Senior Fund Accountant, Private Equity Accounting

Role / Department

A vacancy has arisen in our Private Equity (PE) Operations team. Northern Trust offers a first-class service to a variety of PE clients and works as a close team to ensure deliverables are met. You will be working as a key member within the accounting team whilst providing additional support to the wider team that administers a very large client with an active investment portfolio across multiple fund products. The key responsibilities of the role include:

• Providing a premier client service by building strong relationships with the Investment Advisor and any other third parties, including working closely with the client to resolve queries and other teams within NT to ensure completion of client deliverables.
• Developing a thorough knowledge of your client and their bespoke requirements with regards to key processes performed in their systems.
• Owning the monitoring of assigned mailboxes, pro-actively completing tasks and those assigned by management.
• Supporting basic training of tasks that are learnt on-the-job and supporting other team members with workloads and rotating tasks on a regular basis.
• Investments: create and maintain investment and portfolio records in the client’s bespoke systems, including preparing and processing purchases and disposals, recording income receipts, monitoring monthly or quarterly valuations and understanding other types of complex investment transactions and restructurings.
• Accounting: bookkeeping valuations in structures, performing periodic reconciliations and preparing invoice coding for all fund products.
• Client reporting: developing client-specific knowledge to facilitate the preparation of regular reporting for the client’s senior management, finance, investor relations and deal team, including a detailed understanding of fund structures and the investment portfolio across fund products.
• Investor reporting: completing ad‑hoc queries for investors where quantitative data forms a part of the response and other stakeholder reporting, including supporting preparation and review of reports within set deadlines.
• Organisation of the Accounting Team: ensuring client expectations are adhered to and providing proactive communication throughout the process; identifying system and process enhancements for discussion with the wider team; prioritising assignments, providing continuous feedback to the team and escalating issues appropriately.
• Other: preparing and maintaining accounts tracker for the fund products; monitoring the accounts preparation, input and update SharePoint‑based workflows; liaising with other Northern Trust departments and jurisdictions; maintaining existing strong client relationships; dealing with all queries in an efficient and timely manner and promoting effective communication.

Skills / Qualifications

• Previous experience of fund accounting or fund administration of private equity funds, credit funds or perpetual funds is necessary.
• The ideal candidate would be at a minimum part‑qualified ACA or ACCA.
• Being computer literate with proven ability to learn new systems and processes, with data literacy skills advantageous.
• Possessing excellent organisation skills with the ability to handle multiple priorities, escalating issues where necessary.
• Having a customer service orientation with a concern for quality, including being effective in the use of a variety of communication methods.
• Ability to problem‑solve and be a team player.

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.

Contact numbers for reasonable accommodations: 1-800-807-0302 (North America), +630-276-5353 (Asia Pacific), 1800-425-0333 (India), +44(0)207 982 4357 (Europe, Middle East and Africa).

Equal Employment Opportunity Statement

APAC/INDIA EEO STATEMENT: It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions related to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

Canada EEO STATEMENT: Northern Trust is an Equal Opportunity Employer. Hiring and other employment decisions at Northern Trust are made without regard to race, colour, religion, sex, ancestry, national origin, ethnic origin, age, disability, citizenship, veteran status, sexual orientation, record of offences, marital status, family status, or any other characteristic protected by federal, provincial, or local law, regulation, or ordinance.

EMEA EEO STATEMENT: It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions related to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

USA EEO STATEMENT: It is the policy of The Northern Trust Company to afford equal opportunity in all phases of employment without regard to an individual's age, race, color, religion, creed, gender, national origin, citizenship status, pregnancy, sexual orientation, gender identity, gender expression, genetic tests and information, physical or mental disability, protected veteran status or any other legally protected status.