Northern Trust

Consultant, Fund Administration, Integrated Portfolio Services

Northern Trust$74K — $126K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting, Finance, or related field, or equivalent experience.
  • Prior experience in fund accounting, administration, alternative investments, or public accounting preferred.
  • Strong analytical, organizational, and problem-solving abilities.
  • Excellent verbal and written communication skills.
  • Ability to manage multiple priorities in a fast-paced environment.
  • Professional certifications such as CPA, ACCA, or equivalent are a plus.

Responsibilities

  • Review monthly fund and business entity closing summaries.
  • Analyze and prepare financial information for client and investor reporting.
  • Perform month-end NAV and fund accounting activities.
  • Prepare annual financial statements for funds.
  • Partner with clients and internal teams to understand fund activities and resolve issues.
  • Support annual audits and work directly with external auditors.
  • Serve as a subject matter expert and mentor to junior team members.
  • Participate in projects and initiatives with meaningful client and business impact.

Benefits

  • Comprehensive retirement benefits including 401k and pension options.
  • Health and welfare benefits encompassing medical, dental, vision, and spending accounts.
  • Generous paid time off policy including parental and caregiver leave.
  • Life and accident insurance coverage.
  • Voluntary well-being benefits and a discretionary bonus program potentially including equity components.
Full Job Description
Job Posting Title
Consultant, Fund Administration, Integrated Portfolio Services

Job Description Summary
Under general supervision, this role is responsible for supporting fund accounting activities within Integrated Portfolio Services. The Fund Administration team delivers monthly net asset value (NAV) calculations, financial reporting, annual draft financial statements, and audit and tax support for clients. This position partners closely with clients and internal stakeholders to ensure the timely and accurate delivery of fund accounting and reporting services.

Key Responsibilities
  • Review monthly fund and business entity closing summaries.
  • Analyze and prepare financial information for client and investor reporting.
  • Perform month-end NAV and fund accounting activities.
  • Prepare annual financial statements for funds.
  • Partner with clients and internal teams to understand fund activities and resolve issues.
  • Support annual audits and work directly with external auditors.
  • Serve as a subject matter expert and mentor to junior team members.
  • Participate in projects and initiatives with meaningful client and business impact.

Qualifications
  • Bachelor's degree in Accounting, Finance, or a related field, or equivalent relevant experience.
  • Prior experience in fund accounting, fund administration, alternative investments, or public accounting preferred.
  • Strong analytical, organizational, and problem-solving skills.
  • Excellent verbal and written communication skills.
  • Ability to manage multiple priorities in a fast-paced, deadline-driven environment.
  • Professional certifications such as CPA, ACCA, or equivalent are a plus.


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Salary Range:
$74,200 - 126,200 USD

Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.

About Northern Trust

Northern Trust is a global leader in delivering innovative investment management, asset and fund administration, and fiduciary and banking solutions to corporations, institutions, and affluent individuals. They have evolved with the changing needs of their clients and their world.

Northern Trust Careers

Joining Northern Trust means becoming part of a global financial services institution that is dedicated to providing expert guidance and innovative solutions to its clients. At Northern Trust, we pride ourselves on fostering a culture of leadership, diversity, and innovation, which makes us a premier destination for career growth in the financial industry.

Work You’ll Do

At Northern Trust, you will collaborate with some of the most talented professionals in the financial sector. Our team is committed to excellence and equipped with a diverse range of skills that contribute to our dynamic environment. Here, you will have the opportunity to lead projects that transform our services and drive significant value for our clients across the globe.

Explore Job Opportunities and Internships

Whether you are starting your career or looking to make a significant impact in the financial industry, Northern Trust offers a variety of job opportunities and internships that will help you achieve your professional goals. From entry-level positions to leadership roles, our company is actively hiring individuals who are passionate, curious, and driven to excel.

Innovative Work

Northern Trust is at the forefront of financial innovation. Our employees are encouraged to think creatively and leverage cutting-edge technologies to solve complex problems. By joining our team, you will work on pioneering solutions that redefine the standards of financial services.

Be Part of a Great Team

Our team at Northern Trust is more than just a group of employees – we are a community. We value collaboration, and our culture is built on mutual respect and a commitment to diversity and inclusion. Working with us, you will experience a supportive network that is passionate about sharing knowledge and ideas.

Future-Proof Your Career

Northern Trust is dedicated to your professional development. We offer comprehensive benefits, diversity training, and numerous resources to help you grow your career. With our support, you can expand your skills, gain valuable experience, and achieve professional certifications that will enhance your career trajectory.

Stay Connected

Join Our Team

Discover the perfect role for you at Northern Trust by exploring our current job openings that match your skills and interests. We are looking for professionals who are solution-driven and eager to contribute to our legacy of financial excellence.

Keep Up to Date

Stay informed with the latest career tips, industry insights, and professional growth opportunities—all available through our careers blog. At Northern Trust, we ensure that our team members are always ahead in the industry.

Job Alert Emails

Customize your experience by subscribing to job alerts and insider tips tailored to your preferences. At Northern Trust, exciting and rewarding opportunities are always on the horizon, and we are eager to see where your talents can take us. Join Northern Trust today and be part of a company that values innovation, leadership, and a diverse and inclusive workplace. Here, every position is a chance to contribute to something bigger and to turn your job into a meaningful career.
Learn more about Northern Trust
Size
21,100 employees
Market Cap
$18.1 billion
Industry
Net Income
$1.2 billion
Founded
1889
5 Year Trend
+4.9%
Revenue
$6.1 billion
NASDAQ

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