not required.

Responsibilities

• Assist with the preparation of periodic fund NAV and close packages, including supporting schedules and reconciliations.
• Perform assigned fund accounting and financial reporting activities in accordance with established procedures and controls.
• Assist with the maintenance and periodic closing of fund books and records.
• Prepare and analyze supporting financial information and investigate differences or exceptions with guidance from more experienced team members.
• Assist with the preparation of year-end financial statements and related supporting schedules.
• Provide information and documentation to support external audit requests.
• Work with Financial Control and other fund administration teams to understand fund activity and resolve routine accounting and reporting questions.
• Assist with Financial Control activities associated with new fund launches and conversions.
• Develop an understanding of fund structures, investment products, accounting policies, and client-specific reporting requirements.
• Respond to routine internal and client inquiries with appropriate guidance and elevate more complex matters when necessary.
• Participate in team projects, process-improvement initiatives, and efforts to improve the efficiency of Financial Control processes.
• Use available technology and reporting tools to support accurate and timely completion of assigned responsibilities.

Skills

Analytical skills

Attention to detail

Written communication

Verbal communication

Teamwork

Time management

Investment products

Problem solving

Accounting basics

Education

Bachelor's degree in Accounting/Finance

Tools

Microsoft Excel

Office suite

Job description

The Northern Trust Company is seeking a Fund Accountant to assist in preparing fund NAV and close packages, perform fund accounting tasks, and help maintain fund books and records. You will analyze financial information and support audit requests while collaborating with Financial Control and other fund administration teams.

Ideal candidates have a foundational accounting background, strong analytical skills, and attention to detail.