at Northern Trust Company in Chicago, Illinois, United States
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.
Summary
Candidate will be an experienced fund accounting ("Financial Control") manager responsible for managing the accounting and reporting
deliverables for a multi-billion dollar hedge fund client. The candidate will have a proven track record of working well with and leading others in
a fast paced and dynamic environment. The candidate will have a strong foundation of U.S. GAAP Hedge Fund reporting requirements,
internal controls, and will partner with the client's Financial Control team to maintain efficient, accurate and highly controlled accounting
records.
The candidate will join Northern Trust Alternative Fund Services ("AFS"). This team specializes in administering assets of hedge funds, private equity managers, managed account platforms investing in alternative strategies and alternative fund of funds.
What You Will Be Responsible For
The Financial Control Manager will be responsible for:
Overseeing the monthly close processes for US GAAP Hedge funds (variety of strategies including fixed income, quantitative, equity, multi-strategy), IFRS international funds (Asia, UK, Ireland) and Broker Dealer entities.
Collaborate with various Northern Trust and Client stakeholders for project initiatives and implementations around key topics
including process automation, FinTech implementations, internal technology requirement development and testing
Develop best practice process documentation and review procedures
Mentor and lead a team of experienced professionals for best-in-class service, with a mindset of developing junior team members through trust and candor
Serve as key point of contact with client for status of deliverables, reporting changes and quality feedback
Coordinate and lead collaborative debrief meetings with client executives for quality/efficiency improvements
Act as subject matter expert within team for accounting and reporting matters
Collaborate with internal control specialists to maintain SOC 1 equivalent control environment
Assist in project planning / resource allocation / prioritization of project initiatives
What We Value
These skills will help you succeed in this role:
Strong technical accounting skills including working knowledge of U.S. GAAP, IFRS and Broker Dealer accounting and
reporting standards
Strong analytical, organizational and problem-solving skills ("solutions-oriented" mindset)
Client relationship focused (internal and external relationships)
Excellent oral and written communication skills
Ability to manage multiple tasks simultaneously and with accuracy
Bring an ownership mentality toward work with an innate commitment to continuous improvement, education & preferred qualifications.
10-15 years' of accounting experience with emphasis in Hedge Fund Accounting
Certified Public Accountant (CPA)
A College/University or Master's degree in accounting or finance
Proficient in Microsoft Excel. PowerBI, Alteryx and/or VBA a plus
Knowledge...
Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity
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