Assoc Specialist, Fund Admin, HFS

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.

The Northern Trust Company seeks an Associate Specialist, Fund Administration, HFS to review daily and monthly funds and business entity closing summaries. Report and analyze financial data to be disseminated to clients and investors. Close daily and monthly books and records of funds to generate and QC Fund management and incentive fees and fund performance figures. Prepare financial statements for funds and ensure accuracy of annual financial statements.

Resolve accounting-related questions on financial transactions and resolve technical accounting policy questions.

• Review daily and monthly funds and business entity closing summaries.
• Report and analyze financial data to be disseminated to clients and investors.
• Close daily and monthly books and records of funds to generate and QC Fund management and incentive fees and fund performance figures.
• Prepare financial statements for funds and ensure accuracy of annual financial statements.
• Resolve accounting-related questions on financial transactions.
• Resolve technical accounting policy questions.

• Bachelor's degree in finance, Business Administration, Accounting, or a related field.
• 3 years of experience in fund administration.
• Minimum 3 years of experience delivering Net Asset Value and Gross Asset Value packs to clients according to schedule.
• Minimum 3 years of experience managing accurate booking and review of all capital activities.
• Minimum 3 years of experience analyzing fund manager statements to facilitate accurate valuation of a fund.
• Minimum 3 years of experience performing reconciliation of valuations.
• Minimum 3 years of experience gathering business requirements for GAP analysis and preparing Functional Requirement Documents.
• Minimum 3 years of experience reviewing monthly fund and business entity closing summaries.

Part-time telecommuting may be permitted. 5% domestic and international travel required.

Job Location:

Tempe, AZ.
Rate of Pay: $90,820.00 - $ per year.

Salary Range: $90,820.00 - $
Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.

To apply, please visit  and enter job requisition number R150559 when prompted. Alternatively, please send your resume, cover letter, and a copy of the ad to: G. Duggan, 181 W. Madison, Chicago, IL 60602.

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. #Made For Greater

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

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.