Senior Consultant, Fund Administrator, Hedge Fund Services

Northern Trust; Chicago (IL); On-site; USD 83,000 - 142,000; Full time

Job summary

A leading financial institution is seeking a candidate for Hedge Fund Services. The role involves reviewing financial statements, leading teams, and improving processes in a dynamic environment. Ideal candidates will have a strong accounting background, experience in Financial Services, and excellent communication skills.

Benefits

Comprehensive benefits package

401k and pension

Health and welfare benefits

Paid time off

Discretionary bonus program

Qualifications

• Minimum 3-5 years’ experience in Financial Services.
• Experience with Investment Management; Hedge Fund specific a plus.
• Big 4 public accounting experience a plus.

Responsibilities

• Review month-end net asset valuation packages.
• Drive accounting responsibilities for new client launches.
• Work with technology resources to improve processes.

Skills

Communication

Analytical skills

Organizational skills

Problem-solving skills

Client focused

Education

Bachelor’s degree with emphasis in Accounting

Master’s degree

CPA designation

Tools

Microsoft Excel

MS Office applications

Job description

About Northern Trust:

Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.

Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

Summary:

The job involves working for Northern Trust Hedge Fund Services, a Global fund administrator, specializing in administering assets of complex hedge funds. The successful candidate will be an ambitious self-starter who has demonstrated the ability to function as an effective and strategic member in a dynamic, fast-paced and demanding environment. This individual will have a strong technical accounting background, experience working within the Financial Services industry and a proven track record of working well with and leading others.

Key Duties and Responsibilities:

• Review month-end net asset valuation packages
• Review year-end Financial Statements and work directly with external auditors and client to ensure accuracy of each fund’s annual reports
• Interact with client and other shared services teams to obtain understanding of funds’ activities on a month-to-month basis
• Work closely with technology resources to problem solve and improve processes that increase scalability
• Drive the accounting responsibilities related to new client launches and conversions
• Assist in building a high-performance team through learning, development and recruiting
• Actively participate within Financial Control working groups responsible for executing strategic initiatives
• Work integrally with international partners to troubleshoot queries and provide feedback related to the compilation of the month end net asset valuation packages

Knowledge / Skills:

• Excellent written and oral communication skills
• Proficient in Microsoft Excel and other MS Office applications
• Ability to manage multiple tasks simultaneously and with accuracy
• Excellent analytical, organizational and problem-solving skills
• Ability to work independently and cooperatively within a team environment
• Client focused

Experience:

• A minimum of 3-5 years’ experience
• Experience with Investment Management and/or Financial Services; Hedge Fund specific a plus
• CPA designation a plus
• Bachelor’s degree with emphasis in Accounting, Master’s degree a plus
• Big 4 public accounting experience a plus

Salary Range:

$83,100 - 141,300 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.

Working with Us:

As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.

Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve!Join a workplace with a greater purpose.

We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies! Build your career with us andapply today.#MadeForGreater

Reasonable accommodation

Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at [e-mail].

We hope you’re excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.

Apply today and talk to us about your flexible working requirements and together we can achieve greater.