Sr Analyst, Fund Admin HFS

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 is proud to provide 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.

Role Summary 

The Investor Accounting Senior Analyst is an intermediate-level position within the Investor Accounting group. The Senior Analyst performs preparation and review activities, supports client deliverables, and provides guidance to junior analysts while operating with limited supervision. The role supports the Investor Accounting team at a global hedge fund administrator and provides exposure to hedge fund and private equity accounting, investor allocations, and financial reporting. 

Key Responsibilities 

• Prepare and review monthly and quarterly investor allocations for hedge fund and private equity vehicles 

• Calculate and review management fees, incentive fees, and performance allocations in accordance with governing documents 

• Support fund onboardings, including system setup, share class configuration, and testing 

• Serve as a subject-matter resource for Analysts, providing guidance, training, and preliminary reviews 

• Assist with client queries by researching issues and drafting responses for senior team members 

• Support year-end financial reporting, audits, and regulatory deliverables 

• Identify and implement process improvements and efficiency opportunities within Investor Accounting workflows 

Minimum Qualifications 

• Bachelor’s degree in Accounting, Finance, or related field 

• 1-2 years of experience in fund administration, investor accounting, or asset management accounting 

• Proficient Excel and Microsoft Office skills 

• Strong analytical, organizational, and communication skills 

• Ability to work independently while meeting tight deadlines 

Preferred Qualifications 

• Interest in pursuing CPA or other professional certifications 

• Experience with investor allocations, management fee, and incentive fee calculations 

Working with Us:

As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.

Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.

We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater

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 hope you’re excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.

Apply today and talk to us about your flexible working requirements and together we can achieve greater.

About Our Tempe Office

The Northern Trust Tempe office opened in 2015 with 75 employees and now serves over 75 different business functions with more than 700 employees. The team is recognized as a Global Capability Center that delivers exceptional value, quality, expertise and innovation through our diverse talent. Learn more.