Senior Consultant, Financial Reporting

About Northern Trust:

Northern Trust provides innovative financial services and guidance to corporations, institutions and affluent families and individuals globally. With 130 years of financial experience and nearly 20,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

As a Northern Trust employee (Partner), you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company that is committed to strengthening the communities we serve.

Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you would benefit from adjustments for any part of the employment process, please inform the recruiter to discuss your individual requirements.

We strive to have a globally diverse workforce where engagement and inclusion drive business excellence. We believe in the power of collaborative partnerships and are proud to work with a number of organisations across EMEA who provide us with ongoing knowledge, education and insights to support our efforts.

We monitor our progress by participating in market benchmarks which assess industry best practice and are delighted to have received a Silver Award from the Mind Workplace Wellbeing Index over two consecutive years, and a Gold Award from the UK Ministry of Defence Employer Recognition Scheme.

Reporting to a Divisional Manager or Head of Financial Reporting Ireland Operations – Limerick

Responsible for identifying and interpreting changes to accounting standards and regulations that will impact the client allocation within the department, as well as liaising with external audit firms to develop solutions regarding the impact of such changes.

The candidate will be responsible in assisting with the review of financial statements across the department in addition to identifying and implementing best practice across teams. The candidate will work closely with the training department to identify training needs and develop best practice solutions for Ireland FR and our outsourced locations.

The candidate will also work the management team with regards to client servicing, new business opportunities and client due diligence presentations.

PRINCIPAL RESPONSIBILITIES

• Responsible for establishing best practice within the department to provide unrivalled client satisfaction and continuously improve the department’s performance to clients (internal and external) year on year.
• Responsible for the reviewing and delivery of financial statements where required to ensure they are compliant with current accounting and regulatory requirements.
• Become the primary point of contact with each of the our associated Audit Firms, work closely with the Audit Firms and facilitate technical briefs and updates for the department, thereby keeping abreast of industry and regulatory developments.
• Represent Northern Trust Financial Reporting at relevant external forums which have impact on our business.
• Identify training and development needs and establish performance standards for the department.
• Guide staff in the resolution of non-routine and complex financial reporting issues.
• Liaise with Compliance and other relevant internal stakeholders where required.

SKILLS / EXPERIENCE

Experience

• Proven experience in the investment management industry acquired through working in the fund administration, asset management or securities operations industry or audit industry.
• Financial reporting experience preferred.
• Demonstrated leadership and team-building qualities and ability to motivate a team.
• Strong communication, first class presentation and internal and external client-servicing skills.
• Evidence of successful negotiation skills
• Detailed knowledge of both onshore and offshore funds administration. In particular Irish/UK GAAP and IFRS experience.
• Working knowledge of the Irish regulatory regime as it relates to Fund Accounting and Financial Reporting.

Systems

• Knowledge of the leading Fund Accounting and Financial Reporting systems. Experience with vendors preferred (Bloomberg, Reuters etc.).
• Understanding of how Fund Accounting systems link and interface to other systems.

Process Skills

• Ability to provide input into long term strategy for department.

Client Service

• Experience of representing businesses to current clients via presentations etc.
• Instil a client service culture among staff and ensure that all clients receive a quality service.
• Contribute to the marketing and sales process to prospective clients via presentations, RFP responses etc.

People Management

• Experience of designing and implementing development plans, training plans, best practice solutions for all levels of staff in various locations
• Be an effective communicator, motivator, coach and mentor.

Business Management

• As a manager, jointly manage the ongoing success of NT Ireland.
• Whilst maintaining primary responsibility for Financial Reporting think creatively and ‘outside of the box’ in terms of taking joint responsibility for other areas.

Personal Development

• Have the ability to develop further as the business grows.
• Genuine committed interest in own career development

Qualifications

• Relevant Professional Qualifications.
• Managerial & PC skills training.

Working with Us:

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 ethical companies. In return, we will support you with your personal and career goals in a number of ways:

Financial – Life Assurance, Disability Plan, Pension/ Gratuity, Annual Pay Review

Work Life Balance – Flexible Work Options, Incremental Annual Leave, Community Volunteer Days

Health & Wellbeing – Private Medical Insurance, Active Sports & Social clubs (lunchtime and after-work groups), Employee Assistance Program

Professional Development – Clear Career Path, Education Assistance, Recognition Programme, NT University (wide range of online, virtual & in-house training options) and employee-led Business Resource Councils dedicated to diversity and inclusion initiatives.

And Finally

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.