Fund Administrator & IPS Consultant

Northern Trust Corp; Chicago (IL); On-site; USD 74,000 - 126,000; Full time

Job summary

Northern Trust Corp. is seeking a Consultant, Fund Administrator for Integrated Portfolio Services in Chicago, IL. The role focuses on fund accounting, financial reporting, and close processes for client funds and vehicles.

The position requires strong technical knowledge, attention to detail, and the ability to work independently while coordinating with auditors and senior stakeholders.

Qualifications

• A college or university degree and/or relevant proven work experience is preferred.
• Experience in fund accounting, fund administration, financial services, asset servicing, or a related industry is preferred.
• A related professional qualification, such as a CPA, is preferred.

Responsibilities

• Review monthly fund and business entity closing summaries for accuracy and completeness.
• Analyze and report financial data for distribution to clients and their investors.
• Complete the monthly close of fund books and records and produce final performance results.
• Partner with clients and IPS teams to develop a thorough understanding of fund activities and transactions.
• Prepare annual and interim financial statements for funds and investment vehicles.
• Work with external auditors to support the audit process and ensure the accuracy of each fund’s annual financial statements.
• Interact with committees, senior management, and other key stakeholders as needed.
• Serve as a subject matter resource and mentor to junior team members with technical guidance and support.
• Deliver accurate, high-quality work that requires minimal revision.

Skills

Fund accounting

Financial reporting

Analytical skills

Attention to detail

Communication skills

Independence

Education

Bachelor's degree or equivalent

Job description

Northern Trust Corp. is seeking a Consultant, Fund Administrator for Integrated Portfolio Services in Chicago, IL. The role focuses on fund accounting, financial reporting, and close processes for client funds and vehicles.

The position requires strong technical knowledge, attention to detail, and the ability to work independently while coordinating with auditors and senior stakeholders.