At a Glance
- Tasks: Join our team to manage complex fund accounting and provide top-notch client service.
- Company: Be part of Northern Trust, a global leader in wealth management and asset servicing.
- Benefits: Enjoy a flexible work culture, career growth opportunities, and community engagement.
- Other info: Collaborative environment with accessible leaders and a commitment to inclusivity.
- Why this job: Make an impact in finance while working with sophisticated clients and innovative solutions.
- Qualifications: Accounting qualification preferred; experience in fund accounting is a plus.
The predicted salary is between 54450 - 66550 £ per year.
About Northern Trust
As 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. Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity.
A vacancy has arisen in our Private Equity (PE) Operations team. You will be working as a key member within the administration team whilst providing additional support to the wider team that administers either a variety of clients or a very large client with an active investment portfolio.
Key components of the role include:
- Liaising with internal teams and the Investment Advisor.
- Completion of various non-accounting tasks.
- Completion of all aspects of accounting and dealing with ad-hoc queries as they arise, all within scheduled timeframes and ensuring that all client KPIs are met.
- Providing a premier client service by building strong relationships with the Investment Advisor and any other third parties.
- Ability to run projects with the client regarding a variety of more complex tasks.
- Monitoring assigned mailboxes and completing tasks assigned by management.
- Supporting basic training of tasks that are learnt on-the-job.
- Complex accounts Preparation/Review under various GAAP/IFRS standards.
- Bookkeeping / Cash Management.
- Updating and maintaining investment and portfolio records on behalf of clients, including processing of purchases and disposals; revising quarterly valuations and understanding other types of complex investment transactions and restructurings.
- Liaising with financial institutions receiving or making payment of fund and maintaining accounting records.
- Developing client specific knowledge to facilitate the delivery of ad-hoc queries.
- Completing common / regular reporting for investors where quantitative data forms a part of the response.
- Reviewing data exported from accounting systems and filing final reports with regulators / investors as applicable.
- Providing information for tax returns to internal and external tax professionals; reviewing qualitative and quantitative data prior to supply of returns to investors; liaising with other internal departments such as CDD and Tax across numerous jurisdictions.
- Ensuring that agreed timetables are adhered to and that proactive communication is maintained throughout the process.
- Preparing and circulating accounts and tax timetables; advising on potential accounting issues & best practices; inputting and updating SharePoint-based workflows.
- Identifying efficiencies and areas for improvement to reduce risk and become more efficient.
- Working closely with legal/compliance to ensure all funds are in compliance with the relevant regulatory authorities.
Skills/Qualifications:
- The ideal candidate will hold an accounting qualification (ACA or ACCA preferred) and be familiar with UK regulations.
- Those partially-qualified or with at least 2 years of relevant experience will also be considered.
- Have a general understanding of the Guernsey Company / POI / Partnership laws and possess an ability to keep up to date with all applicable legal developments.
- Excellent oral and written communication skills.
- Confidence in communicating directly with clients and other senior stakeholders.
- Good analytical and problem-solving skills.
- Ability to set priorities and manage deadlines.
- Advanced Microsoft Office skills, especially Excel, and knowledge of Investran would be an advantage.
- Good team player, self-starter, flexible, with the ability to work under pressure with minimal supervision.
- Able to demonstrate professional judgement and attitude in all aspects of work, including detailed self-review of own work.
Working with Us
As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve.
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.
Full time
Senior Fund - Fund Accountant employer: Northern Trust
Northern Trust is an exceptional employer, offering a flexible and collaborative work culture that prioritises employee growth and inclusivity. With over 135 years of financial expertise, employees are encouraged to develop their careers while contributing to meaningful philanthropic efforts in the community. The company's commitment to service, integrity, and expertise ensures that partners thrive in a supportive environment, making it an ideal place for those seeking a rewarding career in securities finance.
