CAREERS

Associate Specialist, Financial Reporting, HFS

📁
Operations/Securities
📅
84597 Requisition #

About the Company

Northern Trust Hedge Fund Services (NTHFS) is a leading provider of middle and back office services to hedge funds and other organizations with complex assets and strategies. NTHFS brings together powerful technology and highly skilled professionals to help our clients handle complexity and execute their strategies. With approximately $100 billion in assets under administration, NTHFS is one of the world’s fastest growing hedge fund administrators in the industry.

Role

The successful candidate will be an ambitious self-starter who has demonstrated the ability to function as an effective and strategic member in a dynamic, fast-paced and demanding environment.  This individual will have a strong technical Accounting background, experience working within the Financial Services industry and a proven track record of working well with and leading others.  The Senior Consultant will be part of our Financial Control team dedicated to servicing a global, multi-strategy hedge fund with several billion dollars in assets under management. The candidate will be heavily involved in year-end financial reporting responsibilities, working as part of the client’s dedicated financial reporting team. Throughout the summer and fall, the individual will be primarily responsible for ad hoc financial reporting projects as well as execution of cross-functional client projects involving process automation and enhancements.

 

Major Duties

  • Lead the annual year-end audit process, including planning and coordination with the client and external auditors as well as internal team members, review and delivery of financial statements and footnotes, including under both US GAAP and IFRS
  • Research, analyze and document new accounting pronouncements and the impact on current or proposed transactions/policies
  • Dedicated to servicing a global, multi-strategy hedge fund with several billion dollars in assets under management.
  • Identify, develop, and execute on process improvements including major technology initiatives focused on increasing the scalability of our financial reporting processes and providing solutions to client mandates
  • Acquire content knowledge to function as the team Subject Matter Expert on financial reporting topics and act as a point of escalation to ensure accuracy and responsiveness
  • Complete quality checks and reviews on year-end financial reporting packages and reports.
  • Develop and maintain detailed process documents for financial reporting topics
  • Work collaboratively and provide ongoing financial reporting support for both clients and internal teams
  • Communicate client expectations and deadlines across business units involved
  • Consult with clients on a regular basis to ensure satisfaction

 

Knowledge / Skills

  • Strong communication, relationship, and facilitation skills to work directly with clients.
  • Ability to work independently and cooperatively within a team environment.
  • Executes efficiently and effectively in a deadline driven environment.
  • Able to consult with clients on a regular basis and communicate expectations and deadlines internally.
  • Highly flexible and adaptable to change in a fast paced environment
  • Highly proficient in Microsoft Excel and other MS Office applications
  • Ability to manage multiple tasks simultaneously and maintain accuracy

 

Experience

  • A minimum of 4+ years’ accounting experience, specifically with multi-strategy Hedge Funds in the Investment Management space
  • CPA, CFA, or other equivalent professional certification required
  • Financial Reporting or Big 4 public accounting experience required
  • Experience preparing and reviewing US GAAP financial statements; IFRS a plus
  • Bachelor’s degree with emphasis in Accounting; Master’s degree a plus

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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), 1800-425-0333 (India), +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/India EEO Statement
    • APAC/INDIA 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