Sr Consultant, Financial Reporting

Northern Trust; Tempe (AZ); On-site; USD 74,700 - 126,900; Full time

Job summary

Northern Trust is seeking a Sr. Consultant in the Financial Reporting group to assist with annual audits and SEC filings for a diverse set of investment fund types. The role focuses on U.S.

GAAP, SEC filings, and derivatives, with experience in fund statements, notes, and coordination of audits. The ideal candidate has 6–8+ years in Fund Administration/Financial Reporting, 3+ years in supervision, and a CPA or accounting degree preferred.

Qualifications

• 6 - 8+ years of recent experience in Fund Administration/Financial Reporting industry or related relevant industry.
• 3+ years of supervisory or management experience.
• Degree in accounting or CPA preferred
• Advanced knowledge of Microsoft products
• Knowledge of Global InvestOne, Bloomberg and financial reporting systems a plus

Responsibilities

• Management of the day to day operations of clients, including the organization of reporting cycles.
• Review of staff preparations of fund financial statements and schedules of investments as well as coordination and drafting of the notes to the financial statements for annual and semiannual shareholder reports for registered and non-registered funds.
• Manage fund and audit/client cycle deadlines to ensure deliverables are met and completing reviews to ensure accurate and timely filings.
• Acts as point of contact for Financial Reporting group to external clients
• Review of staff preparations of SEC filings such as N-MFP for registered mutual funds.
• Coordination of audits related to auditor open items and client questions and comments.
• Technical resource for staff regarding questions related to new investment/derivative products, financial statement preparation questions and auditor questions.
• Responsible for interacting with various business areas to determine automation needs and provide ongoing systems support

Skills

US GAAP

SEC filings

Derivatives

Communication skills

Deadline management

Ambiguity handling

Integrity

Education

Accounting degree

CPA preferred

Tools

Microsoft Office

Bloomberg

Global InvestOne

DFIN Arc Reporting

Job description

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.

Summary

The Financial Reporting group provides internal and external clients with assistance related to the annual audits and/or SEC filings across a diverse set of investment company types. The group is responsible for the preparations and reviews of fund financial statements in a timely manner while also ensuring accuracy and quality of the reports. The group provides assistance to audit firms in the processes and procedures associated with their annual fund audits for both the registered and non-registered fund base, as well as ensuring the timely and accurate filing of some SEC forms. The group is currently looking for a Sr. Consultant who possesses experience and expertise in the matters of U.S. GAAP, SEC filings and has deep working knowledge of derivatives.

Knowledge/Skills:

• Detailed knowledge of financial statements, and prior experience in review thereof
• Working knowledge of 1940 Act rules & regulations, forms N-CSR, N-MFP, N-PORT & N-CEN
• Generally Accepted Accounting Principles(GAAP), including such topics as ASC 815 & 820
• Knowledge and experience with DFIN Arc Reporting and Bloomberg are a plus.
• Detail oriented with excellent verbal and written communication skills
• Ability to manage deadlines
• Ability to make difficult decisions and work with limited supervision
• Ability to work in a fast paced environment and manage ambiguity and complexity
• Strong performer with high standards of integrity & work ethic

Major Duties:

• Management of the day to day operations of clients, including the organization of reporting cycles.
• Review of staff preparations of fund financial statements and schedules of investments as well as coordination and drafting of the notes to the financial statements for annual and semiannual shareholder reports for registered and non-registered funds.
• Manage fund and audit/client cycle deadlines to ensure deliverables are met and completing reviews to ensure accurate and timely filings.
• Acts as point of contact for Financial Reporting group to external clients
• Review of staff preparations of SEC filings such as N-MFP for registered mutual funds.
• Coordination of audits related to auditor open items and client questions and comments.
• Technical resource for staff regarding questions related to new investment/derivative products, financial statement preparation questions and auditor questions.
• Responsible for interacting with various business areas to determine automation needs and provide ongoing systems support

Experience Required:

• 6 - 8+ years of recent experience in Fund Administration/Financial Reporting industry or related relevant industry
• 3+ years of supervisory or management experience.
• Degree in accounting or CPA preferred
• Advanced knowledge of Microsoft products
• Knowledge of Global InvestOne, Bloomberg and financial reporting systems a plus

Salary Range:

$74,700 - 126,900 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).

Working with Us

As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve.

Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.

Reasonable Accommodation

Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at [e-mail], or alternatively you can discuss your individual requirements with the recruiter you are working with.