Technical Coordinator, Treasury & Budgeting

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

Benefits offered by this job

401k and pension

Health and welfare benefits

Paid time off

Job summary

Northern Trust seeks an experienced Treasury/Budgeting professional to process and handle transactions for the T&B group, coordinating with clients and Interacting with management. The role operates in a balanced hybrid environment, requiring attention to accuracy and timely deliverables.

The candidate should have a Bachelor’s degree in Accounting or Finance and at least 5 years’ fund expense administration experience, with strong MS Word, Excel, and PowerPoint skills.

Qualifications

• Bachelor’s degree in Accounting or Finance or equivalent work 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

Excel

PowerPoint

Education

Bachelor’s degree in Accounting or Finance

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.

Role Overview

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: Hybrid

We 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 management.
• Able to serve as a subject matter expert and mentor more junior level employees.
• More 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.

Salary Range

$55,200 - 88,400 USD. Salary range is a good faith estimate of base pay.

Benefits

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.

You found it. A global financial leader with more than 22,000 employees in 23 locations worldwide, Northern Trust empowers our employees to achieve more than just business goals. Our focus on work-life balance, career mobility and unique opportunities are just a few of the reasons we’ve been named one of the world’s most admired companies.

Terms and Conditions

Candidate Privacy Notice California Applicant Privacy Notice Pay Transparency Nondiscrimination Provision (U.S) Transparency in Coverage Disclosure – North America Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities.

If, because of a medical condition or disability, you need a reasonable accommodation for any part of the employment process, please email our HR Service Center or call 1-800-807-0302 (North America), [phone] (Asia Pacific), 1800-425-0333 (India), [phone] (Europe, Middle East and Africa) and let us know the nature of your request and your contact information.

APAC/INDIA EEO STATEMENT

It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non‑discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

Canada EEO STATEMENT

Northern Trust is an Equal Opportunity Employer. Hiring and other employment decisions at Northern Trust are made without regard to race, colour, religion, sex, ancestry, national origin, ethnic origin, age, disability, citizenship, veteran status, sexual orientation, record of offences, marital status, family status, or any other characteristic protected under federal, provincial, or local law, regulation, or ordinance.

EMEA EEO STATEMENT

It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non‑discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

USA EEO STATEMENT

It is the policy of The Northern Trust Company to afford equal opportunity in all phases of employment without regard to an individual's age, race, color, religion, creed, gender, national origin, citizenship status, marital status, pregnancy, sexual orientation, gender identity, gender expression, genetic tests and information, physical or mental disability, protected veteran status or any other legally protected status.

EEO Know Your Rights (U.S)

EEO