Senior Accountant – Treasury Support

Northern TrustChicago, IL
Hybrid

About The Position

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. We are seeking a highly analytical, detail-oriented Senior Accountant to join the Treasury Support function within the Corporate Controller’s Group. This position is responsible for the accounting, analysis, and reporting of treasury-related activities, while also contributing to treasury-focused projects and strategic initiatives. It offers broad exposure across Treasury, Corporate Accounting, and SEC Reporting, creating strong opportunities for professional development and future growth. As a key member of the team, the Senior Accountant supports the broader Finance and Accounting organization and offers visibility and interaction with senior leadership in both the Corporate Controller’s Group and the broader Finance organization.

Requirements

  • Bachelor’s degree in accounting or finance; CPA strongly preferred.
  • 7+ years of experience in accounting, preferably with a focus on treasury products.
  • Strong understanding of US GAAP.
  • Advanced Excel skills; experience with data analytics tools is a plus.
  • Ability to work in a fast-paced, global environment.
  • Excellent communication and collaboration skills.
  • 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

  • Experience with treasury-related systems and subledgers.
  • Experience in a banking environment or financial institution.
  • Experience in a publicly traded company or multinational corporation.
  • Knowledge of multi-currency environments and foreign currency translation.
  • Familiarity with SOX compliance and internal controls.

Responsibilities

  • Prepare and review journal entries and provide accounting guidance in support of treasury and liquidity reporting requirements.
  • Participate in treasury-related projects such as system implementations, product launches, or accounting policy changes.
  • Analyze net interest income results, investigate variances, and communicate key drivers to management.
  • Support the global month-end close process, including journal entries and account reconciliations.
  • Assist with SEC reporting, including but not limited to preparation of footnotes for the annual 10-K and/or quarterly 10-Q’s.
  • Partner with stakeholders across Treasury, Corporate Accounting, SEC Reporting, IT, and Internal Audit.
  • Assist with external audits by preparing schedules and responding to auditor inquiries.
  • Ensure compliance with SOX and internal control requirements.
  • Identify, recommend, and help implement process improvements to strengthen efficiency, control, and scalability.

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
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