Sr Accountant, Private Equity Accounting

Northern Trust • Chicago, IL

9d • $74,700 - $126,900 • Hybrid

About The Position

Northern Trust is a global leader in wealth management, asset servicing, asset management, and banking services. The Private Capital Administration department provides comprehensive administration, financial accounting, and investor reporting services for various funds including venture capital, buyout, mezzanine, life sciences, secondaries, and fund of funds. This role operates under general supervision, often working independently on complex projects and serving as a technical point of reference. The candidate will possess broad and in-depth knowledge in their field, strong analytical, consultative, and communication skills, and may lead projects or train junior staff. The focus is on maintaining and implementing policies and procedures, developing expertise in the area.

Requirements

• Four year degree program or related work experience in private equity accounting.
• Knowledge of federal, state, and local regulatory reporting.
• Analytical skills and problem-solving skills.
• Strong personal computer skills, including Microsoft Excel.
• 3-4 years of private equity accounting experience.
• Minimum of 3 years client servicing or related experience.
• Ability to work effectively in a team environment.
• Exhibit initiative, leadership, and flexibility.
• Experience with MS Suite of Systems (Excel/Access/Word) at an intermediate/advanced level.

Nice To Haves

• Experience with Investran.
• CPA accreditation.
• Understanding of the complexities of the private equity markets via past work experience.

Responsibilities

• Performing a variety of accounting, analytical, and financial reporting duties to ensure client and investor activity reporting is prepared and completed appropriately.
• Serving as a technical accounting expert without management responsibilities, acting as a subject matter expert and key advisor on significant business/accounting decisions.
• Assisting in preparing, compiling, and verifying external client and regulatory reporting.
• Preparing financial information for stockholders/investor reports.
• Researching and interpreting the impact of recent accounting developments and disseminating findings.
• Communicating with partners to resolve discrepancies or provide assistance on accounting or disclosure issues.
• Conducting special analysis and projects and preparing detailed reports for management review.
• Helping train and monitor performance of team members, co-workers, and client deliverables.

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: Senior