Northern Trust
Sr. Accountant - Close and Consolidations
Northern Trust, Chicago, Illinois, United States, 60290
Overview
Sr. Accountant - Close and Consolidations Join to apply for the Sr. Accountant - Close and Consolidations role at Northern Trust. About Northern Trust: Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. Northern Trust provides 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. This person will join the Close, Consolidations, and Reporting team within the Corporate Controller’s Group and is primarily responsible for the monthly global consolidations of the multinational corporation, assisting in the Corporation’s monthly general ledger close and coordinating the delivery of financial reports produced within Close, Consolidations, and Reporting in support of SEC Reporting and Investor Relations. The position provides varied exposure to many areas of the Corporation, with extensive interaction with the business, operations, technology and finance teams to govern the monthly close and communicate initiatives. The position reports to a Vice President in Chicago, who is the ESG Controller. Responsibilities
Responsible for the monthly close and consolidations of the global financial results. Assist in corporate consolidation and analysis of monthly financial results. Prepare and review periodic financial statements on a consolidated basis. Handle specialized accounting areas within Corporate financial reporting (such as transfer pricing, journal entries, etc.). Assist in the preparation, completion, and documentation of certain SEC reporting deliverables. Set up and account for complex multi-tier investment entities. Act as a key contact for various internal and external partners, communicating succinctly and interpreting financial results to business leaders. Recommend and implement process improvements identified in day-to-day work. Perform variance analyses to assess the impact of financial strategies on the financial position and operating results. Work with internal and external partners on cross-functional processes or projects. Develop in-depth knowledge of financial reporting systems and share knowledge. Manage preparation of manual or ad-hoc reconciliations, ensuring documentation and accounting comply with corporate requirements and policies. Respond to and resolve queries from Business/Finance and other colleagues in a timely manner. Work closely with Finance teams in other locations. Required Skills
Qualified accountant (preferably CPA) with experience in a multi-currency financial services environment. Strong knowledge of US GAAP accounting requirements. Experience with PeopleSoft GL and Hyperion Finance management is a plus. Experience with Workiva/Wdesk is a plus. Experience in a multi-entity global publicly traded corporation consolidations team. Solid understanding of inter-company transactions, eliminations, and equity pickup. Strong knowledge of foreign currency translation, functional currency, reporting currency, and remeasurement. Background in a corporate financial control environment with knowledge of accounting, reporting, and financial control requirements as well as statutory and audit requirements. Ability to work in a fast-paced monthly close environment to complete the global consolidations process timely and accurately within the Northern Trust monthly close cycle. Solid understanding of consolidated financial statements. Ability to understand how detailed activities fit into the larger financial accounting and reporting picture for individual entities and the Corporation as a whole. Required Competencies
Self-starter with the ability to self-motivate. Strong planning and organizational skills. Excellent verbal and written communication skills. Ability to meet strict deadlines by multi-tasking and prioritizing deliverables. Solid documentation techniques. Flexible approach toward changing work methods, deadlines and workload. 4-6 years of corporate or industry experience with business and technical accounting knowledge. Advanced IT skills with MS Office (Word, Excel, PowerPoint, Outlook). Proven ability to assess issues, identify solutions and problem solve. Strong analytical skills and high attention to detail. Salary Range
$83,100 - 141,300 USD Salary range is a good-faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits, paid time off, parental and caregiver leave, life and accident insurance, and other voluntary and well-being benefits. A discretionary bonus program may include an equity component. Working With Us
As a Northern Trust partner, you will be part of a flexible and collaborative work culture with financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to communities we serve. We’d love to learn how your interests and experience could fit with one of the world’s most admired and sustainable companies. Build your career with us and apply today. Reasonable accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com. We value an inclusive workplace and understand flexibility means different things to different people. Apply today and discuss your flexible working requirements with us. Job Details
Seniority level: Mid-Senior level Employment type: Full-time Job function: Accounting/Auditing and Finance
