Associate Accountant, Fund Accounting
Northern Trust
Boston, MA0–37 yrs2d agovia LinkedIn
About the Role
Join our Fund Accounting team and build a strong foundation in investment operations and financial reporting. This role is ideal for recent graduates or early-career professionals interested in accounting, finance, and investment funds.
Key Responsibilities
- Prepare and maintain daily, weekly, and monthly fund accounting records.
- Assist in the calculation and verification of Net Asset Values (NAVs) for investment funds.
- Reconcile cash, securities, and other balance sheet accounts.
- Monitor and resolve accounting breaks and reconciliation discrepancies.
- Process and review investment transactions, including purchases, sales, income, and corporate actions.
- Ensure adherence to internal controls, policies, and operating procedures.
- Participate in process improvement initiatives to enhance efficiency and reduce operational risk.
Requirements & Tech Stack
- Bachelor's degree in Accounting, Finance, Business, or a related field.
- Strong analytical and problem-solving skills.
- High attention to detail and accuracy.
- Proficiency in Microsoft Excel.
- Strong communication and teamwork skills.
- Prior internship or accounting/finance experience is a plus.
Qualifications
- Knowledge of mutual funds, hedge funds, private equity funds, or other investment vehicles.
- Ability to work well both independently and as a team.
- Effective written and verbal communication skills.
- Adaptability in a fast-paced, deadline-driven environment.
Salary Range: $43,200 - $64,800 USD
Work Authorization: Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship.