At a Glance
- Tasks: Join our Private Equity team to manage client accounts and ensure timely deliverables.
- Company: Northern Trust, a leader in financial services with a collaborative culture.
- Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
- Other info: Dynamic work environment with a focus on teamwork and continuous improvement.
- Why this job: Make an impact in the finance world while building strong client relationships.
- Qualifications: Experience in fund accounting and a passion for problem-solving.
The predicted salary is between 50000 - 65000 £ per year.
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 closely as a team to ensure deliverables are met.
You will be a key member of the accounting team, providing additional support to the wider team that administers a very large client with an active investment portfolio across multiple fund products.
Key components of the role include liaising with internal teams and the Investment Advisor, completing client‑specific tasks, performing investment accounting, and addressing ad‑hoc queries as they arise – all within scheduled timeframes and ensuring all client KPIs are met.
Key Responsibilities
- Providing premier client service by building strong relationships with the Investment Advisor and any third parties, including resolving queries and ensuring timely completion of client deliverables.
- Developing a thorough knowledge of the client and their bespoke requirements with regard to key processes performed in their systems.
- Owning the monitoring of assigned mailboxes, proactively completing tasks and those assigned by management.
- Supporting basic on‑the‑job training of tasks and assisting other team members with workloads, rotating tasks on a regular basis.
- Investments: Creating and maintaining investment and portfolio records in the client’s bespoke systems, including processing purchases and disposals, recording income receipts, monitoring monthly or quarterly valuations, and understanding 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, ensuring detailed understanding of fund structures and investment portfolios across fund products.
- Investor reporting: Completing ad‑hoc queries for investors that involve quantitative data and other stakeholder reporting; supporting preparation and review of reports within set deadlines.
- Organisation of the
- Accounting
Team: Ensuring client expectations are met for various deliverables, maintaining proactive communication, identifying system and process enhancements, prioritising assignments, providing continuous feedback to the team, and escalating issues appropriately.
- Other: Preparing and maintaining accounts trackers for the fund products, monitoring accounts preparation, inputting and updating Share Point‑based workflows, liaising with other Northern Trust departments and jurisdictions, maintaining existing client relationships, handling all queries efficiently and promoting effective communication.
Skills / Qualifications
- Previous experience of fund accounting or fund administration of private equity funds, credit funds or perpetual funds – required.
- Minimum part qualification: ACA or ACCA – preferred.
- Computer literate with proven ability to learn new systems and processes; data literacy skills advantageous.
- Excellent organisational skills with the ability to handle multiple priorities and escalating issues where necessary.
- Customer service orientation with a concern for quality and effective communication via various 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 My HRHelp@ntrs. com, or discuss your individual requirements with the recruiter you are working with.
#J-18808-Ljbffr
Senior Fund Accountant, Private Equity Accounting employer: Northern Trust
Northern Trust is an exceptional employer, offering a dynamic work environment in Greater London that fosters professional growth and development. With a strong emphasis on employee well-being, we provide comprehensive benefits and a collaborative culture that values innovation and excellence in service delivery. Join us to be part of a team that prioritises meaningful client relationships and supports your career aspirations in the financial services sector.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Fund Accountant, Private Equity Accounting
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Northern Trust. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Senior Fund Accountant, Private Equity Accounting
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Northern Trust.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Northern Trust's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Northern Trust
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Northern Trust.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Northern Trust will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Northern Trust employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