#J-18808-Ljbffr
Sr. Accountant - Close and Consolidations Join to apply for the Sr. Accountant - Close and Consolidations role at Northern Trust. About Northern Trust: Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. Northern Trust provides 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. This person will join the Close, Consolidations, and Reporting team within the Corporate Controller’s Group and is primarily responsible for the monthly global consolidations of the multinational corporation, assisting in the Corporation’s monthly general ledger close and coordinating the delivery of financial reports produced within Close, Consolidations, and Reporting in support of SEC Reporting and Investor Relations. The position provides varied exposure to many areas of the Corporation, with extensive interaction with the business, operations, technology and finance teams to govern the monthly close and communicate initiatives. The position reports to a Vice President in Chicago, who is the ESG Controller. Responsibilities
Responsible for the monthly close and consolidations of the global financial results. Assist in corporate consolidation and analysis of monthly financial results. Prepare and review periodic financial statements on a consolidated basis. Handle specialized accounting areas within Corporate financial reporting (such as transfer pricing, journal entries, etc.). Assist in the preparation, completion, and documentation of certain SEC reporting deliverables. Set up and account for complex multi-tier investment entities. Act as a key contact for various internal and external partners, communicating succinctly and interpreting financial results to business leaders. Recommend and implement process improvements identified in day-to-day work. Perform variance analyses to assess the impact of financial strategies on the financial position and operating results. Work with internal and external partners on cross-functional processes or projects. Develop in-depth knowledge of financial reporting systems and share knowledge. Manage preparation of manual or ad-hoc reconciliations, ensuring documentation and accounting comply with corporate requirements and policies. Respond to and resolve queries from Business/Finance and other colleagues in a timely manner. Work closely with Finance teams in other locations. Required Skills
Qualified accountant (preferably CPA) with experience in a multi-currency financial services environment. Strong knowledge of US GAAP accounting requirements. Experience with PeopleSoft GL and Hyperion Finance management is a plus. Experience with Workiva/Wdesk is a plus. Experience in a multi-entity global publicly traded corporation consolidations team. Solid understanding of inter-company transactions, eliminations, and equity pickup. Strong knowledge of foreign currency translation, functional currency, reporting currency, and remeasurement. Background in a corporate financial control environment with knowledge of accounting, reporting, and financial control requirements as well as statutory and audit requirements. Ability to work in a fast-paced monthly close environment to complete the global consolidations process timely and accurately within the Northern Trust monthly close cycle. Solid understanding of consolidated financial statements. Ability to understand how detailed activities fit into the larger financial accounting and reporting picture for individual entities and the Corporation as a whole. Required Competencies
Self-starter with the ability to self-motivate. Strong planning and organizational skills. Excellent verbal and written communication skills. Ability to meet strict deadlines by multi-tasking and prioritizing deliverables. Solid documentation techniques. Flexible approach toward changing work methods, deadlines and workload. 4-6 years of corporate or industry experience with business and technical accounting knowledge. Advanced IT skills with MS Office (Word, Excel, PowerPoint, Outlook). Proven ability to assess issues, identify solutions and problem solve. Strong analytical skills and high attention to detail. Salary Range
$83,100 - 141,300 USD Salary range is a good-faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits, paid time off, parental and caregiver leave, life and accident insurance, and other voluntary and well-being benefits. A discretionary bonus program may include an equity component. Working With Us
As a Northern Trust partner, you will be part of a flexible and collaborative work culture with financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to communities we serve. We’d love to learn how your interests and experience could fit with one of the world’s most admired and sustainable companies. Build your career with us and apply today. Reasonable accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com. We value an inclusive workplace and understand flexibility means different things to different people. Apply today and discuss your flexible working requirements with us. Job Details
Seniority level: Mid-Senior level Employment type: Full-time Job function: Accounting/Auditing and Finance
#J-18808-Ljbffr