Northern Trust US | Analyst, Fund Admin IPS

Responsibilities

• 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).
• 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.
• Assist with the preparation of periodic fund NAV and close packages, including supporting schedules and reconciliations.
• Perform assigned fund accounting and financial reporting activities in accordance with established procedures and controls.
• Assist with the maintenance and periodic closing of fund books and records.
• Prepare and analyze supporting financial information and investigate differences or exceptions with guidance from more experienced team members.
• Assist with the preparation of year-end financial statements and related supporting schedules.
• Provide information and documentation to support external audit requests.
• Work with Financial Control and other fund administration teams to understand fund activity and resolve routine accounting and reporting questions.
• Assist with Financial Control activities associated with new fund launches and conversions.
• Develop an understanding of fund structures, investment products, accounting policies, and client-specific reporting requirements.
• Respond to routine internal and client inquiries with appropriate guidance and escalate more complex matters when necessary.
• Participate in team projects, process-improvement initiatives, and efforts to improve the efficiency of Financial Control processes.
• Use available technology and reporting tools to support accurate and timely completion of assigned responsibilities.
• Foundational understanding of accounting principles.
• Willingness to learn investment products, fund accounting concepts, and financial reporting requirements.

Requirements

• Strong analytical and problem-solving skills.
• Strong attention to detail and commitment to accuracy.
• Good written and verbal communication skills.
• Ability to organize work and manage multiple assignments and deadlines.
• Ability to work effectively in a team environment.
• Proficiency with Microsoft Excel and other Microsoft Office applications.
• Ability to follow established procedures and appropriately escalate questions or exceptions.
• Prior professional fund accounting experience is not required.
• Internship, co-op, coursework, or other exposure to accounting, finance, investment management, or financial services is beneficial.

Northern Trust US

Northern Trust US is an employer hiring in India (sector: BFSI / Investments / Insurance).

Its finance, accounts, audit and tax openings in India are mostly in Chicago, Tempe, New York and Miami.

• Industry: BFSI / Investments / Insurance