![Northern Trust](https://contents.bebee.com/companies/us/northern-trust/avatar-BDUXm.png)
Manager, Fund Administrator, Hedge Fund Services
1 month ago
About Northern Trust:
Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.
Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.
Summary
Candidate will be an experienced fund accounting ("Financial Control") manager responsible for managing the accounting and reporting deliverables for a multi-billion dollar hedge fund client. The candidate will have a proven track record of working well with and leading others in a fast paced and dynamic environment. The candidate will have a strong foundation of U.S. GAAP Hedge Fund reporting requirements, internal controls, and will partner with the client's Financial Control team to maintain efficient, accurate, and highly controlled accounting records.
The candidate will join Northern Trust Alternative Fund Services ("AFS"). This team specializes in administering assets of hedge funds, private equity managers, managed account platforms investing in alternative strategies and alternative fund of funds.
What You Will Be Responsible For
The Financial Control Manager will be responsible for:
Overseeing the monthly close processes for US GAAP Hedge funds (variety of strategies including fixed income, quantitative, equity, multi-strategy), IFRS international funds (Asia, UK, Ireland), and Broker Dealer entities.
- Collaborate with various Northern Trust and Client stakeholders for project initiatives and implementations around key topics
- including process automation, FinTech implementations, internal technology requirement development and testing
- Develop best practice process documentation and review procedures
- Mentor and lead a team of experienced professionals for best-in-class service, with a mindset of developing junior team members through trust and candor
- Serve as key point of contact with client for status of deliverables, reporting changes, and quality feedback
- Coordinate and lead collaborative debrief meetings with client executives for quality/efficiency improvements
- Act as subject matter expert within team for accounting and reporting matters
- Collaborate with internal control specialists to maintain SOC 1 equivalent control environment
- Assist in project planning/resource allocation/prioritization of project initiatives
What We Value
These skills will help you succeed in this role:
Strong technical accounting skills including working knowledge of U.S. GAAP, IFRS, and Broker Dealer accounting and
reporting standards
- Strong analytical, organizational, and problem-solving skills ("solutions-oriented" mindset)
- Client relationship-focused (internal and external relationships)
- Excellent oral and written communication skills
- Ability to manage multiple tasks simultaneously and with accuracy
- Bring an ownership mentality toward work with an innate commitment to continuous improvement, education & preferred qualifications.
- 10-15 years' of accounting experience with emphasis in Hedge Fund Accounting
- Certified Public Accountant (CPA)
- A College/University or Master's degree in accounting or finance
- Proficient in Microsoft Excel. PowerBI, Alteryx and/or VBA a plus
- Knowledge of various tools including Workiva, Wrike, Peoplesoft, JIRA
Major Duties:
- Responsible for managing a Fund Administration group for Hedge Fund Services.
- Operates independently; has in-depth knowledge of business unit/function.
- As subject area expert, provides comprehensive, in-depth consulting and leadership to team and partners at a high technical level.
- Carries out activities that are large in scope, cross-functional and technically difficult.
- Role is balanced between high level operational execution and development, and execution of strategic direction of business function activities.
- Conducts performance management and career development processes, provides input for staffing and disciplinary actions, and provides hands-on training to staff.
- Develops periodic goals, organizes the work, sets short-term priorities, monitors all activities, and ensures timely and accurate completion of the work.
- Provides input and support to budget management process.
Knowledge:
- Excellent oral and written communication skills are required
- In-depth Functional / Industry Knowledge is required
- Highly flexible and adaptable to change
- Technical skills/systems knowledge is required
- Leadership and organizational skills are required to develop periodic goals and to manage and motivate team members towards the goals set.
Experience:
- A College or University degree and/or relevant proven work experience is preferred. Related Industry qualification (e.g. ACCA) is preferred
Working with Us:
As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.
Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve Join a workplace with a greater purpose.
We'd love to learn more about how your interests and experience could be a fit with one of the world's most admired and sustainable companies Build your career with us and apply today.
Reasonable accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at
We hope you're excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.
Apply today and talk to us about your flexible working requirements and together we can achieve greater.
For further information, and to apply, please visit our website via the "Apply" button below.
-
Chicago, Illinois, United States Northern Trust Full timeAbout Northern Trust:Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring...
-
Hedge Fund Accounting Associate Manager
7 days ago
Chicago, Illinois, United States SS&C Technologies Full timeSS&C is a leading global provider of investment and financial services and software tailored for the financial services and healthcare sectors. Recognized on the Fortune 1000 list as a top U.S. company by revenue, SS&C is headquartered in Windsor, Connecticut, employing over 20,000 professionals across more than 90 offices in 35 countries. Approximately...
-
Hedge Fund Analyst
2 months ago
Chicago, Illinois, United States Hummingbird Capital Full timeHummingbird Capital is a hedge fund firm located in Greater Chicago Area that specializes in market-neutral portfolio construction using sector edge and a fundamental catalyst-driven approach to attain risk-adjusted returns.The investment strategy emphasizes non-consensus idea generation, focusing on factor neutrality, fundamental analysis, and identifying a...
