Technical Coordinator, Treasury & Budgeting

Northern Trust Corp.; Chicago (IL); Hybrid; USD 55,000 - 88,000; Full time

Benefits offered by this job

Hybrid work model

Comprehensive benefits package

Discretionary bonus program

Job summary

Northern Trust Corp. in Chicago, IL, is seeking a Treasury & Budgeting professional to process and manage fund expenses. The role balances independent work with general supervision, focusing on accurate, timely expense handling and client interactions.

The position requires a Bachelor’s degree in Accounting or Finance, 5 years of fund expense experience, and strong MS Office skills. It operates on a hybrid model with a robust benefits package and a discretionary bonus program.

Qualifications

• Bachelor’s degree in Accounting or Finance or equivalent work experience.
• 5 years of fund expense administration experience.
• Advanced skills in MS Word, Excel and PowerPoint.

Responsibilities

• Prepare, review and deliver schedule monthly, quarterly and annual Fund expenses.
• Update, prepare and revise any fee based expense accruals to the Fund Accounting system.
• Properly track, allocate and post expenses in the Fund Accounting records.
• Prepare requests for payment of Invoices related to Fund Expenses.
• Regularly interact with clients to facilitate invoice payments and fund budgets.
• Prepare expense reports for Semi-Annual, Annual and Prospectus reporting.

Skills

MS Word

MS Excel

MS PowerPoint

Education

Bachelor's degree in Accounting or Finance

Tools

MS Word

Excel

PowerPoint

Job description

About Northern TrustAs 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.Under general supervision (but works independently most of the time) responsible for processing and handling transactions for the Treasury & Budgeting group (T&B).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.Treasury/Budgeting:Prepare, review and deliver schedule monthly, quarterly and annual Fund expenses.Update, prepare and revise any fee based expense accruals to the Fund Accounting system.Properly track, allocate and post expenses in the Fund Accounting records.Prepare requests for payment of Invoices related to Fund Expenses.Regularly interact with clients to facilitate invoice payments and fund budgets.Prepare expense reports for Semi-Annual, Annual and Prospectus reporting.General Role Guidelines/Expectations:Ensures that the team/divisions goals for accuracy and timeliness are maintained.Escalates relevant and critical issues to management and all required partner areas in a timely manner.Reviews and maintains all roles and deadlines for assigned relationships.Follows core procedures, checklists and client specific procedures on a daily and monthly basis.Carries out complex activities with significant financial, client, and/or internal business impact.May have direct interaction with committees and/or senior managementAble to serve as a subject matter expert and mentor more junior level employeesMore technically sound in area of expertise and has broader knowledge of other areas.Qualifications:Bachelor’s degree in Accounting or Finance or equivalent work experience.5 years of fund expense administration experience.Advanced skills in MS Word, Excel and PowerPoint.#LI-GG1#LI-HybridSalary Range:$55,200 - 88,400 USDSalary 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 AuthorizationApplicants 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 UsAs 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 AccommodationNorthern 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.