Team Lead, Fund Accounting (Finance)
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.
The Northern Trust Company seeks a Team Lead, Fund Accounting to design workflow distribution and effective use of resources within the team. Ensure the accurate completion of NAVs for multiple Unit Trusts and common Investment Funds. Prepare financial statements and reports for a designated group of funds. Monitor monthly reporting and ensure accuracy of reports prepared for regulatory agencies. Provide technical training, organize the work of the team, assign tasks, set short-term priorities, and monitor activities. Ensure that all procedures are up-to-date and adhered to. #LI-DNI
Position requires a Bachelor's degree in Business Administration, Accounting, Finance, or a related field and 3 years of experience with driving Net Asset Value (NAV) production and reviewing all components of the NAV valuation process to ensure accuracy. Experience must include a minimum of: 3 years of experience with monitoring funds hedging processes and multiple shared classes to manage validations; 3 years of experience investigating and resolving issues with NAV and monitoring project phases; 3 years of experience leading the review of fund accounts and ensuring compliance with business standards; 3 years of experience acting as a subject matter expert on money market fund accounts; 3 years of experience investigating yield impact movements including income earned on securities, expenses, and dealings; and 3 years of experience coordinating quality assurance reviews to meet project requirements. Part time telecommuting may be permitted. #LI-DNI
JOB LOCATION: Chicago, IL. RATE OF PAY: $89,336- 100,100.00 per year. To apply, please visit https://careers.northerntrust.com and enter job requisition number R 138983 . Alternatively, please send your resume, cover letter, and a copy of the ad to: G. Duggan, 181 W. Madison, Chicago, IL 60602.
Salary Range:
Salary 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.
Working with Us:
As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.
Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.
We'd love to learn more about how your interests and experience could be a fit with one of the world's most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater
Reasonable accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com .
We hope you're excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.
Apply today and talk to us about your flexible working requirements and together we can achieve greater.
