Northern Trust

Financial Services

Specialist,FundAdministrator,HedgeFundServices

$115–195k Chicago, Illinois, United States FULL TIME Remote Friendly
The Brief

“Specialist, Fund Administrator, Hedge Fund Services at Northern Trust. Skills: Fund administration, Financial reporting, Investor accounting, NAV close. Oversee fund administration. Oversee investor accounting”

Industry & Context.

Financial Services
Problems you'll solve

Problem-solving; Issue investigation; Issue resolution; Risk identification; Efficiency identification

What They're Looking For.

Must Have

10+ years accounting experience, Certified Public Accountant (CPA), College/University or Master’s degree in Accounting, Proficient in Microsoft Excel

Nice to Have

Workiva knowledge preferred

What You'll Do.

Oversee fund administration

Oversee investor accounting

Oversee financial reporting

Lead NAV close activities

Manage journal entry processing

Support accrual processing

Perform reconciliations

Maintain segregation of duties

Oversee financial packages

Oversee investor allocations

Lead financial statement deliverables

Serve as technical advisor

Serve as escalation point

Drive resource planning

Drive continuous improvement

Enhance risk management

Monitor suspense items

Ensure transaction postings

Ensure position postings

Generate journal entries

Support journal entries

Review SubLedger journal entry summaries

Perform automated reconciliations

Validate completeness

Review manual accruals

Review manual adjustments

Maintain documentation

Review monthly financial packages

Maintain evidence of review

Review NAV-to-General Ledger reconciliations

Monitor prior-period postings

Coordinate resolution

Oversee financial reporting deliverables

Perform quality control review

Coordinate with auditors

Coordinate with stakeholders

Review investor capital balances

Review profit and loss results

Calculate management fees

Calculate performance allocations

Validate allocation outputs

Oversee posting of investor accounting amounts

Ensure segregation of duties

Input manual profit and loss adjustments

Approve manual profit and loss adjustments

Oversee investor letter generation

Oversee publication controls

Coordinate client review

Approve client review

Prepare manual letters

Serve as problem solver

Identify inefficiencies

Identify control design issues

Improve sustainability

Serve as key point of contact

Coordinate reporting changes

Coordinate audit feedback

Coordinate new initiatives

Lead post-audit debrief meetings

Lead project initiatives

Develop best-practice process documentation

Assist in development

Support project planning

Support resource allocation

Support prioritization

Participate in continuous improvement initiatives

Identify opportunities to streamline

Improve operational efficiency

How You'll Work.

Team & Collaboration

Client relationship focused; Partner with clients; Coordinate with auditors; Coordinate with stakeholders; Coordinate with relevant parties

Communication Scope

Oral communication; Written communication

Process & Methodology

Project planning, Resource allocation, Prioritization

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