Sr Analyst - Business Unit Financial Analysis (Asset Management)

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

Job summary

A leading financial institution seeks a skilled finance professional to join their Asset Management Finance team in Chicago. The role involves providing financial analysis and projections, improving reporting efficiencies, and communicating performance metrics with business partners. The position offers competitive compensation with comprehensive benefits, fostering a culture of collaboration and innovation in financial services.

Benefits

Comprehensive benefits package

Paid time off

Discretionary bonus program

Retirement benefits (401k and pension)

Health and welfare benefits

Qualifications

• 5+ years relevant experience in Finance or Accounting.
• Strong technical skillset with high proficiency in Microsoft Excel.
• Experience in Power BI, IBM Cognos, or other Business Intelligence tools.

Responsibilities

• Develop financial projections for monthly forecasts and annual planning.
• Drive efficiency in reporting processes using automation.
• Conduct ad hoc analysis on new products and pricing decisions.

Skills

Attention to Detail

Problem Solving

Relationship Building

Communication

Data Analytics

Financial Analysis

Education

Bachelor’s degree in relevant discipline

Tools

Microsoft Excel

Power BI

IBM Cognos

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.

This role sits within the Finance organization of Northern Trust within our Asset Management Finance team. This team supports financial reporting, planning, and analysis for Northern Trust’s Asset Management business unit. This team partners closely with both business and Finance partners to ensure accurate financial reporting, a fact-based narrative around the business, and informed projections for the direction of the business going forward.

Responsibilities:

• Partner with the Northern Trust Asset Management business to develop financial projections to inform the firm’s monthly financial forecasts, annual profit planning cycle, and multi-year strategic planning.
• Evolve and drive efficiency in existing processes leveraging automation via Power BI / Power Query.
• Assist in monthly accounting close cycle, ensuring accuracy of financial reporting.
• Conduct ad hoc analysis to model the financial impact of new product offerings, pricing decisions, or product/channel expansion.
• Participate in the design of dynamic financial metrics reporting to track performance of the business.
• Explain financial results to business partners, helping them understand the levers available to impact their financial performance.
• Partner with external firms in industry-specific financial benchmarking surveys.
• Construct reporting on key performance indicators to track progress against firm’s strategic priorities for senior leadership.

Qualifications:

• Strong attention to detail with a problem solving mindset.
• Strong relationship building skills with the ability to partner across the business and Finance functions.
• Excellent oral and written communication skills with the ability to breakdown complex financial problems into relevant pieces.
• 5+ years relevant experience in Finance or Accounting.
• Bachelor’s degree in a relevant discipline.
• Strong technical skillset with high proficiency in Microsoft Excel. Experience in Power BI, IBM Cognos, or other Business Intelligence tools.
• Experience in Data Analytics a plus.

#LI-Hybrid

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.