At a Glance
- Tasks: Prepare financial reports and manage audits for diverse client entities.
- Company: Join Northern Trust, a Fortune 500 financial institution with over 130 years of experience.
- Benefits: Competitive salary, professional development, and opportunities for travel.
- Other info: Dynamic team environment with opportunities for career growth and cross-jurisdictional collaboration.
- Why this job: Make an impact in financial reporting for high-profile clients and gain valuable experience.
- Qualifications: Qualified accountant with strong IT skills and knowledge of accounting standards.
The predicted salary is between 55000 - 65000 € per year.
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.
Role / Department
Reporting to the Head of Financial Reporting (FR) in Guernsey, the Financial Reporting team is responsible for preparing annual statutory accounts and interim financial reports for Northern Trust's fiduciary and fund client base. These reports are produced in accordance with UK GAAP, IFRS, or other relevant accounting standards and include managing the audit process for a diverse range of entities—such as companies, trusts, and limited partnerships—registered across multiple jurisdictions. The FR team is a team of 10 qualified accountants based in Guernsey with 5 focused on the Funds portfolio and 5 on the fiduciary client portfolio. Supporting the team in Guernsey is a team of 4 in Manila. This Senior Accountant role will primarily focus on the asset owner segment of fiduciary client portfolio. The Fiduciary client base comprises two key segments:
- Asset Owners – A multi‑billion‑dollar portfolio of pension trusts, endowments, and corporate entities representing Northern Trust's strategic institutional clients.
- Global Family Office – High‑net‑worth individuals and family office clients with complex, bespoke requirements.
Key Responsibilities
- Maintenance of accounting system records, including bank reconciliations and accruals accounting. Process is semi‑automated and involves clearing exceptions.
- Preparation and review of financial reporting for client entities including Trusts and Companies, in accordance with best practice, relevant reporting standards and professional and regulatory requirements and on a timely basis.
- Liaison with relationship and account managers to ensure all key accounting activity has been captured and accounted for appropriately in accord with FRS102 / IFRS or relevant accounting standards.
- Coordination of the audit process (if necessary).
- Client contact point, including potential annual travel to visit client in Saudi Arabia.
- Assisting in the preparation and completion of tax and regulatory filings.
Skills / Qualifications
- Excellent IT skills – Excel to advanced level, including pivot tables / Word / Teams.
- Thorough knowledge of accounting standards (FRS102 / IFRS) and Guernsey Trust / Company Law.
- Experience in preparing accounts in a fiduciary / financial services environment.
- Experience of preparing accounts for consolidated groups (100% owned, with 100+ subsidiaries) would be an advantage.
- Accurate with attention to detail.
- Time management and organizational skills.
- Team worker (cross‑jurisdictional).
- Qualified accountant (ACCA or ACA).
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.
Senior Accountant, Financial Reporting employer: NACBA
Northern Trust is an exceptional employer, offering a dynamic work environment in Guernsey where innovation and integrity are at the forefront of our operations. With a strong commitment to employee growth, we provide extensive training and development opportunities, ensuring that our team of qualified accountants can thrive in their careers while serving prestigious clients. Our collaborative culture, combined with the chance to engage with high-net-worth individuals and complex financial structures, makes Northern Trust a rewarding place to advance your professional journey.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Accountant, Financial Reporting
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who work at Northern Trust or similar firms. A friendly chat can open doors and give you insider info on the company culture and what they really value in candidates.
✨Tip Number 2
Prepare for the interview by brushing up on UK GAAP and IFRS standards. We want you to shine when discussing your experience with financial reporting and audits. Practise common interview questions and have examples ready that showcase your skills in action.
✨Tip Number 3
Showcase your tech skills! Make sure you're comfortable with advanced Excel functions and any accounting software relevant to the role. We love candidates who can demonstrate their ability to leverage technology to improve processes and reporting.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team at Northern Trust.
We think you need these skills to ace Senior Accountant, Financial Reporting
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Accountant role. Highlight your experience with UK GAAP, IFRS, and any relevant financial reporting skills. We want to see how your background aligns with our needs!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about financial reporting and how you can contribute to our team. Keep it concise but impactful – we love a good story!
Showcase Your IT Skills:Since excellent IT skills are a must, don’t forget to mention your proficiency in Excel, Word, and Teams. If you've used advanced features like pivot tables, let us know – it’ll definitely catch our eye!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you’re considered for the role. We can’t wait to hear from you!
How to prepare for a job interview at NACBA
✨Know Your Numbers
Brush up on your knowledge of UK GAAP and IFRS standards. Be prepared to discuss how you've applied these in your previous roles, especially in preparing financial reports and managing audits. This shows you’re not just familiar with the theory but can also apply it practically.
✨Showcase Your Tech Skills
Since the role requires excellent IT skills, particularly in Excel, make sure you can demonstrate your proficiency. Bring examples of how you've used advanced Excel functions like pivot tables in your past work. This will highlight your ability to handle the semi-automated processes mentioned in the job description.
✨Understand the Client Base
Familiarise yourself with Northern Trust's client segments, especially asset owners and global family offices. Be ready to discuss how your experience aligns with their needs and how you can contribute to managing their complex requirements effectively.
✨Prepare for Client Interaction
Since this role involves being a client contact point, think about how you would approach client relationships. Prepare examples of how you've successfully managed client communications in the past, especially in a fiduciary or financial services context. This will show you’re ready to represent Northern Trust professionally.
