Senior Fund Accountant

About Northern Trust

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. 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.

Role / Department

Private Equity Operations – a key member of the administration team supporting a variety of PE clients, delivering high‑quality service and ensuring all client KPIs are met.

Key Responsibilities

• Build and maintain strong client relationships with the Investment Advisor and third parties, delivering premier client service and resolving complex issues within scheduled timeframes.
• Coordinate with internal teams to ensure delivery of client deliverables and run client‑led projects related to complex tasks.
• Own monitoring of assigned mailboxes, complete tasks assigned by management, provide basic training to new hires, support teammates, rotate tasks, and review junior work.
• Prepare and review complex accounts under various GAAP/IFRS standards, perform bookkeeping and cash management.
• Update and maintain investment and portfolio records, process purchases and disposals, record income receipts, revise quarterly valuations and manage restructuring transactions.
• Calculate call/distribution amounts, liaise with clients, investors and financial institutions, and maintain payment records.
• Complete investor reporting, including common/regular reports that incorporate quantitative data.
• Review data exported from accounting systems and file final reports for AIFMD and Solvency II reporting with regulators and investors.
• Provide tax reporting information to internal and external professionals, review data for FATCA, CRS and regional tax reporting (UK, Germany, USA).
• Ensure accounting deliverables adhere to agreed timetables, identify system and process enhancements, prioritize assignments, provide continuous feedback, and raise issues appropriately.
• Prepare and circulate accounts and tax timetables, advise on accounting issues and best practices, calculate management fees and carried interest, and update SharePoint workflows.
• Identify efficiencies and risk reduction opportunities, fully utilize technology, work with legal and compliance to keep funds compliant, and report operational issues to management.

Key Qualifications

• Holding an accounting qualification (ACA or ACCA) and familiarity with UK, US and Luxembourg GAAPs, or partial qualification with at least two years of relevant experience.
• General understanding of Guernsey company, POI, partnership laws, and ability to stay up‑to‑date with legal developments.
• Excellent oral and written communication skills, confidence in direct client interaction and senior stakeholder engagement.
• Strong analytical and problem‑solving abilities, capacity to set priorities and manage deadlines.
• Advanced Microsoft Office skills, especially Excel; knowledge of Investran an advantage.
• Self‑starter, team player, flexible, able to work under pressure with minimal supervision.
• Professional judgement and a detail‑oriented self‑review approach to work.

Reasonable Accommodation

We are 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 discuss your individual requirements with your recruiter.

Equal Employment Opportunity and Policies

All applicants and employees are considered in a non‑discriminatory manner in accordance with the law. Northern Trust does not discriminate on the basis of race, colour, religion, belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability, or age.

ALL hiring decisions are made without regard to ancestry, age, disability, citizenship, veteran status, sexual orientation, record of offences, family status, or any other characteristic protected by federal, provincial, or local law.

We provide equal employment opportunities and comply with all applicable statutes and codes of conduct. All employment decisions, including recruitment, terms and conditions of employment, transfers, promotions and access to learning and development, are non‑discriminatory.

Employees are eligible to participate in all company programs. We maintain an inclusive workplace and assist the communities we serve worldwide.