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Senior Accountant, Private Equity Accounting

📁
Accounting Portfolio / Fund
📅
72658 Requisition #
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Private Equity Fund Administration (PEFA) provides third-party clients with comprehensive administration, financial accounting, and investor reporting services for their funds. Fund products supported include venture capital, buyout, mezzanine, life sciences, secondaries, fund of funds. Services
include assistance with investment and divestment execution, investor drawdown and distributions, financial reporting and investor reporting.
• Candidate will work under very minimal supervision and operate independently most the time
and will be expected to be accountable for the quality of others.
• Candidate will be requested to manage large and/or complex projects such as strategic change
management, new business/product/department integration and initiatives, process reengineering
initiatives, and provides multi-disciplinary consulting service such as marketing and
technology to business groups.
• Has in-depth knowledge of business unit/ function.
• Keeps abreast of emerging industry trends and maintains regular contact with peers both
internal and external to the firm, including professional organizations e.g., accounting/legal.
• Researches and resolves accounting or reporting issues.
• Responsibilities include carrying out activities that are complex, high profile, and technically
difficult.
• Role is balanced between high level operational execution and development, and execution of
strategic direction of business function activities.

 

Major Duties
• Responsible for performing a variety of accounting, analytical, & financial reporting duties ensuring
client and investor activity reporting is prepared and completed appropriately.
• Serves as a technical accounting expert without management responsibilities and is seen as a subject
matter expert and key advisor on significant business/accounting decisions to team and partners.
• Assists in preparing, compiling, and verifying external client and regulatory reporting.
• Prepares financial information for stockholders/investor reports.
• Researches and assists in interpreting the impact of recent accounting developments in the division.
Disseminates findings to manager and other partners involved.
• Communicates with partners to resolve discrepancies or provide assistance on accounting
or disclosure issues.
• Conducts special analysis and projects as assigned and prepares reports of detailed findings for
management review.
• Helps train and monitor performance of team members, co-workers and client deliverables.

Knowledge/Skills
This position is technical and service oriented. Knowledge of private equity accounting normally acquired through a four year degree program or related work experience is required to perform private equity administration, financial accounting and reporting duties.
• Knowledge of federal, state, and local regulatory reporting usually acquired through related
work experience is necessary to prepare reports.
• Analytical skills and problem solving skills are necessary to utilize financial data and prepare
reports.
• The ideal candidate must have strong personal computer skills and be well acquainted with
• Microsoft Excel, as they are required to prepare financial reports and to utilize on-line and
mainframe systems.
• Experience with Investran preferred.

 

Experience
3-4 years of private equity accounting experience with a related business degree is a must with a
minimum of 3 years client servicing or related experience. We are looking for individuals who have the
ability to work effectively in a team environment, exhibiting initiative, leadership, and flexibility. The
ideal candidate will have a formal education in accounting and/or related business degree, CPA
accreditation, understand the complexities of the private equity markets via their past work experience
and have experience with Investran and MS Suite of Systems (Excel/Access/Word)
(intermediate/advanced level).

 

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

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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), +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