Analyst Fees

Location
Limerick, Munster, Ireland
Salary
Unspecified
Posted
22 Sep 2021
Closes
29 Sep 2021
Ref
91722
Contract type
Permanent
Hours
Full time
Experience level
Qualified accountant

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 recognize the value of inclusion and diversity in culture, in thought, and in experience, which is why Forbes ranked us the top employer for Diversity in 2018.

Role/ Department:

This is a Fee Analyst position within an established International Fees Team and is required in order to support the business in EMEA. The successful individual will be based in Limerick and will report directly to the Continental Fees Team Manager who is also based in Limerick.

The team is responsible for the timely capture, recognition, billing and collection of non-custody service revenue for multiple legal entities and products across EMEA. This includes the calculation of the monthly revenue accruals and other control activities as part of the regional and global month end accounting close process. This role is ideally suited to a recent graduate wishing to pursue a career in Finance.

The key responsibilities of the role include:

  • Responsible for timely and accurate client billing across Northern Trust entities working to strict reporting deadlines.
  • Straight through collation and processing of revenue data received from stakeholders;
  • Collation, manipulation and analysis of source data to calculate revenue for complex fee arrangements;
  • Processing and manipulation of significant volumes of data within excel;
  • Collation and issue of corporate invoices in line with legal agreements in a time sensitive environment across various products and legal entities;
  • Manage payment instructions and oversee debtor balances of assigned Clients to ensure timely receipt
  • Calculation and accounting of fee accruals to ensure revenue for all clients and services are recorded in the correct accounting period
  • Record the cash settlements and reconcile cash to the General Ledger
  • Initial set-up and ongoing maintenance of client static data, ensuring correct interpretation of legal arrangements.
  • Work with the New Business, Client Services, and Operations Teams to ensure all new / terminated business is captured in full, correctly accrued and invoiced within agreed timelines for assigned Clients.
  • Timely communication and escalation of billing delays / issues.
  • Responsibility for Client / Business / Finance queries ensuring timely resolution, documentation and escalation.
  • Own all client queries and work with Team Manager to identify and implement solutions to all billing challenges.
  • Revenue variance analysis and reporting compiled accurately and within corporate deadlines;
  • Provide cover across the wider Non Custody Fees team as required.
  • Ensure adherence to SOX and audit requirements. Continually improve and strengthen controls.
  • Input to fee related internal & external audits.
  • Complete ad hoc / project work as required within deadlines agreed.

Skills/ Qualifications

  • Advanced level of IT skills notably MS Excel
  • Relevant financial or business degree/qualification
  • Meticulous attention to detail with an ability to work in a fast paced environment
  • Highly numerate with strong analytical skills;
  • Ability to apply the required level of logic, complex reasoning or problem solving skills to independently identify and resolve issues as they arise;
  • Exceptional relationship building skills targeted at ensuring deliverables are met with internal and external partners;
  • Enthusiastic and positive personality; Flexible approach towards changing work methods, deadlines and variable workloads
  • Strong planning and organisational skills.
  • Strong written and verbal communication skills.
  • Ability to adapt and react positively in a changing and dynamic work environment.

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 (REMOVE FOR LUX POSTINGS), 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.

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