Senior Consultant, Hedge Fund Accounting

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. We provide innovative financial services and guidance to the world's most successful individuals, families, and institutions, remaining true to our enduring principles of service, expertise, and integrity. With over 22,000 partners, we serve sophisticated clients using leading technology and exceptional service.

Role

We are currently recruiting for Senior Consultant in the Financial Control team within Omnium Services Group EMEA. The role offers exposure to a fast paced environment and multiple product types, and includes end to end involvement in the hedge fund administration cycle.

Key Responsibilities Fund Accounting

• Preparation and review of operating expenses for funds on a weekly/monthly basis.
• Production and review of month end close packs for various clients on a weekly/monthly basis.
• Validation of monthly NAVs and associated accounting records.
• Interaction with clients and internal teams to understand fund activities.
• Engagement with other HFS teams to support projects including fund launches and migrations.

Investor Accounting

• Allocation of profit and loss across investor share classes and series.
• Calculation and verification of class level expenses such as management fees.
• Calculation and verification of various performance fee methodologies.
• Work with Investor Services team to ensure investor statements are timely and accurate.

Financial Reporting

• Participation in the preparation and review of financial statements for funds on an annual basis.
• Collaboration with external auditors to ensure accuracy of each fund's annual financial statements.
• Work with shared services teams to ensure timely follow up and completion of audit requests.

Regulatory Reporting

• Participation in the monthly and quarterly preparation and review of regulatory reporting for applicable funds.
• Engagement in project initiatives to strengthen and expand HFS regulatory reporting services on MMIF, FVCs, and SPVs.

Qualifications

• Qualified accountant (ACA, ACCA or equivalent) or working toward qualification. (Preferred but not required.)
• Knowledge of hedge funds and alternative investment structures is an advantage.
• Knowledge of financial reporting under US GAAP & IFRS and footnote disclosures is an advantage.
• Strong financial analysis skills.
• Client service experience.

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 .