Northern Trust

Consultant, Manila Investment Accounting and Analytical Services (IAAS)

Location
Manila, Philippines
Salary
Unspecified
Posted
20 Feb 2024
Closes
20 Mar 2024
Ref
109855
Contract type
Permanent
Hours
Full time
Experience level
Qualified accountant

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.

Role Summary 

Manila Investment Accounting and Analytical Services (IAAS) team is responsible for the reconciliation of financial reporting data and the preparation of cyclical customized reporting to NT clients. They work closely with their counterparts to deliver superlative data quality and first class client service. As experts in this field, partner would have a strong base knowledge in accounting principles, adaptable with working in multiple financial platforms and best in class client service. 

Focus on resolution of SAP FAM transactions and custody accounting, where investment accounting knowledge is required to interpret policies, guidelines and/or processes. Emerging as an expert in a multi-basis reporting. Full ownership for one or more processes, reports and/or procedures. Analytically and procedurally competent, representing the team on accounting or project deliverables. Technical experts without management responsibilities, seen as key advisors on significant business decisions. Manage and consult daily operational activities, serve as a liaison to related areas, and assist in monitoring day-to-day work of junior level employees. Involve in consultative, problem solving, client engagement/onboarding projects. Demonstrate excellent analytical, consultative, communication, and judgment skills.

Responsibilities may include: 

  • 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
  • Review NT custody data with SAP accounting systems to ensure accuracy and adherence to client’s custom reporting requirements.
  • Ensure appropriate books and records are maintained for all client investment portfolios by applying the proper STAT, GAAP, and Tax prescribed guidance.
  • Review and analyze investment activity for client portfolios and perform transactions (i.e. cash, corporate actions, income) and holdings reconciliations.
  • Ability to collaborate with consultants, peers, clients and internal stakeholders on handling queries and requests.
  • Escalates relevant and critical issues to management and all pertinent partners/clients in a timely and efficient manner.
  • Ensures that team/division’s goal for accuracy and timeliness is maintained.
  • Ensure that client documentation/schematics are complete and accurate.
  • Ability to lead, support and/or strategize on projects focused on improving service delivery, capacity management and productivity.

Qualifications: 

  • An undergraduate degree with strong background of accounting and financial principles relating to investment, multi-basis accounting (regulatory, statutory, tax) and GAAP basis.
  • Minimum of 5 years related work experience in audit function and valuation composition.
  • Knowledge of investment accounting and financial instruments, specifically related to multi-basis accounting and U.S. GAAP standards.
  • Must have strong working knowledge of fixed income and equity securities and understand activity related to accruals, income payments, and other maintenance transactions.
  • Display strong communication and presentation skills to stakeholders, clients and client servicing teams.
  • Analytical skills are required to research and resolve inquiries. Excellent oral and written communication skills are required.
  • Has strong project management, critical thinking and strategic thinking skills to lead process migration.
  • Confident, well-balanced, fast learner, resilient and approachable.
  • Problem solver and results oriented.
  • CPA is highly preferred but not a requirement
  • Experience with SAP FAM applications are highly desired.

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 MyHRHelp@ntrs.com.

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. 

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