Fund Accountant (Fee Set up)

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.

Department overview

• Under direct supervision, the successful candidate will be responsible for the initial set up and maintenance of new Funds and responsible of the periodical liabilities review.
• The role will require involve strong communication between various internal departments while offering the opportunity to learn and upskill within a funds environment.

Main responsibilities

As a Fund Accountant you will be responsible for:

• Analysis of the Fund legal documentation and Transcription into our Fee grid template
• Setup and maintenance Accruals in Fund Accounting Application
• Periodical review of Payable accounts and Budget
• Cooperation within the payment team in regards to Invoices
• Cooperation related with the launch of new Fund, Sub-fund, Share-classes
• Cooperation related with fund mergers
• Cooperation related with fund liquidations
• Cooperation related to other events such as transfers in kind, changes of administrators, changes of portfolio managers, changes of custodian banks, etc.
• Responsible for identifying and resolving problems within established guidelines
• Expected to use some initiative but refer more complex problems to supervisors/experts
• Works effectively as a team member but also independently

Requirements

• Degree (University) in economics/business administration/accounting or Final secondary school examinations
• Work experience of at least 5 years in a similar position and environment and sound experience in fund accounting desirable
• Good knowledge of the securities / investment business, including derivative instruments, corporate actions and settlement
• Good knowledge of accounting principles in general and a numerical literate
• GP4 strong knowledge, good command of Excel
• Ability to work under pressure and meet strict deadlines.
• Very good teamwork and communication skills.
• Fluent communication skills in English and French
• Willingness to travel within Europe if necessary

You are:

• Flexible, reliable, team-oriented, open and communicative personality. Ability to work under time pressure. Good organization and coordination skills. Good oral and written communication skills are required.
• Work experience in Fund accounting and strong knowledge of GP4.
• Analytical and problem solving skills are required.

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.

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.

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.