Financial Reporting Associate Accountant

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 18,100 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 June 30, 2018, Northern Trust Corporation had:
$135 billion in banking assets
$8.1 trillion in assets under custody
$10.7 trillion in assets under custody/administration
$1.1 trillion in assets under management
The Financial Reporting group provides internal and external clients with assistance related to the annual audits and/or interim regulatory SEC filings across a diverse set of registered mutual funds and non-registered funds, including, but not limited to, common and collective trust funds, partnerships, and hedge funds that invest in a wide array of investment strategies and asset classes. The group has an open associate accountant position that will report directly to the team leader of the team. The associate accountant will be responsible for the preparation of financial statements as well as the preparation and review of schedules of investments (SOIs), while also ensuring deliverables are met in a timely and efficient manner. The associate accountant will also assist in resolving auditor open items and incorporating comments to the financial statements. The associate accountant will be expected to provide feedback related to increasing productivity and efficiency within the financial statement and SOI preparations. Additionally, the associate accountant will be responsible for preparing N-SAR filings in an accurate and timely manner related to the mutual fund base.
Major Duties:
1.Preparation of financial statements and preparation and review of SOIs ? ensuring quality of work by communicated deadline
2.Review of cash and holding reconciliations and posting necessary adjusting journal entries to Funds as well as the understanding of the reconciliation issues and how to resolve them
3.Assisting in the research to resolve auditor open items and incorporating comments to the financial statements
4.Contributing ideas related to building efficiencies within the financial statement and SOI preparation process
5.Effectively managing and prioritizing time in order meet client and auditor deliverables
Detail oriented with excellent organizational and prioritization skills
Excellent verbal and written communication skills
Great personality and a team player
Ability to multi-task in a fast-paced work environment and easily able to adapt to change
Strong performer with high standards of integrity & work ethic
Familiarity with Generally Accepted Accounting Principles (GAAP)
Understanding of various investment products
Ambitious and having a desire to pursue a career in asset management
Prior knowledge and understanding of journal entries
Experience Required:
Degree in finance or accounting
Advanced knowledge of Microsoft Excel and Word

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