Consultant, Fund Administrator will be working independently most of the time, this position is responsible for performing fund accounting and fund administration activities for Integrated Portfolio Services clients. The IPS Fund Administration team provides clients with monthly net asset value calculations and financial reporting, annual draft financial statements, and comprehensive tax and audit support. This role requires strong technical knowledge, attention to detail, and the ability to manage complex financial activities while delivering high-quality service to clients and their investors.
MAJOR DUTIES
- Review monthly fund and business entity closing summaries to ensure accuracy and completeness.
- Analyze and report financial data for distribution to clients and their investors.
- Complete the monthly close of fund books and records and produce final performance results.
- Partner with clients and other Integrated Portfolio Services teams to develop a thorough understanding of fund activities and transactions.
- Prepare annual and interim financial statements for funds and investment vehicles.
- Work directly with external auditors to support the audit process and ensure the accuracy of each fund’s annual financial statements.
- Perform complex activities with significant financial, client, and internal business impact.
- Interact with committees, senior management, and other key stakeholders as needed.
- Serve as a subject matter resource and mentor to junior team members by providing technical guidance and support.
- Demonstrate advanced technical expertise in fund accounting and maintain a broad understanding of related business areas.
- Deliver accurate, high-quality work that requires minimal revision.
KNOWLEDGE AND SKILLS
- Excellent verbal and written communication skills.
- In-depth functional and industry knowledge.
- Strong knowledge of fund accounting and financial reporting.
- Strong analytical and problem-solving skills.
- Strong technical and systems proficiency.
- Highly flexible and adaptable to change.
- Ability to work independently and manage multiple priorities and deadlines.
- Strong attention to detail and commitment to accuracy.
EXPERIENCE
A college or university degree and/or relevant proven work experience is preferred. Experience in fund accounting, fund administration, financial services, asset servicing, or a related industry is preferred. A related professional qualification, such as a CPA, is preferred.
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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.
Work Authorization
Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).
