layiq
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Loading LAYIQ…Job opportunity
Chicago, IL
Source: Northern Trust careers · View original posting
From Northern Trust's posting. “We” and “our” refer to the employer.
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.
Summary
Supports the development and execution of initiatives aligned with fund accounting business and functional priorities. Works with cross-functional partners to plan, implement, and monitor activities that improve accounting operations and drive measurable results. Applies strong functional knowledge and judgment to solve complex problems, evaluate information from multiple sources, and recommend process improvements.
Operates independently on assigned work, may lead smaller projects or workstreams, and serves as a resource to colleagues with less experience.
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 workig from home.
Duties & Responsibilities
1. Collaborates with internal stakeholders and cross-functional partners to plan and execute fund accounting work aligned to team, functional, and organizational priorities.
2. Supports and may lead the development, implementation, and enhancement of fund accounting processes, programs, controls, or initiatives within the function.
3. Analyzes accounting data, cash activity, investment records, reconciliations, reports, and information from multiple sources to identify trends, risks, exceptions, and improvement opportunities.
4. Solves complex or less defined fund accounting issues by applying sound judgment, accounting practices, best practices, and knowledge of related operational disciplines.
5. Monitors progress of assigned fund accounting deliverables, project activities, or process improvements, tracks results, and communicates updates, insights, and recommendations to stakeholders and functional management.
6. Ensures timely and accurate execution of fund accounting deliverables while maintaining quality standards, control requirements, compliance with functional policies, and alignment with client, business, or reporting requirements.
7. Develops or enhances fund accounting documentation, procedures, tools, templates, or resources that improve consistency, efficiency, controls, and effectiveness of team operations.
8. Builds and maintains effective working relationships across fund accounting, operations, client service, technology, and other related teams to support coordinated outcomes and service objectives.
9. Leads smaller fund accounting projects, process improvements, or components of larger initiatives with manageable risk, resource requirements, and stakeholder coordination needs.
10. Acts as a fund accounting resource for colleagues with less experience by sharing knowledge, providing guidance on processes, reconciliations, controls, systems, and supporting onboarding or skill development as needed.
11. Performs all duties according to established policies, procedures, and regulatory requirements.
-#LI-Hybrid
-#LI-GG1
Education & Experience
-Bachelor’s degree in a relevant discipline required, advanced degree preferred.
-5+ years of relevant experience in a related role or function required.
Compensation
$74,700 - 126,900 USD
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.
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 MyHRHelp@ntrs.com , or alternatively you can discuss your individual requirements with the recruiter you are working with.
LAYIQ is an independent job-discovery service. This listing does not imply a partnership with or endorsement by the employer. Review the original posting for current details and availability.
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