Fund Administration Analyst: NAV, Reporting & Client Support

ACCA Careers; Chicago (IL); On-site; USD 48,000 - 72,000; Full time

Benefits offered by this job

401k and pension

Medical/dental/vision

Paid time off

Job summary

Northern Trust is seeking an IPS Analyst in Fund Administration to support monthly NAV close, journal entries, and reconciliations for a marquee hedge fund client. You will learn fund accounting concepts, financial reporting, and client service in a collaborative team environment.

You will gain exposure to fund structures, invest‑oriented systems, and the IPS processes that drive accurate reporting and audit readiness while starting with clearly defined tasks and progressing as you develop

Qualifications

• Basic understanding of accounting principles, including debits and credits.
• Strong attention to detail and ability to stay organized.
• Clear written and verbal communication skills.
• Ability to follow established procedures, manage priorities, and meet deadlines.
• Proficiency in Microsoft Excel.
• Interest in learning financial systems such as ERP or investor accounting platforms.
• Bachelor’s degree in Accounting or Finance required.
• Relevant work experience preferred; recent graduates may be considered.

Responsibilities

• Help prepare monthly fund NAV close and related schedules.
• Gather and organize financial data shared with clients and investors.
• Support monthly close by preparing journal entries and reconciliations.
• Assist with financial statements and supporting schedules for funds.
• Prepare audit support materials and respond to auditor requests.
• Participate in team learning and development opportunities.
• Contribute to process improvements for client deliverables.

Skills

Attention to detail

Clear communication

Time management

Team collaboration

Education

Bachelor’s degree in Accounting or Finance

Tools

Microsoft Excel

ERP systems

Subledger systems

Job description

Northern Trust is seeking an IPS Analyst in Fund Administration to support monthly NAV close, journal entries, and reconciliations for a marquee hedge fund client. You will learn fund accounting concepts, financial reporting, and client service in a collaborative team environment.

You will gain exposure to fund structures, invest‑oriented systems, and the IPS processes that drive accurate reporting and audit readiness while starting with clearly defined tasks and progressing as you develop