About Northern Trust
Northern Trust is a Fortune 500 company and globally recognized, award‑winning financial institution that has been operating since 1889. We provide innovative financial services and guidance to the world's most successful individuals, families, and institutions.
Role
We are recruiting for Senior Consultant on our Financial Control team within the Omnium Services Group EMEA. The role involves working in a fast‑paced environment, covering a broad range of product types and the complete hedge‑fund administration cycle.
Key Responsibilities Of The Role
Fund Accounting
Preparation and review of operating expenses for funds on a weekly/monthly basis.
Production and review of month‑end close packs for various clients on a weekly/monthly basis.
Validation of monthly NAVs and associated accounting records.
Interact with clients and other stakeholders to understand funds’ activities.
Engage with other HFS teams to support projects including fund launches and migrations.
Investor Accounting
Allocation of profit and loss across investors’ share classes and series.
Calculation and verification of class‑level expenses such as management fees.
Calculation and verification of various performance fee methodologies.
Work with Investor Services team to ensure investor statements are timely and accurate.
Financial Reporting
Participate in the preparation and review of fund financial statements on an annual basis.
Work directly with external auditors to ensure accuracy of each fund’s annual financial statements.
Work with shared services teams to ensure timely follow‑up and completion of audit requests.
Regulatory Reporting
Participate in the monthly and quarterly preparation and review of regulatory reporting for applicable funds.
Engage in project initiatives to strengthen and expand HFS regulatory reporting services on MMIF, FVCs and SPVs.
The Successful Candidate Will Benefit From Having
Qualified accountant (ACA, ACCA or equivalent) or working toward qualification. (Preferable but not required)
Knowledge of hedge funds and other alternative investment structures an advantage.
Knowledge of financial reporting including US GAAP & IFRS financial statements and footnote disclosures an advantage.
Financial analysis skills.
Client‑service experience.
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.
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