Manager, Prvt Equity Acctng

Northern Trust • Chicago, IL

8d • $103,000 - $175,200 • Hybrid

About The Position

Private Capital Administration provides third-party clients with comprehensive administration, financial accounting, and investor reporting services for their funds. Fund products supported include venture capital, buyout, mezzanine, life sciences, secondaries, fund of funds. Services include assistance with investment and divestment execution, investor drawdown and distributions, financial reporting and investor reporting.

Requirements

• Excellent oral and written communication skills are required
• In-depth Functional / Industry Knowledge is required
• Highly flexible and adaptable to change
• Technical skills / systems knowledge is required
• Leadership and organizational skills are required to develop periodic goals and to manage and motivate team members towards the goals set.
• A College or University degree and/or relevant proven work experience is required / preferred.
• Related Industry qualification is required / preferred
• 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).

Responsibilities

• Responsible for managing the Private Equity Accounting group(s).
• Conducts the performance management process, identifies training and development needs, and establishes performance standards for the relevant groups.
• Makes staffing decisions, and ensures resources are available to accomplish priorities.
• Participates in developing/provides input and support to the strategic plan and budge management process.
• Provides additional leadership support within large specialized groups.
• Focus of role is on execution of strategic direction of business function activities
• Carries out complex initiatives involving multiple disciplines and/or ambiguous issues
• Displays a balanced, cross-functional perspective, liaising with the business to improve efficiency, effectiveness and productivity
• Conducts performance management and career development processes, provides input for staffing and disciplinary actions and provides hands-on training to staff
• Develops periodic goals, organizes the work, sets short-term priorities, monitors all activities, and ensures timely and accurate completion of the work.
• Provides input and support to budget management process

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: Manager
• Education Level: Associate degree