Analyst, Fund Administration, Omnium Services

Northern Trust • Chicago, IL

12d • Onsite

About The Position

The Analyst role on the Omnium Services team supports core fund administration and financial reporting activities for a multi-billion hedge fund client. This position is designed for a recent accounting or finance graduate and focuses on executing defined processes related to monthly NAV close, investor accounting, and financial reporting under the guidance of senior team members. The Analyst will assist with data preparation, reconciliations, journal entries, and financial reporting deliverables while developing an understanding of fund structures, accounting processes, and internal and client systems.

Requirements

• Basic understanding of accounting principles (debits/credits, financial statements)
• Strong attention to detail and organizational skills
• Effective written and verbal communication skills
• Ability to follow established procedures and meet deadlines
• Proficiency in Microsoft Excel
• Willingness to learn financial systems (e.g., Subledger, ERP, investor accounting platforms)
• Ability to work in a collaborative, team-based environment
• Bachelor’s degree in Accounting, Finance, or related field
• Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa)

Nice To Haves

• Relevant work experience preferred; recent grads with relevant coursework or internship experience may be considered

Responsibilities

• Assist in preparation of monthly fund NAV and business entity close support and schedules; escalate items for review
• Compile, validate, and organize financial data for dissemination to clients and investors
• Support monthly close process through preparation and first level review of journal entries, supporting schedules, and reconciliations under supervision
• Assist in preparation of financial statements and supporting schedules for funds
• Prepare audit support documentation and respond to auditor requests with guidance from senior team members
• Participate in team learning and development opportunities
• Execute assigned tasks and support team deliverables while building technical and foundational knowledge of business unit and fund administration processes
• Perform defined tasks within established processes and escalate issues as appropriate
• Support process execution and contribute to continuous improvement initiatives by identifying issues or inefficiencies

Benefits

• 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
• other voluntary and well-being benefits
• discretionary bonus program that may include an equity component

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level