Senior Accountant - Private Equity
- Recruiter
- Northern Trust
- Location
- Luxembourg
- Salary
- Unspecified
- Posted
- 19 Nov 2024
- Closes
- 19 Dec 2024
- Ref
- R134143
- 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/ Department:
The successful candidate will be expected to take a pivotal role in managing and delivering the reporting needs of a highly accomplished global private equity firm through the development of the Accounting Team and of the relationships with the client, auditors and other third parties. The role will require the successful candidate to review, assist and prepare a variety of deliverables to include audited financial statements, management accounts, the provision of information for tax reporting purposes and ad-hoc reporting for entities administered by the Private Equity department in a timely, efficient and accurate manner adhering to the highest standards.
The key responsibilities of the role include:
- Leading by example: Demonstrating professional judgement and attitude in all aspects of your work to assist in furthering an environment which encourages employee participation, teamwork and communication enabling the delivery of a first class professional and efficient service
- Communication: Promoting effective communication via individual 1:2:1 and team meetings. Maintaining a strong relationship with the client, auditors, administration team and other Northern Trust departments
- Accounting Team development: Enabling the development of partners by increasing their technical knowledge and skillsets to allow them to fully carry out their functions through the effective interim reviews, coaching and evaluation of the results. This will include providing and enabling on the job training and ensuring that all procedures are kept up to date and are adhered to on a daily basis
- Organisation of the Accounting Team: Through discussion with the client and external parties (where required), establish concise timetables for all key deliverables. Ensure that these are adhered to by the team and enable proactive communication throughout the process. Identify system and process enhancements for discussion and following approval, co-ordinate the introduction of such enhancements. Prioritise assignments, providing continuous feedback to staff and escalating issues appropriately
- Technical knowledge: Advising on potential accounting issues and current best practises as well as sharing knowledge, expertise and guidance with both the team and the client. Understand complex transactions and opine on extensive cash management procedures for varying entities. Develop an understanding of the call and distribution processes and the transfer of shares / limited partner interests for the various entities
- Pro forma Accounts: The ability to design pro forma accounts as required, ensuring they are in accordance with appropriate regulations/standards and agreed with clients/auditors
- Account preparation process: Oversee the preparation of the relevant tax information or accounting statements up to and including presentation to the Board of Directors (where required).
- Client reporting: Develop client specific knowledge to facilitate the delivery of ad-hoc queries.
- Other deliverables: Ensuring the completion of accurate complex fund valuations, distributions, calls / drawdowns, management fee and other calculations
- Internal reporting: Completion of NT internal reporting as required
Skills/ Qualifications:
- The ideal candidate will hold an accounting qualification (ACA or ACCA preferred) and be familiar with the commonly used accounting standards/GAAPS
- Excellent oral and written communication skills
- Confidence in communicating directly with clients and other senior stakeholders
- Strong leadership and change management attributes
- Good analytical and problem solving skills
- Ability to set priorities and manage deadlines
- Advanced Excel Skills and knowledge of Investran would be an advantage
- Good team player, self-starter, flexible, with the ability to work under pressure with minimal supervision
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.