Manager, Prvt Equity Acctng

Northern Trust Corp; Chicago (IL); Hybrid; USD 103,000 - 175,200; Full time

Benefits offered by this job

Comprehensive benefits package

Discretionary bonus program

Retirement benefits (401k & pension)

Job summary

Northern Trust Corp in Chicago is seeking a Manager for Private Equity Accounting. The role focuses on managing the Private Equity Accounting group, ensuring effective team performance, and contributing to strategic business initiatives.

The successful candidate will balance time between working in the office and from home in a hybrid model. Candidates should have strong communication skills, industry knowledge, and proven leadership abilities. The salary range for this position is $103,000 - $175,200 USD.

Qualifications

• Proven work experience in a relevant role.
• Ability to manage and motivate team members.
• Strong technical skills and systems knowledge.

Responsibilities

• Manage the Private Equity Accounting group.
• Conduct performance management processes.
• Participate in strategic planning and budget management.

Skills

Excellent oral and written communication

In-depth functional/industry knowledge

Flexibility and adaptability to change

Leadership and organizational skills

Education

College or University degree

Related industry qualification

Job description

## Manager, Prvt Equity AcctngApplylocations: Chicago, ILtime type: Full timeposted on: Posted Yesterdayjob requisition id: R156542**About Northern Trust** As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions. Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide. With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service. **Department Overview:**Private Capital Administration provides third-party clients with comprehensive administration, financial accounting, and investor reporting services for their funds. Fund products supported include venture capital, buyout, mezzanine, life sciences, secondaries, fund of funds. Services include assistance with investment and divestment execution, investor drawdown and distributions, financial reporting and investor reporting.**Working Model:** HybridWe have a balanced hybrid working model to ensure you get the flexibility you need, and the successful candidate will spend their time between working in the office and working from home.**Major Duties :**1.Responsible for managing the Private Equity Accounting group(s). 2.Conducts the performance management process, identifies training and development needs, and establishes performance standards for the relevant groups. 3.Makes staffing decisions, and ensures resources are available to accomplish priorities. 4.Participates in developing/provides input and support to the strategic plan and budge management process. 5.Provides additional leadership support within large specialized groups. 6. Seasoned multi-disciplinary expert with extensive technical and / or business knowledge and functional expertise 7. Focus of role is on execution of strategic direction of business function activities 8. Carries out complex initiatives involving multiple disciplines and/or ambiguous issues 9. Displays a balanced, cross-functional perspective, liaising with the business to improve efficiency, effectiveness and productivity 10. Conducts performance management and career development processes, provides input for staffing and disciplinary actions and provides hands-on training to staff 11. Develops periodic goals, organizes the work, sets short-term priorities, monitors all activities, and ensures timely and accurate completion of the work. 12. Provides input and support to budget management process**Knowledge :*** Excellent oral and written communication skills are required* In-depth Functional / Industry Knowledge is required* Highly flexible and adaptable to change* Technical skills / systems knowledge is required* Leadership and organizational skills are required to develop periodic goals and to manage and motivate team members towards the goals set.* #LI-Hybrid* #LI-GG1**Experience :*** A College or University degree and/or relevant proven work experience is required / preferred.* Related Industry qualification is required / preferredSalary Range:$103,000 - 175,200 USD*Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.* **Work Authorization** Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).