-
Hedge Fund Accounting Associate Manager
7 days ago
Chicago, Illinois, United States SS&C Advent Full timePosition Title: Associate Manager, Hedge Fund AccountingCompany Overview: SS&C is a leading global provider of investment and financial services, as well as software solutions tailored for the financial services and healthcare sectors. Recognized on the Fortune 1000 list for its revenue achievements, SS&C operates from its headquarters in Windsor,...
-
Chicago, Illinois, United States Northern Trust Full timeAbout Northern Trust: Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring...
-
Chicago, Illinois, United States Northern Trust Full timeAbout Northern Trust:Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring...
-
Chicago, Illinois, United States CEDENT Full timeAbout the RoleWe are seeking a highly skilled and experienced Senior Consultant to join our Fund of Funds Administration team at CEDENT. As a key member of our team, you will be responsible for overseeing and undertaking various activities related to fund trading, reporting, and rebalancing operations.Key ResponsibilitiesOperate independently with in-depth...
-
Hedge Fund Services Senior Advisor
1 day ago
Chicago, Illinois, United States Northern Trust Corporation Full timeJoin a Prestigious Financial Services Firm:Become a vital part of a renowned financial services firm with a legacy of over 130 years in delivering cutting-edge financial solutions to elite clients globally. Engage with a dynamic team committed to upholding the precision and reliability of financial information for hedge funds and corporate entities.Core...
-
Consultant, Product Control, Hedge Fund Services
3 weeks ago
Chicago, Illinois, United States Northern Trust Full timeAbout Northern Trust: Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring...
-
Client Service Associate
6 days ago
Chicago, Illinois, United States Northern Trust Corporation Full timePosition Overview: Associate Specialist within Client Service Solutions, Hedge Fund Services at Northern Trust Role Summary:The Client Service Solutions (CSS) team at Hedge Fund Services (HFS) is dedicated to strengthening client relationships and optimizing operational efficiency. As a CSS Partner, you will serve as the main point of contact for clients,...
-
Chicago, Illinois, United States Northern Trust Full timeAbout Northern Trust:Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring...
-
Analyst, OTC/FX, Hedge Fund Services
1 month ago
Chicago, Illinois, United States Northern Trust Full timeAbout Northern Trust: Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring...
-
Client Service Solutions Associate
7 days ago
Chicago, Illinois, United States Northern Trust Corporation Full timePosition Overview: Associate Specialist within Client Service Solutions for Hedge Fund Services at Northern Trust Role Summary:The Client Service Solutions (CSS) team at Hedge Fund Services (HFS) is dedicated to fostering robust client relationships and enhancing operational efficiency at Northern Trust. As a CSS Partner, you will serve as the main point of...
-
Fund Accountant
2 weeks ago
Chicago, Illinois, United States Teza Technologies Full timeWe are looking for a Fund Accountant to join our team in Chicago. You will have an opportunity to be a part of an open and collaborative environment that is at the forefront of quantitative investing. We rely on people's autonomy and provide freedom to create the best algorithms in finance, while truly being attentive to a fundamentally important asset:...
-
Chicago, Illinois, United States Spartan Placements, LLC Full timeJob OverviewPosition: Assurance Manager - Registered FundsWe are seeking qualified candidates for our Assurance Manager role focused on Registered Funds. This position involves overseeing audit engagements for clients in the financial sector, particularly in the realm of investment funds.Key Responsibilities:Lead audit engagements for clients in the...
-
Lead Consultant in Fund Administration
7 days ago
Chicago, Illinois, United States Northern Trust Corporation Full timeJoin a Prestigious Financial Services Firm:Become a vital part of a renowned financial services firm with a legacy of over 130 years in delivering exceptional financial solutions to elite clients globally. Engage with a dynamic team committed to upholding the precision and reliability of financial information for hedge funds and corporate entities.Core...
-
Senior Fund Administration Consultant
6 days ago
Chicago, Illinois, United States Northern Trust Corporation Full timeJoin a Prestigious Financial Services Firm:Become a part of a globally esteemed financial services firm with a rich history of over 130 years in delivering exceptional financial solutions to elite clients around the world. Engage with a dynamic team focused on upholding the precision and reliability of financial information for hedge funds and corporate...
-
Funds Services/Fund Accounting Summer Internship
2 weeks ago
Chicago, Illinois, United States Alter Domus Full timeABOUT US We are Alter Domus. Meaning "The Other House" in Latin, Alter Domus is proud to be home to 85% of the top 30 asset managers in the alternatives industry, and more than 5,000 professionals across 23 countries. With a deep understanding of what it takes to succeed in alternatives, we believe in being different. Invest yourself in the alternative,...
-
Chicago, Illinois, United States Northern Trust Corporation Full timeOverviewThe Associate Specialist role within Client Service Solutions at Hedge Fund Services, Northern Trust, is pivotal in fostering robust client relationships and enhancing operational efficiency.Position Summary:As a key member of the CSS team, you will act as the primary point of contact for clients, ensuring their needs are met through effective...
-
Senior Fund Accountant
6 days ago
Chicago, Illinois, United States Oliver James Associates Full timeOliver James Associates is representing a prominent asset management firm specializing in Private Credit, seeking a seasoned fund accountant to enhance their expanding fund accounting division. The organization operates under a hybrid work model. The compensation package is competitive and includes extensive health benefits, paid time off, and retirement...