Technology Strategy Business Consultant

ACCA Careers; Chicago (IL); Hybrid; USD 83,000 - 141,000; Full time

Benefits offered by this job

401(k) plan

Health, dental & vision insurance

Paid time off

Parental and caregiver leave

Discretionary bonus program

Job summary

Northern Trust is seeking a Business Consultant to join the Technology Strategic Spend Team. The role focuses on IT capital expenditures analysis, budgeting, forecasting, and variance analysis, using Power BI, SQL, and Excel to inform leadership decisions.

The candidate will develop financial business cases, report on technology usage and demand, and coordinate with Finance and Procurement to drive productivity initiatives. Hybrid work model and strong governance are emphasized.

Qualifications

• Analytical and problem-solving skills to evaluate financial results and projections.
• Strong written and verbal communication to present information to senior management.
• Solid knowledge of data analytics tools (Power BI, SQL, Excel) for financial planning.

Responsibilities

• Drive analysis and presentation materials for IT Capital Expenditures in the Technology Portfolio.
• Create leadership-level analyses on technology usage, financial impacts, and vendor considerations.
• Build business cases for technology decisions and conduct data-driven planning with senior leadership.
• Leverage data analytics tools to support strategic discussions and planning with executives.
• Collaborate with finance and procurement to report on productivity and automation efforts.
• Lead special projects and ad hoc analyses for the Technology function.

Skills

Analytical thinking

Communication skills

Problem solving

Attention to detail

Education

Advanced degree in accounting/finance

GAAP accounting knowledge

Tools

Power BI

SQL

Excel

PowerPoint

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.

The Business Consultant will join the Technology Strategic Spend Team to drive the delivery of information for decision making and various analysis for Northern Trust's Technology Organization. This role is responsible for Technology-specific analysis (focused on strategy, labor, hardware, software, etc.), but will work closely to coordinate efforts among Technology, Finance and Procurement to drive the analyses into actionable efforts. Planning and analysis will need to be prepared and presented to many roles across Northern including Technology Leadership, engineers, project managers, finance managers, and procurement specialists, using Power Point, Excel, and/or Power BI / other analytical tools.

• Drive analysis and presentation material for IT Capital Expenditures in the Technology Portfolio, including consideration for strategic prioritization, developing budgets, forecasting, and variance analysis.
• Create Leadership-level analyses that inform on Technology usage and demand, financial impacts, contractual analysis, while considering potential
• Build financial business cases for technology decisions (e.g. considerations for switching vendors, adding new products or capabilities, etc.)
• Leverage data analytics tools (Power BI, SQL, Excel, etc.) to reach data-driven suggestions that drive strategic discussions and planning efforts with senior leadership.
• Work with finance and procurement to analyze and report on efforts for productivity and automation.
• Conduct and lead special projects and ad hoc requests to support the Technology function.

Knowledge

• Analytical and problem-solving skills required to evaluate financial results and projections across all financial statements.
• Effective written and verbal communication skills are necessary to present relevant information to senior management and business unit officers.
• Strong personal computer skills and analytics tools usage (Power BI, SQL, Excel, Word and PowerPoint) are required to perform analyses and communicate financial information.
• Strong accounting (GAAP), reporting and financial analysis usually acquired through an advanced degree program or related work experience is required.

Experience

7 to 10 years of related experience with emphasis on project analysis and management reporting, planning, and analysis.

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.

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).

Salary Range

$83,100 - 141,300 USD

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.