Part Qualified Accountant

Associate Accountant, Private Equity

Private Equity

Role:

Prepare and assist in the preparation of the financial statements on investor-level reporting of entities administered by the Private Equity department in a timely, efficient and accurate manner adhering to the highest standards.

Principal Responsibilities:

Timetables:

• Prepare and circulate accounts timetables
• Support in planning activity of team Liaising with fund administrators
• Preparation and review of management fee calculations

Client Reporting:

• Critical background knowledge of entities worked on
• Effective communication with client, investors and other associated parties (based worldwide)
• Dealing with investor queries in an efficient and timely manner
• Able to prepare and issue ad-hoc reports to clients

Proforma Accounts:

• Prepare proforma accounts, ensuring they are in accordance with appropriate regulations/standards
• Agree proforma with clients/auditors
• Maintain capital accounts for limited partnerships

Preparation of Accounts:

• Liaising with other departments.
• Maintenance of client relationships
• Liaising re closing down of accounting periods
• Checking & maintaining ledger integrity
• Preparing standard accounts file
• Completion of appropriate checklists
• Liaising with auditors
• Preparing accounts for manager review/clearing points
• Sending accounts for inclusion in board packs
• Provision of information for US and UK tax returns

Bookkeeping / Cash Management

• Good understanding of bookkeeping including more complex transactions
• Understands cash management procedures for specific entities
• Able to check bank account reconciliations on a monthly basis
• Able to check cash reports on a monthly basis

Calls/Distributions

• Understands the call/distribution process
• Able to calculate the call/distribution amounts for recommendation by client
• Reviews and maintains records

Knowledge:

• Knowledge of regulatory issues, book-keeping
• Technical accounting knowledge (UK GAAP and IFRS)
• Knowledge of: Guernsey Company Law

Experience:

• Good understanding of Bookkeeping
• Experience in preparing accounts
• Experience in Funds/Private Equity (not essential)

Skills:

• Intermediate Excel skills
• Excel - Macro skills (not essential)
• Time Management & Organisational
• Effective Communication skills (Verbal & Written)
• Good command of the English language

Professional Qualifications:

Accounting Technician or First Stage/Part- Qualified ACA/ACCA or equivalent.

Core Competencies:

Client Focussed - Excellence in Execution - Effective Communication – Personal Courage – NT Savvy – Innovative - Diversity, Inclusion & Respect

About Northern Trust

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 18,500 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 December 31, 2018, Northern Trust Corporation had:

• $10.1 trillion in assets under custody/administration
• $7.6 trillion in assets under custody
• $1.1 trillion in assets under management
• $132 billion in banking assets

For further information, and to apply, please visit our website via the “Apply” button below.