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Sr Accountant - Governance & Controls

The Senior Accountant role is responsible for performing a variety of complex accounting, and analytical duties in support of the Global Governance team within the Global Fee Management (GFM) Team. This role serves as one of the primary contacts for all fee revenue related analysis and inquiries from our business partners. The Senior Accountant will investigate revenue related issues as they arise and drive them to resolution to ensure accurate and timely revenue booking. Additionally, the individual is responsible for assisting in the oversight and application of key controls and operating procedures across the team. The Senior Accountant will adhere to the compliance guidelines and internal auditing requirements of the Bank and assist the Fees Leadership Team with ensuring best practices are followed. Works to understand and optimize processes in conformity to rigorous standards for accuracy and timeliness required by Northern Trust and other external bodies. The Senior Accountant will accurately and efficiently complete all assigned fee revenue related tasks and responsibilities, demonstrate a firm understanding of our processes, the risk associated with them, and their impact to the Bank's financial statements.
MAJOR DUTIES
Collaborate with GFM teams and Management across multiple locations to identify, design, and implement process improvements and policies for greater efficiency as well as striving towards Global consistency
Proactively participate in establishing a robust control environment, including understanding and adherence to all regulations, policies, controls and audit points related to GFM
Oversight of SOX, internal and external audits, including planning and liaising with Internal and External Audit, GFM teams and Corporate teams
Create SOX process flows for review of Global Governance Manager and sign off by GSC Manager, RSC Managers and the SOX team
Coordinate, oversee and perform sample testing of controls to ensure compliance with various key and SOX 404 controls
Create and maintain Service Agreements and Service Descriptions for review of Global Governance Manager and sign off by GSC Manager, RSC Managers and related parties to the Service Agreements
Create and maintain Risk and Control Self-Assessment Analyses for review of Global Governance Manager, GSC Manager, RSC Managers and Risk/Compliance
Review Balance Sheet account reconciliations and source system reconciliations and monitor the resolution of exceptions/differences in conformity with Corporate Policy
Oversight of the KPI packs prepared by the Global Service Center analysts and perform ongoing assessment of effectiveness of the metrics and drive change where necessary
Liaise with the GFM Accountants to research and resolve complex accounting transactions and reporting issues, providing insight where expertise is required to interpret policies, guidelines and/or processes and ensure compliance across the GFM teams
Maintain fees team accounting calendar and oversight of accounting configuration changes within ORMB
Act as key contact for various internal and external partners, including business unit partners and build strong relationships to help meet their business needs
Other Ad-hoc projects and initiatives, the nature of which could vary
JOB REQUIREMENTS
Bachelors in Accounting required, professional accounting qualification or equivalent
Previous experience in SOX and Audit related activities preferred
3-5 years of corporate accounting/general ledger and experience in effective control design and assessment
Ability to apply advanced knowledge of accounting principles, specifically billed and accrued revenue recognition
Role does not have direct reports but requires oversight of activities performed by other partners
Self-starter with an ability to self-motivate, work independently and under pressure and to deliver to tight deadlines where the accuracy and timeliness of data is critical
Flexible approach towards changing work methods, deadlines and variable workloads
Ability to adapt and react positively in a changing and dynamic work environment
Ability to implement enhancements that will move the department forward while proactively driving continuous improvements by challenging the status quo
Excellent communication, written and verbal e.g. experience of presentations +/or chairing senior level meetings, be able to tailor communication effectively across different levels of partners and work effectively with overseas teams
Advanced MS Excel and other Microsoft applications skills, experience with ORMB a plus
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 16,500 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 March 31, 2018, Northern Trust Corporation had:
$10.8 trillion in assets under custody/administration
$8.1 trillion in assets under custody
$1.2 trillion in assets under management
$130 billion in banking assets



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