Junior Fund Accountant – NAV & Reconciliation

Northern Trust Corp.; Boston (MA); On-site; USD 43,000 - 65,000; Full time

Benefits offered by this job

401k and pension

Health and welfare benefits

Paid time off

Parental and caregiver leave

Discretionary bonus program with an in

Job summary

Northern Trust in Boston is seeking an Entry-Level Fund Accountant to build a strong foundation in investment operations and financial reporting. This role is ideal for recent graduates or early-career professionals interested in accounting, finance, and investment funds.

Key responsibilities include preparing and maintaining fund accounting records, assisting NAV calculations, reconciling accounts, and processing investment transactions.

Qualifications

• Bachelor's degree in Accounting, Finance, Business, or related field.
• Strong analytical and problem-solving skills.
• High attention to detail and accuracy.

Responsibilities

• Prepare and maintain daily, weekly, and monthly fund accounting records.
• Assist in NAV calculations for investment funds.
• Reconcile cash, securities, and balance sheet accounts.
• Monitor and resolve accounting breaks and reconciliation discrepancies.
• Process and review investment transactions (purchases, sales, income, and corporate actions).

Skills

Analytical

Attention to detail

Communication

Teamwork

Excel proficiency

Education

Bachelor's degree in Accounting, Finance, Business, or related field

Tools

Microsoft Excel

Job description

Northern Trust in Boston is seeking an Entry-Level Fund Accountant to build a strong foundation in investment operations and financial reporting. This role is ideal for recent graduates or early-career professionals interested in accounting, finance, and investment funds.

Key responsibilities include preparing and maintaining fund accounting records, assisting NAV calculations, reconciling accounts, and processing investment transactions.