Northern Trust
Base pay range
$114,700.00/yr - $194,900.00/yr
Additional compensation types Annual Bonus
Fund Administrator Specialist will be responsible for:
Fund Administration Support – perform and oversee daily fund administration tasks as needed including account reconciliations, NAV calculations, financial statement reviews, and independent price testing to ensure timely and accurate completion of deliverables.
Cross-Team Collaboration – serve as an expert resource within the dedicated client team, providing back up support, assisting with complex client needs and driving cross functional projects as assigned.
Operational Bench Strength – act as a flexible resource within the fund administration team stepping in to handle key tasks during periods of increased volume, staffing transitions, or specialized project needs.
Process Improvement – identify and recommend process enhancements to improve accuracy, efficiency, and scalability within the fund administration workflows, working closely with internal teams and client to implement best practices.
Documentation and Training – create and maintain comprehensive documentation for all fund administration processes and lead training sessions to strengthen overall team knowledge and bench depth
Qualifications Degree in Accounting and a CPA is a plus
Prior FOS Assurance experience at a Big 4 is a plus.
Exceptional Depth in Fund Administration & Oversight:
Ideal candidate should have 5+ years of progressive experience, encompassing hands-on NAV calculation, reconciliation, financial reporting, and the oversight of third-party administrators for diverse fund structures (public, private, hedge funds). A technical expertise in Fund Administration is vital to this role.
Proven Process Improvement & Project Leadership:
A track record of identifying and implementing efficiencies, process improvement measures and heading up technology and improvement projects.
Consultative & Collaborative Subject Matter Expert:
Ability to collaborate across front, middle, and back-office groups on complex fund events and NAV error remediation to \"serve as an expert resource, handle complex client needs, and drive Cross-Team Collaboration.\"
Seniority level
Mid-Senior level
Employment type
Full-time
Job function
Accounting/Auditing
Finance
Consulting
Industries
Investment Management
Venture Capital and Private Equity Principals
#J-18808-Ljbffr
Additional compensation types Annual Bonus
Fund Administrator Specialist will be responsible for:
Fund Administration Support – perform and oversee daily fund administration tasks as needed including account reconciliations, NAV calculations, financial statement reviews, and independent price testing to ensure timely and accurate completion of deliverables.
Cross-Team Collaboration – serve as an expert resource within the dedicated client team, providing back up support, assisting with complex client needs and driving cross functional projects as assigned.
Operational Bench Strength – act as a flexible resource within the fund administration team stepping in to handle key tasks during periods of increased volume, staffing transitions, or specialized project needs.
Process Improvement – identify and recommend process enhancements to improve accuracy, efficiency, and scalability within the fund administration workflows, working closely with internal teams and client to implement best practices.
Documentation and Training – create and maintain comprehensive documentation for all fund administration processes and lead training sessions to strengthen overall team knowledge and bench depth
Qualifications Degree in Accounting and a CPA is a plus
Prior FOS Assurance experience at a Big 4 is a plus.
Exceptional Depth in Fund Administration & Oversight:
Ideal candidate should have 5+ years of progressive experience, encompassing hands-on NAV calculation, reconciliation, financial reporting, and the oversight of third-party administrators for diverse fund structures (public, private, hedge funds). A technical expertise in Fund Administration is vital to this role.
Proven Process Improvement & Project Leadership:
A track record of identifying and implementing efficiencies, process improvement measures and heading up technology and improvement projects.
Consultative & Collaborative Subject Matter Expert:
Ability to collaborate across front, middle, and back-office groups on complex fund events and NAV error remediation to \"serve as an expert resource, handle complex client needs, and drive Cross-Team Collaboration.\"
Seniority level
Mid-Senior level
Employment type
Full-time
Job function
Accounting/Auditing
Finance
Consulting
Industries
Investment Management
Venture Capital and Private Equity Principals
#J-18808-Ljbffr