Settings

CAREERS

Accounting Analyst - BU Finance

📁
Accounting/Finance/Tax/Audit
📅
75205 Requisition #
Apply for Job
Share this Job
Sign Up for Job Alerts

Analyst, Business Unit Finance -  TECH

 

The Analyst/BU Finance is financial position is within the Northern Trust financial organization and will support the Global Technology Services (GTS) business unit.  The Global Technology Services business unit is led by the Chief Information Officer and is comprised of business-aligned resources (personnel, technological infrastructure hardware and software, etc.) that deliver on Northern Trust’s technological strategies and drive the evolution and growth of the company.
The candidate will be expected to provide analysis and execution leadership for select functional activities related to management reporting and analysis of reported, forecasted and planned financial results, the periodic (monthly) financial close process, capital expenditure management and required financial analysis related to proposals brought forward by the business, the design/analyses of cost allocations related from GTS to the respective NT business units, and the analysis of personnel related activities (contractors/employees) as NT executes on its global workforce strategy.  The candidate will also have to demonstrate an ability to execute on prioritized/highly visible projects on a relative independent basis and provide thoughtful analyses and recommendations to drive desired financial outcomes. 
In addition to functional responsibilities described above, the candidate must have strong analytical and communication skills and will be expected to work closely with the business unit executives and their extended leadership teams.  The candidate must be able to serve as the primary finance contact for these GTS executives and provide them with comprehensive financial-related consultation related to special initiatives, interpretation of reported results, forecasting/planning, workforce planning, and other items for their respective areas.


Major Duties


• Provide analysis and execution leadership for select functional activities within the GTS-finance team among areas such as periodic financial close, management reporting, financial forecasting, annual planning, capital expenditure management and other key initiatives
• The candidate must be able to serve as the key GTS contact point for select executives (i.e. a business-aligned CIO) and provide them with comprehensive financial-related consultation related to special initiatives, management reporting, forecasting/planning, workforce planning, and other items for their respective areas.
• The candidate will also have to demonstrate an ability to execute on prioritized/highly visible projects on a relative independent basis and provide thoughtful analyses and recommendations to drive desired financial outcomes.  The candidate will need to have strong Excel skills in order to develop the financial tools/models necessary to capture the financial aspects of such projects.
• Engage with key stakeholders outside of the GTS finance team (such as Procurement, Controllers, etc.) in order to achieve desired financial outcomes in the normal course and related to special initiatives.
• Analyze financial performance and provide financial information and thoughtful analyses and conclusions/recommendations to management via periodic management reporting and adhoc presentations
• Perform financial analyses of capital investment business cases (discounted cash flow analyses, IRR, payback) and go/no-go approval of these requests,
• Develop processes and tools to analyze and track changes in personnel mix (contractor versus employees, etc.), the costs of such resources, and types of activities being performed by such global personnel.  Develop relevant financial measures that would allow management to assess the progress related to NT’s workforce strategies.
• Partners with corporate controllership and accounting policy to ensure analysis comply with generally accepted accounting principles and internal controls

Required Skills & Qualifications

 

• Undergraduate degree in Finance, Accounting, or Economics
• 2-7, or more years of experience, with an emphasis on financial analysis/modeling and planning/forecasting
• Experience presenting and communicating complex financial information to stakeholders
• Financial analysis/modeling experience (discounted cash flows, IRR, payback, etc.)
• Strong analytical skills
• Proven ability to multi-task, work under pressure, and meet tight deadlines
• Attention to detail
• Superior skills with Microsoft Office applications (Excel, PowerPoint, Word, Outlook)

 

This position is required due to the increased demands of the finance team that supports global technology services business unit.  Reasons for the increased demands on the team are (I) the pace of growth of technology spend and the need to support the Global Technology Services business and explain the spend to executive leadership of NT, (ii) the recent reorganization of the E2 business unit, the hiring of several additional CIOs and the need to service the senior leaders.

 

For more than a century, Northern Trust has worked hard building our legacy of outstanding service, expertise and integrity. From a Chicago-based bank founded in 1889, we now have more than 20 international locations and 18,500 employees globally. We serve the world’s most-sophisticated clients – from sovereign wealth funds and the wealthiest individuals and families, to the most-successful hedge funds and corporate brands.

 

We burnished our reputation as a global leader delivering innovative investment management, asset and fund administration, fiduciary and banking solutions enabled by sophisticated, leading technology. And through it all, we continually laid a solid, forward-looking foundation on which future generations can continue growing and achieving greater.


As of December 31, 2018, Northern Trust Corporation had:

$10.1 trillion in assets under custody/administration
$7.6 trillion in assets under custody
$1.1 trillion in assets under management
$132 billion in banking assets

 

 

Previous Job Searches

My Profile

Create and manage profiles for future opportunities.

Go to Profile

My Submissions

Track your opportunities.

My Submissions

Similar Listings

United States, Illinois, Chicago

📁 Accounting/Finance/Tax/Audit

Requisition #: 73800

United States, Illinois, Chicago

📁 Accounting/Finance/Tax/Audit

Requisition #: 74209

United States, Illinois, Chicago

📁 Accounting/Finance/Tax/Audit

Requisition #: 76200

Reasonable Accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the employment process, please email our HR Service Center or call 1-800-807-0302 (North America), +630-276-5353 (Asia Pacific), +44(0)207 982 4357 (Europe, Middle East and Africa) and let us know the nature of your request and your contact information.

Equal Employment Opportunity Statements
  • APAC EEO Statement
    • APAC EEO STATEMENT

      It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

  • Canada EEO Statement
    • Canada EEO STATEMENT

      Northern Trust is an Equal Opportunity Employer. Hiring and other employment decisions at Northern Trust are made without regard to race, colour, religion, sex, ancestry, national origin, ethnic origin, age, disability, citizenship, veteran status, sexual orientation, record of offences, marital status, family status, or any other characteristic protected by federal, provincial, or local law, regulation, or ordinance.

  • EMEA EEO Statement
    • EMEA EEO STATEMENT

      It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

  • USA EEO Statement
    • USA EEO STATEMENT

      It is the policy of The Northern Trust Company to afford equal opportunity in all phases of employment without regard to an individual's age, race, color, religion, creed, gender, national origin, citizenship status, marital status, pregnancy, sexual orientation, gender identity, gender expression, genetic tests and information, physical or mental disability, protected veteran status or any other legally protected status. EEO poster (U.S.)EEO is Law Poster Supplement