Analyst, Fund Administration, Omnium Services

About the Role

Analyst, Fund Administration, Omnium Services at Northern Trust. This role is designed for recent graduates in accounting, finance, or a related field and will help build foundational skills in monthly NAV close, investor accounting, reconciliations, and financial reporting. You will support core fund administration and financial reporting activities while learning from experienced team members.

Key Responsibilities

• Help prepare monthly fund NAV close support, business entity close schedules, and related materials for review.
• Gather, check, and organize financial data that is shared with clients and investors.
• Support the monthly close process by preparing journal entries, schedules, and reconciliations with guidance from senior team members.
• Assist with financial statements and supporting schedules for funds.
• Prepare audit support materials and help respond to auditor requests with team guidance.
• Take part in team learning, training, and development opportunities.
• Complete assigned tasks while building technical knowledge of fund administration and IPS processes.
• Follow established processes, meet deadlines, and raise questions or issues when support is needed.
• Contribute ideas that help improve how the team works and delivers for clients.

What You’ll Gain

• Hands-on exposure to hedge fund accounting, financial reporting, and client support early in your career, while working with a high-visibility team supporting a marquee hedge fund client.
• A supportive environment to build confidence, learn defined processes, and grow into more complex responsibilities.
• Opportunities to develop skills in technical accounting, financial reporting, data analysis, systems, process management, problem-solving, communication, and collaboration.
• A path to explore future growth within the team, Fund Administration, Integrated Portfolio Services, or other areas of Northern Trust.

Requirements & Tech Stack

• Basic understanding of accounting principles, including debits, credits, and financial statements.
• Strong attention to detail and the ability to stay organized.
• Clear written and verbal communication skills.
• Ability to follow established procedures, manage priorities, and meet deadlines.
• Proficiency in Microsoft Excel.
• Interest in learning financial systems, such as subledger, ERP, or investor accounting platforms.
• Motivation to learn, ask questions, and contribute in a collaborative, team-based environment.

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field required.
• Relevant work experience preferred; recent graduates with relevant coursework or internship experience may be considered.

Work Authorization

• 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.